Pumping Lemma on Language with subtracted length
You could argue with a reasonably straight face that L is not well-defined, since it supposedly contains the word $a^0ba^{-1}$, so L wouldn't be a language at all, therefore not a regular language and not an irregular language either. 

If you change it slightly to $$ L = \{ w: w = a^k b a^{m-1} \mid k,m \in \mathbb{N} \} $$ then it is definitely regular; there's a very simple FSM with just two states for it.