You pay more, you get a better ball club, right? Not necessarily. See this year’s Florida Marlins, a team whose record compares quite favorably to clubs paying much, much higher salaries. Some stats have also come to light indicating that paying top dollar for pitching staffs can be a waste of money.
The WSJ analyzes the data and comes to the conclusion:
Teams that are paying high prices for proven closers are not getting any better production overall than teams that are paying peanuts for their relief ace.
Perhaps, in an apocalyptic sign, baseball owners may scale back pro salaries? There are even some indications that the Yankees (!) are watching their wallets.