Showing posts with label Money. Show all posts
Showing posts with label Money. Show all posts

A Picture Is Worth 1,000 Words: Why Pujols Deserves More Money Than Teixeira and Mauer, But Not A-Rod Money

(click to embiggen)

Even if you look at cumulative WAR by age, the difference between A-Rod and Pujols by age remains constant (compare the area differential for the age 21 to 29 seasons). That's not to say Pujols age 31-40 seasons will not be comparable to A-Rod's, however...just a commentary on equivalent-aged production.

Forbes NFL Team Valuations

Last week Forbes evaluated the value of each NFL franchise heading into the 2010-2011 season and showed the public how much each team is worth. I could break down each team and provide in depth analysis, but who would be kidding with me breaking down the economics of football. I just thought it was interesting to see where each NFL team was ranked and wanted to share it with you if you haven't see this story yet.

Here are the rankings according to the article by Forbes:
1 Dallas Cowboys
2 Washington Redskins
3 New England Patriots
4 New York Giants
5 Houston Texans
6 New York Jets
7 Philadelphia Eagles
8 Baltimore Ravens
9 Chicago Bears
10 Denver Broncos
11 Indianapolis Colts
12 Carolina Panthers
13 Tampa Bay Buccaneers
14 Green Bay Packers
15 Cleveland Browns
16 Miami Dolphins
17 Pittsburgh Steelers
18 Tennessee Titans
19 Seattle Seahawks
20 Kansas City Chiefs
21 New Orleans Saints
22 San Francisco 49ers
23 Arizona Cardinals
24 San Diego Chargers
25 Cincinnati Bengals
26 Atlanta Falcons
27 Detroit Lions
28 Buffalo Bills
29 St Louis Rams
30 Minnesota Vikings
31 Oakland Raiders
32 Jacksonville Jaguars

A few of the teams that stood out to me as being surprisingly high were: Washington Redskins at number 2, Houston Texans at 5, Baltimore Ravens at 8, Carolina Panthers at 12, and Cleveland Browns at 15. It was good to see these franchises so high.

Some of the teams I was surprised to be so low for the market or success of the team was Chicago Bears at 9, Green Bay Packers at 14, Pittsburgh Steelers at 17, Tennessee Titans at 18, Arizona Cardinals at 23, San Diego Chargers at 24, and the most shocking was the Minnesota Vikings at number 30! These teams I would have expected to be higher.

The Chicago Bears at number 9 had to be the most disappointing and I am not saying that as a Bears fan. Chicago is one of the biggest markets and it doesn't have two teams like New York. For these two reasons it should be higher. Thus, it should be in the top 3, or the top 5 to say the least.

Other great teams and storied franchises like the Green Bay Packers, Pittsburgh Steelers, San Diego Chargers, and Minnesota Vikings I would have thought to be much higher.

If you go to the article you can click on a team and read more about the appraisal for the team.

Overpaid bums of 2009 (Cubs Edition)


DME provided the overpaid bums of 2008 (cubs edition) in the early days of GOI, so let's see how Jim Hendry's team fared this last season. Clearly, the Cubs had a massive profit on their investment in 2008 thanks to a 97 win season. The same cannot be said about the 2009 club. The biggest losers of the season were Kevin Gregg, Aramis Ramirez, Aaron Miles, MIcah Hoffpauir, and the grand champion...Alfonso Soriano with a startling -19.3 million net loss. Despite my criticism of the value system on fangraphs, which I believe overvalues the production of players, the net production was still nearly 19 million dollars below the team payroll. That takes some serious skill on the part of Jim Hendry.

Click on the image to get a sharp view. Maybe one day we'll afford our own domain and be able to post readable data, but that day is not today

Money or The Ring?

If you are a free agent in sports, you have two main questions to ask yourself: “Do I want to go play on a team because they offered me a lot of money?” or “Do I want to go play on this team because they are competitive and I think they can win it all?”

Sometimes you get lucky and you get wooed by the Red Sox or Yankees and the choice is made for you. The team that offers you the most money just happened to be a team always in contention to win the World Series (or the championship in any sport).

