I am sure all economics-minded baseball fans are as distressed as I am by the sheer wastefulness of the process whereby the Yankees have to buy all of the top players and then hope they perform in a limited number of key situations each October. Wouldn't it be much more efficient and streamlined if we changed baseball's rules so the Yankees could simply buy runs directly?
Imagine Game 4 of the ALCS last October under this rule. The Red Sox tie it up off Rivera in the bottom of the ninth - but then, before the tenth inning can begin, the Yankees simply buy a run and are declared the winners by 5 to 4! It's a sweep!
Yankee fans start celebrating. Announcers talk about how it's not just the money the Yankees have, it's how smart they are in using it. Joe Morgan gives the credit to Derek Jeter.
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