The fat cats of Major League Baseball are finding out what the rest of the USA already painfully knows.
Big paychecks just don’t buy what they used to in this bleak economy.
Four of the five highest-paid teams would not qualify for the playoffs, even with the expanded format, if the season ended today. The New York Yankees, with a major league-high $198 million payroll, are the only one of the top-five teams in payroll with a winning record. TheTexas Rangers are the only team among the top eight leading their division.
Full story: Baseball’s big spenders take beating in standings