This theorem is calculated by the following formula:

In 2008, the Chicago Cubs led the major leagues with a 184 runs differential. They scored 855 and only allowed 671. Their PET calculated Win% was .619. Though the Cubs won 97 regular season games in 2008, their PET-predicted wins total was 100.25, meaning the Cubs "underperformed" by 3 wins.
Using the Cubs 2008 PET-based Win%, just how unlikely would it have been for the Cubs to win all 162 games? 1.725 x 10-32% or 1 to 5.798 x 1033.
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