People knock on Major League Baseball because it lacks a salary cap. Yet baseball (with a few exceptions) continues to be the league with the most parity, where small-budget teams are constantly competing with and beating the big-market teams.
Sure, the Yankees (No. 1 in payroll) and Red Sox (2) and Angels (8) have huge payrolls and offer lucrative contracts to players, but honestly, as we saw from this past year, those teams don't always win. The Rays (21) made the playoffs in first place, and their payroll is significantly less than the salaries of the Yankees infield.
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