Mayor Adams: MLB Season Set to Inject $900 Million into NYC Economy

Mayor Eric Adams announced the economic impact of the upcoming Major League Baseball season in New York City, revealing that the Yankees and Mets are expected to generate around $900 million this year alone. These games promise not only to draw large crowds but also to provide significant financial benefits to local businesses and create thousands of jobs.

During a press conference at Yankee Stadium, the mayor highlighted the projected revenues from home games: $594 million from the Yankees and $315 million from the Mets. This financial boost is crucial for restaurants, retail shops, and other businesses surrounding the stadiums, whose success is closely tied to game-day attendance. Each time fans spend on dining or shopping, they inject money back into the local economy, aiding in its recovery and growth (Source: https://youtu.be/Z4kq6mTczv8&t=253).

To enhance the economic benefits for small businesses, the city is fostering strategic partnerships with local establishments. The Yankees and Mets are collaborating with the Bronx Chamber of Commerce and other regional trade organizations to support community initiatives. Both teams are committed to finding ways to integrate local businesses into the baseball experience, whether through vendor opportunities or co-hosting events surrounding game days (Source: https://youtu.be/Z4kq6mTczv8&t=604).

Mayor Adams emphasized that the baseball season not only contributes to economic growth but also brings communities together, creating memorable experiences for families and visitors alike. This sentiment was echoed by team executives, who noted their desire to coordinate events effectively to minimize overcrowding and improve accessibility for fans (Source: https://youtu.be/Z4kq6mTczv8&t=493).

The positive impact on tourism is also noteworthy; the increased activity through ballgames is expected to draw more tourists into the city. With a record 65 million tourists visiting New York last year, both the Yankees and Mets will play pivotal roles in maintaining this trend by attracting fans from around the world (Source: https://youtu.be/Z4kq6mTczv8&t=253).

As the 2025 season approaches its opening day, city leaders encourage residents to engage actively with local businesses by attending games and participating in community events. Mayor Adams remarked that both teams contribute significantly to the city’s identity and vitality, reinforcing the message that sports continue to be a unifying force in New York (Source: https://youtu.be/Z4kq6mTczv8&t=833).