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Does spending more money help teams win?

On the basic level, the Diamondbacks got more bang for their buck than most other teams in the major-leagues last season. The total Opening Day payroll for the 30 major-league franchises in 2015 came out to $3.74 billion, which means that each win cost $1.54 million. Unsurprisingly, the teams which paid most were those at the top of the salary charts, in the Los Angeles Dodgers ($2.96 million) and New York Yankees ($2.52 million). The bottom of the list saw four teams pay less than one million per win, with the lowest cost belonging to the Houston Astros, at $824,325, or less than one-third of the rate at which the Dodgers bought their wins.