Other decisions like the ones Curt Schilling recently wrote about on his blog about the school district his kids will enter into as well as Lamar Odom saying he only wants to play in a warm city like Miami probably factors into a free agent's decision. But time and time again we see athletes taking the money as opposed to trying to get a ring. But why? I think the ability to win it all should play a factor, but I guess it really does not. This perplexes me.

How many times do you hear a player say, "It does not matter what you did in the regular season, it is all about the post season"? It is all about the post season, because everyone wants to win it all. How many times did you hear Tom Brady and Randy Moss and Bill Belichick say, it doesn't matter that we are undefeated, we still have not won it all. I'm sure if you ask anybody who plays in a professional sport what their goal is in the sport is they would all say “To win a championship.”

Now I’m not ignorant. I know money is important. I know athletes need to look out for their families and look out for themselves. Plus, an athlete has a limited amount of time to participate in his occupation before age becomes a factor. This is something (most of) the working class does not have to worry about. Everyone wants to be rich and have millions of dollars for doing what they love. It is the American dream. However, at what point in your career do you say, "I have money, now I want a ring"? I feel like at some point athletes need to ask themselves this question.

Most players in major sports become free agents after they've been in the league for five or six years or so. This is most likely the one point in a guy's career where he has the best opportunity to make a ton of money. The first time a player becomes a free agent is the toughest call. They have to weigh the fact that this is their best and maybe only time to garner a big contract versus this is also this is the best time where I will play well enough to help my future team get a ring.

However, if an athlete is lucky enough to become a free agent for a second time and still has multiple teams requesting his services yet still has not been a part of a championship team, he should chose the team that gives him the best opportunity to win and take contract price out of the equation.

The hardest factor though to consider is which team will win a championship or be in contention. What if an athlete goes to play for a team he believes will be a competitor but they never end up even making it to the post season? It is extremely difficult to predict which team will win it all. The 2007 and 2008 Cubs looked poised to at least make it to the World Series and ended up getting bounced in the first round both years due to plain bad luck. As good as the Yankees and Red Sox are, only the Red Sox have it won it twice in like the past decade with teams like the Phillies, Cardinals, and White Sox winning it in other years. Nobody would have ever expected the Giants to win it all in 2007. So choosing a team to win it all is extremely risky and unreliable, but I believe you can and should try to spot the teams that will be competitive.

I'm sure owners and GM’s would not like it if players chose better teams than bad teams offering them more money. I'm sure it would be hard for the Detroit Lions and St. Louis Rams and pre-Drew Brees Saints to get free agents without money. But if you are a player, do you really care?

When Miguel Tejada became a free agent, he chose the money. He played some darn good years but on an Orioles team that didn't finish higher than 4th place in their division. Taking his steroid usage aside, do you think he is happy he put up some great numbers and made money on a lousy team? In fact, because of his steroid scandal, I bet he wished he won a championship to help preserve his legacy.

Sometimes athletes are aware that they don't have a lot of time left and would like a ring. Long time and great Kansas City Chief TE Tony Gonzalez wanted out of his existing contract because he knew the Chiefs were not going anywhere. I'd have to imagine winning it all played a factor into former Padres RHP Jake Peavy's decision to eventually sign with the White Sox. In fact, he was already getting paid no matter what. I think he knows his statistics will take a tumble coming into the AL and into a homer friendly park, but I think he also knows the White Sox give him a better chance to win than the Padres will. Marion Hossa seemed to have this in mind as well. He thought the Red Wings gave him a better chance to get a ring than Pittsburgh did and I'm sure he thinks the Blackhawks give him the best chance to win as well.

It's obvious that some players do care about the ring more than the money and I have no problem if a player does choose money over the ability to win a championship. However, I think when that player's career is said and done, he will regret that he didn't at least try to win a championship. I do not always think that a ring should be a player's main goal when signing a contract, but I would like to see athletes take that into account more instead of them signing a huge contract to play for a team that's last in their division every year.