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Diamond Dollars: The Economics of Winning in Baseball

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.

  • Format
  • hardcover
  • Pages
  • 253
  • Language
  • english
  • ISBN
  • 9780977743636
  • Genres
  • baseball, sports
  • Release date
  • 2007