"Does Money Buy Championships?"

From Concordia University St. Paul - Online

Review by Jenny Hansberry in KIN 332 (section 2)

I came across this article and found it to be an interesting topic to bring up in class. Growing up an avid Philadelphia Phillies fan, I certainly had my opinion about the New York Yankees and how they spend their organization’s money. I have always thought that the Yankees “buy their championships”, and it would be ridiculous if they did not win the World Series every year since they buy the top players. However, after this article, I realize that money does not always guarantee a ring at the end of the season. 

One of the most interesting statistics I found from this article was that the MLB has more of a diverse result in championships than any other professional sport. I was surprised because I would think that since there is no salary cap in the MLB and wealthy organizations can get whichever players they want that they would have the same teams winning over and over again. Since this is not the case, it is hard to understand exactly why some teams spend such an immense amount of money every year. From a marketing standpoint, the teams who have more money within the organization for players, coaches, staff, the stadium, fans, etc. are also bringing in more money on a game to game basis. Tradition and history ensure teams such as the Yankees or Phillies to never have to worry about not having the fans behind them to make a profit every season.

Another reason why I thought this article was interesting is because the teams, especially in baseball, that are being focused on as the teams that spend the most are not currently playing anymore. This World Series is the Tigers and Giants, neither are which spoken about in this article. Therefore, it brings up tremendous marketing opportunities to help build up their teams to maybe one day become as historic as some other teams in the league.