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December 11, 2020 at 12:07 am #498Bonita ElkinsGuest
The Economics of Winning in Baseball
by Vince Gennaro
- Format: hardcover, 253 pages
- Publisher: Maple Street Press
- Release date: March 1, 2007
- Genres: baseball, sports
- Language: english
- ISBN: 9780977743636 (0977743632)
- Author: Vince Gennaro
About The Book
Diamond Dollars is a fresh, provocative, insightful, and analytical look at the business of baseball. Using the win-revenue relationship as a foundation, author Vince Gennaro delves deeply to explain how a team’s level of competitiveness impacts the value of its players, to explore how a well-developed farm system contributes to a team’s economic value, and to discuss some recent business trends, such as team-owned regional sports television networks. In doing so, Gennaro answers a number of questions that speak to baseball’s bottom line. How does winning affect revenues for each team? What is a player’s economic value to his team? Why does a berth in the postseason have great economic value? What is the economic value of a productive farm system? Does competitive balance exist in baseball today? He also examines the differences in small-market and large-market teams, discussing how economic and revenue opportunities vary, and highlighting the New York Yankees and the Boston Red Sox and their methods. The book Moneyball was a breakthrough for baseball because it unveiled inefficiencies in the way talent was evaluated. players are compensated and delivers an unparalleled inside look at the economics of baseball today.
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