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WSJ: Dodgers increased payroll 132%, still suck and should have known better

I know that poopy face all too well.
I know that poopy face all too well.
Christopher Hanewinckel-USA TODA

There's a few interesting facts in this Wall Street Journal article, especially if you're a fan of a team who barely increased their payroll like the Padres or of a team who's budget was cut. Conventional wisdom seems to indicate that a team can improve their chances of success by outspending their competitors, the facts say that's not the case.

Los Angeles Dodgers: Splashing Cash Rarely Pays Off -

Since 2004, of the 33 teams to increase their payroll by at least 30%, only five made the playoffs. in that same time frame, of the 110 teams that increased by at least 10%, just 31 made the playoffs, barely more than the number of playoff teams that cut their payroll over that span (28).

The Dodgers increased their payroll 132% and are in the process of making themselves at home in the NL West cellar after last night's crushing defeat.

NL West Standings

San Francisco 19 13 .593 0 Lost 1
Colorado 18 13 .580 0.5 Lost 1
Arizona 17 15 .531 2 Won 1
San Diego 14 18 .437 5 Won 2
Los Angeles 13 18 .419 5.5 Lost 5

(updated 5.7.2013 at 4:21 PM PDT)

The moral of this story is paying butt loads of money to players rarely pays off in terms of making the playoffs. It takes a smart team to compete and smart teams usually don't increase their payroll 30% in a year.