AFL v NBA. Why Matthew Dellavedova earns less than Buddy Franklin

This story originally appeared in Crikey and is now out from behind the paywall. Here’s a quick excerpt:

Delly is not the star of the Cavaliers. Or he’s not supposed to be, anyway.

His team includes LeBron James, named four times the NBA’s most valuable player and a basketballer many say is the best of his generation.

James’ pay is the sixth highest in the NBA. In 2014-15 he made US$20.6 million. His next highest paid teammate on the Cavaliers made US$15.7 million. Dellavedova got US$816,000. Then you have to add in endorsements. James made $44 million this year.

NBA pay is always an issue.

The NBA has a Gini coefficient of 0.52, according to one estimate, making it more unequal than Mexico

Every team has players that make as much as top CEOs, living, travelling, eating and playing alongside players who make a lot less. (The lowest paid player in the NBA in 2014-15 got US$29,000, according to ESPN statistics. David Stockton was on court for 26 minutes this year, took 9 shots and made 7 points).

For comparison, here’s AFL player pay.  The distribution has a stronger centre. (And the numbers are a lot lower!)

Screen Shot 2015-06-15 at 8.49.04 am Screen Shot 2015-06-15 at 8.48.52 amPlease go check out the full version over at Crikey.

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thomasthethinkengine

Thomas the Think Engine is the blog of a trained economist. It comes to you from Melbourne Australia.

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