Payroll and Playoffs, Unrelated?

By Econ70 | 10/14/2011

The Friday File: Baseball’s 3 teams with the highest payrolls are watching the playoffs on TV. The Yankees ($202.6 million) were upset by the Detroit Tigers ($105.7 million), while the Philadelphia Phillies ($172.9 million) were upset by the St Louis Cardinals ($105.4 million). The Boston Red Sox ($161.7 million) actually missed the playoffs after a…

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