Some Links, Thoughts...And a Chance to Win Prizes!!!


Well, hello there everyone! I’m so glad to see you all back. I hope you’re holiday weekend was excellent. So, this whole lockout and CBA mess is still awful. But I’ve decided we need to have a little fun and mix things up slightly, so later on in this post I have a contest for all of you. But first, an interesting read on player salaries.

Arturo Galletti, over at the fantastic Wages of Wins (seriously, the site is amazing), has a great chart on which players are overpaid and underpaid in the league.

Things of note from the chart:

-The Hornets look great in the chart. They rank 10th in net value and the highest overpaid player they have (Willie Green) clocks in at 75th. This means the contracts they have been giving to players are fair and the team tends to avoid salary cap-killing deals.

-Remember when the Cavs traded for Antawn Jamison in a mid-season-midlife-crisis-panic to appease their star player? Yeah, his 13.3 million contract ranks him the 5th most overpaid player. Moral of the story: Don’t make moves just to make moves and shake things up. I know the Hornets have been quite this offseason and it’s aggravating. But Dell Demps isn’t going to make a rushed move just because he thinks it will help keep his star player. It’s a strategy which doesn’t work out. Toronto brought in Jarrett Jack because he was good friends with Chris Bosh and it didn’t work there either.

-David West ranks as the 129 underpaid player. According to the chart (which is by no means a true indicator of a players value) fair value for West is $10 million. That seems slightly on the low end of what he’ll ask for. Demps is a very smart GM and I’m very curious to see what the offer for West will be.

-I agree that Kevin Love has to be the most underpaid player in the league. He is a rebounding beast.

-It is strange to see Dwight Howard and Lebron James ranked as the 2nd and 3rd most underpaid players when both are making over $14.5 million. That just goes to show you how good both are.

-There are almost no surprises on the overpaid list.

My best 42 impression with a couple of more links and a CONTEST after the jump. Let’s do this…

Various:

-Congratulations to Phil and Jen on their wedding this weekend! Everyone had a great time in Louisville and the wedding was beautiful.

-Like Larry Coon, Nate Silver is skeptical of David Sterns’ claims that the NBA is losing money. [UPDATE] The NBA has responded to the article.

-Whose going to the Running of the Bulls this weekend in New Orleans?

-John Smallwood points out that while the players are taking a hard stand, they will eventually give in more and more.

-Israel Gutierrez points out that the big owner vs. owner fight is still to come.

Okay, Contest time!!!!

There is nothing fun about this lockout. I know we all desperately want to talk about which players the team should sign and trade for, but we can’t because of the lack of a CBA. So, while we can still talk about basketball, how about we bring a few other topics into the mix?

I would love to do a mailbag post. So, email or tweet me your questions (or any other way you know to reach me)!!! Questions about anything, NBA related or not. Need some help with your English schoolwork? Curious to see if I can answer your best trivia questions? Will Chris Paul be a Hornet in 2 years? Need some dating advice? Email me at [email protected] or tweet me at @nolajake. Let’s have some fun.

The three best questions will win some Hornets prizes:

-First place will win a Hornets basketball and Mardi Gras Beads.

-Second place will recieve a deck of Hornets playing cards and a Believe in Blue wrist band.

-Third place will win a Hugo ornament.

Get to it! Send in any questions you want.

We have a nice short week. It’s Wednesday already, hump day. Go big today, close your deals, book some business, but don’t hurt yourself, the rest of the week will only get easier. I’ll leave you with this…

Tags: Antwan Jamison Chris Bosh David West Dwight Howard Jarrett Jack Kevin Love Lebron James NBA New Orleans Hornets Willie Green

  • http://PKS.org Sam

    The overpaid/underpaid concept is fun to think about, but Galletti’s analysis is a lot of wasted effort. I’m willing to put aside my belief that putting a universal dollar amount on a win is flawed considering some franchises are willing to flirt with the luxury tax while others don’t even want to approach the cap. My real problem is with the use of the Wins Produced statistic. Virtually no one uses this statistic, and it is obviously flawed. Any basketball stathead will tell you the telltale sign of a bad value metric is whether Kevin Love ranks first this past season. Sure enough, Kevin Love should command the largest contract in the NBA according to Arturo Galletti.

    A similar, but wore widely accepted statistic is Win Shares. Kevin Love’s Win Shares for 2011 was a more appropriate 11.4. For context, Lebron weighed in at 15.6 while Lamarcus Aldridge measured at 11.1. Using Galletti’s method, the vast majority of players making the veteran’s minimum are overpaid, while any superstar doing their job is underpaid with a max deal. The rankings don’t show who’s overpaid and who’s underpaid, just that Galletti has a problem with the salary structure under the past CBA.

    Interesting read regarding NBA franchises’ financial reporting: http://deadspin.com/5816870/exclusive-how-and-why-an-nba-team-makes-a-7-million-profit-look-like-a-28-million-loss

    My question: Obviously New Orleans made the playoffs this past year, but many would agree that the Hornets are in the dreaded middle of the pack wasteland (like my Sixers recently) that is very hard to get out of without blowing up the team. Logically moving CP3 would make a lot of sense, but for a team at risk of needing to relocate, star power is crucial. What direction makes the most sense for the Hornets in the long run? What do(es) you/the city of New Orleans want the organization to do?

    • dathrone

      I agree with you how is this guy assigning wins. Just throwing stats into a calculator doesn’t make it right.

      As far as CP3. We have to a) hope a new CBA is done. b) hope it’s one that allows us to bring in some key pieces c) trade Okafor contract for somebody who can help this team more.

    • http://swarmandsting.com Jake Madison

      Yes and no. Any advanced statistic has flaws. There are many people who don’t like win shares, and even PER, the most widely accepted catchall stat, is skewed towards offensive players. Even going by Win shares Love shows he’s one of the most underpaid. Lebron has a net value of around 10 million while Love is around 15 million. Love is getting 3.6 million and puts up 20 and 15. His -total rebound % leads the league at 23.6. He’s underpaid.

      What that chart does is put all players through the same perspective. While I agree it is not the best method of determining a players value, you can judge one player against another by the same criteria. Just like PER or any other advanced stat does. But when it comes down to it there is of course more than that. You need to watch them play. Intangibles like leadership and work ethic play a factor. All these need to be evaluated when determining a players value. But never the less, this is interesting to see how teams stack up against one another. And the Hornets by comparison look very good. Discounting CP3, not one player is on an extreme end of either side. To me that shows how good a job Demps is doing of assembling an competitive roster at a reasonable price. Just imagine what he could do with a CBA that adds more competitive balance to the league.

      • http://PKS.org Sam

        I agree on all counts. I personally have trouble accepting a lot of the widely used metrics. For example, the very simple and widely used Assist to Turnover Ratio (or more advanced Pure Point Rating) rely on a balance of two (or more) statistics that aren’t entirely a function of one another. If I take an extra step then I’m credited with a turnover. This doesn’t necessarily have anything to do with my ability as a facilitator, yet it negatively affects my “facilitator metrics.” This is why the “eyeball test” is the best method of judging a player when used in conjunction with statistics, and taken with a grain of salt.

        • dathrone

          To add to your point as it relates to the Hornets. Okafor who I think has a top 10 bad contract was in the middle of the pack using this formula.

          What his number don’t take into account is how did this person get those stats were those points assisted or did he use his offensives skills to score? Is there another big time rebounder on the team or is he the only decent rebounder on the court. Things like that have to be put through the “eyeball” test.

  • lucas

    Great! I sent my questions…

  • http://swarmandsting.com Jake Madison

    I’ve been getting some interesting and hilarious questions. Keep them coming!