Evolving financials in modern major league?

marbram · 12-15-2012, 10:10 AM

I just got OOTP 13, had been playing 12 for about 40 seasons and over that period of time, salaries, etc. did not increase. I want to make sure I don't make that same mistake again and that star players are not making 16M/yr max forever! I have the box checked regarding adjusted financial settings, but I dont think that applies to a 2012 (and ongoing) major league. Can someone help with this? Thanks!

Brandon

Cinnamon J. Scudworth · 12-15-2012, 01:07 PM

I think the only way to do this is to manually edit the financials yourself. The other option is to use the "financial coefficient" setting which will adjust ALL financials by the multiplier you set, meaning it applies not just to salaries but to all income and expenses. It's also retroactive, so all current salaries/financials would be inflated as well. Not ideal.

Le Grande Orange · 12-15-2012, 03:17 PM

Part of the question here is how much factors will increase into the future. It's straightforward enough to examine the historical trends in club revenue and average player salary and see how those trends have looked up to the present day. But how will it trend in the future? Growth may stay at about the same rate, or it may increase or decrease. No one can say for sure (though the same rate of growth or better seem good bets). It's also that if you did simply take the current trend and extend them into the future, you get some wild results.

For example, from 1996-2011 the MLB average player salary grew by an average of 6.8% per year. At that rate of growth, the average salary would be just over $5.9 million in 2021, $11.5 million in 2031, and nearly $22.3 million in 2041. If instead one looks at only the more recent years (2004-2011) the rate of growth averaged 3.4% per year. Assuming that rate of growth into the future, then the average salary would be $4.3 million in 2021, $6 million in 2031, and $8.4 million in 2041. Which is right? (While salary growth has been slower in recent years, you can expect to see some dramatic salary increases in the real-world MLB over the next few years as the big new national and local broadcasting contracts kick in. All that additional money flowing into team coffers will eventually get spent on players.)

12-15-2012, 10:10 AM	#1
marbram Bat Boy Join Date: Dec 2012 Posts: 3	Evolving financials in modern major league? I just got OOTP 13, had been playing 12 for about 40 seasons and over that period of time, salaries, etc. did not increase. I want to make sure I don't make that same mistake again and that star players are not making 16M/yr max forever! I have the box checked regarding adjusted financial settings, but I dont think that applies to a 2012 (and ongoing) major league. Can someone help with this? Thanks! Brandon

12-15-2012, 01:07 PM	#2
Cinnamon J. Scudworth All Star Starter Join Date: Jul 2011 Location: Washington, DC Posts: 1,118	I think the only way to do this is to manually edit the financials yourself. The other option is to use the "financial coefficient" setting which will adjust ALL financials by the multiplier you set, meaning it applies not just to salaries but to all income and expenses. It's also retroactive, so all current salaries/financials would be inflated as well. Not ideal. __________________ "Sometimes, this is like going to a grocery store. You’ve got a list until you get to the check-out stand. And then you start reading People magazine, and all this other [stuff] ends up in the basket." -Sandy Alderson on the MLB offseason

12-15-2012, 03:17 PM	#3
Le Grande Orange Hall Of Famer Join Date: Feb 2002 Location: Up There Posts: 15,642	Part of the question here is how much factors will increase into the future. It's straightforward enough to examine the historical trends in club revenue and average player salary and see how those trends have looked up to the present day. But how will it trend in the future? Growth may stay at about the same rate, or it may increase or decrease. No one can say for sure (though the same rate of growth or better seem good bets). It's also that if you did simply take the current trend and extend them into the future, you get some wild results. For example, from 1996-2011 the MLB average player salary grew by an average of 6.8% per year. At that rate of growth, the average salary would be just over $5.9 million in 2021, $11.5 million in 2031, and nearly $22.3 million in 2041. If instead one looks at only the more recent years (2004-2011) the rate of growth averaged 3.4% per year. Assuming that rate of growth into the future, then the average salary would be $4.3 million in 2021, $6 million in 2031, and $8.4 million in 2041. Which is right? (While salary growth has been slower in recent years, you can expect to see some dramatic salary increases in the real-world MLB over the next few years as the big new national and local broadcasting contracts kick in. All that additional money flowing into team coffers will eventually get spent on players.)