Yay!!!! Think Progress Bailed-out companies AIG, Citibank have no plans to cancel expensive sports sponsorships. Struggling Citibank just sealed a multi-billion-dollar emergency ‚Äúbackstop‚ÄĚ deal with the U.S. government. The financial behemoth, suffering with billions in bad mortgage-related assets on its books, recently shed 53,000 workers and saw its stock price lose over half its value. Yet it‚Äôs in a 20-year contract to pay the New York Mets $400 million to name the team‚Äôs new stadium ‚ÄúCiti Field.‚ÄĚ Imploding insurance giant AIG is paying the British soccer team Manchester United $125 million for the privilege of having its logo appear on Man U‚Äôs uniforms. That, despite the fact the firm is standing largely thanks to a $150 billion lifeline from the U.S. Treasury.