Too good to check: New Yankee Stadium an epic fail?

The new Yankee Stadium has seemed cursed from the beginning, as if Babe Ruth disapproved of the abandonment of the house he built. That it opened during a recession, with a major-league-high $72.97 average price for a nonpremium ticket (up 76% over 2008, according to Team Marketing Report) has created contempt among fans who otherwise love the team. “They don’t have a good enough team to charge those prices,” says 35-year-old fan Jeff Burrows of Brooklyn, who toured the park recently with his father. “They’ve made almost every mistake you can make,” says Roger Noll, a professor of economics emeritus at Stanford. “There’s nothing that’s been as unpopular as this.”

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The question is whether all the trouble ultimately will be worth it. If the new stadium fails to augment the Yankees’ payroll advantage over competing clubs, and if its propensity to allow home runs makes it difficult to craft an effective pitching staff — what was the point?

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