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Diamond Dollars

The Economics of Winning in Baseball

Author:
By Vince Gennaro
Format:
Hardback
Availability:
In print, usually dispatched within 5-7 days.
Price:
£15.99
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Diamond Dollars

Further Details

  • Published: 1st Apr 2007
  • ISBN: 0977743632
  • Pages: 250

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From the Publisher:

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. In a similar fashion, Diamond Dollars addresses the inefficiency in the way players are compensated and delivers an unparalleled inside look at the economics of baseball today.

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