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Sunday, December 27, 2009

NYBD: Megdal: Thoughts on Sabermetrics and Money

or…Thar’s Gold in Them Thar Mills Brothers?

What I continually run into among those at the top of the stat innovating field is just that- a push to see this game we love in a newer, more complete way. Just as Bill James, working nights as a silo security guard, wasn’t writing his abstracts to simply make money- what were the chances such an approach would lead to Bill James becoming who he is?- there’s a hunger to see what is an endlessly complicated game in new ways.

This is the reason I write- whatever other professions are out there, the number of moving parts, new wrinkles and fantastic outcomes that baseball has is what keeps me interested in it, year after year. It wouldn’t be possible to continually see something new in games after viewing thousands of them if this were a simple game.

And this is a matter of opinion- but any advance in statistics that allows me a more accurate view of a hitter’s worth, a pitcher’s worth, or best yet (due to the relative lack of advancement in this area) a defensive player’s worth is a hell of a lot more valuable than ranch Doritos or new Coke. I think we are lucky to have writers pushing the edges of understanding in such a complicated field. Ironically enough, it is the writers from Fangraphs, The Hardball Times and other such outlets- which I understand are far less profitable than Baseball Prospectus- who are making the biggest leaps in thinking. Dan Szymborski also deserves to be singled out here- and it is criminal how little he makes from, for instance, ZIPS.

If they can eventually make enough to allow them to make a living writing about such things, all the better. It can’t- and shouldn’t- cast any doubt on the work they are doing.

Also…the MGL/Tango/Mike Fast-fueled wRC+ = Follow the Money Trail bit by Mike Silva.

Repoz Posted: December 27, 2009 at 11:36 AM | 26 comment(s) | Login to Bookmark
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   1. Greg (U)K Posted: December 27, 2009 at 03:04 PM (#3422670)
Greg K's Thoughts on Sabermetrics and Money: I like them both.

On a less hilarious note...
I never understand people who claim that in depth statistical analysis make baseball boring. After my initial childhood fandom in around 1989-1995 there was a lull where I didn't follow baseball too closely for a few years, and it was sabermetrics that brought me back in. It's like people who say they really love a book or movie, but would never in a million years want to sit in a group and have a discussion about it. As if thinking about things ruined them or something.
   2. Dan Szymborski Posted: December 27, 2009 at 03:08 PM (#3422673)
As I told Howard in e-mail, I always appreciate when people suggest that there are criminal aspects to me not having more cash in my wallet.

However, Cool Ranch Doritos are very good. I can understand deriding lesser Doritos, but not the Lord of Buttermilk Deliciousness.
   3. Win one for Agrippa (haplo53) Posted: December 27, 2009 at 03:16 PM (#3422676)
A couple weeks ago my wife told me of her fear of the "Tacos at Midnight" Doritos in her office's vending machine, so I brought a bag home as a joke. I tried them, and they tasted like suffering.
   4. James Kannengieser Posted: December 27, 2009 at 03:19 PM (#3422679)
To really appreciate Howard's post you have to first read the Mike Silva post. Unfortunately, that requires reading the Mike Silva post, which is likely hazardous to your health.
   5. McCoy Posted: December 27, 2009 at 03:23 PM (#3422680)
About a month or so ago I bought Snickers Ice Cream from Breyer's or whatever it was and to me it tasted nothing like a Snickers bar. It reminded me of decomposing corpses. I think I had one or two tries and then just gave up and left it in the freezer for a couple of months and I never do that with ice cream.


The Chocolate Fudge Brownie Ice Cream and the Drumstick Sundae Cone Ice Cream are out of this world though. Two best new flavors I've had in a long time.
   6. I can't believe we're playing Francoeur(KevinHess) Posted: December 27, 2009 at 03:33 PM (#3422682)
I love both "Tacos at Midnight"Doritos and Snickers Ice Cream bars. That is all.
   7. philly Posted: December 27, 2009 at 03:40 PM (#3422686)
I never understand people who claim that in depth statistical analysis make baseball boring. After my initial childhood fandom in around 1989-1995 there was a lull where I didn't follow baseball too closely for a few years, and it was sabermetrics that brought me back in. It's like people who say they really love a book or movie, but would never in a million years want to sit in a group and have a discussion about it. As if thinking about things ruined them or something.


