As the 2013 season gets set to start in Major League Baseball, more so than ever, value is meaningful.
Luxury taxes threaten to take money away from big-market teams. Smaller market teams are faced with budgetary constraints, forcing them to make much more prudent decisions with regard to payroll.
As has been evidenced in the past, spending doesn't always equate to winning. The Oakland A's had the second-lowest payroll in baseball last season, yet they captured the AL West Division title.
With the right planning and development, it doesn't take $100 million to send a team to the postseason.
Here is a breakdown of each team's ranking in terms of overpaying or underpaying. The criteria will be somewhat crude, but for the purposes of this presentation it works.
Each team's projected 2013 payroll will be one determining factor. An estimate of each team's 2013 record, presented in an article published earlier this month, will also be a factor. Those factors will determine the average cost per win (CPW) for each team.
For comparison purposes, each team's 2012 CPW ranking for the 2012 season will be listed as well, serving as a barometer of how each team either effectively or poorly managed their resources during the offseason.
Let's take a look.
Note: Salary projections and 2012 CPW figures courtesy of Spotrac.com. An additional $5 million has been added for each team to cover 2013 salaries of pre-arbitration players.