Apparently. money can usually buy success in the MLB – unless you’re Mets. Four out of the 5 biggest spenders did make the playoff – just not the Mets.
The Mets paid more than $340 million to contend for the World Series. They didn’t even make the playoffs.
After a win against the San Francisco Giants on July 27, the New York Mets had 62 wins — tied for second-most in MLB — and a 96.8% chance to make the postseason, according to Fangraphs.
Two months and two days later, the Mets finished the regular season with only 83 wins. Not only did they lose their lead in the National League East division, but they also missed the playoffs entirely.
https://www.nbcnews.com/sports/mlb/new-york-mets-paid-340-million-world-series-contender-didnt-even-make-rcna234552
And to add insult to the injury, they were denied post season play by the team with the cheapest payroll since the Mets was still alive for a wild card spot on the final day of the regular season, and even got the help it needed when the Cincinnati Reds lost their last game against the Milwaukee Brewers. However, they were shut out 4-0 by their divisional rivals the Miami Marlins – who also happen to be the cheapest team in the majors since the spent just under $70 million on their team this season.