Yankee Global Enterprises is a three-engine money-making machine. A year ago baseball teams were still fretting about the recession and what it might mean for attendance. Yet 73 million fans showed up at the ballpark last summer, which was the sixth highest total of all-time and down just 0. Twenty teams drew at least 2 million fans, while nine teams topped the 3 million mark, led by the Yankees at 3. An overall improvement in the economy and better lending conditions boosted the average multiple of revenues that teams are valued at slightly to 2.
While the Red Sox go into rebuilding mode we will also see their player expenses drop down from one of the highest down to a middle-tier team which will allow for more flexibility. The Cubs are a mainstay in the Chicago market that is one of the biggest in the country. The Giants have been majority-owned by the Johnson family since and this past year they got a new head man, Greg Johnson, who is now the controlling owner and son of original majority owner Charles Johnson.
The Giants also secured a deal with Fanatics which operates the team store and is one of the biggest sports apparel companies in the country. The 2 nd most popular team in New York , the Mets , come in at number 6 on our list. The Mets were in the process of being sold before it fell through in February and they still remain on the market. The Mets made be 2 in New York behind the Yankees but they can both be successful in the same city.
ESPN's Jeff Passan reported MLB officials and players have discussed a plan in which every team would play games at stadiums in and around Phoenix, and the regular season would begin as early as May. However, many have questioned the viability of the idea. Enjoy our content?
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