The Yankees may not be that good on the field this season, but it’s not hurting franchise income. With estimates of the team's overall value pegged at $1.2 billion, documents obtained by the New York Daily News under a Freedom of Information request show just how much cash the team may be raking in to support that value. The Yankees haven’t won a World Series since 2000, but still took in $188 million at the gate last year. That’s up over 20% from 2006.
Concessions netted an additional $65 million, thanks to prices like the cup of Bud that costs fans $9.50. Factor in a new stadium for next season and there’s no relief in sight for ticket-payers. A $250 single-game ticket this season will jump $600 next year. And without having to contract out concessions to a third party, as they do now, the Yankees will be raking in more dough there, too, the News reports.