In Major League Baseball, cries of foul play erupted over the already-infamous Mookie Betts trade from Boston’s Red Sox to the LA Dodgers. Why would Boston give up a star – actual two stars (David Price) – for a pu-pu platter of nothing in return.
All this makes me laugh. Have sports fan forgotten one of the wealthiest owners in baseball, and among the first to embrace “Moneyball” is John Henry, the Red Sox chairman, and 3-time World Series champion. As a kid, Mr. Henry suffered from an acute illness; so, he’d look out the window at other boys playing. Forlorn, he’d study math & science & computers to pass the time.
Today, Mr. Henry is a billionaire; he still watches young men play baseball – from his executive suite. He sees Mike Trout having dominated baseball for a decade & having won zero rings. No finals appearances; or semi-finals. Allocating 1/3 of your payroll to one star, and incurring the luxury tax, isn’t money well spent, according to some. Optics aside, mind you. Team sports require more than a star or two.
Regardless of your industry, data matters. It’s passé to simply acknowledge the importance of numbers in every decision you make. The real question to examine is: are you looking at the proper outputs; and what are those.
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