Some baseball economics: According to ESPN, the Yankees total 2009 salary was $208 million. The Twins’ was $68 million. So NY paid $227K for every run they scored this year (915) and over $2M per win (103). Twins paid $83K per run (817) and $777K per win (87). Not like these numbers are a big surprise, but I guess it remains to be seen who got the better deal.
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13 Reader Comments
9:14 am
Well, in spite of all that money spent, the boys in pinstripes haven’t won the Series in nearly a decade.
9:22 am
2000 • 1999 • 1998 • 1996
1978 • 1977 • 1962 • 1961
1958 • 1956 • 1953 • 1952
1951 • 1950 • 1949 • 1947
1943 • 1941 • 1939 • 1938
1937 • 1936 • 1932 • 1928
1927 • 1923
9:23 am
1991 • 1987 • 1924
9:24 am
Now I am no mathematician but I think I can do the math here.
9:25 am
Hey, if I wanted ancient relics, I’d call Indiana Jones. If you can’t win the big one with a cherry picked All-Star club, that throw another manager under the bus!
9:28 am
That’s right, George, fire Girardi. Do it now, today!
9:36 am
like i said to some yankee fans last night, since 2002, the yankees have spent a whole BILLION dollars more to win ONE more division title.
granted, they’ve won the world series recently, but still.
9:50 am
@ryanl: Pre-free agency, and certainly pre-TV, ball club payrolls were a bit more equitable between teams than now. ‘Course, a deep-pocketed owner (e.g. Colonel Rupert) in the ol’ days could still outspend a miser (e.g. Clark Griffith) and the results were still pretty much the same as today.
10:15 am
This is as relevant as the fact that a $10 pair of Rustlers from Wal-Mart is pretty much the same as $200 7 for All Mankind designer denim from Len Druskin.
Yankees fans expect a postseason. Twins fans hope for one. The high end always has diminishing returns, like a Weber’s Law of economics.
10:30 am
From Citypages 10 reasons to hate the Yankees:
“Who are you going to have your kid look up to? This juicer ["A-Rod"]? Or Joe Mauer, who’s powered by 2% milk. ”
Haha. Win.
10:40 am
2% FTW
11:28 am
Not last night.
4:38 pm
holy hell a trackback…I forgot all about the fact that this was a blog.