The New York Mets were ranked as the sixth most valuable MLB franchise by Forbes today. The New York Yankees came in first with their value set at $3.4 billion dollars. Forbes says the Mets are worth $1.65 billion dollars and have annual revenue of $313 million.
| TEAM | VALUE | REVENUE |
|---|---|---|
| 1. New York Yankees | $3.4B | $516M |
| 2. Los Angeles Dodgers | $2.5B | $438M |
| 3. Boston Red Sox | $2.3B | $398M |
| 4. San Francisco Giants | $2.25B | $409M |
| 5. Chicago Cubs | $2.2B | $340M |
| 6. New York Mets | $1.65B | $313M |
| 7. St. Louis Cardinals | $1.6B | $300M |
| 8. Los Angeles Angels | $1.34B | $312M |
| 9. Washington Nationals | $1.3B | $293M |
| 10. Philadelphia Phillies | $1.24B | $263M |
In an interview with Neil Best of Newsday, Mets Chief Revenue Officer Lou DePaoli said that last year’s World Series run continues to provide big boosts to many of the team’s revenue streams.
For one, the season-ticket holder base has more than doubled compared to this time last year. While DePaoli declined to give any numbers, he did say that fans are motivated both by the fact that late last year games began to sell out, shutting out non-season ticket holders on the primary market, and because season-ticket plans allow for access to playoff tickets at face value.
The Mets drew 2,569,753 in attendance last season, their best Citi Field’s inaugural season in 2009 and an increase of 18.11 percent over 2014 according to Newsday, and those figures are expected to be eclipsed again in 2016.
