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I wasn’t searching for the right formula.
Kobe Bryant has been underpaid for sure at $20M or so - the Lakers have made a fortune, and he has a HUGE amount to do with it. Michael Jordan was underpaid at that level as well.
I RTFA, but I'm not exactly sure what Tex was saying. Is he claiming that 1) all athletes (other than the cost-controlled Trouts of the world) are overpaid, or 2) that superstar veterans are overpaid b/c of the timing of Free Agency vs. age decline, or 3) that he personally is overpaid b/c he personally is declining, 4) or that a 20 million dollar player isn't "valuable" b/c you can't squeeze much more value of a player than that.
I was surprised that LeBron wasn't in the top 10 in NBA salaries (he's 13th).
Gilbert Arenas gets more than him? Elton Brand?
“I have no problem with anybody in New York, any fan, saying you’re overpaid. Because I am,” Teixeira said. “We all are.”
FC Barcelona's revenues were $602 million last year. What is Lionel Messi worth?
I see fangraphs has Dickey worth 4.6 WAR in 2012. How is it possible he's worth no more than a pretty good hitter?
In the context of wins going for 5.5m each, Teix has had between 3 and 4 wins over the last three years, so in the ridiculous world of MLB salaries he's actually been 'worth' in the neighborhood of 20m a year from 2010 through 2012.
Look at what Fangraphs is calling "RA9-Wins" to get a better WAR value for pitchers - by this stat, Dickey was good for 6.5 wins in 2012.
Well, you'd expect him to do well in that category.
Isn't that number for free agents only?
I also do not think the rate was $5.5M in 2010-2012, more like $4M+...
Crazy. Get your calculator. And divide 20 million by 162.
You won't believe what the answer is!
a nice little major league baseball career... Johnny Gnomes
The mechanics of the labor contract make for weird economics in baseball. For the workers, your goal is to make it to free agency with enough in the tank to get a decent multi-year contract.
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