This time of year always gets the speculation wagon rolling, Who will the team go after? Where are we going to focus attention on improving? Do we have the money?
Well, let’s look over the last question, since the answer to THAT one will help answer the first two.
First off, How much money do the Mets make? Let’s start with ticket sales. Team Marketing Report.com states that the average Mets ticket (not including premium seating or luxury boxes) is $36.99. Figuring that Citifield holds 41,800, max average ticket revenue for the season would be $125,240,742. (41,800 x 81 home games x $36.99)
Luxury boxes are sold out, and the average price for them is $275,000-500,000 per season, plus the premium ticket price (source: New York Times 9-15-08). That is an average of $387,500 per box. Annual total of $18,987,500 for the 49 boxes, again not including the premium seating ticket tack-on.
Again, using the average listed by Team Marketing report.com, the average family/group of four typically spends an additional $80 while in the stadium. That equates to a low estimate of $67,716,000.
Parking averages around 20 per car, figure 15,000 cars for 81 dates, and you get an additional $24,300,000.
So, before figuring in SNY money, National TV money, National radio money, WFAN money, Satellite radio money, mlb.com money, and revenue sharing for merchandise, the Mets have a minimum of $236,244,244 coming to them strictly from the stadium, and that is figuring LOW.
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