How the Mets somehow lose $50M a year

I have a whisperer who sometimes points things out to me, that you Whisperer…who wanted to make sure I saw this in the NY Times Article I had blown off.

The Mets lost more than $50 million last season, according to people familiar with the team’s finances, largely because of declining attendance and about $50 million in annual payments on bonds used to finance the construction of Citi Field. The family is able to temper its losses in part with the money it makes from the television network, giving the Wilpons the flexibility to allow a potential deal to sell the team to collapse.

The Mets Police
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.