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MLB Playoff Teams
2009


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St. Louis Cardinals

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Baseball Evaluation


2010 Team Payroll Value Index
2010 Team Payroll Value

Team Payroll Value Index 2010
Opening Day Rosters

Rank Team Actual Payroll 2010 SPRO Payroll 2010 Payroll Value Index 2010
1 San Diego Padres $37,799,300 $49,356,000 130.6%
2 St. Louis Cardinals $93,540,751 $114,241,000 122.1%
3 Minnesota Twins $97,559,166 $112,759,000 115.6%
4 Arizona Diamondbacks $60,718,166 $68,299,000 112.5%
5 Seattle Mariners $86,510,000 $96,969,000 112.1%
6 Washington Nationals $61,400,000 $68,403,000 111.4%
7 Cincinnati Reds $71,761,542 $76,951,000 107.2%
8 Philadelphia Phillies $141,928,379 $147,972,000 104.3%
9 Texas Rangers $55,250,544 $55,602,000 100.6%
10 Tampa Bay Rays $71,923,471 $70,986,000 98.7%
11 Boston Red Sox $162,447,333 $159,524,000 98.2%
12 Houston Astros $92,355,500 $90,458,000 97.9%
13 Los Angeles Dodgers $95,358,016 $90,360,000 94.8%
14 Pittsburgh Pirates $34,943,000 $33,005,000 94.5%
15 Milwaukee Brewers $81,108,278 $76,025,000 93.7%
16 New York Mets $134,422,942 $125,439,000 93.3%
17 Toronto Blue Jays $62,234,000 $57,086,000 91.7%
18 Kansas City Royals $71,405,210 $65,410,000 91.6%
19 Atlanta Braves $84,423,666 $76,612,000 90.7%
21 Colorado Rockies $84,227,000 $73,590,000 87.4%
22 Florida Marlins $57,029,719 $49,309,000 86.5%
23 Cleveland Indians $61,203,966 $51,897,000 84.8%
24 New York Yankees $206,333,389 $173,882,000 84.3%
25 Chicago White Sox $105,530,000 $88,074,000 83.5%
26 Los Angeles Angels $104,963,866 $87,507,000 83.4%
27 Oakland Athletics $51,654,900 $42,688,000 82.6%
28 Baltimore Orioles $81,612,500 $66,806,000 81.9%
29 Detroit Tigers $122,864,928 $86,358,000 70.3%
30 Chicago Cubs $146,609,000 $95,498,000 65.1%

Note: Team Payroll Value Index reflects ranking of Actual 2010 Major League Baseball Payroll on opening day versus SPRO Salary Projection values for the same players on the Opening Day roster.  SPRO takes into account Servicer Time, EXPEQ, PEVA, RAVE, and SPRO RAVE.  Source: Actual Payroll, USA Today Salary Database.


Team Payroll Value Index - 2010

April 17, 2010 - Which teams spent their money wisely in the offseason coming into 2010?  And do we really care as long as our teams win?  Those are really the two questions asked when a fan thinks about his team and their payroll.  Was that acquisition or contract wise?  Will the player perform up to the level of the contract?  How will that player make our team win?  Nobody would rather be the San Diego Padres in 2010 than the New York Yankees, so the fact that the Padres spent their meager dollars wiser really is of little consequence to fans in California who will be watching baseball games in the middle of the summer that have little hope to garnering playoff contention.  And the Yankees actually did pretty well this year anyway, spending at a level that while the highest in baseball, actually gives them a 84.3% Payroll Value Index number, which keeps them out of the bottom five in negative value.  They've actually been spending their money wiser in the last couple years than in seasons past, even though they still spend a lot of it and there's usually a bonus attached to a contract to induce players to the big apple.

The Team Payroll Value Index from baseballevaluation.com compares the actual money spent with the Salary Projection model estimates (SPRO), in order to come up with an index that takes stock of the salaries handed out, ranking them in the order of their effectiveness.  This does not represent who is the best team.  Low payroll or high payroll, you can spend your money well.  Good team or bad team, you can do the same.


Top Five
1. San Diego Padres - Yes, it is two years in a row that the fire sale Padres are getting value for those low Major League Service time players, as well as their best player, for now, Adrian Gonzalez.  Gonzalez is a bargain in 2010, paid $4.7 million when he could have gotten a salary in the range of $11 million.  Besides ability, that's one very good reason he'll likely be playing in another uniform by the trading deadline.  There's other good bargains here, too, but not of the same magnitude.  Think Yorvit Torrealba for example.  And with only one player getting more money than he'd likely get today in Chris Young, those young guns who will be running and pitching for the San Diego squad during 2010 will maximize that low payroll in wins.  It's just that there's not gonna be a whole lot of them.

