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Monday, May 13, 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.

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