Came in here to say just that - I wouldn’t judge relevancy based on the amount of sponsorship a company is willing to throw at a world tour team.
But the business of World Tour temas is also to win, as winning means being invited to the big races, which actually have coverage for the ads-on-wheels that riders are to get eyeballs on. If they can't win because of crap gear, they won't use said gear, no matter how much money given to them.
It's a fine balance, right? Some riders of high talent are also pretty controlling on the gear they use, and will bring their own bike sponsor into a team as part of the deal of transfer. Chicken and egg I guess: if the gear is irrelevant, you'll never see it on the Pro Tour.