OE -- Don't forget that -- assuming that talent evaluation is more or less accurate and efficient, when MLB expands, it adds players that otherwise would still be in the minor leagues. Two new teams means you'd have 50 new major leaguers, most of them worse than Adam Wilk and Rafael Montero. How is that not watering down the league? Because they add a team, on average once every 8.36 years. So yeah, if you measure it from the very minute before two teams were added to the very minute after, talent has been watered down. If you measure it over time, no it hasn't. Keith was speaking from his "day"—the midpoint of his career (the mexridian) being 1982—to now. Four teams have been added in 35 years since then. A 15.3% increase. The earth's population has increased by 63% in that time.