Monday, August 01, 2016
The Society for American Baseball Research (SABR) is holding their annual convention in Miami, Florida.
Part of the convention agenda was a session of interviews with four high-profile baseball personalities from the present and the past. MLB.com reporter Barry Bloom interviewed Barry Bonds, Andre Dawson and Don Mattingly.
My first in this series of four articles focused on the Bonds interview. Today I will feature the responses given by Hall of Famer and former Cincinnati Reds RBI machine Tony Perez.
Posted: August 01, 2016 at 08:30 AM | 0 comment(s)
Sunday, July 31, 2016
Wednesday, June 29, 2016
Pregame ballpark session/tour: SABR 46 attendees will have a special opportunity to visit Marlins Park for an exclusive pregame ballpark session with Miami Marlins executives and players, including Barry Bonds, Don Mattingly, Andre Dawson, Tony Perez, and ESPN’s Eduardo Perez. Before the Marlins 7:10 p.m. game against the St. Louis Cardinals on Friday, July 29, a special SABR 46 panel discussion will take place at Marlins Park followed by a ballpark tour for convention attendees.
This is going to be one of the best conventions yet. Much of the change of the conventions to focus on panels, as well as research presentations, has been incredibly well received and has been some of the most entertaining aspects of the conventions of late. The speakers SABR has been nothing short of incredible.
Posted: June 29, 2016 at 12:18 PM | 50 comment(s)
Wednesday, June 22, 2016
Over the course of his career, the total return earned by the Yankees on their investment in Babe Ruth was 1254 percent. Because of its volatility, the stock market returned a net gain of only 17 percent during the period. Bonds did much better at 205 percent, but still fell far short of Ruth. It turns out that Babe Ruth was indeed a wise investment for the Yankees. It would have been difficult for Jacob Ruppert to find any other investment that could have done nearly as well.
Despite the riches the Yankees were earning from Ruth, Yankees general manager Ed Barrow wasn’t particularly appreciative of the Babe in the waning years of his career. In a letter addressed to sportswriter F.C. Lane in March of 1933, Barrow complained that Ruth “is greatly overpaid.” Adding that he hoped “the Colonel will stand pat on his offer of $50,000 and call the big fellow’s bluff about retiring.” The Colonel did not stand pat, eventually offering Ruth $52,000 plus 25 percent of the net receipts from exhibition games, though ultimately only paying him $42,000. It was not one of the Babe’s better years, though he did return a nice profit of about $45,000 for the Colonel’s investment. This was certainly better than Ruppert could have done by investing in the stock market, which lost 17 percent that year. The 45 percent return also outperformed the bond market that year by a substantial amount.
The return on Ruth fell the next year, his final season in New York, to its second lowest, returning the team just over $32,000 in net profits. This was at a much reduced salary of $35,000, however. The Yankees, because they were able to reduce Ruth’s salary toward the end of his career, were able to ride him for a couple of final years of profitable employment before finally shipping him off.
When he was ingloriously dispatched to the Braves in time for the 1935 season the Yankees received nothing in return. Their records indicate that he was sold to the Braves without monetary consideration. It was indeed a quiet ending to the most famous financial investment in Yankees history.
Posted: June 22, 2016 at 08:42 AM | 2 comment(s)
Thursday, April 14, 2016
This should be interesting.
We are excited to announce that baseball great Barry Bonds will be a featured speaker at the SABR 46 convention this summer in Miami.
SABR 46 will be held July 27-31, 2016, at the Hyatt Regency Miami. Discounted early registration rates are available now at SABR.org/convention. All baseball fans are welcome to attend.
Posted: April 14, 2016 at 01:10 PM | 11 comment(s)
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