1. GENERAL
Stadium: Citi Field (opening in 2009 after move from Shea Stadium at end of 2008 season)
Capacity: 45,000
Built: 2008-2009 / $800 M USD
Head office: 123-01 Roosevelt Avenue Flushing, NY 11368
Phone: (718) 507-6387
Fax: (718) 639-3619
Website: New York Mets
E-Mail:
Radio flagship: 660 WFAN-AM
Local television: Sportnet New York (regional sports channel owned and operated by club)
Corporate partners/sponsors: Anheuser-Busch, Chevrolet, Delta Air Lines, Toyota, Verizon.
Mascot: Mr. Met
2. HISTORY
Established: 1960 (first season in 1962)
Franchise ancestry: Expansion
Notes: Name derived from official corporate name “New York Metropolitan Baseball Club”, although its popularity comes from invoking the old New York Metropolitans of the American Association in the 1880s; team adopted orange from the New York Giants and blue from the Brooklyn Dodgers, the two teams the Mets were designed to replace in the National League after they both moved to California (San Francisco and Los Angeles).
3. BUSINESS OF WINNING
World Series titles: 2 (1969, 1986)
National League pennants: 4 (1969, 1973, 1986, 2000)
NL East Division titles: 5 (1969, 1973, 1986, 1988, 2006)
Wild cards: Two (1999, 2000)
4. OWNERSHIP AND MANAGEMENT
Owner: Fred and Jeff Wilpon
Acquisition date/price: 2002 / $391M USD
General Manager: Omar Minaya
Manager: Jerry Manuel
Stadium: Citi Field (replacing 55,775-seat Shea Stadium, built in 1964 for $26M)
Concessions: Aramark
5. PLAYER PAYROLL
Player costs: $130M USD (2007)
6. FRANCHISE FINANCIALS
2008 Franchise value: $824 M USD
2008 Franchise value ranking: #1 in National League / #2 in Major League Baseball
2008 Franchise value increase: 12%
2008 Debt/Value ratio: 97%
2007 Revenues: $235 M USD
2007 Operating Income: $32.9M USD
Source: Forbes.com
7. CONSUMER PRICING
2008
Average ticket price / ranking: $36.58 USD / #2 in NL and #4 in MLB
Fan Cost Index*/ranking: $259.84 USD / #1in NL and #2 in MLB
Source: Team Marketing Report
* FCI refers to the price of four average tickets, two small beers, four small sodas, four hot dogs, parking for one car, two game programs and two adult-sized caps.
8. ATTENDANCE
2008
Home Dates: 79
Home Attendance Average: 51,165
Home Attendance Drawing Capacity: 89.1%
Home Attendance Total: 4,042,047
Home Attendance Rank: #1in National League/#2 in Major League Baseball
Road Dates: 81
Road Attendance Average: 35,944
Road Attendance Drawing Capacity: 80.7%
Road Attendance Total: 2,911,464
Road Attendance Rank: #1 in NL / #2 in MLB
Regular Season Dates: 160 dates
Regular Season Average: 43,459
Regular Season Drawing Capacity: 85.4%
Regular Season Total: 6,953,511
Total Attendance Rank: #1 in NL / #2 in MLB
Source: ESPN.com and TheSportMarket.biz
Estimated Gate Receipts: $114M USD
Source: Forbes.com
9. TELEVISION RATINGS
Average # of households: 239,000 (Sportnet New York)
Decrease: 0.4%
Rating: 3.24
Decrease: 0.6%
Source: Street & Smith’s SportsBusiness JOURNAL
Estimated revenues from television¹: USD (2007)
10. CORPORATE SPONSORSHIP
Estimated revenues from sponsorship²: $ M USD (2007)
11. MERCHANDISE SALES
Estimated revenues from merchandising and licensing³: $ M USD (2007)
12. CONCESSION AND ANCILLARY SALES
Estimated revenues from concession sales: $ M USD (2007)
13. MARKET SIZE
City Population: 8,213,839
Metropolitan Area Population: 18,815,988
Greater Metro Area Population: 21,199,865
City size ranking: #1 in US / #1 in NL / Tied #1 in MLB
Metro area size ranking: #1 in US / #1 in NL / Tied #1 in MLB
Greater Metro area size ranking: #1in US / #1 in NL / Tied #1 in MLB
Source: US Census Bureau 2005 and 2007
Designated Market Area (DMA): 7,433,820 TV homes / 6.495% of US
DMA ranking: #1 in US / #1 in NL / Tied #1 in MLB
Source: Nielsen 2008
14. MARKET ECONOMICS
Economic Description: Seaport, global city and command centre economy; general and diversified; international and national leadership roles in commerce, finance, culture and entertainment; including television, advertising, music, newspapers and book publishing; financial services, food processing and tourism (financial capital of the US and second largest city economy in the world; commerce, insurance, real estate, media and the arts and manufacturing in garments, chemicals, metal products, processed foods and furniture)
Major companies: 44 Fortune 500 companies, including media companies such a Time Warner, News Corp, Hearst Corp and Viacom; headquarters of the United Nations; home of the top two stock exchanges in the world (NYSE and NASDAQ).
City per capita income (ranking): $22,402 USD (#6 NL / tied #14 MLB)
Metro area per capita income (ranking): $53,423 (#8 US / #3 NL / #5 MLB)
State per capita income (ranking): $44,027 (#5 US / #2 NL / tied #3 MLB)
15. MARKET DEMOGRAPHICS
Ethnicity (City of New York): Race – White non-Hispanics 35%, Hispanics 27%, Black 24.5%, Asian and Pacific Islanders 10%, Other 3%; major ethnic groups – Puerto Rican, Italian, West Indian, Dominican, Chinese and Irish.
Language: Approximately 75% English.
Median Age: 34.2 years.
Political Leadership: Mayor of New York City – Michael Bloomberg (Republican); Governor of New York – David Paterson (Democrat); U.S. Senators – Charles Schumer (D); Vacant (Democrat Hillary Rodham Clinton appointed Secretary of State); U.S. Representatives – 29 (26 Democrat, three Republican): Timothy Bishop (D), Steve Israel (D), Peter R. King (R ), Carolyn McCarthy (D), Gary L. Ackerman (D), Gregory Meeks (D), Joseph Crowley (D), Jerrold Nadler (D), Anthony Weiner (D), Edolphus Towns (D), Yvette Clarke (D), Nydia Velazquez (D), Michael McMahon (D), Carolyn B. Maloney (D), Charles B. Rangel (D), Josse Serrano (D), Eliot Engel (D), Nita Lowery (D), John Hall (D), Kirsten Gillibrand (D), Paul Tonko (D), Maurice Hinchey (D), John McHugh (R ), Michael Arcuri (D), Dan Maffei (D), Christopher Lee (R ), Brian Higgins (D), Louise Slaughter (D), Eric Massa (D). |
