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For the first time under the lights of their new Bronx stadium, the New York Yankees celebrated a historic World Championship win Wednesday night, beating out the Philadelphia Phillies 7-3.

It's the team's 27th world title and first since 2000.

It's also the fifth World Series ring for the "core four" of Mariano Rivera, Derek Jeter, Andy Pettitte and Jorge Posada.

"You never know when you're going to get back here, you know, so for all my teammates that have been here before and we couldn't do it," Posada said. "This really says a lot about our team. I'm excited. I mean I'm speechless. I'm really enjoying the moment right now."

Rivera closed out Game 6, getting the Phillies' Shane Victorino on a groundball to second to end it.

"Now it's over. Now there's a lot of celebration, a lot of smiles and that's it," said Rivera. "We win today and I'm going to rest now."

The star of the game was Hideki Matsui. The Yankees DH was awarded the MVP following his two-run homer, two-run single, and two-run double.

His six RBIs tied a record set in 1960 by the Yankees' Bobby Richardson for most in a single World Series game.

Yankees pitcher Andy Pettitte picked up the win, adding to his record of postseason wins and series clinching wins.

The World Series celebration could be heard all across the city, especially in the Bronx.

Fans who came pouring out of the stadium following the Bombers' victory said it was only fitting they clinched the win at home.

"Amazing, amazing! Greatest game I ever went to. About time. A-Rod, Jeter, Pettitte, Matsui MVP, what more can be said," shouted one Yankees fan.

"New president, new stadium, new champions, New York!" said another enthusiastic fan.

In Times Square, fans wasted no time stocking up on World Series souvenirs at Modell's sporting goods.

From T-shirts to hats to collector's mugs, World Championship gear went on sale almost immediately after the last out of the game.

Fans say they couldn't wait to grab the merchandise and show their pinstripe pride.

"I'm supposed to be at work and I figured when I get off work in the morning, it's gonna be sold out, so sorry boss, I gotta be here," said one Yankees fan.

"The city's finally back, yo. This is what we needed for the city of New York. This is what we needed," said another Yankees fan.

A ticker-tape parade celebrating the team's win is scheduled for Friday at 11 a.m.

The parade route will begin on Broadway at Battery Place and continue north through the "Canyon of Heroes" to Chambers Street. It will then be followed by a ceremony at City Hall where Mayor Michael Bloomberg will present the team with Keys to the City