According to Five Thirty Eight, Billy Beane’s A’s have exceeded expectations by nearly $1.38 billion
Jul 25, 2014, 10:15 PM EDT
Benjamin Morris of Five Thirty Eight posted an article yesterday in which he used a handful of statistical methods to estimate how much the Athletics, led by GM Billy Beane, have exceeded expectations. For those not familiar with Beane, he was the central figure in the book Moneyball: The Art of Winning an Unfair Game, authored by Michael Lewis and released in 2003. Beane didn’t let the Athletics’ status as a small-market team deter him from building a contender; instead, he looked for market inefficiencies. For example, at the time, teams were devaluing players with high on-base percentages because of low batting averages, so he was able to sign Scott Hatteberg, among others, and enjoyed great success as a result.
From the time Beane took over the A’s in 1998 through 2013, the club has gone 1,396-1,194 (.539). They have reached the playoffs seven times in those 16 seasons. The A’s enter tonight’s action at 63-38, poised to win the AL West for a third consecutive season.
So what did Morris find? Since the start of this millennium, the Athletics have won 180 more games than we would expect, given their payroll. Then, using various estimates pertaining to the price of a win, Morris suggests that the A’s have exceeded expectations by $1.38 billion. The next-best team, the Angels, comes in at $702 million. On the other end of the spectrum, the Royals have under-performed expectations by nearly $800 million. If statistical wizardry is your bag, then the column is certainly worth your time.
- 2015 Preview: Cincinnati Reds 4
- The average Major League Baseball salary this year will be more than $4 million — a record 11
- 2015 Preview: Tampa Bay Rays 17
- The Cubs assign Kris Bryant and Addison Russell to the minors, option Javier Baez as well 70
- 2015 Preview: Arizona Diamondbacks 8
- 2015 Preview: Toronto Blue Jays 69
- Mariners prospect Victor Sanchez has died 26
- 2015 Preview: Chicago White Sox 15
- Ex-Cardinals outfielder Curt Ford was assaulted in St. Louis and told to “go back to Ferguson” (122)
- David Ortiz: “Nobody in MLB history has been tested for PEDs more than me” (118)
- The MLBPA releases a statement on Kris Bryant, mentions possible litigation (90)
- Rob Manfred says it would be hard to reinstate Pete Rose in a limited way (89)
- Did David Ortiz admit to more than he realized with his Players’ Tribune editorial? (88)