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Wednesday, November 11, 2009

OK, money can't buy me love...how about championships?




What do you say to a repeat performance folks? The more things change, the more they stay the same.

The early odds to win the 2010 World Series
from bodog.com :

Yankees.....11-4
Red Sox.....13-2
Phillies....9-1
Angels......10-1
Cardinals...10-1
Dodgers.....11-1
Cubs........15-1
Mets........15-1
Rays........15-1
Braves......18-1
Rockies.....18-1
White Sox...22-1
Tigers......25-1
Marlins.....25-1
Twins.......25-1
Giants......25-1
Rangers.....25-1

Why not, the Yankees win again?

It is funny after hearing all the carping and whining about "fixing" the draft--the entire reason for the draft--the Yankees ability to sign all the top talent, has simply morphed from the Yankees signing all the top amateur talent, and locking them into pinstripes via the reserve clause, to the Yankees letting basically AAAA franchises sign, develop and toy with the top talent for four or five year until they reach free-agency, and then sign all the talent.

Thanks for sharing Yankees. Fix that part of the system and then you can work on the inequities in the amateur draft.




In fairness to the Yankees payroll bashing, I figured I would take a closer at the relationship between payroll and winning.


Club............Payroll........Wins
NY Yankees......$206,811,689...103
NY Mets.........$139,602,235....70
Chicago Cubs....$137,795,612....83
Detroit.........$129,598,000....86
Philadelphia....$128,587,380....93
Boston..........$122,624,689....95
LA Angels.......$116,709,000....97
LA Dodgers......$109,176,603....95
Houston.........$104,785,000....74
Seattle..........$99,346,926....85
Chicago Sox......$98,268,500....79
Atlanta..........$97,692,834....86
St. Louis........$94,498,500....91
San Francisco....$88,777,106....88
Cleveland........$81,325,900....65
Toronto..........$80,993,657....75
Kansas City......$76,446,243....65
Texas............$76,255,380....87
Baltimore........$76,169,792....64
Colorado.........$74,730,533....92
Arizona..........$72,475,000....70
Cincinnati.......$71,458,500....78
Minnesota........$67,899,267....87
Tampa Bay........$64,996,368....84
Milwaukee........$64,560,861....80
Oakland..........$62,396,066....75
Washington.......$61,455,049....59
Pittsburgh.......$52,268,000....62
San Diego........$42,746,653....75
Florida..........$35,458,951....87
Total.........$2,735,910,294
Average..........$91,197,010
Median...........$81,159,779

The average team salary is inflated a bit by the top teams spending but the median shows the value of the average win at about $1 million dollars in salary.

I was surprised that the Sawks were not higher on the list, I thought they were running second but the Mets efforts to keep up with the Jones's places them in the runner-up slot and skews the results a little bit.

The correlation between payroll dollars and # of wins comes in at .5039 which means that approximately 25% (r-squared) of the results are attributable to spending. A .5000 value of r (correlation) is considered to be a moderate to strong statistical relationship.

If the Mets had finished at least .500 for all the spending they did, the correlation rises to .6000 and 36% of the results are based on spending. Flip the Mets and Marlins wins total and the results are even more stark: .6500 correlation and over 40% of the results are based on spending. But, if ifs and buts were candy and nuts......, right?

Based on the results, the teams that got the most wins for their money are:
Marlins, Rays, Twins, Rockies and Rangers

The teams that got the least value for the money spent:
Mets, Astros, White Sox, Indians and Blue Jays

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