That's a fair assessment, but there's not a guarantee that they will get 1/3 of the talent. Also, higher revenue teams could trade off years, but it's not like they are scheming with each other to keep the lower revenue teams down. The truth is every team in baseball probably has enough money to do the same thing if they wanted to. I'm not saying it's a great system, or that I even like it, but I don't think it is cheating. The teams are following the rules as written, it's just there were some unintended consequences associated with that rule.