Does More Money Affect a Baseball Team’s Success?

Does More Money Affect a Baseball Team’s Success?

By Boston University A team can spend hundreds of millions of dollars grabbing the biggest stars in an attempt to buy glory—and still fall short (sorry, New York Mets). Another team with a much smaller payroll, like the Cleveland Guardians, might try to develop the hottest prospects to top the standings. But how much does budget influence a team’s performance? Boston University finance expert—and baseball fan—Mark Williams wanted to look at that…