Who Are the Smartest Spenders in Sports?

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April 29 (Bloomberg) -- Bloomberg Businessweek's Ira Boudway discusses the NBA suspending Los Angeles Clippers owner Donald Sterling for life and takes a look at who the smartest spenders in sports are with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)

It was intense.

It was a packed house.

Silver came out 14 minutes late.

He came out with the fact that he was doing everything he could.

This was the most his power allowed him to do.

He said i've urged owners to strip sterling of the team.

He needs a three quarters vote to do it.

He has no doubt that they will.

The team owners, they have to have a 75% vote to force the sale of the clippers?

Then what happens is it is an auction.

I don't think sterling has any say in the results.

He would have been stripped of his ownership.

The proceeds would go to him.

But the league would auction.

He would be in control of the sale process.

I don't think so.

I do not think they are obliged to give him control.

Likes what does the band have to do -- what does the ban have to do?

He can't do day in day decisions for the team.

It means in a symbolic way he can't show up.

He can't be around.

He can go to his own arena to watch games.

He is no longer welcome.

Let's talk about efficiency.

I want to move to your articles.

You wrote about the u.s. sports team ethic and efficiency.

What was the genesis of this?

"moneyball" has been a successful movie.

What did you come away with?

We wanted to compare across sports.

How many wins each gets for its money.

What we wound up seeing is that to chicago teams, the blackhawks, were are most efficient team.

And the chicago cubs were at the bottom.

$58 million is the average pay.

When you take a look at the other winners, the cardinals, the bruins, the patriots.

Those were our top five.

Ed is the measure of regular-season and postseason success against what they are spending to get.

The spending that they do, is there any way to track how they do against each other?

They are in different sports.

That was the trick of this.

What is the average cost of a win in your league?

How far you from the average in your league?

We measure that distance, which allows you to make that comparison across leagues.

How far are you from your peers and a standard measure?

That is the just.

-- that is the gist.

You created and efficiency index.

We wanted to compare across.

How to the clippers doing this?

They are 18 out of 30 in basketball.

Something like that.

However, in sterling's 10 year, -- tenure, they are maybe the worst performing franchise.

They have been a disaster for a long time.

It is ironic they are just now, and this thing lands.

The red sox.

They are toward the bottom.

Not at the bottom.

They spend so much.

They have this lost season.

The world series is measured in here, but also when would they were worst in the division.

The yankees were even worse.

This text has been automatically generated. It may not be 100% accurate.


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