I had the same experience. My late teens to early 20s when I had stopped playing ball competitively were real lulls in my fandom. The internet and sabremetrics were both huge factors in bringing me back to the baseball obsessiveness that I had as a kid.
   8. McCoy Posted: December 27, 2009 at 05:00 PM (#3422715)
Snickers Ice Cream bars are pretty good which is why I bought Snickers Ice Cream and Snickers Ice Cream is nothing like the Ice Cream bar.
   9. Tim Wallach was my Hero Posted: December 27, 2009 at 05:03 PM (#3422718)
I never understand people who claim that in depth statistical analysis make baseball boring. After my initial childhood fandom in around 1989-1995 there was a lull where I didn't follow baseball too closely for a few years, and it was sabermetrics that brought me back in. It's like people who say they really love a book or movie, but would never in a million years want to sit in a group and have a discussion about it. As if thinking about things ruined them or something.

I had the same experience. My late teens to early 20s when I had stopped playing ball competitively were real lulls in my fandom. The internet and sabremetrics were both huge factors in bringing me back to the baseball obsessiveness that I had as a kid.

Same here. Plus I lost my team. Which kind of hurts one's fandom of a game.
   10. PreservedFish Posted: December 27, 2009 at 05:18 PM (#3422727)
Kettle Chips have a new flavor: Fully Loaded Baked Potato. It's basically sour cream and onion, plus smokey bacon flavor. I recommend it.
   11. KingKaufman Posted: December 27, 2009 at 05:43 PM (#3422737)
A link to the post Howard was responding to would have been extremely helpful in Howard's post.

Agreed, though, that that piece, by Silva, is not worth reading.
   12. Dan Szymborski Posted: December 27, 2009 at 05:48 PM (#3422741)
About a month or so ago I bought Snickers Ice Cream from Breyer's or whatever it was and to me it tasted nothing like a Snickers bar. It reminded me of decomposing corpses.

Don Harvey died?
   13. Walt Davis Posted: December 27, 2009 at 06:04 PM (#3422758)
I hear that as part of his Socialist agenda, Obama is secretly replacing Coke with New Coke!
   14. TVerik, AKA Snoopy Snoopy Poop Dog Posted: December 27, 2009 at 06:30 PM (#3422774)
Ironically enough, it is the writers from Fangraphs, The Hardball Times and other such outlets- which I understand are far less profitable than Baseball Prospectus- who are making the biggest leaps in thinking.


After what's been said in the thread, I'm not going to look up the original post. But I think Howard touches on something here - it has nothing to do with baseball. How do you monetize the Internet? How do you pay people who have good ideas or good skills, while getting the chaff who just happen to have a distribution deal out of there?

I think it'll take the same sort of outside-the-box thinking that got Voros to develop DIPS - a smart guy (or girl, of course) who spends the time and energy to market baseball ideas rather than having new ones. The odds are against this person, though. Many smart people have tried and failed to find a way to make money from ideas on the Net.
   15. greenback Posted: December 27, 2009 at 06:56 PM (#3422793)
If you have skills for assembling, parsing and analyzing large sets of data, and the desire to make substantial money off that skill set, then baseball is something like your millionth-best option.
   16. McCoy Posted: December 27, 2009 at 07:04 PM (#3422801)
Many smart people have tried and failed to find a way to make money from ideas on the Net.

And lots have made money from good ideas on the net as well.

Basically the companies that make money on the net are the companies that do all the heavy lifting for you and give simply button clicking tasks to complete your transactions. Amazon.com, EBay, Google, and such all make money because all make your life easier.

I think those trying to simply sell you information are the ones that have the uphill battle.
   17. TVerik, AKA Snoopy Snoopy Poop Dog Posted: December 27, 2009 at 07:16 PM (#3422812)
Amazon.com, EBay, Google, and such all make money because all make your life easier.


They're aggregators - for the most part, they sell other people's products, rather than generating their own. Is the future of commerce on the Net only bright for the companies which just compile and make easier the transactions which used to live elsewhere? To use your example from above, does Google make a mint if they're writing news stories, rather than linking to them? The entities that generate the content are taking a bath right now, and I wonder if there's much incentive to create something new, rather than to distribute something old, online.

