Mets' Revenue At Citi Field Down For Third Straight Year

The Mets’ ballpark-related revenue “dropped $8.3 million to $118.6 million this past season -- the third straight year of declines since Citi Field opened,” according to Baumbach & Marshall of NEWSDAY. Data shows that ballpark-related revenue “such as premium ticket sales, concessions and parking has declined 43 percent since 2009, the stadium's opening year.” This year's reported revenue “of $118.6 million as of the end of September was down from $180.4 million in 2009 and $126.9 million in 2011.” The numbers “come from quarterly reports that highlight a designated portion of the team's ballpark finances.” The records also show that revenue for Citi Field's “10,635 premium stadium seats, representing about 25 percent of the 42,000-seat stadium, was $44,111,395 this season, down from $50,515,652 in 2011 and well short of their budgeted projection of $56,506,733.” The team did “see an 18 percent increase in concession revenue from a year ago, marking the first increase in that department since the stadium's opening” (NEWSDAY, 12/18).