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Showing posts from March, 2016

Why We Can Do a Better Job Valuing NHL Players

Valuation Today Like most things associated with professional sports there are lots of opinions on how much athletes get paid. Unfortunately, there are very few people who have ever been trained in valuing anything so these opinions don't tend to be very good. Just look at  this article where the author barely even bothers to produce comps (comparable player contracts) to justify his assertions - mostly he just talks about how bad the players are. Other opinions at least tend to be based on comparables, like this one , but often the players chosen don't work very well because they were signed at different times, have different free agent statuses, or they simply omit players that don't conform with the view they are trying to prove. My favourite comments on this subject though come from people who aren't fans and just want to moralize on why athletes are paid so much ... https://www.youtube.com/watch?v=orhFVgzI_bw Prior to the Salary Cap Before the NHL instit