With the 2015 NBA Finals Game 5 recently finished where Warriors emerged victorious, a new hypothetical match-up has been put forth in a report from zillow.com, in relation to house buying.
According to the report, if you put together all the salaries of the members of the current Cavaliers team, the team can purchase about 60 percent of the homes currently listed in their home city. On the other hand, all the salaries of the Golden State Warriors would only be able to purchase 25 percent of the homes listed for sale in Oakland.
The comparison was made by Zillow using team payrolls and the price of homes available in the market for both Oakland and Cleveland. In a report from homes.yahoo.com, the total payroll of the Cleveland Cavaliers is pegged at $82.6 million, as calculated by Hoops-Hype.com. On the other hand, the Golden State Warriors have a total payroll of $73.6 million.
There is also the factor of the median home prices in the two cities. In the city of Cleveland, the median price is at $52,200, while in Oakland, the median price is $526,800. The San Francisco property market today is one of its hottest in decades.
The respective team leaders, namely current NBA MVP Stephen Curry and four-time MVP LeBron James, also have a great disparity. Curry's salary, which is pegged at $10.6 million, can only purchase 4 percent of homes listed in the Oakland property market. James, on the other hand, with his $20.6 million, can purchase 15 percent of homes in his city. On a side note, if James stayed in Miami with a payroll of $75.8 million, the team would be able to purchase only 3 percent of homes available in the Miami area.
