[Captain Walrus]

I have found that market sizes mostly affect the media contract, and seemingly very little else. With every team having a fixed media contract at $30,000,000, the smallest market team ended up making the most money because they built a kick ass team that won for years.

I'm having difficulty seeing any effect of fan loyalty. A formerly good team gone sour with poor fan loyalty doesn't decline in fan interest much faster than a formerly good team gone sour with good fan loyalty. I haven't tested bad teams getting good and seeing how quickly fan interest rises...but that seems the opposite of loyalty.

The best results I've had, in getting realistic advantages for large market teams vs. small market teams, comes by creating arbitrary media contracts based on metro-area size. This gives big market teams an advantage, but when you have a small market team that plays really well, it makes more money than some of the moderately larger markets.