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Bernie Show: DeWitt is going back to "Moneyball."
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In today's video, I start off by looking at the Yankees-Dodgers World Series and the predictable narrative about how the matchup proves that only the big-money teams can thrive in major-league baseball. It's simply not true. Since the start of 2002, we've seen 14 different MLB teams win at least one World Series. And over the same time period, 21 of the 30 franchises have captured at least one league pennant.
Having enormous financial resources can be an advantage, but it isn't as simple as it sounds. The Yankees and Dodgers spend immense sums of money on payroll, but can't buy a "dynasty." The Dodgers haven't won a World Series in a full and normal season since 1988. Until this year, the Yankees hadn't appeared in a World Series since 2009. We've seen too many big-spending teams flop ... and we've seen a lot of lower-payroll teams do well.
Over the previous seven World Series coming into this one, 7 of the 14 participants have been ranked in the bottom half of the MLB payroll rankings. And since 1995, this will be only the second World Series matchup that pits two top-five payroll teams.
What does this have to do with the Cardinals? Plenty. The Cardinals will finally get back to the most effective formula of "Moneyball," and that's important. Stupidly squandering money accomplishes nothing. I explain it all in my video
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