No Shea?! Citicorp Buys Rights To New Mets Stadium For $20M

We had a feeling this might happen:

The name of the Mets’ new home ballpark will be Shea no more, come 2009. The successor to Shea, the club’s home since 1964, is to be named CitiField, according to several newspapers and Internet reports. The name comes from CitiCorp, Inc., the biggest bank in the nation, according to reports which put the value of the naming rights at as much as $20 million annually.

  • Mets strike stadium naming deal [Mets.com]