Baseball for the Thinking Fan

Login | Register | Feedback

btf_logo

News

All News | Prime News

Old-School Newsstand


Contributors

Jim Furtado
Founder & Publisher
Repoz
Editor - Baseball Primer

Syndicate

Money Newsbeat

Tuesday, August 25, 2015

Relationship Between Spending, Winning Remains Low

This never would have happened if baseball had a salary cap.

About a year ago, the Providence Journal ran a piece, Money Can’t Buy Success for Teams Anymore, discussing the relationship between wins and payroll. The article took a look at Opening Day payrolls over the last decade and correlated the payroll with wins. Brian MacPherson found that from 2002 to 2008 the correlation coefficient for wins and payroll exceeded .4 and was generally around .5, but that the relationship had declined and, at the time of the article last year, the correlation coefficient was just .2, dropping to the point that alphabetical order had a stronger relationship to wins than payroll. I ran the numbers with the win totals from the end of the season, and while it was not quite as low as it was in mid-August, r was just .25 at the end of last season.

Anecdotally, with the success of Houston and Pittsburgh (Kansas City actually has a mid-level payroll this season), it appears that the recent trend has continued this season…..

Again this season, there is not a great relationship between wins and Opening Day payroll. So far this season (through August 23), r is .17, even lower than it was a year ago at this time. Of course, Opening Day payroll is not the only measure of a team’s financial wealth. Fortunately, using the current payroll data from spotrac, we can compare wins to a team’s current payroll, after teams have added and removed players. The correlation of current payroll and wins is a little higher, at .25, but this is to be expected as the teams with more wins are likely to be adding payroll while teams with fewer wins are likely to be jettisoning larger contracts.

RoyalsRetro (AG#1F) Posted: August 25, 2015 at 03:14 PM | 2 comment(s)
  Beats: money, payroll

Thursday, May 21, 2015

Survey: Athletes making $17.94 billion on 333 top teams

Baseball players are paid too much! Argle-bargle!

But it’s the NBA that has the highest average per-player salary. At $4.6 million, the NBA ranks just ahead of India’s IPL cricket ($4.3 million) and MLB ($4.2 million).

The top three NBA teams are the Brooklyn Nets ($6.2 million per player), New York Knicks ($5.9 million) and Los Angeles Clippers ($5.3 million). The Los Angeles Dodgers ($8.0 million) lead baseball and the Royal Challengers Bangalore ($4.5 million) head the IPL list. Wondering how NFL teams fare? The football team with the highest average salary, the Miami Dolphins ($2.3 million), doesn’t crack the list until No. 124.

The survey reveals which teams spend the most on their players, including an analysis of 333 teams in 17 major pro leagues, covering seven sports, 13 countries and 9,731 athletes who are making a combined $17.94 billion.

Some of those big spenders have help. Abu Dhabi’s International Petroleum Investment Company (IPIC), for example, sponsors Real Madrid. Billionaire Sheikh Mansour owns Manchester City, which held the top spot in the survey the previous two years. Mansour is a member of Abu Dhabi’s royal family, the deputy prime minister of the United Arab Emirates and a man whose wealth is derived from oil. Mansour also co-owns, with the Steinbrenner family (the Yankees’ principal owners), the newly minted MLS franchise New York City Football Club—so baseball royalty meets actual royalty.

The amount of wealth in the sports landscape can be staggering. The Yankees are spending an average of $7.3 million per player—yet dropped from second to ninth on the overall list this year.

 

RoyalsRetro (AG#1F) Posted: May 21, 2015 at 10:16 AM | 2 comment(s)
  Beats: athletes, dodgers, money, nfl, salaries, soccer, yankees

 

 

BBTF Partner

Support BBTF

donate

Thanks to
Traderdave
for his generous support.

Bookmarks

You must be logged in to view your Bookmarks.

Hot Topics

NewsblogAngels seek quick resolution for GM opening - The Orange County Register
(5 - 4:05am, Sep 02)
Last: A New Leaf

NewsblogMike Mussina's Hall of Fame case is strong, so why aren't voters buying it?
(57 - 3:15am, Sep 02)
Last: Joyful Calculus Instructor

NewsblogOTP - September 2015: Making Sense Of The Republican Presidential Race: It's Like Major League Baseball In August
(164 - 2:20am, Sep 02)
Last: David Nieporent (now, with children)

NewsblogOT: Monthly NBA Thread - August 2015
(167 - 1:38am, Sep 02)
Last: theboyqueen

NewsblogAppellate court sides with MLB in minimum wage lawsuit
(6 - 1:33am, Sep 02)
Last: boteman asks Where's My Ring?

NewsblogOMNICHATTER 9-1-2015
(142 - 1:00am, Sep 02)
Last: Joyful Calculus Instructor

NewsblogJonny Gomes headed to Royals in trade from Braves
(3 - 12:55am, Sep 02)
Last: bbmck

NewsblogFan dies in fall from upper deck at Turner Field | www.ajc.com
(277 - 12:42am, Sep 02)
Last: CrosbyBird

NewsblogJake Arrieta throws no-hitter against Dodgers | MLB.com
(51 - 12:15am, Sep 02)
Last: Walt Davis

NewsblogBraves’ record, attendance both in decline since 42-42 | www.ajc.com
(19 - 12:02am, Sep 02)
Last: bigglou115

NewsblogBabe Ruth’s Former New York Apartment Can Be Bought For Just $1.6M (Photos) | MLB | NESN.com
(9 - 11:51pm, Sep 01)
Last: Cloude Atlas (Voxter)

NewsblogDon’t let Bird’s bad night jump-start terrible A-Rod experiment | New York Post
(24 - 11:21pm, Sep 01)
Last: Walt Davis

NewsblogForbes: Maury Brown: MLB Commissioner Rob Manfred Rejects Reinstatement Of 'Shoeless' Joe Jackson
(29 - 10:17pm, Sep 01)
Last: cardsfanboy

NewsblogOT: Soccer August 2015
(634 - 9:43pm, Sep 01)
Last: The John Wetland Memorial Death (CoB)

Newsblogred sox - Seventy-one pages that helped define Dave Dombrowski - WEEI | Rob Bradford
(1 - 9:08pm, Sep 01)
Last: Gold Star - just Gold Star

Page rendered in 0.1916 seconds
48 querie(s) executed