Building a Winning Culture: The Syracuse Mets' Journey to Success
The Syracuse Mets, a minor league baseball team, were purchased by the New York Mets in 2017 for approximately $18 million.
The team was previously owned by the Community Baseball Club of Central New York, a community-owned club with thousands of shareholders.
Shares in the club have been sold since 1961, with a resale value of approximately $126 in 2011.
The team has faced financial difficulties, operating at a loss since 2006, except for a profitable 2010 season.
The team plays their home games at NBT Bank Stadium in Syracuse.
The Chiefs have won the International League's Governors' Cup, the league championship, eight times.
The COVID-19 pandemic had a significant impact on the team's finances, resulting in substantial losses.
NBT Bank Stadium serves as the venue for all of the team's home games.
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