My response is : No, high paying salaries do not lead to more victories in professional sports.
The New York Yankees is known to be a famous team that has long been known to have the longest tradition of been the Major League Baseball's highest team payroll team.
Note that over the years, the team is said to have won a lot of championships and this strategy was one that did not prove useful or pay off in the year 2008 as the Philadelphia Phillies were said to have won the World Series.
Note that money helps to buy good players but putting them to use is different and as such My response is : No, high paying salaries do not lead to more victories in professional sports.
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