In the AL alone, there are 8 teams under .500. Six of them at least 24 games under .500, and five of them at least 30 games under .500. Add another six NL teams that are under .500, and half the league is bad. The only division race still up for grabs is the NL Central (3 games back). The Phillies are 2.5 games back of the 2nd WC, and no other team really looks like they have a shot at it. Hell, the D Backs are 3.5 games back of WC2 and they don't even want it.
Combine that with teams knowing they can make money without being competitive, thereby not having incentive to actually try, and it has lead to this mess. Even the off season has been boring the past couple of years because teams don't want to spend on free agents or trade prospects, so the hot stove is non existent.
MLB needs a lot of help, and none of it involves pace of play. Manfred has a tough job, but he's not tackling any of the important issues with fixing the game. I am 100% for some kind of rule that forces teams to try to compete. If you are under .500 for more than 3 years straight, or lose 100 games in consecutive years, you lose a first round pick, or something crazy like that. I hate watching highlights of other games and seeing half empty stadiums. Every team should be trying to contend, or at least put a decent product on the field. / end of rant