How Much Does Payroll Matter?
This article was originally published on WahooBlues.com.
Everyone knows that money matters in baseball. I’m a Cleveland fan, so you don’t need to convince me that my small-market Indians are at an unfair disadvantage when competing against teams like the Yankees and the Bank of Steinbrenner (in the immortal words of Ken Tremendous, “It’s like Scrooge McDuck’s gold coin-filled pool”). There’s no question that franchises with the financial flexibility to retain their stars, import new ones, and remain contenders even when their well-paid players bust have a leg-up from the get-go.
But we all know that money isn’t everything. Omar Minaya and the New York Mets gave us a years-long crash course in what happens large payrolls are spent poorly. Meanwhile, plenty of underfunded teams have had success, including last year’s Rangers and the Rays of both 2008 and 2010. Check my facts on this, but I’m pretty sure one or two low-budget Oakland A’s teams have had some mild success in the past too.