Moneyball
By Markus Fairly
Tuesday, February 26, 2008
Michael Lewis has written a well-crafted and entertaining book. It’s laugh-out-loud funny in places, with that special sort of humor that seems only to be found in sports. But make no mistake, this is a book that raises some very serious questions for anyone interested in baseball.
The author’s thesis is this: traditional “wisdom” about baseball, in terms of (a) scouts knowing what to look for, (b) statistics such as home runs actually meaning much of anything, and (c) money being the primary determinant in which team is going to win, isn’t worth much. This is the story of how a manager named Billy Beane took a team with one of the lowest payrolls in the sport and made them into a winner. It is (c) especially that the book addresses; by virtue of superior sabermetrics, Beane was able to scout and recruit good players that other teams didn’t value very highly. In this way he was able to get around the old canard of more money equalling better talent. If he’d been in a bar, Beane would have been the good little guy beating up the good big guy.
While Beane’s success is now a matter for the record books, a larger question, one that may obviate Moneyball’s relevance, is still waiting to be answered. Now that Lewis has shined the light on what happened, other teams will undoubtedly hire their own statisticians and begin to use the same techniques as his team did. (In fact this has already happened.) In other words, the playing field will once again be leveled in that respect, leaving the teams with more money able to make higher bids for better players, and thus bringing things back around full circle, where money is in fact the determining factor.
It’s a bit ironic, but maybe it’s just one more step in the evolution of the game.
One thing’s for sure. If you play Fantasy League Baseball and haven’t read this book, you’re losing your money to someone who has.





