In searching through some articles today, I stumbled across something very interesting.
From USA Today:
|Median salary||Total Payroll|
|2008-09||$ 1,500,000||$ 51,940,000|
|2007-08*||$ 1,200,000||$ 61,290,750|
|2006-07||$ 984,200||$ 37,999,700|
|2005-06*||$ 759,100||$ 41,044,829|
|2003-04*||$ 750,000||$ 63,382,458|
|2002-03*||$ 950,000||$ 62,860,926|
|2001-02*||$ 975,000||$ 59,523,921|
* denotes playoff years
Notice that the years the team payroll was over 60 million, the Avs did NOT make it past the second round of the playoffs. Even when we had a 37 million dollar payroll, that was the year we had 95 points and just missed the playoffs (which is still a NHL record for most points in a season without making the playoffs).
Our worst season since moving to Denver, the payroll was 300K higher than our last Cup win.
It's not much to write home about really, but I thought you finance people would love to take a look at the numbers, and notice that when the payroll has been high, the less success the team has had.