The New York Mets reportedly lost $350 million last season, making them the team with the highest financial deficit among all MLB clubs, according to a recent article by Bob Nightengale. He further revealed that total league losses across all clubs approached $2 billion.
āMLB has privately told owners that teams lost $1.8 billion last year, led by the New York Mets with about $350 million in losses but, of course, thatās paper money. It doesnāt reveal the financial growth in franchise value, record revenues, or that their owner is worth $21 billion,ā Nightengale wrote in his USA Today article.
The specific breakdown of the Metsā financial losses is unknown, but high salaries are considered the primary culprit. It is a staggering sum for a team that has not won a World Series since 1986 and whose last appearance in the Fall Classic came in a 2015 loss to the Royals.
High salaries blamed for Metsā deficit
According to information revealed by Forbes, one of the Metsā main financial drains is their payroll. The club pays $342 million per season to its players, a figure from 2025 that makes it the second-highest spending team in salaries. Thus, nearly all of the $350 million in losses can be attributed to player compensation.
Cohen shaking hands with Juan Soto (Photo by Al Bello/Getty Images)
This is not the first time the Mets have faced such financial challenges. In the last decade of the 20th century, severe salary problems were already being reported, such as in 1992, when they had a $45 million payroll but still failed to reach the World Series.
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While other teams are experiencing financial difficulties, none appear to be as severe as the Metsā. Although the full list of troubled teams is unknown, the sheer scale of the Metsā losses makes the prospect of reviewing the rest of that list a daunting thought.
