Walter A. Haas, Jr. Quotes in Moneyball
Since the late 1970s the A’s had been owned by Walter A. Haas, Jr., who was, by instinct, more of a philanthropist than a businessman. Haas viewed professional baseball ownership as a kind of public trust and spent money on it accordingly. In 1991, the Oakland A’s actually had the highest payroll in all of baseball. Haas was willing to lose millions to field a competitive team that would do Oakland proud, and he did. The A’s had gone to the World Series three straight seasons from 1988 to 1990.
Deferring to success became an untenable strategy in 1995.