METS Collapse Costly
The stunning collapse of the New York Mets will be talked about for years to come. Hopefully Tom Glavine’s career does not end on a note like this, and his pride is not the only thing getting hit. His wallet is too…
The New York Mets lost more than a playoff spot, their pride and probably some of their fan base this past week. The franchise lost millions of dollars, while the players themselves lost at least $20,000 apiece, if not hundreds of thousands of dollars.....Exactly what the price tag of that collapse is impossible to say, because there’s no way of knowing how far into the playoffs the team would have gone. But even the Mets had been swept in the first round of the playoffs, they likely would have seen about $1.5 million to $2 million in additional profits from its share of ticket sales, concessions and the like.
And if the team had played the maximum number of games in each round of the postseason all the way through to the World Series, it likely could have seen about $15 million or more in additional revenue, said Marc Ganis, a sports marketing consultant.
But Ganis said the real financial problem for the team isn’t the lost revenue from this October. It’s the impact on ticket sales in 2008.
Mets lost millions (of $) in collapse
CNN Money
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