An Update on Actual Spending to Date
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08-12-2005, 01:00 PM
Join Date: Mar 2005
Location: Hamilton, Ontario
Here is an updated spending calculation:
Players signed: 489
Aggregate Salary: $725.3 million
Number of Players With Salary "Undisclosed": 61 (mostly fringe-ish players, but a couple of star-level guys)
Average Salary So Far For "Disclosed" Salaries: $1.69 million
The current projections allow for $1.7 billion in revenues. 54% of that is $918 million. After subtracting $66 million for benefits, available spending before an escrow would be required is $852 million.
This leaves about $127 million for the 61 undisclosed guys and the 200 other guys (including RFA's, etc.).
I note that the average salary of disclosed signees is creeping dow, as might have been predicted.
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