CHART: Amount Spent On NFL And MLB Free Agents Is Not Nearly As Similar As It Appears
On the surface, it appears that the NFL and Major League Baseball spent nearly the same amount of money on free agents this winter, with teams from both leagues dishing out contracts worth in excess of $2 billion. But that spending looks a lot different if we consider the true value of the deals.
In the NFL, only 38.7% of the $2.0 billion in free contracts is actually guaranteed. In contrast, 92.2% of the $2.4 billion spent on MLB free agents is guaranteed.
On top of that, if we consider that there were nearly twice as many NFL free agents (274 vs 140), it becomes clear that the total amount spent is not nearly as similar as it appears.
BusinessInsider.com
Data via MLBTraderumors.com, BaseballProspectus.com, and Spotrac.com
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- FSSAI in process of collecting pan-India samples of Nestle's Cerelac baby cereals: CEO
- India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030
- Top 5 places to visit near Rishikesh
- Indian economy remains in bright spot: Ministry of Finance
- A surprise visit: Tesla CEO Elon Musk heads to China after deferring India visit
- Unemployment among Indian youth is high, but it is transient: RBI MPC member
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market