Top 10 overpaid NBA players: Is Kobe Bryant No. 1?

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kobe bryant 300x200 Top 10 overpaid NBA players: Is Kobe Bryant No. 1?Is Kobe Bryant of the Los Angeles Lakers overpaid?

Sports fans hold strong opinions about which pro basketball players deserve their massive salaries, and which ones don’t. One fan, however, has gone further than the average barstool commentator –- Southern Utah University economics professor David Berri.

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According to Berri, NBA players are paid for high scoring, so the more points an athlete racks up, the more money he earns. Berri believes that this overlooks other factors that contribute to a victory, such as shots taken, turnovers, rebounds and fouls.

These and other elements are included in the “Wins Produced” algorithm.

“Wins in basketball are primarily about a team’s ability to get and keep possession of the ball and then turning those possessions into points,” Berri told CNBC.com in an e-mail. “In 2011-12, NBA teams paid $1.9 billion for 990 regular season wins. This means that the cost per win was $1.946 million. Given the cost of each win and knowing both how many victories each player produced and his salary allows us to see which players were overpaid.”

All salary information was provided by Berri, who used data from the NBA draft projection site DraftExpress.com and from basketball analyst Patricia Bender. All data was compiled by Berri’s colleague Arturo Galletti.
Check out David Berri’s 10 most overpaid players in the NBA.

 

The list:
10. Tyrus Thomas, Charlotte Bobcats (overpaid by $12,459,225)
9. Deron Williams, Brooklyn Nets (overpaid by $12,784,867)
8. Dirk Nowitzki, Dallas Mavericks (overpaid by $12,851,295)
7. Corey Maggette, Charlotte Bobcats (overpaid by $12,862,248)
6. Mehmet Okur, Brooklyn Nets (overpaid by $12,988,657)
5. Chris Kaman, New Orleans Hornets (overpaid by $14,613,480)
4. Amar’e Stoudemire, New York Knicks (overpaid by $14,918,309 )
3. Antawn Jamison, Cleveland Cavaliers (overpaid by $17,402,350)
2. Kobe Bryant, Los Angeles Lakers (overpaid by $19,693,258)
1. Rashard Lewis, Washington Wizards (overpaid by $21,167,231)

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  • MotaMan310

    From a stats point of view yes Kobe is overpaid but looking at it from a owner’s point of view he is underpaid because of the amount of money that he brings due to his high profile.

  • http://twitter.com/dwitecarter dwite

    this offer is pretty dull to say the best player of the generation Kobe Bryant is overpaid……really

  • Bo Goodman

    Kobe won’t ever be LA’s coach,you can count on that…..really

  • Brian

    They are all overpaid. If these guys actually got called for fouls, traveling, 3-seconds etc, etc – none of them would have a game. The ‘game’ is entertainment – not basketball. Last time I checked you don’t get to shuffle your feet on a post move or get three steps to the basket.

  • kev

    how did joe johnson not get on this list??

  • vern

    I agree with all except Kobe Bryant. Bryant is to clutch to be considered overpaid.He’s near the tops of almost every category a player could have, Actually, they all are overpaid but since that’s the salary owners have chosen to pay I think Bryant earns his.