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The 162 game schedule was not developed to determine the best team. It was made to maximize profits given the constraints of weather, playoffs, etc.. Depending on the size and talent distribution in the league, you might know who the best team is after just a handful of games. When you have a dominant team like the Yankees in the 20s or the big red machine, you don't need very many games to confirm their dominance. Some seasons where 2 or 3 teams are fighting it out going into the last weekend, then maybe 162 games is not enough to determine the "best" team.
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