Well, what small-market teams did wonders? Carolina got a cup, I concede that, but it was just once in a lifetime. Arizona sucks year in and year out. Maybe Buffalo, but it's still in the New York state and frankly a lot of peolpe live in the area.
Most of what you can imagine as "small market" are 10x markets if compared to Europe.
You do realize that Buffalo is 600 km away from New York City? But hey, at least it's in the same state.