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Baseball season is here, and with it come a lot of exciting games and players to watch. But one topic that always sparks conversation is team payrolls. Who is spending the most money on their players? Who is being frugal? Thanks to some data released by MLB, we can take a look at the highest opening day payrolls from 1988 to 2019, and the results might surprise you!
As expected, the teams with the biggest markets and the most success tend to have the highest opening day payrolls. The New York Yankees, for example, have held the top spot for many of those years, and in 2019, they spent a whopping $206,333,389 on their players. That's a lot of zeros.
But it's not just the big market teams that are spending. Small market teams like the Kansas City Royals and the Minnesota Twins have also had years where they ranked in the top ten in payroll. And while it might seem like a disadvantage to not have the resources of a big market team, these smaller teams often have to be more strategic with their money and can find valuable assets in lesser-known players.
The data also shows some interesting trends over the years. In the 90s, the Yankees and the Baltimore Orioles dominated the top spots, with the Orioles spending over $70 million in 1998. But as we move into the 2000s, the Boston Red Sox and the Los Angeles Dodgers start to make their way into the top ten, and in 2005, the Red Sox took the top spot with a payroll of $123,505,125.
One thing that is clear from this data is that spending money does not always equal success. While the Yankees have had their fair share of championships, other big spenders like the Los Angeles Angels and the Texas Rangers have not had as much success on the field. And while it might seem like a team with a smaller payroll is at a disadvantage, the Oakland Athletics have consistently found ways to compete despite being near the bottom in payroll year after year.
So as we gear up for the start of the 2021 season, it will be interesting to see how the rankings shake out this year. Will the Yankees hold onto their top spot? Will a smaller market team surprise us all? Only time will tell, but it's sure to be an exciting season full of ups and downs.
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