ASA Series on Caponomics, Part Three: Midfielders
/This is part three of a four-part series examining market inefficiency in Major League Soccer. The portion on forwards will be published next Friday. We recommend you first read the portions on goalkeepers and defenders.
By Tom Worville (@worville)
This week, we continue our evaluation of salary inefficiency in MLS with a look at midfielders. By comparing whoscored performance ratings to the salaries released by the MLS Players' Union, we can evaluate how well teams are spending their allotted salary cap space. According to Whoscored, midfielders are tied with goalkeepers as the lowest rated players in MLS, with an average 6.75 rating. They are also the second most expensive position, with the median salary for a midfielder being $207,338.24. Just as midfielders play in the middle of the field, their ratings place them in the middle of our metrics.
Position | Average WS Rating | Median Salary |
---|---|---|
GK | 6.75 | $132,478.56 |
D | 6.94 | $152,419.91 |
M | 6.75 | $207,338.24 |
F | 6.77 | $221,506.11 |
From grouping like-players in certain baskets I have found that you can compare players with similar attributes (in this case performance) to their price. Taking this idea and applying it to different player types, it means that I can compare Designated Players and see which teams have allocated their DP slots effectively. The table below shows a list of the current MLS DPs that play in the midfield.
Player | 2014 Team | WS Rating | Salary/TH> |
---|---|---|---|
Diego Valeri | POR | 7.45 | 500,000 |
Graham Zusi | SKC | 7.32 | 631,388 |
Osvaldo Alonso | SEA | 7.31 | 400,000 |
Jermaine Jones | NE | 7.24 | 3,252,500 |
Javier Morales | RSL | 7.24 | 300,000 |
Matías Laba | VAN | 7.17 | 300,000 |
Maurice Edu | PHI | 7.11 | 113,000 |
Pedro Morales | VAN | 7.03 | 1,410,900 |
Mauro Diaz | DAL | 6.96 | 411,000 |
Michael Bradley | TOR | 6.94 | 6,500,000 |
Cristian Maidana | PHI | 6.92 | 131,666 |
Tim Cahill | NY | 6.67 | 3,625,000 |
Alexander López | HOU | 6.3 | 110,000 |
Diego Valeri is the best midfield DP in the league by a small, but significant margin as he had a WS rating of 7.45 vs Graham Zusi’s 7.32 (9% increase). Valeri ($500,000) also cost significantly less than Zusi ($631,388), a 26% decrease. This is a brilliant example of a DP slot being allocated effectively. Portland are not paying Valeri extortionate wages, nor are they using the slot for a player which is performing at a league average level. Needless to say I would not say that Zusi is a poor player - second best DP midfielder in the league last year and only slightly more expensive than Valeri - just Valeri is better value for money. In fact, you could argue the Osvaldo Alonso is a better use of the DP slot than Valeri. Costing $400,000 (20% less), Alonso had a WS rating just 10% worse than Valeri. His 20% discount on wages shows effective cap management from the Sounders. Alonso is also a different sort of player to Zusi and Valeri - he’s more of a midfield enforcer than a creative, attack-minded midfielder. With their other two DP slots taken up by forwards (Clint Dempsey and Obafemi Martins), the choice by Seattle to use one of their DP slots for a more defensive player highlights their recognition that a balanced side is important. They could quite easily have used this third DP slot for an attacking midfielder, but instead used it on a defensive counter-weight to even the team out with a solid performer.
From the table above you can also see how much Jermaine Jones cost vs Javier Morales - both getting a WS rating of 7.24 last season. Despite both being DP’s, Jones costs significantly more than Morales ($3,252,500 vs $300,000). Clearly many DP’s are signed for more than just on-field performances, which justifies the league to bringing in Jones off the back of his great World Cup for the USMNT. In terms of cap management, Morales on his performances alone indicates he is a great use of a DP slot. Performing at a 35% increase on the average MLS midfielder is definitely a good investment. For Jones, as long as he increases revenue generation for the Revs and helps retain a larger set of fans who keep coming to games and spend money, it’s a good use of a DP slot and of the excess salary paid to him also.
Player | 2014 Team | WS Rating | Salary | ||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Diego Valeri | POR | 7.45 | 500,000 | ||||||||||||||||||||||||||||||||
Lee Nguyen | NE | 7.4 | 193,750 | ||||||||||||||||||||||||||||||||
Brad Davis | HOU | 7.34 | 392,162 | ||||||||||||||||||||||||||||||||
Graham Zusi | SKC | 7.32 | 631,388 | ||||||||||||||||||||||||||||||||
Osvaldo Alonso | SEA | 7.31 | 400,000 | ||||||||||||||||||||||||||||||||
Benny Feilhaber | SKC | 7.29 | 337,187 | ||||||||||||||||||||||||||||||||
Robbie Rogers | LA | 7.27 | 167,500 | ||||||||||||||||||||||||||||||||
Jermaine Jones | NE | 7.24 | 3,252,500 | ||||||||||||||||||||||||||||||||
Javier Morales | RSL | 7.24 | 300,000 | ||||||||||||||||||||||||||||||||
Marcelo Sarvas | LA | 7.24 | 192,500 | ||||||||||||||||||||||||||||||||
Michel | DAL | 7.24 | 141,500 | ||||||||||||||||||||||||||||||||
Darlington Nagbe | POR | 7.23 | 260,000 | ||||||||||||||||||||||||||||||||
Juninho | LA | 7.2 | 325,000 |
Player | 2014 Team | WS Rating | Salary |
---|---|---|---|
Robbie Rogers | LA | 7.27 | 167,500 |
Michel | DAL | 7.24 | 141,500 |
Jorge Villafaña | POR | 7.19 | 74,431 |
Lovel Palmer | CHI | 7.06 | 87,000 |
Chris Tierney | NE | 6.98 | 103,333 |
Rodney Wallace | POR | 6.89 | 175,000 |
Jordan Stewart | SJ | 6.73 | 140,000 |