Thursday, December 5, 2013

Yankees Lost $58 Million In Ticket Revenue In 2013


The New York Yankees have to file all their financials with the great city of New York as a part of the bonds agreement for the construction of Yankee Stadium Part 3 and that includes its ticket revenue. According to those documents the Yankees lost $58 million in ticket revenue, which does not count concessions and such, from 2012 and the lack of a playoff berth is being the culprit.

Ticket sales and luxury suites totaled $295 million in 2013 which was down from $353 million in 2012, $377 million in 2011, and $384 million in 2010. Is this because of the product on the field or is it because the fans have been priced out of the new stadium? Guess that's another question for another post on another day.

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Sorry for the Capatcha... Blame the Russians :)