Join Wayne Winston for an in-depth discussion in this video How did the Red Sox break "the curse"?, part of Wayne Winston on Analytics.
A trend in baseball now is to have the…general managers be really young guys who know analytics, like…Theo Epstein…of the Red Sox.…The Rangers have a young guy you all…know from the Moneyball movie about Billie Bean.…You've seen math in baseball to make…better decisions is the whole idea behind Moneyball.…And so basically let's talk about a couple things the Red Sox did.…So you probably know Mariano Rivera is probably the greatest reliever of all…time and he's been on the Yankees for it seems like 50 years.…But in 2004 the Red Sox needed a relief pitcher.…
So they signed a guy named Keith Foulke who you probably haven't heard of.…But Keith Foulke, if you looked at the…advanced analytics going to 2004 Would have been…rated about as good a relief pitcher as…Mariano Rivera and he cost a lot less money.…So, Theo knew this and he signed Keith Foulke…before other teams really understood the math behind Moneyball.…And basically he did a great job for the Red Sox…for a fraction of the money that Mariano Rivera was paid.…
- What is analytics?
- Predictive vs. prescriptive analytics
- What do you need to know to become an analytic professional?
- Looking at examples of good and bad metrics
- How mobile devices will shape analytics