"A lot of money has been spent in Detroit over the last decade, but it has yet to buy a World Series championship. It has, however, bought two trips to the World Series and two AL Central titles. Mike Ilitch's millions have not been wasted" - Zachary Rymer, Bleacher Report Analyst
On the other hand, small-market teams have mostly losing seasons because of their low payroll but exceptions have occurred at a more substantial rate since the introduction of sabermetrics: the mathematical analysis of baseball. Teams that do spend less commonly place in the bottom of their division and often do not achieve the postseason.
“It’s also not surprising that the Padres have been consistently bad for the past few years – they hardly spend a dime” - Editor of All Sports Talk .net
Another nonmonetary factor in baseball is performance drop. Players can experience a drop in performance for various reasons: nagging injuries, new ballparks, or off-field issues. One example of this is Albert Pujols in the beginning of 2012. Pujols was bought by the Angels before the start of the season and had rarely played in that stadium before. Normally an MVP candidate, Pujols played extremely poorly in the first half of the season while he was adjusting to the new ballpark. That was one of the reasons why the Angels barely missed the playoffs. No amount of money can fix a slump and proves that even though “The dollars were there…some of the players making the big bucks failed to pull their weight” - Zachary Rymer, Bleacher Report Analyst.
“For all this money, the Cubs won two NL Central titles in 2007 and 2008 and have crashed and burned in the years since” - Zachary Rymer, Bleacher Report Analyst
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