Reggie Jackson to sell big letters from old Yankee Stadium

First Posted: 3/9/2015

NEW YORK (AP) — Some very big, familiar pieces of New York City sports history are going on the auction block — courtesy of a baseball star.

The 10-foot high letters that spelled “Yankee Stadium” atop the original Bronx ballpark are being offered for sale at Sotheby’s on April 1. The auction house has estimated that the letters will sell for $300,000 to $600,000.

The owner is Yankee legend Reggie Jackson.

Mr. October bought the letters after the Yankees’ last game at the stadium in 2008. They had adorned the ballpark, which was built in 1923, since 1976, so they were there when Jackson hit three consecutive home runs in the sixth game of the 1977 World Series.

The 68-year-old Hall of Famer, at spring training with the Yankees in Tampa, Florida, said through Sotheby’s that he wanted “a new generation to own and enjoy this icon of the Yankees and of New York City.”

“There were a few items I wanted to purchase before the old Yankee Stadium was torn down, including my old locker and a section of the black bleachers off of centerfield,” he added. “But I kept thinking about the stadium lettering, and if there was any way for me to own it. I ended up making an offer and was thrilled when it was accepted. It’s been a privilege to own such a recognizable piece of baseball history.”

Sotheby’s would not say how much Jackson paid for the letters.

Potential buyers will have to think about where to put the monumental letters. They range from 2 to 10 feet in width. They light up electric blue and are constructed of aluminum casing with Plexiglas inserts.

The “N” and “Y” will be displayed on the seventh floor of Sotheby’s Manhattan galleries beginning March 26.

They will be part of Sotheby’s “New York Sale” auction of photos, prints, jewelry and other city-related material.

James Patterson launches grant program for libraries

NEW YORK (AP) — Having handed out more than $1 million to help independent bookstores, James Patterson is now sharing his wealth with some other vital, but often struggling institutions: School libraries.

The best-selling author announced Monday that he was donating $1.25 million through a grant program administered with Scholastic Reading Club, a division of Scholastic, Inc. Libraries or supporters of libraries can seek donations $1,000 to $10,000. Scholastic will match each donation with “Bonus Points” that can be used to purchase classroom materials. According to Patterson, requests can be for anything from fixing a computer system to paying for a school reading project.

“James Patterson is such a champion of books and reading for all children. We are thrilled to work with him to support school libraries, which are essential for thriving school communities,” Judy Newman, president of Scholastic Reading Club, said in a statement.

Patterson, who has strong memories of his weekly visits to libraries as a child, told the Associated Press during a recent interview that he wanted to “shine a light” on the problem of public schools with no libraries or underfunded libraries. In California, for instance there was just one certified school librarian for every 7,784 students in 2012-13. Chicago and Philadelphia are among the other cities that have sharply cut library staffing. More than 8,000 public schools nationwide did not have libraries in 2011-12, according to the National Center for Educational Statistics.

“A lot of schools also don’t have as many books as they should have,” said Patterson, adding that libraries were especially important for kids in households without books. “There’s a myth out there among some people that the kids are reading only digital books now. They’re not.”

The program will begin with a $250,000 donation from Patterson, with the remaining $1 million to be distributed throughout the year and additional funding likely in the future,

It’s the latest work of philanthropy for Patterson, an advocate of literacy for more than a decade through such projects as Read, Kiddo, Read and the James Patterson PageTurner Awards, which offers cash prizes to individuals who helped promote and encourage reading. In 2013, he earned the gratitude of the independent bookselling community by launching a system of grants similar to what he is doing now for libraries

Patterson’s interest in reading begins at home. He remembers pushing his then-8-year-old son Jack to like books, assigning him a reading list one summer and watching him advance so well that he managed a perfect score on his English SAT exam

“I’m the most emotional and passionate about getting kids reading in late elementary and early middle school reading because if they don’t how are they going to get through high school?” he said.

“We just want to keep doing something useful, pushing the rock up the hill. It’s a big rock, a big hill.

Applications for library grants can be found at www.scholastic.com/pattersonpartnership