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Tuesday, April 20, 2010
Tango/ESPN - team spending efficiency
My article:
Last week, I introduced a simple equation to determine the chance that a team will make the playoffs based on its payroll:
Chance of Playoffs = (Payroll Index / 2) - 23
For example, from 1998 through 2009, the Tampa Bay Rays had a Payroll Index that was 58 percent of the league average. The chance of them having a playoff-level team based on that payroll level is six percent. So, over a 12-year period, we’d expect 0.72 playoff teams (.06 x 12) from them. (Like last time, we’re using 89 wins as the barometer for a “playoff-level” performance.) The Rays had a playoff-level team once in that span. Therefore, we can say that the Rays made the playoffs about as much as we’d expect given how much they spent. But which team got the most playoff-level performances for its money?
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