Money In Major League Baseball

Decent Essays
“Take me out to the ballgame” is a song well known among baseball fans. Unfortunately, when it comes to money Major League Baseball is unfair. Rich teams can afford any player they desire, while poor teams have to invest in their rookies and young stars. Studies show that most stars go where the big money is. Money plays a large behind-the-scenes part in regards to the sport of baseball. So rich organizations have the upper hand. Certain star players command such high salaries that teams must alter their payroll distribution in order to sign them. The MLB needs a payroll cap because money differential between MLB teams makes affording and keeping players an unfair system.
A big contributor of how organizations earn money is the attendance of
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For example, majority of the teams who have won a title have been in a large market. “The year 2000 is significant because that was the year the New York Yankees won the third of three straight World Series titles. Not surprisingly, they were also baseball’s biggest spenders that year” (Rymer). A good reason why the Yankees can win a lot of titles is because they can afford great players. The Yankees have won 27 world series and on each of those teams there has been at least a hall of famer on the team. For example, when they won in 2000 for the third straight time they had future hall of famer Derek Jeter on their team. It can be hard for the small market teams to make a run at a title when they have to rebuild every year. “Among the most significant are what the Houston Astros and the Miami Marlins are doing. The Astros have cut their costs from over $60 million down to below $15 million. Similarly, the Marlins are going from over $100 million to about $38 million” (Rymer). These teams are doing this so they don’t have to rebuild every single year. “The Astros and Marlins are reminders that there are only a few teams in the league that can spend whatever they want and still be able to avoid having to rebuild”(Rymer). If small market teams could afford star players like teams like the Yankees can they would have a higher chance to win the World Series. If teams can afford good talent then it could lead to …show more content…
Usually the small-market teams have to invest in their teams more than the rest of the league. It is unfair when it comes to money differential because small market teams have to risk signing young players but some will get screwed over when they don’t pan out. “13 clubs have over $100 million committed for 2013, and there are only 2 clubs with less than $50 million committed. Money is huge in a sport like the MLB because they don’t have a cap. They can pay their players whatever they desire depending on what organization they play for. For example if the MLB set up their cap like the NBA the teams would be more even. “The Pirates ranked 25th in baseball in Opening Day payroll at 86.7 million, according to the Associated Press. The Pirates would be 34 million below an NBA-modeled cap floor” (Sawchik). That’s 52.7 million dollars less to spend on players. It would be tough to ever set it up like the NBA, mainly because the players are getting paid so much right now to ever switch. “Since the early 1990’s when the Cleveland Indians pioneered signing young stars to long term deals, hundreds of players began trading earning potential later in their careers for the security of guaranteed money” (Sawchik). Over the years team revenue has grown a lot and so has the average salary per player. “In 2002, the average salary for a MLB player was at a record high $4.2 million

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