The most concerning aspect for me is that a new stratification of teams has emerged over the past few seasons: the super-spenders.
In previous eras, teams like the Yankees and Dodgers were kinda lumped in with the Red Sox, Cubs, Angels, Astros, etc. There was a top-third of baseball that all jostled for payroll supremacy depending on their competitive cycle.
But in the past few years, a level above those teams has emerged as the Dodgers and Mets lead the way into ludicrous territory. So now we have a new level above the "large market", occupied by the Dodgers, Mets, and Yankees.
This only pushes teams like the Brewers down a rung, further from sustained competition.