Two things, I don't see why it would necessarily cost $175-200m just to field a respectable team. And, 8 years ago people would have said the same thing, only using $75-90m as the number. There have been a heck of a lot of mediocre starting pitchers who have signed for between 8 and 10 million in recent years. This is not completely out of the blue. Plus, baseball balances this out with how cheap young talent is. In football, draftees get 8 figure signings bonuses and count huge against the cap right away. In baseball, you have guys like John Lackey, who has been a good pitcher for 4+ years and has barely made $4 million. Not every team has to sign free agent $10m 4th starters. Some teams, like Oakland, will always be more efficient with their money. You are acting as if everybody is going to look like the Cubs. The Cubs are going to spend more than the vast majority of teams. Because they have to make up for having a crappy farm system and an unwise GM. *sigh* Well that and they are one of the more popular teams in all of sports...