Major League Baseball is flourishing, with revenues exceeding $9 billion last year, a far cry from the $1.2 billion in revenues they received in 1995, the first year after their devastating work stoppage. The game has seen an influx of players from Cuba, Venezuela, Japan, Korea, and new sources of talent such as Germany, Panama, and Brazil. Perhaps it is time for the game to grow.
Baseball has not added new teams since the Tampa Bay Devil Rays and Arizona Diamondbacks joined the league for the 1998 season. Since Major League Baseball first expanded in 1961, this is the longest stretch without any new teams joining the fold.