Big bucks for MLB megastars mean big team profits, but fewer wins
Wednesday, May 25, 2011 - 15:31
in Mathematics & Economics
ANN ARBOR, Mich.---Spending top dollar for megastar players like Miguel Cabrera and Alex Rodriguez helps Major League Baseball teams attract fans and earn higher profits, but clubs that spend the bulk of their player payroll on a couple of superstars ultimately win fewer games, a University of Michigan study shows.