In the post about the new parking rates at Citi I made a sarcastic comment that it must cost more to park cars at a concert than a game. Â Ceetar asked (in the comments) if maybe the additional money goes to the artist.
Here’s the excellent Sports Business Journal:
The concert revenue was welcome at a time when everyone in sports is battling the effects of the recession. MLB clubs do not have to share their portion of concert revenue with other teams.
The three teams all struck traditional rent deals with promoters, rather than promoting the concerts themselves, as a few organizations have begun to do. Under the rental arrangement, the acts take most ticket revenue, and the teams make their money on ticket fees, concessions and parking.
I think that last sentence tells all. Â They are making none to little on the tickets, so you’re going to pay $30 to park. Â Or read this Mets Police guide to being cheap about parking.
Seems a fair trade off to me. Mets make extra revenue outside of the Mets, which hopefully helps defray them raising prices (more than $1 for parking..) for actual Mets games.
I do park where you suggest, although closer to the Roosevelt Avenue area. The one caveat is it’s kinda a pain to get to the GCP west from there.