Wednesday, November 2, 2022

Payroll Vs. Wins: Cleveland Is Champ

 Two big stories this year in measuring MLB payroll versus victories:

The low-budget Cleveland Baseball Team, aka the Guardians, had a stellar year, winning their division and getting to the second round of the playoffs for an ultra-cheap $892,000 cost per win during the regular season.

 Still, after the Guardians were gone, the post-season has been dominated by some of the biggest payrolls: The Phillies may be a wild card team, but they had the fourth biggest payroll in baseball, at $255 million, outspent only by the Mets, Dodgers and Damn Yankees.

The Phillies spent an astonishing, MLB-leading $2.92 million per regular-season victory. The Yankees weren’t far behind, shelling out $2.67 million per victory, just ahead of the Padres at $2.65 million.

In fact, of the four finalists for the pennants, the lowest-budget team was the Astros, the only one with a payroll of under $200 million. They spent $1.82 million per victory.

This is the fifth year that I have measured payrolls/victories, using the Spotrac website for payroll, which includes players being paid but not playing.

This year’s leader was the Baltimore Orioles, with a rock-bottom payroll of $64.8 million and 83 victories for a cost of $780,000 per victory.  They were in contention for much of the year, despite being in the same division as the Yankees, Rays and Bluejays – all of which made the playoffs.

Contrast the Orioles with the Red Sox, also in the AL East. They had almost four times the payroll -- $223.2 million. They finished with 78 victories for a cost of $2.86 million per win.

                                  High-Performing Rays

For the four previous years I’ve measured, the Rays have generally dominated my stats. They have spent a paltry $657,000 to $760,000 per victory – while getting to the playoffs all but once. Ironically, Tampa Bay upped its payroll a bit this year, to $104 million. They spent $1.2 million per victory this year – huge by Rays’ standards – but lost to the lower-budget Guardians in the first round of the playoffs.

At the opposite end of the spectrum are teams that have stunning payrolls – and don’t get anywhere near the playoffs. The Red Sox and Angels are perennial leaders in that category. This year the Angels spent $2.64 million per victory. Other disasters were the Nats and White Sox, each spending $2.57 million per win without a playoff bid.

Then there were the Mets, with the highest payroll at $283 million. They got a whiff of playoff time for $2.8 million per win. The Dodgers had the second-highest payroll $275.6 million, but their MLB-leading 111 wins meant they spent “only” $2.48 million per win. Still, they got knocked out early by the Padres.

And those Damn Yankees. For years, they have been near the top of big spenders, both in terms of payroll and cost per win. Still, they haven’t won a World Series since 2009. This year, they had the third biggest payroll -- $264 million – and once again fell short.  

As for the Marlins, they upped their payroll by signing two high-priced (by Fish standards) outfielders, Avisail Garcia and Jorge Soler at $12 million each – and got little from them, even before they were injured. The Marlins’ $1.39 million per win was just about the same as the playoff-bound Mariners at $1.43.

Below are the stats for the regular season. After the World Series, I’m thinking of doing another computation, including post-season wins. Should those wins be valued more? I’m debating.

                                                                             PAYROLL     COST

                                                       WINS            MILLIONS    PER VICTORY 

                                                                                                      MILLIONS                                                                                                     

Baltimore

83

64.8

  0.7807229

1

Cleveland

92

82.1

0.8923913

2

Oakland As

60

61

1.0166667

3

TB Rays

86

104.3

1.2127907

4

Pittsburgh Pirates

62

85.1

1.3725806

5

Marlins

69

96.3

1.3956522

6

Seattle Mariners

90

128.7

1.43

7

Ariz Diamondbacks

74

106.3

1.4364865

8

KC Royals

65

105.3

1.62

9

Milwaukee Brewers

86

142.7

1.6593023

10

Houston Astros

106

192.9

1.8198113

11

St. Louis Cards

93

170.1

1.8290323

12

Atlanta Braves

101

200.1

1.9811881

13

Minn

78

159

2.0384615

14

Toronto Blue Jays

92

188.9

2.0532609

15

Cincy Reds

62

127.4

2.0548387

16

SF Giants

81

168.2

2.0765432

17

Chi Cubs

74

166.1

2.2445946

18

Detroit Tigers

66

150

2.2727273

19

Colorado Rockies

68

158.9

2.3367647

20

Texas Rangers

68

161.3

2.3720588

21

LA Dodgers

111

275.6

2.4828829

22

Chi White Sox

81

208.3

2.5716049

23

Washington Nats

55

141.5

2.5727273

24

LA Angels

73

192.9

2.6424658

25

San Diego Padres

89

236.7

2.6595506

26

NY Yankees

99

264.9

2.6757576

27

NY Mets

101

282.7

2.7990099

28

Boston Red Sox

78

223.2

2.8615385

29

Phila Phillies

87

255.1

2.9321839

30

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