Tuesday, August 12, 2008

What is the average NHL salary?

I'm working on a few things that should be ready for tomorrow, but consider this a small preview:

A few things to note:
  • this is the average based on players' hits against the cap for players with 10 or more games played (as per nhlscap.com)
  • the 2008-09 figure will likely drop slightly as more entry-level and league minimum contracts are signed next month
  • the league's average's salary in 2003-04 was about $1.85-million
There's a more detailed salary analysis to come. Let me know if there's something you'd like to see.



At 3:48 p.m., August 12, 2008, Blogger wrap around curl said...

I'd be curious to the see the salaries on a bell curve. But I am a dork who thinks things like bell curves and standard deviation is interesting.

At 4:33 p.m., August 12, 2008, Anonymous RinkRaith said...

Median Salary is more interesting in my mind (50% of players make less, 50% of Players make more). It takes Ovechkin's (and others very high priced talent) and weights them more appropriately.

At 4:33 p.m., August 12, 2008, Blogger Earl Sleek said...

It may be outside of your scope, but I think it would be interesting to do this sort of analysis both on average cap hit and on actual dollars spent.

I don't even know if it would be very different, but I'm a bit more interested in actual dollars than some silly CBA cap math that can be Lecavalier-style-manipulated.

At 4:52 p.m., August 12, 2008, Blogger James Mirtle said...

I knew someone would bring that up but I honestly doubt it would be significantly different. What using cap hits does is take some of the year-to-year variations out of the mix (i.e. $10-million for Vanek in Year 1) that really skew things.

Cap hit is the figure that applies against the salary cap, and it's really what teams base their salary structures around. You'll see what I mean with the next posts.

At 4:53 p.m., August 12, 2008, Blogger Kel said...

And don't forget escrow, which is as important in determining real salaries. What's the final percentage for 07-08, the net amount the owners took back from the players after revenues are totaled?

At 5:02 p.m., August 12, 2008, Blogger Earl Sleek said...

What using cap hits does is take some of the year-to-year variations out of the mix (i.e. $10-million for Vanek in Year 1) that really skew things.

It's true, and I could see a merit for either analysis, frankly.

Still, I wonder what the effect is on this averaging -- how much more or less than its cap hit is the league spending thanks to its creative CBA calculations?

Clearly the $10M anomalies are tougher to deal with, but those dollars do get in somebody's pocket.

At 5:09 p.m., August 12, 2008, Blogger James Mirtle said...

Kel has a good point on escrow, as I don't believe we've seen those numbers. It would be a unified shift on the average salary, but one that would change each season.

I can try and track them down.

At 5:14 p.m., August 12, 2008, Anonymous Ryan said...

Personally, I'd be most interested to see this broken down by position.

At 5:23 p.m., August 12, 2008, Anonymous Anonymous said...

I'm just a happy person so I'll take what James gives us. It's not like he is raking in huge dollars with this blog. Thanks in advance.

At 7:50 p.m., August 12, 2008, Blogger J. Michael Neal said...

Nitpick time: It's generally considered good form to label a graph where one of the axes starts at a different value than zero. That can fool people.

At 8:45 p.m., August 12, 2008, Blogger James Mirtle said...

There are some problems I can't help you with if that graph fooled you.

At 11:20 p.m., August 12, 2008, Anonymous pacquiao vs. de la hoya said...

Professional athletes are really paid very well especially those sports that are famous and most watched by the public. I am a frustrated professional athlete and it just makes me frustrated seeing that rate.

At 8:58 p.m., August 15, 2008, Anonymous Anonymous said...

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