I like Craigslist. But if all of the technology and all of the distributed ability of Internet users is only capable of an online classified section, then I would say that the Internet has been a failure.
   18. McCoy Posted: December 27, 2009 at 07:21 PM (#3422817)
Regular old not digital commerce is built on companies that compile and maker easier transactions.

What is a grocery store but an unplugged internet site? A bank? A credit card?

Give us money and we'll make your life easier. Planes, cars, restaurants, malls, so on and so on.

Considering that googling is spending a fortune mapping the country, scannin books, and so forth that it won't be long before they do purchase a news wire simply for the content.

Media companies purchased sports teams simply for content and they would purchase production companies as well if Wasserman had allowed it.

The internet isn't just a giant classifieds. It is so much more than that. It is a bookstore, a television station, a jukebox, giant billboard, a movie theater, a town hall, a garage sale, the local gathering place, so on and so on. And there are people making lots of money for each of those categories.
   19. TVerik, AKA Snoopy Snoopy Poop Dog Posted: December 27, 2009 at 07:37 PM (#3422829)
The internet isn't just a giant classifieds. It is so much more than that. It is a bookstore, a television station, a jukebox, giant billboard, a movie theater, a town hall, a garage sale, the local gathering place, so on and so on. And there are people making lots of money for each of those categories.


The problem is that when repackaging "old" media like television and movies on a giveaway platform, there's no money left over for the actual content producers to make scratch. If Google purchases a news wire, how do they make money giving it away? If they don't give it away, how do they make money from it sufficient to cover their costs?

*EDIT*

What is a grocery store but an unplugged internet site? A bank? A credit card?


Agree. The problem is that a grocery store charges enough for its products to pay off the wholesaler, the farmer, etc. The Tubes don't charge that sort of money.
   20. Srul Itza At Home Posted: December 27, 2009 at 09:19 PM (#3422878)
It reminded me of decomposing corpses.


And you obtained your intimate knowledge regarding the taste of decomposing corpses . . . how?
   21. McCoy Posted: December 28, 2009 at 12:33 AM (#3422955)
The problem is that when repackaging "old" media like television and movies on a giveaway platform, there's no money left over for the actual content producers to make scratch. If Google purchases a news wire, how do they make money giving it away? If they don't give it away, how do they make money from it sufficient to cover their costs?

TV and radio give away their product and they have been doing it for decades.


And you obtained your intimate knowledge regarding the taste of decomposing corpses . . . how?

I'm a chef.
   22. Greg (U)K Posted: December 28, 2009 at 12:38 AM (#3422960)
TV and radio give away their product and they have been doing it for decades.

Yes, but with ad space due to their mass followings
When the internet can come up with something as good as According to Jim, Mr. Belvedere or the Chevy Chase Show THEN the analogy will be apt.
   23. McCoy Posted: December 28, 2009 at 12:51 AM (#3422965)
And google sells ad space due to their mass followings.
The internet doesn't have to come up with anything it already exists. TV and internet are not mutually exclusive.

When I moved to DC I did not bring along a TV and yet I've seen every episode of House, Office, Always Sunny, Venture Bros, Eureka, True Blood, and Rescue ME.
   24. Greg (U)K Posted: December 28, 2009 at 01:00 AM (#3422972)
Actually I agree with you. I was rather unsuccessfully trying to be ironic, as I actually don't think According to Jim or Mr. Belvedere are terribly good products (Though I've never see the Chevy Chase Show, the implication that it is a terrible show is based purely on hearsay)

EDIT: I also have never seen an episode of Always Sunny on TV, even though it is my favourite show in existence right now. Though that has more to do with the country I live in and its lousy channel options than the TV vs. internet battle
   25. Voros McCracken, Human Shield Posted: December 28, 2009 at 01:00 AM (#3422973)
I never understand people who claim that in depth statistical analysis make baseball boring. After my initial childhood fandom in around 1989-1995 there was a lull where I didn't follow baseball too closely for a few years, and it was sabermetrics that brought me back in.

For me it was fantasy baseball (a DMB league to be precise). That led me back to the stat geek stuff, and that led me to try and come up with my own edge.
   26. Mike Emeigh Posted: December 28, 2009 at 01:43 AM (#3423006)
Googled, a history of Google by Ken Auletta which details how the company got to be what it is today, is a fascinating read.

-- MWE
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