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The stratification of wealth between Major League Baseball teams is reaching endemic proportions. For the amount he spent on the Yankees two years ago, George Steinbrenner could have paid the Florida Marlins’ players nine times over and still had enough left to buy himself a nice yacht. The obvious solution is the implementation of a payroll cap like those used by the NBA and NFL. But fans who bemoan the monetization of the game are still happy to give spendthrift teams healthy returns on their investments, and the slow reflexes of the MLBPA and the Commissioner’s Office make it unlikely that such a plan will be implemented anytime soon. I singled out Florida because they are an interesting team to look at from a financial standpoint. In addition to coming in dead last in payro ...

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Article written by Lewie Pollis