Bloomberg Businessweek released its list of the “Smartest Spenders in Sports 2014” on Thursday. The list ranked all 122 franchises in the four major sports (MLB, NFL, NBA, NHL) based on how much money the team spent in player payroll for every win during the last five seasons.
Chicago teams were featured prominently in the rankings.
Coming in ranked No. 1 overall was the Blackhawks. Not just the smartest spender in the NHL, but the smartest spender in all of sports. That’s what happens when you win two titles and make the playoffs in every season the rankings are based on while ranking No. 13 in spending.
The Blackhawks weren’t the only extreme Chicago franchise, though. Of the 122 franchises used, guess which one came in at No. 122. Go on, guess. Try to think of a Chicago team that has spent a lot of money on players in recent years with absolutely nothing to show for it.
Yes, in dead last were the Cubs. Don’t go gloating if you’re a White Sox fan, though, as the Sox checked in at No. 112, not very far behind. Here’s how all five Chicago franchises ranked both nationally and within their own sports.
Chicago Blackhawks: #1 overall, #1 NHL
Chicago Bulls: #27 overall, #6 NBA
Chicago Bears: #57 overall, #15 NFL
Chicago White Sox: #112 overall, #28 MLB
Chicago Cubs: #122 overall, #30 MLB
I do feel the need to point out that the worst four teams in MLB all come from the country’s three biggest markets: the Angels, Mets and our teams (the Dodgers and Yankees were No. 20 and No. 24 respectively in MLB) . It’s hard to spend poorly when you don’t have the money to spend period.
Keep up to date with everything in Chicago sports by following The Chicago Homer on Twitter.