Is there any correlation between winning and team payroll in MLB?

The five teams with the highest team payroll are the Yankees, Tigers, Mets, Red Sox, and White Sox. The five teams with the lowest team payroll are the Marlins, Rays, Athletics, Pirates, and Nationals. As of this day the five highest teams have a combined won/lost record of 100 wins and 105 lost while the five... show more The five teams with the highest team payroll are the Yankees, Tigers, Mets, Red Sox, and White Sox. The five teams with the lowest team payroll are the Marlins, Rays, Athletics, Pirates, and Nationals. As of this day the five highest teams have a combined won/lost record of 100 wins and 105 lost while the five teams with the lowest payroll have a combined team record of 108 wins and 98 lost. What exactly, if anything, do these numbers tell us? In a prior post a few days ago Craig S. had a similar question, do these numbers indicate that there are more important issues in fielding a winning team than just acquiring high priced players? Is the ability of a team to buy a championship just a myth?
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