Saturday, April 23, 2011

Bargain or Bust: The 2010 Giants Salaries


The Giants last season were very much feast or famine in getting value from their players. They had some huge bargains and some huge busts but not a lot of players that earned what they "deserved."

This is pretty interesting to me and I wonder if this is a normal occurrence around baseball or if the Giants were a special case last year. Unless someone knows off the top of their head, that could be something interesting to look at another day.

Here are the 2010 Salaries, WAR turned into Value ($4.25 million per win), and then the difference.

Name
WAR
Salary
Marginal Value
Difference
6
$ 426,000
$ 25,500,000
$ 25,074,000
5.7
$ 3,000,000
$ 24,225,000
$ 21,225,000
3.9
$ 400,000
$ 16,575,000
$ 16,175,000
5.1
$ 9,000,000
$ 21,675,000
$ 12,675,000
4
$ 4,583,333
$ 17,000,000
$ 12,416,667
2.7
$ 300,000
$ 11,475,000
$ 11,175,000
3.2
$ 3,250,000
$ 13,600,000
$ 10,350,000
2.6
$ 2,100,000
$ 11,050,000
$ 8,950,000
2
$ 400,000
$ 8,500,000
$ 8,100,000
1.9
$ 465,000
$ 8,075,000
$ 7,610,000
2.7
$ 6,000,000
$ 11,475,000
$ 5,475,000
2.7
$ 6,500,000
$ 11,475,000
$ 4,975,000
1.2
$ 416,500
$ 5,100,000
$ 4,683,500
0.9
$ 400,000
$ 3,825,000
$ 3,425,000
0.7
$ 405,000
$ 2,975,000
$ 2,570,000
0.5
$ 416,500
$ 2,125,000
$ 1,708,500
0.4
$ 400,500
$ 1,700,000
$ 1,299,500
0.3
$ 417,000
$ 1,275,000
$ 858,000
0.3
$ 750,000
$ 1,275,000
$ 525,000
0.2
$ 4,000,000
$ 850,000
$ (3,150,000)
1.3
$ 10,000,000
$ 5,525,000
$ (4,475,000)
2.1
$ 18,500,000
$ 8,925,000
$ (9,575,000)
0.5
$ 13,600,000
$ 2,125,000
$ (11,475,000)

It isn't surprising (or at least shouldn't be if you watched the team last year), but Rowand and Zito are the worst offenders, with Huff and Torres leading the team. Torres is unreal; according to this calculation, he was worth nearly 60 times what the Giants paid him!

What was most surprising to me is only two guys were within $1 million of their pay and value. Even then, Mota, who is closest, was worth 70% more than what the Giants paid him.

All very interesting.

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