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If you value money management, root for the Rays to go to World Series Pitcher Grant Balfour celebrates with catcher Dioner Navarro after the Tampa Bay Rays defeated the Chicago White Sox on Tuesday. Back in 1923, the New York Yankees built an entire stadium for $2.5 million. This past season, just one victory in their aging edifice cost the franchise almost as much: $2.3 million. Those are some of the surprising numbers unearthed in an msnbc.com analysis of wins for each Major League Baseball team in 2008 compared to salaries paid to its players. As the one major sport without a salary cap, the cost-per-victory has some stunning winners – and embarrassing losers. Just like last year, the Yankees spent the most per win in the major leagues. In retrospect, the $2,017,437 price for a victory in 2007 looks like a bargain; the... [read full story]
