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Red Wings deemed smartest spenders in NHL

Aug 31, 2012, 3:20 PM EDT

Ken Holland

Our congratulations to Detroit GM Ken Holland. The man knows a bargain when he sees one.

According to Businessweek, the Red Wings have been the “smartest spenders” in the NHL over the past five seasons.

Counting all four major leagues (NHL, NBA, NFL, MLB), the smartest-spending franchise is the Tampa Bay Rays.

The ranking is based on payroll per wins, with bonuses for “wins above .500, playoff wins, and championships.”

For example…

In their Super Bowl winning season in 2011, for instance, the New York Giants got credit for 9 regular season wins, plus a .5 game bonus for their ninth win—the one that put them above .500. Their 4 playoff wins earned them 6.4 more wins. And the Super Bowl victory 8 more, for a total of 23.9 “weighted” wins.

We’re not sure why “wins above .500” get bonus points (a regular-season win is a regular-season win, no?), but here are the full NHL rankings anyway:

1. Detroit
2. Pittsburgh
3. Boston
4. Chicago
5. San Jose
6. Los Angeles
7. Philadelphia
8. Vancouver
9. Nashville
10. Washington
11. New Jersey
12. Phoenix
13. Montreal
14. NY Rangers
15. Dallas
16. Anaheim
17. Tampa Bay
18. Carolina
19. St. Louis
20. Colorado
21. NY Islanders
22. Florida
23. Buffalo
24. Ottawa
25. Winnipeg
26. Minnesota
27. Calgary
28. Columbus
29. Edmonton
30. Toronto

Again, the above ranking comprises the last five seasons. So to be fair to Brian Burke, he’s only just heading into his fifth season as Leafs general manager. I believe they call it “setting the table.” They’ll probably win the Stanley Cup next year.

PS — The worst spending of all 122 major-league teams are the St. Louis Rams.

  1. redwingsfan999 - Aug 31, 2012 at 3:34 PM

    They should be first out of all sports

    • leeeroooyjeeenkiiins - Aug 31, 2012 at 6:11 PM

      The Rays have made the playoffs 3 out of the last 4 years despite being on a division with two teams that have payrolls 3 to 4 times larger than theirs. It isn’t really fair to Detroit because the Rays(and perhaps the Spurs in the NBA) play in embarrassingly unbalanced leagues, but it doesn’t change the fact that they have overcome greater odds in putting together the rosters they have with the cash they have available.

      • leeeroooyjeeenkiiins - Aug 31, 2012 at 6:12 PM

        Of course I should add that if this report was expanded out to the last 2 decades rather than 5 years, the Red Wings would absolutely run away with the honor.

  2. hockinj25 - Aug 31, 2012 at 3:37 PM

    I think we all knew this already.

  3. gregman98 - Aug 31, 2012 at 5:04 PM

    I love that Leafs are last! Gotta throw out a Nelson Muntz-style:

    HAW-HAW!

  4. greatminnesotasportsmind - Aug 31, 2012 at 9:11 PM

    And the think, the Wings offered more money to Suter than the Wild. That must make the Wild the smartest of the smartest spenders.

    • polegojim - Aug 31, 2012 at 9:35 PM

      Come back when your 200 mil = a Stanley Cup.

      Until then… it’s 200 MILLION for two guys.

  5. ron05342 - Sep 1, 2012 at 12:25 AM

    What jumps out at me is the the congruency between “smartest-spending” teams and Stanley Cup Championships.

    Removing San Jose at 5th, you have the last 5 SC champions, and almost in reverse-order in the last 5 years.

  6. joewilliesshnoz - Sep 1, 2012 at 10:56 AM

    Go Pens !

  7. csilojohnson - Sep 2, 2012 at 12:01 AM

    Go Pens!

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