2.  St. Louis Cardinals - On the other end of the spectrum, the St. Louis Cardinals rank number two on the Payroll Value Index, getting a 122.1% return on their preseason investment.  See, it is possible to be a good team and spend well.  Not unlike San Diego, their first baseman is also a great value.  Albert Pujols is the best player in baseball, and if he continues at this pace, will be regarded as one of the best players ever.  His current contract, which pays him a bit over $14.5 million in 2010 is well below what he would get today if signing a free agent level contract.  Probably in the range starting at the Joe Mauer numbers of $23 million plus.  But once again, Pujols is not the only Cardinal who is being paid at a level that works out for the club; Ryan Franklin, Chris Carpenter, Felipe Lopez, Trever Miller, Brad Penny, Dennys Reyes, and Adam Wainwright fall into that category, too, at one level or another.  So here's the answer of yes, the possibilities exist to pay folks well, but to get good production back, even on a good to very good team.

3.  Minnesota Twins - They've been regarded for awhile as a franchise that's good at maximizing its dollars and putting a product on the field that can contend for the division championship even when those dollars are less than others.  Now that the era of Target Field economics has come to the Twin Cities, it's good to see that eye for spending money does not seem to be changing even when the numbers rise.  At 115.6% Payroll Value, the Twins are doing well enough to finish as the #3 team in the best category. And they're a team that pretty much does it up and down the line, paying appropriate dollars for mid-level players while saving up cash for the Joe Mauers and Carl Pavanos of the world.

4.  Arizona Diamondbacks - This is a team that is moving up and they seem to be taking a prudent approach to their payroll, even though some of the most recent contracts to young players will test their ability to measure who's going to improve or not.  But that's not unusual, in fact, it's imperative for a club to make those decisions early.  You just hope they're the right ones.  At 112.5%, the Diamondbacks are getting a 12.5% bonus for spending their money well.  Let's see how many wins this adds up to now.

5.  Seattle Mariners - They're spending money now, and it seems to be on good players such as Felix Hernandez and Cliff Lee, and not below great players such as Adrian Beltre and Richie Sexson.  This team seems ready to contend.
 And if Cliff Lee comes off the disabled list and regains the form of the past two years, you could be seeing playoff baseball in the northwest in the fall of 2010.

Bottom Five
26.  Los Angeles Angels - We're really not sure what the Angels are doing sometimes, even though we realize that a good farm system allows them to make certain choices and still contend.  But we've got to wonder about their payroll accuity when they hand out contracts to folks like Fernando Rodney at numbers above prudent.  Who else was going to spend that much for him?  However, it's not like they always spend at higher than necessary levels for players; last year's addition of Bobby Abreu was a steal. But before that we thought the Torii Hunter numbers were way too high. However, so far they've been winning, so I guess we should just sit back and see where all this leads before we really consider how the payroll is being spent over a number of years.  This year, though, they make it into the bottom five.

27.  Oakland A's - They're usually at the other end of lists like this and regarded as perhaps the best perveyors of gathering talent at a low price.  But every once in awhile, they test that theory with a free agent acquisition at high numbers, at least for a short amount of time.  This year they are trying that with Ben Sheets.  We'll have to see whether Sheets is really a $10 million pitcher for Oakland or another contender if traded.

28.  Baltimore Orioles - In many ways, we like what Baltimore has been doing, particularly as they develop players like Adam Jones, Nick Markakis,  and Matt Wieters into stars.  But then they turn around and sign Miguel Tejada, which we thought was good, and Kevin Millwood, which we didn't understand.  We're confused a bit to say the least.  And the numbers state that their Payroll Value Index isn't really very good, getting only 81.9% value for their payroll.  What direction are they going?  We don't know, but we think they'd be better off in a development arena for now.

29.  Detroit Tigers - We just think they've spent too much money on too many established players.  At only a Payroll Value percentage of 70.3%, that seems to be playing itself out.  Magglio Ordonez, Dontrelle Willis, Carlos Guillen, and Jeremy Bonderman are all being paid, one could argue, double  or higher than their actual worth.  Luckily for the Tigers, they still may have enough talent to win, with players like Justin Verlander and Rick Porcello leading their pitching staff, but it wouldn't be a bad idea for the accountants to be in on a few more contract negotiations, at least in our opinion.

30.  Chicago Cubs - We just don't think the Cubs are spending money wisely at all.  We thought this back when Alfonso Soriano was signed and think even more so today.  Sometimes a player with no plate discipline isn't as good a player as you think, or at least not as valuable as you seem to be willing to pay.  People need to get on base for those behind them to knock them in, don't they?  And if he was the only one underperforming his contract, that might be okay.  But nobody would be paying Carlos Zambrano, Fukudome, Aramis Ramirez, or Carlos Silva those numbers if they didn't have to, now would they?  ...  Okay, maybe in Cubland they would.

For salary projections and player ratings for every player in Major League history, get Stat Geek Baseball 2010.


Payroll Value Index 2010
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TOP TEN
Baseball Payrolls
2010

1.    New York Yankees    $206,333,389
2.    Boston Red Sox    $162,447,333
3.    Chicago Cubs    $146,609,000
4.    Philadelphia Phillies    $141,928,379
5.    New York Mets    $134,422,942
6.    Detroit Tigers    $122,864,928
7.    Chicago White Sox    $105,530,000
8.    Los Angeles Angels    $104,963,866
9.    San Francisco Giants    $98,641,333
10.    Minnesota Twins    $97,559,166

Source: USA Today Salary
Database
 
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