Descriptive Statistics
Descriptive Statistics
One of the most beloved sports in America is Major League
Baseball. This professional sport spends billions of dollars each year enhancing the chances to reach the ultimate goal in winning the World
Series. Major League Baseball is one of the few remaining sports that have an uneven balance in the franchise wage capacity to acquire top talented players. The areas of concentration in this research paper will be player salaries, winning percentage, player performance, and salary caps. The disparity in payroll numbers among the lowest and highest-market capitalizations brings about the question; Can a small-market team be viable and compete against the marquee players? The data examined here may or may not illustrate a relationship between payroll dollars and wins. The question arises if Major League Baseball (MLB) owners can guarantee wins by spending more money. A lack of a clear relationship between wins and salary indicates that wins are simply the result of having exceptional athletic performance by a given player in a particular year.
There have been several research studies over the question if baseball salaries and wins are connected in some way. The Honest hypocrite for example, stated “A players pay is by no means an indicator of his performance.†There have been teams that have ranked fairly high in the standings but are consistently one of the lower spending teams.
Teams that focus on ways to save money use young inexpensive players to keep the franchise expenses down. The objective is to use these players with little experience at a fairly low market rate. Salaries will never be an exchange for wins.
According to the article, baseball can’t buy me wins by Mark Hyman several successful teams have been some of the most lavish spenders but have never qualified for post season playoffs. MLB players have proven that some of the most successful teams on the baseball field are not the
richest
One of the most beloved sports in America is Major League
Baseball. This professional sport spends billions of dollars each year enhancing the chances to reach the ultimate goal in winning the World
Series. Major League Baseball is one of the few remaining sports that have an uneven balance in the franchise wage capacity to acquire top talented players. The areas of concentration in this research paper will be player salaries, winning percentage, player performance, and salary caps. The disparity in payroll numbers among the lowest and highest-market capitalizations brings about the question; Can a small-market team be viable and compete against the marquee players? The data examined here may or may not illustrate a relationship between payroll dollars and wins. The question arises if Major League Baseball (MLB) owners can guarantee wins by spending more money. A lack of a clear relationship between wins and salary indicates that wins are simply the result of having exceptional athletic performance by a given player in a particular year.
There have been several research studies over the question if baseball salaries and wins are connected in some way. The Honest hypocrite for example, stated “A players pay is by no means an indicator of his performance.†There have been teams that have ranked fairly high in the standings but are consistently one of the lower spending teams.
Teams that focus on ways to save money use young inexpensive players to keep the franchise expenses down. The objective is to use these players with little experience at a fairly low market rate. Salaries will never be an exchange for wins.
According to the article, baseball can’t buy me wins by Mark Hyman several successful teams have been some of the most lavish spenders but have never qualified for post season playoffs. MLB players have proven that some of the most successful teams on the baseball field are not the
richest
References: Baseball Almanac (2005) Baseball Almanac – Year in Review: Year-by-Year Baseball History Retrieved December 22, 2007 from HYPERLINK "http://www.baseball-almanac.com/yearmenu.shtml" http://www.baseball-almanac.com/yearmenu.shtml Bloom, Barry (2002) The Official Site of the Major League Baseball: Retrieved December 21, 2007 from HYPERLINK CBSSports (2007, December 20). CBSSports MLB: MLB Salaries. Team Payrolls Retrieved December 21, 2007, from HYPERLINK "http://www.sportsline.com/mlb/salaries" http://www.sportsline.com/mlb/salaries deMause, Neil (2006) Does Baseball need a salary cap? ESPN Page 2 Retrieved December 21, 2007 from HYPERLINK Fry, Ben (2005) Salary vs. Performance for American baseball teams over the season, retrieved December 22, 2007 from HYPERLINK "http://benfry.com/salaryper/index.html" Retrieved December 22, 2007, from EbscoHost Academic Search Premier Database. Nightinale, B. (2007, December). Baseball have-nots make use of payroll flexibility Today, Page 01c. Retrieved December 21, 2007 from EbscoHost Academic Search Premier Database Powers, S. (2006, October). Sacks of cash. Business 2.0, (7)9. Retrieved December 22, 2007, Sherson, Brian (2005) WebQuery: Baseball Salaries and Winning retrieved December 22, 2007 Silver, Nate (2007, October 31). The wins budget, the dodgers, and A-Rod December 21, 2007, from Baseball Prospectus Web site: HYPERLINK "http://www.baseballprospectus.com/unfiltered/index.php?s=payroll+budget Smith Jr., Paul (2007) Gazizza: Baseball Payrolls and Wins retrieved December 22, 2007 from