The information superhighway has been slammed with Bobcats related material the last couple of days, as people opine about Charlotte resigning Emeka Okafor – finally. Here are some of links that I thought were worth while:
Dave Berri weighs in at the Wages of Wins Journal: Okafor finally signs. Considering how much win score favors rebounding, Berri naturally was in favor of the deal. But, not without reservation:
So Bogut and Okafor are both receiving $12 million per season. Here was my first thought when I saw the two deals were basically the same: That seems wrong. One of these players is much more productive. At least, thats what I see when I glance at the numbers. (further down) Now if Okafor can stay healthy, it seems likely the Bobcats will got more bang for their buck. But Okafor's history with injuries – his fourth season was the first time he played in 82 games – probably cost him some money.
Rufus on Fire also takes a gander at Okafor's new money – and then tries to decide how overpaid Emeka is going to be. I just want to put together a couple of numbers and links to offer the counterpoint:
1. According to the Wages of Wins post The Most Overpaid in the NBA in 07-08, the average salary last season was $4.56M and teams paid $1.67M per win.
2. When using PER as a measure, each additional point adds one win over the course of 2000 minutes. In 07-08, Emeka played 2719 minutes and had a PER of 17.4 – 2.4 over average: Using these numbers, Emeka contributed 3.3 wins over the average player. Which would mean he “earned” $4.56M + 3.3 * $1.67M = $10.1M. Verdict – Overpaid by $2M.3. However, in 06-07, those numbers were 2329 minutes, 20.1 PER, and 5.9 wins. Which becomes $4.56M + 5.9 * $1.67M = $14.4M. Verdict = Underpaid, despite playing fewer minutes.
4. When using WinScore to evaluate, an average player contributes 8.2 wins, assuming he plays every single minute of every game. Just for fun, we will stick with that as a comparison.
5. 07-08 for Emeka: 2719 minutes, 0.202 WS48 = 11.4 wins. 3.2 over average. So, nearly identical to what we got using PER, so again Emeka is slightly overpaid at $12M when producing as he did this year.
6. But, same great results in 06-07. 2329 minutes, 0.290 WS48 = 14 wins. 5.8 over average. So, Emeka goes back to being criminally underpaid.
If I was a gambling man, I would wager that Emeka bounces back some this coming season. And, if he stays healthy, I think the Bobcats will be getting the better of this arrangement. Not by a lot, but I do not think Emeka should be considered overpaid.
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