It has been a summer to forget for the New York Mets, who are 17 games out of first place with the third-worst record in the National League, despite the highest payroll in baseball of $328 million.
The poor play hasn’t shown up yet in the club’s finances. Queens Ballpark Company had revenue of $149 million for the first six months of the year, according to a disclosure required by the financing agreement related to building Citi Field. This number is up a tick from $147 million the prior year through June 30.
Things might be less rosy during the second half of the year, with the team mired in last place. The club did not put single-game tickets at Citi Field for the second half of the season on sale until May 7. Speculation swirled in March and April that the Mets were holding back to take advantage of dynamic pricing during a hopeful second-half pennant chase. Given that single-game ticket sales typically correspond with team performance, it now looks like a miscalculation. The Mets did not respond to a request for comment on the ticketing plan.
This week, the Mets announced a $10 voucher per ticket to use toward eligible concessions and merchandise for any fans who buy a ticket for the final 32 games of the year. The credit will also be included on already-purchased tickets.
