At the very least it should be a nice kick in the pants and should be a wakeup call to do better.
This is something I'd like to see in NA Sports but I know it'll never happen. At a minimum, baseball should have relegation as too many teams are content to be mediocre and rake in those revenue sharing funds. At least the the threat of regulation would get them to care a smidge about competitiveness and outright tanking wouldn't be a reliable strategy.
What if baseball expansion went beyond Portland and Montreal?
tht.fangraphs.com
Maybe teams should earn their major league privileges. Baseball could follow soccer's lead and relegate the losers to Triple-A.
www.espn.com
Think I'm gonna give this a run in OOTP