Originally Posted by OX1947
9 different teams in 14 seasons. No back to back titles. Baseball's "competitive advantage" is a fallacy. As a matter of fact, since the Yankees started buying players, they havent been as successful as they were in the late 90s. And Boston sold off all their high priced guys to the Dodgers two years ago and they won the title this year.
I am a big supporter of the free market. I also do not like not having the chance at building a long sustaining dynasty when you have that once in a lifetime chance.
You are going to get a small market team in the playoffs from time to time in baseball but you are not going to get a small market dynasty because the small market team cannot retain its players and run up multiple playoff appearances - a small market team may get on a roll for one year but that is about it because it is more difficult for the small market team to run the gauntlet of the regular season to get to the playoffs - the Pirates have some great young players - let's see how many end up in Boston, New York or LA
Someone did the math
The regression analyses of the four periods confirm our hypothesis that team payroll has significantly impacted regular season success in the free agent era. The ability to purchase talent on an open market and a six month, 162 game season diminish the random elements of professional competition, leading to the expected effects of team payroll on regular season winning percentage.
Two teams have won 3 or more World Series since the mid-1990s - the Red Sox and the Yankees
Multiple winners in that period have been Giants and Cardinals
All 4 teams are in the top 10 for payroll
Money still matters
Baseball's final four has for years been heavily comprised of teams that are among the league's financial elite. Since the Rays made their stunning run to the World Series in 2008 with a payroll that ranked 29th, just one similarly tightfisted team has even reached the LCS: the 2010 Rangers, who ranked 26th. That Texas team, though, was driven by a cadre of maturing players who were on the cusp of demanding wages that far exceeded what they were then earning, and whose demands the Rangers were largely able to meet.