Not that I know business at all, but I would expect the Yanks to be at the top of the list since their insane revenue numbers provide the opportunity for insane profit margins. An 80% reinvestment of $10 revenue allows for a $2 profit. An 80% reinvestment of $100 allows for a $20 profit. In other words, it would seem high revenue teams have greater room to reinvest at high percentages since their take-aways will be larger. I feel I'm missing something here and being overly simplistic. I guess the point is that I'm not impressed by the Yanks' reinvestment percentage, and I'm a Yanks fan.

This would be a great study if we had any reason to believe the revenue numbers were accurate. Baseball teams have an incentive to misrepresent their revenues, especially from television. The Red Sox have historically done so with NESN, and I can only assume other teams that own the cable outlets that broadcast their games do as well.

The Red Sox have historically done so with NESN, and I can only assume other teams that own the cable outlets that broadcast their games do as well.

It's going to be VERY interesting to see what happens when the Cubs' current broadcast contracts expire. It's no secret that the Ricketts would like to set up some sort of YES type deal... and for a real rarity, the Tribco actually has admitted in the past that the radio deal between the Cubs and WGN (both Tribco entities) is below market value.

I could foresee a messy breakup on its way -- add to that, one of the broken hearted being a media empire, perhaps then with an axe to grind and full, based on actual internal experience, knowledge of exactly what a team DOES make off of broadcast rights...

One of the interesting things about this list is how much revenue even "small market" teams bring in. If you look at the team with the least revenue on this list (the Marlins), they're at $139,000,000, and that's assuming that they're not hiding any revenue, which they probably are.

And that's a team that's owned by Jeff Loria, that's actively trying to undermine the value of their franchise in an attempt to get a publicly-funded stadium, that doesn't care whether or not they win. Revenue numbers go up pretty quickly from Florida.

I understand that player salaries aren't the only expenses that Major League teams have, but looking at this list, I have an even harder time believing that there are really big league teams that "can't afford" $80-90 million payrolls.