O'Reilly logo

Mathletics by Wayne L. Winston

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

33

 

NBA PLAYERS' SALARIES AND THE DRAFT

In chapter 9 we determined salaries for baseball players based on how many wins a player generated over and above the number of wins that would be achieved with a team of “replacement players.” Using the WINVAL point ratings we can use the same approach to come up with an estimate of a fair salary for an NBA player.

During the 2006–7 season the average team payroll was $66 million. The minimum player salary was around $400,000. We will define the point value of a “replacement player” as –6. This is the usual point value for a player in the bottom 10% of the league point values. A team made up of replacement players would lose by 5 × (6) = 30 points per game to an average NBA team. After noting that an ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required