- Will TCU See The "Flutie Effect?"
- NBA D-League On The Rise
- Weis' Deal Likely Won't Change Big Money Contracts
- Time Lapse World Series Is A Great Play
- Boise State Stock Plan: An Early Success
- Dollar Signs Seen In Young "Buck" Jennings
- Iverson Wasn't A Popular "Answer"
- My Top 10 Marketing Ideas For Winless Nets
- Airlines Add 'Super Bowl' Tax
- Chicken Wing Finder Makes Debut
RSS FEED
MOST SHARED
- S&P Stocks Trading at New 52-Week Highs
- Judge Erases Couple's $525,000 Mortgage Payment
- Where Do Pardoned Turkeys Go?
- The Executive Job Search
- Garlic Price Rises Surpass Gold, Stocks in China
- New-Home Sales Jump 6.2% To Highest Level in Over Year
- US Plans to Reduce Emissions By 17% Within Next Ten Years
- Salvation Army's Kettles Now Credit Card-Ready
- Activision Prepares to Double Dip on ‘Modern Warfare 2’
- US Mint to Suspend American Eagle Gold 1-Ounce Coins
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Revenge of the Gangsta Nerds
- Will TCU See The "Flutie Effect?"
- Retail Earnings and Sales to Improve in Q4: Analyst
- Consumers Catching the Holiday Spirit
- It's Beginning To Look A Lot More Riskless
- Crescenzi: Claims Level Suggests End to Job Losses
- Hedge Funds Take Early Lead in Warren Buffett's 'Big Bet'
- AIG, Ex-CEO Greenberg Reach Pact to Settle Disputes
- Bank of America CEO Search May Extend Into 2010
- Steepest Black Friday Discounts, Revealed
- 'Cancer of Fraud' Permeates Health Care System: Critics
- US Mint to Suspend American Eagle Gold 1-Ounce Coins
- Judge Erases Couple's $525,000 Mortgage Payment
- For Many in US, It Will Be a Scaled-Down Holiday Season
- Where Do Pardoned Turkeys Go?
- Jobless Claims Below 500,000, Durable Orders Slip
Sports Biz
![]() |
AP |
After the New York Yankees signed C.C. Sabathia, A.J. Burnett and Mark Teixeira this offseason, Attanasio said that he wasn't sure anyone could compete with them.
I understand that Mr. Attanasio might be frustrated by the fact that he doesn't think he can sign the players the Yankees have signed, but he's really misguided if he's going to try to use the competitive angle.
The last time I looked at the record books, the New York Yankees had what was always classified as outrageous payrolls and my "research" has confirmed that the Yankees haven't won a championship since 2000.
Readers of this blog know I define parity as the number of the teams that have won the championship over a certain period of time. Do I have to run the 15-year list again for Attanasio? As you can see, there's no relation here between salary caps and competitive balance. Over the last 15 years, baseball has more winners than two "capped" sports and only one fewer winner than the hardest of the capped sports.
(FYI: The NHL, NFL and NBA all have salary caps.)
Here's the list.
NFL (11 winners): Giants, Colts, Steelers, Patriots, Buccaneers, Ravens, Rams, Broncos, Packers, Cowboys and 49ers.
MLB (10 winners): Phillies, Red Sox, Cardinals, Marlins, Angels, White Sox, Diamondbacks, Yankees, Braves and Blue Jays.
NHL (9 winners): Red Wings, Ducks, Hurricanes, Lightning, Devils, Avalanche, Stars, Rangers and Canadiens.
NBA (7 winners): Celtics, Spurs, Heat, Pistons, Lakers, Bulls and Rockets.
The Yankees can make more mistakes with their money, but the idea that it somehow guarantees them a championship is completely ridiculous.
Questions? Comments?








