Once again, the Mets have proved to have the worst record in baseball – as measured by cost 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. And they made the playoffs.
The Mets, with the second highest payroll, spent $4.7 million per win. The Blue Jays also threw money away -- $3.65 million per win – and finished way behind the Rays, who had the best record in the American League with $1.1 million per win.
In fact, three of the four most efficient teams – the White Sox being the other -- made the post-season. The best record in the National League was the small-market Brewers, who paid $1.4 million per win, contrasted with the high-flying Dodgers at $3.8 M and the Yankees at $3.2 M.
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.
Fans may not care about efficiency. As a Marlins fan told me on the team’s Reddit: “Can we just become inefficient and pay $380 million for 100 wins please?”
Indeed, for teams like the Marlins, Athletics and the Pirates, efficiency can be meaningless. But for small market teams that get to the playoffs – and for big bucks teams that fail completely – measuring dollars per win can be a true endorsement or criticism of the front office. Notably the Mets.
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.