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New York Introduce David Stearns New York Mets owner Steve Cohen addresses the media at a press conference, PK, Pressekonferenz at Citi Field in Corona, New York, Monday, Oct. 2, 2023. New York United States Copyright: xGordonxDonovanx originalFilename:donovan-newyorkm231002_npDXA

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New York Introduce David Stearns New York Mets owner Steve Cohen addresses the media at a press conference, PK, Pressekonferenz at Citi Field in Corona, New York, Monday, Oct. 2, 2023. New York United States Copyright: xGordonxDonovanx originalFilename:donovan-newyorkm231002_npDXA
The New York Mets had one of the most disappointing ends to the 2025 season. When they signed Juan Soto from the Yankees before the season started, the fans expected great things, like deep postseason runs. While the management would have also expected that, the one thing they could rely on was his name bringing in more revenue, like Shohei Ohtani did to the Dodgers. But after recent reports, it looks like the Mets have fallen well short in both on-field and off-field performance.
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In a recent piece by Bob Nightengale, he wrote, “MLB has privately told owners that teams lost $1.8 billion last year, led by the New York Mets with about $350 million in losses… It doesn’t reveal the financial growth in franchise value, record revenues, or that their owner is worth $21 billion.” And yes, they did improve, but not as much as expected.
In 2025, MLB privately reported that the Mets suffered the largest losses of any team, totaling $350 million. The league’s overall losses reached $1.8 billion, though much of it reflected accounting, not actual cash deficits. Payroll played the biggest role, with the Mets committing $342 million to player salaries, second only to the Los Angeles Dodgers. Despite this heavy spending, the team again failed to reach the playoffs, amplifying scrutiny over their financial strategy.
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The Mets’ financial statements have improved from 2024, with the net income at $195 million and a total revenue of $308 million. The attendance has improved too, with over three million fans. Despite all the revenue, they still lag behind the expectations set by high payroll commitments.

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MLB, Baseball Herren, USA New York Mets at Washington Nationals Aug 20, 2025 Washington, District of Columbia, USA New York Mets right fielder Juan Soto 22 walks back the the dugout after striking out against the Washington Nationals during the first inning at Nationals Park. Washington Nationals Park District of Columbia USA, EDITORIAL USE ONLY PUBLICATIONxINxGERxSUIxAUTxONLY Copyright: xRafaelxSuanesx 20250820_lbm_ar4_007
The team signed Juan Soto to a 15-year, $765 million deal, hoping to replicate Ohtani-like financial impact for the franchise. While total revenue rose to $444 million, operating losses persisted at $268 million, showing limited immediate return on investment. The Dodgers have been able to turn a similar payroll into nearly $1 billion in gross revenue. Ohtani’s star power and sponsorship deals certainly did play a key role in the revenue.
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While Soto brings hope, the Mets’ books remind fans that money alone cannot buy championships instantly. Steve Cohen faces the reality that a $765 million gamble does not guarantee Ohtani-like returns. Los Angeles laughs all the way to the bank, showing talent and timing beat sheer spending.
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The Mets might lose in numbers game, but they are doing everything on the field to win
Amid a rotation that struggled to find consistency, the team is quietly plotting its next big move. With Clay Holmes already in the mix and eyes on potential aces like Framber Valdez, the Mets are signaling they won’t just participate; they plan to dominate, whether anyone’s counting or not.
The New York Mets are expected to pursue one or two frontline starters to strengthen their rotation. Free agents like Framber Valdez, Dylan Cease, and Shota Imanaga could immediately provide ace-level stability. Their addition addresses a rotation that finished with a 4.13 ERA and ranked 18th during the last MLB season.
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With proven starters joining, the Mets can transform a rookie-heavy rotation into a postseason-caliber staff. They could improve their pitching depth, and that would complement Juan Soto’s offensive firepower.
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If the Mets secure Valdez or Cease, their rotation could improve swiftly. Steve Cohen’s wallet might groan, but the Mets are proving money can still buy hope. Share your thoughts in the comments.
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