A Relationship Between Salaries and WinningMajor League Baseball is a sport that is adorned by many fans all over the globe. It is a league that consists of 30 Major League teams, with each team needing time and money to recruit the best players for each of the franchises to ultimately produce the most wins in a season. Each team wants to recruit players to build a winning team and be able to win the World Series, but at what cost? The dilemma with most, if not all, teams is do they have to spend more money in salaries to win more games.
The goal of major league baseball teams is to be the best in the league by winning the most games each year. The problem with some teams is that they are not willing to pay the salaries that are required to attract the talent that is needed to win games.
Some teams seem to believe that they can make more money by keeping the salaries low, but the teams that win fill the stands and sell more merchandise thus increasing their profits. The objective of this study is determine whether there is a relationship between the annual salaries paid to players and the number of games a major league baseball team wins each season.
The problem that exists is that every baseball organization and the fans of the team want to see their team win the most games in a season, but there seems to be a relationship between the annual salaries and the number of games won. This study is intended to show that if the baseball organizations wish to attract the needed talent that is required to win, they need to be willing to raise their spending cap and increase the salaries they are...