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Marine Layer has a fabulous essay over on his A's ballpark blog about the relationship between the amount of personal income in a metropolitan area, and the number of sports teams in that market. Money quote:
Many outsiders and the Bay Area's own media blame the market's fickle, fair-weather fans for attendance woes. In the end, does this have more to do with simple market dynamics?
That's a great study and it's clear that New York could stand a third (and fourth) baseball team. Both Manhattan and Brooklyn could support a team better in addition to the Mets (Queens/LI) and Yanks (Bronx, tri-state). If baseball didn't have an anti-trust exemption it's clear that teams would relocate in NYC.
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