Yankees revenue

[Jagwar]

Why not surround the Yankees with 2 or 3 additional teams?

Waiter, I'd like to order a team for Connecticut please.

[crowmst3k!]

Why not surround the Yankees with 2 or 3 additional teams?

Waiter, I'd like to order a team for Connecticut please.

As long as it's a moved franchise, not an expansion. MLB does not need further expansion.

[DrungoHazewood]

Why not surround the Yankees with 2 or 3 additional teams?

Waiter, I'd like to order a team for Connecticut please.

As I said earlier in the thread, I'm all for a lot of teams in every big metro area, but this is something that would take generations to really impact the Yanks.

As long as it's a moved franchise, not an expansion. MLB does not need further expansion.

Why not? I'll agree that big expansion without fixing revenue inequities is probably a bad idea. But I think a Major League Baseball with 60 teams is possible. You could gradually expand over 20 or 30 years and see almost no drop in talent. And more teams means more people with local access to the league and the game. I think there are 60+ markets roughly the size of the smallest current one (maybe Milwaukee, which is thriving attendance-wise right now) once you divide up the bigger cities with multiple teams. Places like Louisville, Memphis, and Buffalo are in the 50s in DMA size.

If London can support Arsenal, Chelsea, Fulham, West Ham, Tottenham Hotspur, Crystal Palace, QPR, Millwall, Brentford, Charlton Athletic, Leyton Orient, Dag and Red, and dozens of lower-level teams, I'd guess you could come up with a setup where NY could support six major league teams. It's just harder when you expect expansive territorial rights and taxpayer-funded stadiums.

[mcgraw238]

Forbes had the Yankees' 2009 revenue at $441 mm. http://www.forbes.com/lists/2010/33/baseball-valuations-10_New-York-Yankees_334613.html I wonder why it would be so much higher in 2010.

The O's had 2009 Revenue of $171 million according to Forbes.

[Frobby]

Forbes had the Yankees' 2009 revenue at $441 mm. http://www.forbes.com/lists/2010/33/baseball-valuations-10_New-York-Yankees_334613.html I wonder why it would be so much higher in 2010.

Attendance this year is up about 400/game so far, and I assume the spread is projected to increase slightly by the end of the year. They have 7 home games each remaining against TB and Boston. That's not a huge attendance bump, but those additional ticket sales are almost certainly in the $1,000+ seats since those were the only seats that were empty last year. I believe they raised ticket prices, too.

Didn't they also discount a lot of the more expensive seats last season? If those are selling at full price now it would make a difference.

I'm skeptical that gate receipts could be up by $160 mm, or even half of that. I'm thinking that either (1) there is a difference between what Forbes is including as revenue and what this guy is including as revenue, or (2) this guy is simply wrong.