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| Topic: |
Miscellaneous
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| Number of pages / Number of words: |
13 / 3556 |
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The standard deviation ranges from $46K to $101K. Taking into
consideration that the highest salary standing team was the New York
Mets who finished in 4th place that year and the lowest salary was the
Washington Nationals who finished 5th which was last place in the MLB
Division Standings.
The disparity in payroll numbers among the lowest and highest-market
capitalizations brings about the question; Can a small-market team be
viable and compete against the marquee players? In calculating the
salary of all 30 MLB teams analysis indicated the mean and median were
very close...
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The average mean is $83K and the median is $85. The findings
would place the average Major League Baseball salary at $84.5K and the
winning team would be anyonea?â„¢s guess.
An example of a high priced season came from the Giants whose payroll
consisted over $90 million dollars (the seventh highest paying team)...
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