Money Can’t Buy Happiness, But What About Championships?

AAA

Can Money Buy The World Series?

Much has been made about this year's World Series champions, the New York Yankees, and their astronomical payroll. Many critics point to the estimated $208 million dollars the Yankees spent in player salaries in 2009, and claim that the Bronx Bombers simply "bought" the World Series championship. While it's true the Yankees far outspent any of their opponents this past season, it's hard to argue with the results: they are baseball's best in 2009. But the Yankees' payroll is a point of contention among baseball fans and writers this season, so we've decided to take a look at this past decade's World Series champions, and analyze whether big bucks were the primary reason for their success.
  1. No results found.
Related Articles
  1. Insights

    The Economics Of Postseason Baseball

    Find out how big league baseball divvies up the extra revenue that comes from postseason games.
  2. Small Business

    How Major League Baseball Makes Money

    Major League Baseball is big business. Let's take a look at where the money comes from.
  3. Insights

    The 5 Most Valuable Major League Baseball Teams

    NY Yankees rule the roost despite declining attendance
  4. Insights

    Top 10 Most Valuable Sports Teams in 2015

    Cleats, pads and profits: we take a look at the top 10 most valuable sports teams in the world.
  5. Insights

    Pro Sports Unions: Do They Help Or Hurt?

    Unions have helped athletes land multi-million dollar contracts, but how do they affect the fans?
  6. Insights

    A History Of Baseball Economics

    A look at baseball from semi professional to its rise as a moneymaking business.
  7. Managing Wealth

    Top 7 Pro Athlete Contracts

    The one thing that top athletes aren't is underpaid - these seven contracts had heads turning.
  8. Personal Finance

    Sports With Winning Bonuses

    Whether professional athletes play for the love of the game or a nice payday, one thing is for certain: victory pays.
  9. Investing

    Baseball and Investing: How to Win at Both

    The paths to winning big in baseball and winning big in investing are very similar.
  10. Managing Wealth

    The 5 Most Expensive Stadiums In The World

    These cities and franchise owners spared no expense to build world-class stadiums, but not every investment paid off as originally planned.
Hot Definitions
  1. Risk-Return Tradeoff

    The principle that potential return rises with an increase in risk. Low levels of uncertainty (low-risk) are associated with ...
  2. Racketeering

    A fraudulent service built to serve a problem that wouldn't otherwise exist without the influence of the enterprise offering ...
  3. Aggregate Demand

    The total amount of goods and services demanded in the economy at a given overall price level and in a given time period.
  4. Fixed Cost

    A cost that does not change with an increase or decrease in the amount of goods or services produced. Fixed costs are expenses ...
  5. Blue Chip

    A blue chip is a nationally recognized, well-established, and financially sound company.
  6. Payback Period

    The length of time required to recover the cost of an investment. The payback period of a given investment or project is ...
Trading Center