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Power Take: Like rooting for the underdog? They don’t come much bigger

Let me clue you into the No. 1 sports story in the world right now: A near-miracle is happening in the English Premier League. Lowly Leicester City leads the EPL two-thirds of the way through the season.

Understand that Cinderella has been locked in a dungeon forever in the EPL, where the rich get only richer. Only three teams (Chelsea, Manchester United and Manchester City) have won the title in the last 11 seasons. But each of the six teams considered powerhouses this year have underachieved, creating a perfect storm.

Leicester was a joke last summer, picked near the bottom. It sacked manager Nigel Pearson in June after three of its players videoed themselves with prostitutes in Thailand. Leicester has been in the EPL only the past two years. It spent the previous 10 years in lower divisions. Its payroll is $69 million. Chelsea’s is $310 million.

Yet new manager Claudio Ranieri has employed a brilliant counter-attacking style. Striker Jamie Vardy, 29, was playing in the equivalent of Double-A ball four years ago. He leads the EPL in goals. There are 13 matches to go. Leicester City leads by five points. Go Foxes!