NY Sports Dog: 20 Years of Yankee and Mets Payrolls

Thursday, February 11, 2010

20 Years of Yankee and Mets Payrolls


I was having a discussion with my brother, a devout Yankee fan, and and we were comparing the relatives success, or lack of success, for each team, as well as their strategy for building the ballclubs.

He rightfully argues the Yankees have more homegrown talent, and I rightfully argued that the Yankees have also infused the homegrown guys with a continual cast of very high-priced free agents.

When the payroll discussion inevitably arouse, my brother was a bit in denial about the Yankees spending habits. He argued that the Mets "used to way outspend the Yankees," and that it was only recently that the Yankees spent a ton, but that they were bringing the payroll "way, way down" the last few years.

My brother, like many Yankee fans, is delusional. To prove this, I created a quick chart depicting both team's payrolls over the last 20 years.

Overall the Yankees have outspent the Mets by about $600M during that time, with the majority of the spending difference occurring in the last 7 years.

While the Mets have certainly spent a lot, they also have not had the same success as the Yankees.

We all cringe at 2009, but the Mets spending was pretty high overall during the 2006-2008 years--years in which the team had a lot of success, albeit some major disappointment as well. That said, they were, for lack of a better term, "on the cusp."

The payroll for 2010 will be in the $125M range, and that is part and parcel of the team's financial woes and the weak free agent market for 2010.

The numbers:


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