The Money Will Eventually Win
Three Things I Learned in SaaS, Sports, Tech, & Live Events
Three Things I Learned In SaaS, Sports, Tech & Live Events
World Series Week 2024 as the Dodgers topped the Yankees in five games.
The money will eventually win.
Three of the final four teams in baseball had the highest payrolls and reside in the two biggest media markets.
For most of sports history, the biggest spenders have won.
People will actually try to argue this when it’s brought up, but the evidence is clear: The money wins the vast majority of the time in leagues without salary caps and spending controls.
In "The League," there are chapters dedicated to creating the NFL draft and the salary cap to try and stem the richest teams from winning a disproportionate number of titles. The NFL had a money problem.
In the English Premier League, only one team that wasn't in the top six in salary expense has won the title since the league's inception in 1992: The 2015-16 Leicester City squad. Still the most incredible sports upset ever.
The Dodgers spent a billion dollars on four players and won the World Series with the biggest payroll in the sport (Please don’t send me another chart counting Ohtani at $2m.)
There are outliers. There are disruptors. There is hope. But more often than not, the Moneyball A's lose to the Yankees. It’s just the way it’s always been.
There are two ways to win in Major League Baseball these days: 1) Buy a team or 2) bottom out, get a ton of high draft picks, then supplement by - buying a team in free agency. That's been the case with every World Series champion since the 2008 Phillies (11th in payroll)
Such is life.
It isn't any different in business.
Spending money doesn't always equal success. And there are plenty of stories of when spending fails terribly. Think Quibi or ScoreBig.
But more often, it makes winning much easier.
The money eventually comes. It copies. It threatens. It tries to buy. If it doesn't get what it wants, it looks to use its leverage (money) to beat you.
If you are having success, the money will not be far behind.
So run as fast and as far as you can while you have the advantage you've found. And do so with plans for what you will do when money enters the equation.The Yankees and Dodgers couldn't have come at a better time for ticket re-sellers
StubHub and SeatGeek still haven't gone public. They can’t. The numbers aren’t there.
This year hasn't been a great one for the secondary ticketing world. The big event of the summer, The Paris Olympics, shut off re-sale completely.
The Dodgers vs. Yankees World Series is the boon re-sale companies needed to save the year.
We'll soon see just how good it was.If you don't have anything nice to say, don't say anything at all.
Tuesday will come and go soon. Finally.
Every election will be "the most important of our lives" and "too close to call" from here on out.
Every candidate will be the “worst of their time,” or “garbage,” or “incompetent,” or “deplorable,” or “treasonous," or whatever.
We’ve had “war criminals,” “felons,” “unfit for office,” and on and on since Jefferson and Adams sparred with vitriol in the papers of the day.
It's just the way the machine works and always has.
Hurling insults at each other or venting into the void of social media changes nothing at anything in life.
It is wasted breath.
Good luck out there next week.