This was no “victory” as the result of astute management skills but simply the end result of the single most gluttonous expenditure excess of the free agent era. An expenditure of $420,000,000 for three players whose combined yearly salary exceeds the payroll of many teams shows the inequities that exist in the current system. The reality is that no other team in the playoffs could have done this. Some may not have been able to sign any one of the three.
With NY we are not discussing figures that have other teams close or - pardon the pun - in the same ballpark. The discrepancies are huge percentage wise and also growth wise. NY is far from “build out” while other teams are approaching it. Other teams could certainly do what NY did if they could. The reality is they can’t - not the Red Sox. Not The Dodgers. No one else can approach the revenue stream to match NY.
When you consider payroll as a percentage of revenue there is nothing exceptionally unusual about what NY spends until you examine the extent of those revenues. The research on payroll and revenue is available with a simple search and I and others have posted it many times. Can Pittsburgh, Kansas City or Cleveland compete at a consistently high level in that type of economic marketplace? Can those teams afford the FA mistake and still be competitive? Occasionally a team will rise to the top but it will be short term since it is extremely difficult to maintain a high level of performance without a high level of revenue. The sustainability just is not there.
Now occasionally a team will make a short term burst and attempt to “buy” a championship which I believe Arizona and Miami did recently. Neither team had that financial sustainability so eventually fire sales resulted. You cannot spend more than you bring in without dire consequences.
Baseball teams are a franchise and like any other franchise they have competition among themselves and mutual collective interest. What is best for our business as a whole? In my opinion that collective interest is best protected by a hard cap. Let true management skill, coaching, astute use of FA talent and player development be the key ingredient and not the ability to overwhelm everyone with dollar signs. I guess to NY fans there is glory in the ability to have their team write a check. The sad thing is they can continue to do it on the same scale driving prices up for everyone until eventually only a few teams are viable.