03/26/2018
Yankees and Mets
The new baseball season begins this week, and for New York area fans, the buzz surrounds the Yankees because of their acquisition of slugger Giancarlo Stanton. In polls of fan support, generally there are twice as many Yankees fans as Mets fans these days, but this is largely because the Yankees have had more success than the Metropolitans.
So I thought I’d look at the last few years...the team’s record and attendance
Yankees...W/L Record...Annual Attendance (in millions)
2009... 103-59 ...3.7...won World Series
2010... 95-67 ...3.8
2011... 97-65 ...3.7
2012... 95-67... 3.5
2013... 85-77 ...3.3
2014... 84-78 ...3.4
2015... 87-75 ...3.2
2016... 84-78 ...3.1
2017... 91-71 ...3.2
Mets
2009... 70-92 ...3.2
2010... 79-83 ...2.6
2011... 77-85 ...2.4
2012... 74-88 ...2.2
2013... 74-88 ...2.1
2014... 79-83 ...2.1
2015... 90-72 ...2.6
2016... 87-75 ...2.8
2017... 70-92 ...2.5
Meanwhile, the Yankees’ ticket & suite revenue peaked in 2009 at $397 million and slid to $228 million in 2016 ($235m last season), while for the Mets, during the above period, the Mets had top revenue of $180 million in 2009, bottoming at $117m in 2014, while rising to $168m in 2016 (the last year available).
But both teams had similar net operating income last season, $39m for the Yanks, $32m for the Mets, owing to the fact the Yankees have traditionally had a payroll about double that of the Mets, though the Yanks have been looking to cut back some (Giancarlo Stanton’s huge contract aside).
Source: Crain’s New York Business, BaseballReference.com, S&P, Moody’s
Play Ball!
Wall Street History will return in a few weeks.
Brian Trumbore
