An audit by city Comptroller William Thompson found that the team had underpaid the city by $11 million over a three-year period. The team is supposed to pay the city a percentage of all revenue from tickets, parking and cable television.
The Yankees have already paid more than $7 million owed to the city, with the balance to be paid next March.
Team spokesman Howard Rubenstein says the Yankees have ``cooperated fully'' and ``has no problems with the audit.''
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