Image Courtesy of NYCEDC
As Yankees and Mets Prepare for First Home Games, Both Teams Continue to Generate Hundreds of Millions of Dollars for Local Economy, Create Good-Paying Jobs
New York Yankees’ and New York Mets’ regular home games combined are expected to generate $909 million in economic impact for New York City over the course of the 2025 Major League Baseball (MLB) season. As baseball season kicks off and both teams prepare for their first home games, the Yankees and Mets continue to drive the local economy in New York City and create local jobs.
The analysis accounts for direct impacts from visitor spending, including tickets, concessions, merchandise, transportation, and lodging for overnight visitors. Additionally, the analysis accounts for stadium employee payrolls and indirect impacts from additional spending by stadium companies and employees. New York Yankees’ home games are expected to generate an economic impact of $594 million over the course of the 2025 regular season, while New York Mets’ home games are expected to generate an economic impact of $315 million over the course of the 2025 regular season. The economic impact of Yankees home games is estimated to be higher than the economic impact of Mets homes games because of higher ticket prices and higher expected attendance. While prices are based on current pricing for the 2025 season, expected attendance is based on historical averages for a normal season and should not be viewed as a projection of a team’s performance in 2025. Game attendance is estimated based on home-game averages from 2018, 2019, 2023, and 2024.
Local sports have been proven to be a major contributor to New York City’s economy. Last October, the 2024 Yankees, Mets, and Women’s National Basketball Association New York Liberty’s postseasons alone in New York City generated nearly $200 million in economic activity from the home games of their respective playoff runs.
In 2024, nearly 65 million visitors came to New York City—the second-highest figure in city history and a 3.5 percent increase from the previous year. The city is on pace to surpass pre-pandemic levels and mark a new high in city history in 2025, marking a full economic recovery. The announcement is another significant milestone highlighting the city’s near-full economic and tourist recovery post-pandemic.
About NYCEDC
New York City Economic Development Corporation is a mission-driven, nonprofit organization that works for a vibrant, inclusive, and globally competitive economy for all New Yorkers. We take a comprehensive approach, through four main strategies: strengthen confidence in NYC as a great place to do business; grow innovative sectors with a focus on equity; build neighborhoods as places to live, learn, work, and play; and deliver sustainable infrastructure for communities and the city’s future economy. To learn more about what we do, visit us on Facebook, Twitter, LinkedIn, and Instagram.
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