The Pittsburgh Pirates are one of Major League Baseball’s oldest franchises, with five World Series championships and a rich early history. However, over the past several decades, the team has become more closely associated with losing seasons, low payrolls, and ongoing debates about financial fairness in Major League Baseball. A central question often raised by fans and analysts alike is whether the Pirates’ struggles are the result of MLB’s lack of a true salary cap—or whether deeper organizational and economic decisions are to blame. A Long History of Losing The Pirates’ modern struggles are well documented. From 1993 to 2012,...Read More