Document Type
Article
Abstract
I examine the connection between Major League Baseball (MLB) team payrolls and team success. Previous studies attempted to quantify the effect that increased spending has on success. In 2000 MLB commissioned a study of competitive balance. The Blue Ribbon Panel concluded that MLB had lost its competitive balance and measures were needed to save “America’s pastime.” Since 2000 new data has become available. I have used the new data to update the Blue Ribbon Panel’s study. I show that the dominance of the high-spending teams in the 1990s did not continue, and that competitive balance exists in MLB.
Publication Date
Spring 2010
Journal Title
Major Themes in Economics
Volume
12
Issue
1
First Page
71
Last Page
88
Copyright
©2010 by Major Themes in Economics
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Language
en
File Format
application/pdf
Recommended Citation
Veach, Tyler
(2010)
"Competitive Balance and Team Payroll: The Case of Major League Baseball,"
Major Themes in Economics, 12, 71-88.
Available at:
https://scholarworks.uni.edu/mtie/vol12/iss1/6