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The Citigroup-NY Mets deal is nuts

The New York Mets, whose September collapses have delighted us Philadelphia Phillies fans, have screwed up even bigger with their $400 million stadium naming rights deal with Citigroup Inc. (NYSE: C).

Baseball's premier choke artists are now denying an earlier report that the troubled New York-based bank was trying to back out of its commitment to the team. New York Newsday is quoting a team official "We're committed to our agreement with Citi, and Citi has indicated it is committed to users." He went on to defend Citi, saying that the bank "needs to advertise."

Continue reading The Citigroup-NY Mets deal is nuts

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Last updated: May 28, 2012: 11:42 AM

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