On the 2 year old list, the Yanks were 11th, and maybe we are now 15th or 16th.
ATL had revenue over $500M, like the Sox and were 19th.
CHC had more revenue than BOS, 2 yrs ago and were 26th ( 3 below BOS)
On that old list, 6 teams had revenue over $500M with 2 over $700M. If my adjustment puts us at #16, there would be 3 of those 6 teams ahead of us (LAD, PHI & NYY) and 2 below (ATL & CHC.)
That does not seem like the basis for such an extreme view, like Fred's.
Other big spenders back in 2024:
#13. $494M HOU is spending less and less
#14. $448M SFG is spending less.
#1. $444M NYM keep on spending, but not as nutty as before.
#6. $432M SDP
#8. $410M LAA- the laughing stock of MLB on spending
#7. $406M TEX- has not been spending a lot, recently.