Saturday, October 5, 2019

2011-2019 MLB Team Payroll Inequality

Yesterday, I took a look at competitive balance in MLB and found that MLB competitiveness was declining this season as compared to last season.  So now, what I want to look at is the level of team payroll inequality using team payroll data.

In the chart below is the MLB Team Payroll Gini coefficients from 2011 to 2019.  As you can see, team payroll is highly unequal.  Want to know how to calculate the Gini coefficient?  Look here.