Salary caps and sabermetrics do not seem suited for the silver screen but Moneyball entertained an audience for a couple of hours and recounted a reasonably true story. After star free agents Jason Giambi, Johnny Damon and Jason Isringhausen, Oakland A’s General Manager Billy Beane enters the 2001 off-season wondering how to win an unfair game. For two years, the Athletics had made the playoffs but lost to the New York Yankees, a team with almost four times the financial resources. Unlike Michael Lewis’ book – which accurately describes the Oakland front office and the philosophy which had been in …
Basketball≠Moneyball?
A friend asked me to comment on this article, which was published by Michael Lewis in the New York Times. It is related to this article, published on by Howard Bryant on ESPN.com. The first article discusses how teams use statistics to assess performances. There are definitely methods to evaluate effectiveness beyond points, rebounds, steals, blocks, and assists. Plus/Minus, Player Efficiency Ratings, Points-Created, and Win-Shares all offer a more balanced approach. Billy Beane decided to eschew batting average in favour of on-base plus slugging percentage and other statistics, which was catalogued in Michael Lewis’ book Moneyball. Given the success that …
Basketball on Paper (or on your PC)
I was researching a small essay that I was going to write regarding the efficiency of Chris Bosh, Tim Duncan, Chauncey Billups, Steve Nash, and Tony Parker and found an interesting article which concisely summarises the recent work in basketball statistics that we (coaches) are attempting to incorporate into the game. Just as the technical analyst would argue that a stock’s price reflects all possible information, the statistician would claim that a player’s contribution to the team’s winning percentage can be entirely distilled into numbers. I disagree — stats can be tremendously helpful when used intelligently but must eventually take …