You pay more, you get a better ball club, right? Not necessarily. See this year’s Florida Marlins, a team whose record compares quite favorably to clubs paying much, much higher salaries. Some stats have also come to light indicating that paying top dollar for pitching staffs can be a waste of money.
My very amateurish work as a statistician turned out to be pretty on the money, if I do say so. A few weeks ago, at the Major League Baseball All-Star Break, I took a look at which teams paid proportionally the least—and the most—for their wins. Seeing as cheapskates are always concerned with value and [...]
In Major League Baseball, where team payrolls can vary enormously, the payroll-dollars-to-team-wins ratio can be dramatically, appallingly different. Since The Cheapskate Blog is all about getting the best value, I thought the midseason All-Star break was a good time to look at which teams are and aren’t getting the most bang (i.e., wins) for their payroll bucks.
