Saturday, May 03, 2003

Now this is the kind of economic news that's interesting. From's daily newsletter:

So which player was the biggest bargain in the NBA this season? If you compare his statistics to his salary -- as Bloomberg News did -- it was Golden State Warriors guard Gilbert Arenas. The former Arizona star averaged18.3 points, 6.3 assists and 4.7 rebounds while making a team-low $512,435 in the final year of a two-year contract. At the other end of the scale, thebiggest bust was Danny Ferry of the San Antonio Spurs. The consensus college player of the year at Duke in 1989, Ferry averaged 1.9 points, 1.2 rebounds and 9.4 minutes this season ... all for a mere $4.55 million.

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