From 1988-1990, the Athletics made it to the World Series each year, an achievable feat
even by spending, at most, just $5,000,000 more than the average team due to the relatively
small payroll gap that still existed. As the rest of the league continued to spend more and more
each year, the Athletics were left near the bottom of the pack. For example, the Athletics’
payroll increased by roughly $10,000,000 from 1990-2000, while league-average payroll
jumped up by roughly $40,000,000. Some teams were spending almost triple what Oakland
was, and these numbers would only continue to grow. To put this in even greater perspective,
Oakland’s 1991 $40,000,000 payroll was roughly the same as their 2022 payroll was – in 1991
they had the highest payroll in all of baseball, in 2022 they had the second lowest (Douglas).
In 2000 and 2001, the Athletics were able to reach the playoffs without a large payroll,
mostly due to several players on the team who were paid very little but were the stars of the
team: Johnny Damon (who was there only for 2001), Jason Giambi, and Jason Isringhausen (Au).
Thanks to these players (and some others), plus a little bit of luck, the A’s played in the
American League Division Series for the second year in a row in 2001. After that season, all
three of those aforementioned top players left in free agency, signing with richer teams: the
Red Sox, the Cardinals, and the Yankees, respectively (Lewis, 22-23).
Heading into the 2002 season, no one expected Oakland to find any sort of success.
They had just lost three key players that were seen as one of the only reasons they were able to
reach the playoffs in 2000 and 2001, and their payroll was almost half the size of the league
average $65,000,000 and a whopping $80,000,000 below the league-high New York Yankees’
(Au). To top it off, general manager Billy Beane did not make any notable big signings in the
offseason – at least not at first glance – to fill in the large gaps that were left by Giambi, Damon,