• Loading stock data...
Thursday, December 12, 2024

MLB Playoffs Bring Economic Jolt to Cities, Players

  • The Seattle Mariners got an economic boost for their first playoff run since 2001.
  • Players are rewarded for advancing in the postseason.
Seattle-Mariners
Lindsey Wasson-USA TODAY Sports

The MLB playoffs are bringing a swarm of economic activity to certain cities, some of which haven’t received that boost in a long time.

The Seattle Mariners’ first playoff appearance since 2001 has given a jolt to their beleaguered fanbase, even though their 2-0 wild card series win against the Blue Jays over the weekend took place in Toronto.

  • The Mariners’ team store sold out of postseason merchandise within two days of the team clinching a playoff berth.
  • Tickets to potential home dates for future playoff series sold out shortly after hitting the market.
  • The team will host its first postseason game since 2001 on Oct. 15 against the Houston Astros.

Team owner John Stanton said he expects the Mariners to be a top-10 MLB team in revenue over the next decade, with an estimated increase from $319 million last year to around $400 million, per Forbes..

Player Payday

MLB players bring in a significant haul for reaching and advancing in the postseason. Last season saw the player pool reach a record $90.5 million.

The World Series-winning Atlanta Braves players landed $32.6 million in total, while the American League champion Houston Astros notched $21.7 million.

At the low end, the New York Yankees and St. Louis Cardinals, who lost their respective wild card games, earned $1.4 million each.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Dec 9, 2023; Las Vegas, Nevada, USA; Los Angeles Lakers forward LeBron James (23) hoists the NBA Cup and celebrates with teammates after winning the NBA In-Season Tournament Championship game against the Indiana Pacers at T-Mobile Arena.

NBA Cup Year 2: Tweaks, Schedule Concerns, and Growing Pains

While Vegas has been the event’s location for the last two years, that could change because the NBA may add an expansion team in Sin City.

Mets: Not Concerned About Lower-Revenue Clubs After Soto Signing

The club dismisses concerns about fundamentally resetting the sport’s salary scale.
Dec 12, 2024; Chapel Hill, NC, USA; North Carolina Tar Heels new head coach Bill Belichick speaks to those attending his hiring announcement at Loudermilk Center for Excellence.

UNC Job Brings an End to Belichick’s Short-Lived Media Career

Bill Belichick had six media jobs this football season.

Featured Today

Nov 2, 2024; Denver, Colorado, USA; Detailed view of a Wilson NBA basketball held by a referee during the second half between the Utah Jazz against the Denver Nuggets at Ball Arena

‘Obvious Weak Point’: Refs Remain an NBA Gambling Concern

A season after Jontay Porter, the biggest risk may not be players.
Nov 2, 2024; Ann Arbor, Michigan, USA; Michigan Wolverines cheerleader runs with a flag before the game against the Oregon Ducks at Michigan Stadium.
opinion
December 7, 2024

College Football’s Billionaire Backer Era Begins

Is this the new normal in CFB recruiting?
LA Galaxy forward Dejan Joveljic (9) celebrates with midfielder Riqui Puig (10) after scoring a goal against Seattle Sounders FC in the second half in the 2024 MLS Cup Western Conference Final match at Dignity Health Sports Park
December 6, 2024

With or Without Messi, Major League Soccer Is Barreling Into the Future

After the Cup final, the league looks to accelerate its growth.
Dec 18, 2022; Lusail, Qatar; FIFA president Gianni Infantino claps during the awards ceremony after the 2022 World Cup final between Argentina and France at Lusail Stadium.
December 2, 2024

FIFA Wants More Matches. Resistance Is Growing Inside the Global Soccer World

Resentment and frustration over expanded schedules is nearing a breaking point.
Nov 17, 2024; Chicago, Illinois, USA; Former quarterback and current NFL announcer Tom Brady looks on before the game between the Chicago Bears and Green Bay Packers at Soldier Field.

Tom Brady to Have ‘Huge’ Impact on Raiders, Says Mark Davis

“His role is undefined right now,” Davis said of Brady.
December 10, 2024

More to A’s Offseason Spending Plans Than Meets the Eye

Revenue-sharing guidelines are helping fuel the increased spending.
Tilman Fertitta
December 11, 2024

Rockets Owner Tilman Fertitta in Line for Trump Appointment, Wants to Buy..

Fertitta had given hundreds of thousands of dollars to Trump.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
Joe Tsai
December 10, 2024

NFL Owners Set to Vote on Dolphins, Bills Stakes for Tsai, Carter,..

The deals are likely to be approved at the owners meetings in Dallas.
December 9, 2024

As Wizards Hit Historic Low, Leonsis Calls Season ‘Very Productive’

They’re on pace for one of the worst records in NBA history.
December 9, 2024

Have Mets Upended New York’s Baseball Hierarchy With Soto Deal?

The National League team sheds its image as an often-lovable underdog.
December 9, 2024

McLaren F1 Team Nearly Folded in 2020. An American Exec Just Led..

An investment from MSP Sports Capital in 2020 saved McLaren.