An account of how professional sports is now “driven by data.”
Schoenfeld, the author of The Match and The Last Serious Thing, chronicles how high-tech, public relations–savvy, cutthroat entrepreneurs have turned professional sports into engines of profit. The author admits his debt to Michael Lewis’ 2003 bestseller, Moneyball, which tells the story of how the manager of an underfunded Major League Baseball team hired a mathematical analyst to mine the game’s vast statistics and tease out player attributes that won games without showing up in conventional metrics. For several years, he enjoyed spectacular success until other teams caught on. Having followed how analytics affected the game, Schoenfeld turns his attention to the franchises themselves. For decades, rich business owners bought teams like they bought yachts or racehorses. “You didn’t buy a sports team to make money,” writes the author, “you did it because you had money and wanted to do something fun with it.” Galvanized by the Moneyball story, a new generation of owners and front-office experts has turned teams into superefficient mega-corporations resembling those in which the owners had originally made their fortunes. Winning remains important, but many devoted fans will note that strictly following the numbers takes away much of the thrill. As dynamic agents of capitalism, modern sports franchises seem obsessed with keeping fans engaged (i.e., spending money) rather than entertained. Formerly verboten, sports betting has exploded, and franchises have expanded into real estate, fashion, concessions, and digital content. Combining in-depth research and illuminating interviews, Schoenfeld describes the transformation of a dozen organizations, emphasizing baseball and basketball but casting his net widely. He shows clearly how soccer, the world’s most popular game, has become the poster child for the transformation of professional sports—and the rebellion of dissatisfied fans. Read Moneyball first and then turn to this one.
A timely and eye-opening look at the current and future landscape of sports.