Friday, March 25, 2011

MLB teams used to count on Mets for revenue sharing cash

3/24/11, "The team’s losses — projected to hit another $50 million or more this season based on factors including advance ticket sales — come with a range of implications for its owners, who are trying to sell a portion of the club, and for major league teams that rely on the Mets to share revenue with them.

Two years ago, the Mets contributed more than $40 million to baseball’s revenue-sharing pool — a system

  • meant to create a more level playing field

for small- and large-market teams. But in 2010, the Mets put in around 40 percent less."...

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