Why wouldn't it get eyeballs if it were a formula?
You answered your own question why it's a sham you said Big cities = More Eyeballs, the larger city's take president even with umpires in games, we just seen it happen against the Cubs when Murphy refused to talk about it or he would be subject to fine. Another problem with it is that the larger payrolls, larger markets are more likely to get the higher rankings, equals higher viewership = more $$$ for MLB.
You asked specifically what my problems are: partisan media outlets from the east and west coast "experts" create the list. My point is were one of the black sheeps of the MLB only because we're a small market.