In mid-May, the baseball season is far, far from over, but we’ve also logged enough games to have a sense of which teams are competitive and which teams are not. This season in particular there are several ball clubs that stand out because they are not competitive. Specifically, the Dodgers, the Angels and the Blue Jays are struggling to win, after entering the season with high expectations. The teams are 14-21, 14-22 and 14-24 respectively. Of the three, the Dodgers stand out as the most egregious failures. Only the Yankees will spend more this season. A team doesn’t take its payroll above $200 million to finish last. The Angels are only moderately better. Over the past two seasons they’ve added Albert Pujols and Josh Hamilton at exorbitant cost only to watch them struggle. Of the three the Blue Jays aren’t quite as profligate spenders, but they too made some ill-advised, splashy moves this offseason only to watch them backfire.
The big surprise is that these mistakes have been made at all. At this juncture of the game, Baseball has already seen just about every financial mistake a team can make. The Alex Rodriguez contract should have been a warning not to sign Albert Pujols to a mega-mega-deal when he was clearly in decline. Jose Reyes‘ own history of injuries should have been a warning not to trade for him. The entire history of the players the Dodgers added should have been warning not make those moves. Despite this, these teams went ahead and made these moves anyway, confusing splashy moves for smart moves.
(click “view full post” to read more) Continue reading It takes more than just money