Nope, pretty much a fact. I took the Twins rankings in revenue (via Forbes) and their ranking in payroll each year since 2009 and posted below. 2015: 18th in revenue, 18th in payroll 2014: 22nd revenue, 24th payroll 2013: 14th revenue, 22nd payroll 2012: 16th revenue, 13th payroll 2011: 13th revenue, 9th payroll 2010: 9th revenue, 11th payroll 2009: 24th revenue, 24th payroll You are much too caught up in absolute numbers for the Twins that you are missing the bigger picture of what the Twins do relative to other franchises. 2013 is the one negative outlier, but can, in my opinion, be somewhat excused by the fact that the team was at the nadir of the rebuild and would reasonably have a lower relative payroll based on baseball cycles. EDIT: I would also add that 2013 was a terrible year for free agents, especially pitching. The Twins probably would have signed a Nolasco or Santana type if they had been available (rather than or in addition to the Correia and Pelfrey deals they did sign). A signing like that would have made the gap between revenue and payroll rank even less glaring than it was. I fully expect the team, as it continues to compete and regain rankings in annual revenue to adjust the payroll accordingly.