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Baseball Salaries

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Shared by: sammyc2007
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Baseball Salaries How Statistics Help Us Understand the Game How do numbers make baseball more fun?  Baseball is a game with lots of numbers.  We can use statistics to compare different players and teams. We can find statistics easily on baseball cards and in the sports sections of daily newspapers. Statistics give us a common language. Baseball Salaries  Are baseball player salaries out of control?  Do players get paid a reasonable amount for the work they do?  Are salaries related to how well players actually play? Year Avg. Salary 1,062,780 1,154,486 1,094,440 1,101,455 1,314,420 1,384,530 1,724,310 1,983,849 2,138,896 2,301,469 2,376,577 Important Statistics and Why  Number of home runs: People want to see home runs—home runs are exciting, and teams will pay for players who can hit home runs  Batting average (Hits/At Bats): Most common statistic when comparing players  Slugging percentage (Total Bases/At Bats): Measures the average number of bases a player advances for each time at bat Data Can Be Analyzed in Different Ways  Data can be represented in tables and by graphs. Sometimes comparing numbers in a table is easy, but other times you can learn more by looking at data in a graph. Tables: You can scan numbers easily. Graphs: You can see patterns or trends easily. Player Comparison Player Team G AB R H 2B 3B HR RBI BB SO AVG SLG Salary (2004) Barry Bonds Giants 147 373 129 135 27 3 45 101 232 41 0.362 0.812 $18,000,000 Tino Martinez Devil Rays 138 458 63 120 20 1 23 76 66 72 0.262 0.461 $7,500,000 Alex Rodriguez Yankees 155 601 112 172 24 2 36 106 80 131 0.286 0.512 $21,726,881 Jeff Bagwell Astros 156 572 104 152 29 2 27 89 96 131 0.266 0.465 $16,000,000 Ichiro Suzuki Mariners 161 704 101 262 24 5 8 60 49 63 0.372 0.455 $6,528,000 Home Runs vs. Salary Shows a fairly positive correlation: As number of home runs increase, salary tends to increase Home Runs vs. Salary $25,000,000 $20,000,000 36 27 45 Salary $15,000,000 $10,000,000 $5,000,000 $0 0 10 20 8 23 30 40 50 Hom e Runs Player Barry Bonds HR 45 Salary (2004) $18,000,000 Tino Martinez 23 $7,500,000 Alex Rodriguez 36 $21,726,881 Jeff Bagwell Ichiro Suzuki 27 8 $16,000,000 $6,528,000 Batting Average vs. Salary  Seems to have somewhat of a positive correlation: Ichiro Suzuki is an outlier (he has a high batting average but gets paid quite a bit less than other players) Batting Average vs. Salary $25,000,000 $20,000,000 0.286 0.266 0.262 0.362 Salary $15,000,000 $10,000,000 $5,000,000 $0 0.24 0.372 0.29 0.34 0.39 Batting Average Player AVG Salary (2004) Barry Bonds 0.362 $18,000,000 Tino Martinez 0.262 $7,500,000 Alex Rodriguez 0.286 $21,726,881 Jeff Bagwell Ichiro Suzuki 0.266 0.372 $16,000,000 $6,528,000 Slugging Percentage vs. Salary  Appears to have a strong positive correlation: The higher your slugging percentage, the higher your salary (Barry Bonds is an outlier—his slugging percentage falls outside of the other players) Slugging Percentage vs. Salary $25,000,000 $20,000,000 Salary $15,000,000 $10,000,000 $5,000,000 $0 0.4 0.5 0.6 0.7 0.8 0.9 Slugging Percentage Player SLG Salary (2004) Barry Bonds Tino Martinez Alex Rodriguez 0.812 0.461 0.512 $18,000,000 $7,500,000 $21,726,881 Jeff Bagwell Ichiro Suzuki 0.465 0.455 $16,000,000 $6,528,000 Comparison of Team Salaries  Some of the big name teams have more money to pay their players.  The median salary (middle salary) also varies, but Yankees and Mariners are not far apart.  You need to pay attention to the scale of graphs, because they can mislead you. Comparison of Team Salaries $200,000,000 Salaries (2004) $150,000,000 $100,000,000 $50,000,000 $0 San Fransico Giants Tampa Bay Devil Rays New York Yankees Houston Astros Seattle Mariners Teams Comparison of Median Salaries Median Salaries (2004) $3,500,000 $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 San Fransico Giants Tampa Bay Devil Rays New York Yankees Team s Houston Astros Seattle Mariners Conclusion  A few players get paid a lot of money.  The salary doesn’t always depend on how good a player is—some players are good and don’t get paid high salaries.  The league needs to control the salaries so more players can get paid better based on their statistics. Player Salary (2004) Salary Per Game (162 games) Barry Bonds $18,000,000 $111,111 Tino Martinez $7,500,000 $46,296 Alex Rodriguez $21,726,881 $134,117 Jeff Bagwell $16,000,000 $98,765 Ichiro Suzuki $6,528,000 $40,296 Sources Baseball Almanac www.baseball-almanac.com USA Today Salaries Databases http://asp.usatoday.com/sports/baseball/salaries/default.aspx www.usatoday.com/sports/baseball/salary/avgsal.htm Slam Sports: Baseball Salaries List www.canoe.ca/BaseballMoneyMatters/salaries_players.html ESPN http://sports.espn.go.com/mlb/players
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