This is my point -- almost all of the teams were large markets. There was 16 teams, spread over about 10 cities. I would love for you to show what teams had a market advantage and how they used it. If you could show me where the Yankees spent more money than other teams, I'd give the idea merit -- and of course you realize that the Yankees bought Ruth from Boston one of the 4 "large market" teams as defined by TLB. I'm afraid the burden is on you to demonstrate the unusual idea that that MLB history is charcterized by roughly equal spending. The Cardinals market advantage in the South and West was unique and as was stated, they used it to pay for extra minor league teams. Some teams teams have always had a money advantage and have always had many ways to use it (including scouting, signing bonuses and buying ML players). As is well known the Boston owner sold off his championship team because he needed money for reasons of his own, not because of market size (The Red Sox lead the league in attendance 2 of the 3 years before they sold Ruth). The Yankees acquired much of Boston's championship team. It's ironic that in the same sentence you could mention the purchase of Babe Ruth that cost $100,000 and also ask for proof of how the Yankees used their money advantage. Yankees star pitchers of the 20's Herb Pennock and Carl Mays cost the Yankees $50,000 and $40,000, respectively. IFs Tony Lazzieri and Joe Dugan cost $50,000 each. OF Earl Combs cost $50,000. Since the Yankees took over from the Giants as NewYork's most popular team in th 20's they regularly enjoyed a big attendance advantage over the "other large markets" like Cleveland and Cincinnati. http://www.baseball-refer...om/teams/NYY/attend.shtml Baseball owners are secretive about their finances and Forbes has not been doing its unofficial analysis for long. The Yankees did pay Ruth a $70,000 salary that was out of line with what anyone else was making.