Hawks first, Cubs last on smartest spenders list

Posted April 24, 2014 10:47 am

Bloomberg News Service

NEW YORK - Bloomberg BusinessWeek released its Smartest Spenders in Sports 2014 ranking of all 122 franchises in the NFL, NBA, NHL, and MLB, with the Blackhawks finishing No. 1 thanks to their five playoff trips, two Stanley Cups, and placing 13th in spending.

The Blackhawks are followed by MLB's St. Louis Cardinals, NHL's Boston Bruins, NFL's New England Patriots, and MLB's Tampa Bay Rays coming in the top 5.

Coming in last on the ranking at No. 122 is the Cubs, with an average five-year payroll of nearly $120 million and no postseason victories during that time.

The Bulls are ranked No. 27, Bears are No. 57, and the White Sox are No. 112.

The index's rating is based on how much they spent in player payroll for every win during the last five seasons.

The Smartest Spenders in Sports is online now at businessweek.com, and will be in the new issue of the magazine on newsstands Friday.

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