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Current WBA labor expenses.
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Topic: Current WBA labor expenses. (Read 1797 times)
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Coop
Team Owner
Sr. Member
Posts: 475
Current WBA labor expenses.
«
on:
September 02, 2019, 09:18:48 AM »
Since it's Labor Day, this is a good time to look at WBA labor costs. Actually I'm doing it mainly because it's a holiday and I've got free time, but whatever.
I've reviewed the current payrolls and budgets of all 20 WBA teams. I'll now present my findings. Spoiler alert - league owners are being very fiscally responsible. (Cough tightwads cough.) Quite a few owners are going to have cash to burn above the $50 million limit, I'd say. Nobody is spending like a drunken sailor, or a sober Congressman. So nobody in the league has a future in politics.
Of the 20 WBA teams, only 7 are over budget. The other 13 are spending less on payroll than their budget allows. I expect a player strike over the issue of collusion any day now.
The teams with the most excess cash are Melbourne ($32.7m) and Puerto Rico ($30.7m). I'm rounding these numbers, of course.
The teams who are over budget by the largest amounts are Northwest ($12.1m) and Karachi ($10.9m).
Here's the complete list, from most excess cash to least:
Melbourne 32.7 under budget
Puerto Rico 30.7 under budget
London 28.2 under budget
Mumbai 27.9 under budget
Los Angeles 21.4 under budget
Barcelona 20.6 under budget
Carolina 20.5 under budget
Black Forest 18.2 under budget
Buenos Aires 16.4 under budget
Manila 9.3 under budget
Shanghai 4.8 under budget
Ottawa 4.0 under budget
Paris 0.6 under budget
-
Mexico City 0.1 over budget
Rio de Janeiro 0.6 over budget
Santo Domingo 2.0 over budget
Rome 3.0 over budget
Sao Paulo 6.7 over budget
Karachi 10.9 over budget
Northwest 12.1 over budget
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Echo127
Team Owner
Sr. Member
Posts: 462
Re: Current WBA labor expenses.
«
Reply #1 on:
September 02, 2019, 05:58:39 PM »
26 players are earning more this year than the entire Melbourne roster combined.
Edit: And 18 of those 26 players are in the ABL. Is the IBL full of tanking teams right now?
«
Last Edit: September 02, 2019, 10:05:45 PM by Echo127
»
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claphamsa
Former Owner
Sr. Member
Posts: 384
Re: Current WBA labor expenses.
«
Reply #2 on:
September 03, 2019, 02:51:44 PM »
I would say NW is spending money like a congressman!
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CaseyBlakeDeWitt
Team Owner
Sr. Member
Posts: 298
Re: Current WBA labor expenses.
«
Reply #3 on:
September 03, 2019, 04:31:10 PM »
This is great, Coop.
Seems like the league has realigned itself since the addition of arbitration now. Will be interesting to see how folks react to there being a ton of excess cash again
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Coop
Team Owner
Sr. Member
Posts: 475
Re: Current WBA labor expenses.
«
Reply #4 on:
September 03, 2019, 05:30:15 PM »
Yeah, things have come full cycle with regard to finances. Years ago everybody had a ton of excess money; then the free-agent rules were changed, there was a lot of spending, and the excess money disappeared. Now we've got a lot of excess money again. Not sure what will happen next. Maybe some free agents will cash in big this fall.
It's a matter of opinion as to whether anybody is overspending significantly, I guess, but I find it interesting that we've got 9 teams that are UNDER budget by $15 million or more, and zero teams that are OVER budget by $15 million or more.
Does anybody feel that this indicates a problem? Or does it simply indicate that people are being careful about their spending?
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APMP
Team Owner
Sr. Member
Posts: 320
See ball, hit ball, home run.
Re: Current WBA labor expenses.
«
Reply #5 on:
September 03, 2019, 07:37:01 PM »
It indicates free agency is broken because the players all keep declining the best offers to play in Mumbai
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Huckleberry
Administrator
Hero Member
Posts: 3300
Re: Current WBA labor expenses.
«
Reply #6 on:
September 03, 2019, 07:49:42 PM »
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CaseyBlakeDeWitt
Team Owner
Sr. Member
Posts: 298
Re: Current WBA labor expenses.
«
Reply #7 on:
September 06, 2019, 12:06:07 AM »
I suppose it is a matter of opinion, but I do think it’s a negative if teams are spending way under their budget limit. Particularly if they’re at a point where they’re edging towards that excess cash position.
Spend that money and attempt to win baby
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