Around the Net

Goldman Brokers Food Deal With Yankees, Cowboys

The Post reports that Goldman Sachs honcho Lloyd Blankfein "is behind a deal to help bankroll" a $100 million venture between the New York Yankees and Dallas Cowboys to start a concessions company that will improve the food experience at the stadiums each team is building and expect to occupy next year.

The story, by Paul Tharp and Irene Plagianos, focuses on the business aspects of the deal. It points out, for example, that the arrangement is a blow to Aramark, which has $12 billion in annual revenue and went private last year in a deal financed largely by Goldman Sachs. It quotes Yankee scion Hal Steinbrenner: "Fans want, and deserve, a better experience for their sports entertainment dollars."

The Times' Richard Sandomir , on the other hand, leads with the fact that the announcement came "with a bonus DVD of a chat between George Steinbrenner, the principal owner of the Yankees, and Jerry Jones, the Cowboys' owner."

Sandomir then generously provides some of the sappy dialogue between the two. In the end, you can't help but feel bad for George -- "his face puffy and his eyes covered by sunglasses" -- who is becoming a sentimental favorite as quickly as his actual influence recedes. Thankfully, however, neither story refers to The Boss as iconic.

advertisement

advertisement

Read the whole story at New York Post, New York Times »

Next story loading loading..