- Peter Keating, ESPN Senior Writer
AS A METS FAN, it's bad enough that I have to watch my team struggle year after year (after year). But I also have to endure the bleating of their huge-spending-yet-never-satisfied crosstown rivals. My guys can't find a few dimes under the couch for Stephen Drew, and I have to listen to Yankees nuts worry that after signing Carlos Beltran, Jacoby Ellsbury, Brian McCann and Masahiro Tanaka, their lineup might still have ... a couple of holes. My angst is echoed by fans all over. Baseball is a sport with no salary cap, the argument goes, so it's too easy for big-money teams to throw around their cash. Watch the Yankees, Dodgers and Angels and you get the feeling they can buy as many wins as they want.
But they can't. At least not anymore.
In ESPN The Magazine's MLB Preview Issue, Peter Keating writes that the Yankees and other big-money MLB teams are spending more than ever. So why are they getting less and less bang for the buck?