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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

Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.

Language

EN

File Format

application/pdf

Included in

Economics Commons

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