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Select any two teams from Major League Baseball (MLB). The only team that you cannot select is the Detroit Tigers. Gather the OPENING DAY payroll data for the two teams you selected for the following seasons: 2011-2019, 2021, and 2022. Create spreadsheet showing in constant or real dollars how much the teams spent for players. Also record the number of games each team won in each season.
a. What relationship do you observe between real dollar salary levels (player salaries) and wins?
b. What trends did you observe?
c. What is or was the marginal cost of more wins to owners?
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