New York Yankees, Mets expected to generate over $900M in economic impact for NYC
CONCOURSE, The Bronx (WABC) -- The official start of the 2025 Major Baseball League season is just one day away, and in New York, both teams are expected to generate millions for the city.
The Yankees and Mets both play about 80 home games and may be fierce competitors on the field, but they stand shoulder to shoulder when driving the economy in New York City, those were the words of Yankees President Randy Levine.
Mayor Eric Adams announced that the New York Yankees and New York Mets' regular-season home games combined are expected to generate $909 million in economic impact for the city throughout this season.
The city bases this estimate on ticket prices and expected attendance.
The Yankees made it all the way to the World Series last year.
The Mets, who did well themselves, now have prized player ex-Yankee Juan Soto to bring fans out to Citi Field.
Mayor Adams said both organizations continue to drive the local economy by stimulating small businesses, creating jobs, and providing opportunities.
This was a local economy ravaged by COVID, if you think back just a few years, and so the city cannot understate the magnitude of what these teams bring in.
"Each time someone spends money in a restaurant, a stadium, and a retail store by buying apparel or at a hotel, it infuse money into our economy and played a major role of the recovery of our economy as bond ratings have clearly shown that this is a great investment, the City of New York," Adams said.
"The Yankees and the Mets are fierce competitors on the field. And that's the way it should be," Levine said. "But when it comes to doing right by this city and doing things to help people in this city, we're shoulder to shoulder."
"We hire hundreds of full-time employees who live, many of whom live in New York City. We also hire thousands of seasonal workers, working closely with unions to staff, electricians and plumbers, and guest experience folks. So the impact is tremendous," said M. Scott Havens, New York Mets, President of Business Operations.
The projection is based on direct impacts from visitor spending, including ticket sales and concessions, and lodging for those who travel to town for a game, and we know there are plenty of people who do that.
Mayor Adams teased a subway World Series, we only know the sky is the limit if that should happen.
ALSO READ: Loaded fries, fried Oreos, among new food offerings at Citi Field
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