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NBASalaryValuation

Bang for Your Buck: Analysis of NBA Salaries 2021

Programmer: Tristan Smith

Purpose

Athletes in the NBA receive multi-million dollar contracts on a yearly basis. However, like in many sports, sometimes these contracts result in a lack of production and a loss of money. Other times, certain teams must make do with a limited cap due to past transgressions and current contracts. From these two situations, a valuable tool for NBA teams would be an analysis and predictive model evaluating player contracts and potential player contracts. This program has developed through Python to fill this need and it will explore current and past player contracts, assess factors that relate to these payments, and then build a machine learning models that will assign a contract value to each player's performance.

Resources

Packages

  • Pandas
  • Numpy
  • CSV
  • Matplotlib
  • Sci-kit Learn

Sources

Exploratory Graphs and Distributions

Positional Histogram Median Position Salary Median Salary Growth

Model

Correlations

Correlations

Results

Results

Optimization Questions

Question 1 - Which players have a fair-value contract?

Fair1 Fair2

Question 2 - Which players are overpaid?

Over1 Over2

Question 3 - Which players are undervalued? What are they worth?

Under1 Under2

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