Heath Ledger is dead, the earth is round, and Lindsay Lohan is a crackhead; three fairly obvious statements. Let’s add another to that group; the Yankees have the highest payroll in the MLB.
Numbers were released yesterday, and the Yankees payroll will top $218 million this season. The Red Sox come in a distant second, and are on track to spend $155 million. Then it’s the Dodgers, Mets, and Cubs. So where do the lonely Blue Jays place? Well, good old Teddy Rogers’ pocketbook for the Jays this season is a mere $95 million, good enough for 15th place in the spending spree.
This is both good AND bad news. Good, in that you can’t necessarily BUY a winning team in the MLB. Bad, in that that you can’t spend nothing and expect to do well (cough, cough Devil Rays). I agree that it’s unfair that the Yankees get to sign whoever the hell they want, and give them as much money as they possibly can; but until there’s a salary cap, it’s not going to change anytime soon. It seems like in order to establish a good franchise, you have to be in the middle of the pack when it comes to spending, but also have a great farm system to develop young talent that can pay off in the future.