Here's what we care about...
Yankees Franchise worth 1.306 Billion Dollars (1st), up 9% from Last Year
Mets Franchise worth 824 Million Dollars (2nd), up 12% from Last Year
Yankees "lost 47.3 million dollars last year as an organization". (Last)
Mets "profited 32.9 million dollars last year as an organization". (3rd)
The Mets Debt/Value ratio was by far the best in the entire Major Leagues, 20% higher then that of the Second Place Team (The Yankees).But even those losses are misleading. For the owners of the Yankees and Red Sox, the huge dividends they get from their unconsolidated cable networks more than make up for the teams' losses.
And Yankee fans will love this....
PS: The Florida Marlins pocketed 35.6 million, but that was 2nd to the Nationals who pocketed 43.7 million.Consider this: The Yankee brand (the portion of the team's value attributable to its name) alone is worth $241 million, almost as much as the entire Florida Marlins franchise. When the Yankees move into their new stadium in 2009 the team will be worth at least $1.5 billion because of the rich bounty of sponsorship and premium seating revenue.
Really, both teams make a ton of money. But the Mets were more profitable in 2007, which might explain why they used that money to go out there and get a Johan Santana.