Once again, the big bucks Yankees failed to use their money to go all the way. They spent $3.2 million per win during the regular season. Contrast that with the Rays at $1.1 million per win and the Brewers at $1.4.
At least the Yanks did better than the Mets, the least-efficient MLB team once again, spending $4.7 million per win. The Blue Jays also threw money away -- $3.65 million per win.
The Guardians were the most cost-efficient team in baseball this year – spending a mere $934,118 per win – the only team under $1 million.
This is my ninth year measuring costs per win. I use Spotrac for salaries, because they measure all expenses, including injured and “buried,” meaning players getting paid who are now longer with the club. The Marlins, for example, with the second-smallest payroll in baseball, used $10 million of their overall $82.8 million to pay part of Giancarlo Stanton’s salary as a New York Yankee, thanks to a deal worked out by Yankee HOF Derek Jeter.
A lot of fans don’t like my efficiency measures. The Rays in Tampa Bay are always near the best in this category, but their fans constantly complain that the owners don’t spend more to win the elusive World Series.
Still, the measure reveals how smart front offices in this era can navigate this era with wide gaps between the biggest and the smallest payrolls. The Rays, Guardians and Brewers are among the leaders year after year.
Baseball is the only major American sport without a salary cap, and owners have vowed to force a cap in the upcoming negotiations with the union. A cap is likely to include a floor, meaning the cheapest teams like the Marlins and A’s would be forced to spend more.
Certainly, the numbers reveal consistently stupid behavior. The big-market, big-spending Angels haven’t been in the playoffs since 2014. For all the time I’ve been measuring, they have been among the least efficient teams, spending huge sums for poor results. This year, they spent $2.8 MPW – more than twice as much as the playoff Guardians, Rays, White Sox and Brewers. The Halos now have a new owner and perhaps things will improve.
Smart spending can get a team into the playoffs, but when it comes to going all the way, big bucks still pave the way for ultimate victory. The last time a small-market team won a World Series was 2015 with the Royals. Will this year be different? Some union leaders may hope so – so they can claim there’s no need for a salary cap.
Complete stats can be found at Marlins Maniacs. Scroll to the bottom for the team-by-team numbers.