There's an analysis by a prominent economist (a former number-crunching chief economist for three former city comptrollers) who details what NYC will lose if the Mets and/or Yanks miss the playoffs in terms of lost revenues. It doesn't detail the profit lost, just the revenues, so the numbers look pretty big. 
The economist "factored in that Mets fans are primarily based in Brooklyn and Queens, while the Yankees draw from across the region, including Westchester, New Jersey and Connecticut", hence the larger number for the Mets than the Yanks, in case you were wondering.
Wednesday, September 3, 2008
NYC's lost revenues
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3 comments:
If the Mets are spread across a smaller geographic region, wouldn't that result in a smaller economic loss? Or is it the concentration of fanbase that results in the greater loss?
Mark,
It's that the Mets fans reside (mostly) in the NYC boroughs vs. NJ fans, which are spread outside into NJ, CT. Or so I think...
Oh, I see. I didn't read it carefully enough the first time. It's talking about economic loss to NYC. That totally makes sense. Duh.
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