Moneyball

Moneyball is dead. Long live Moneyball.

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Nothing makes me roll my eyes more than when something bad happens with the A’s and some clever wag — often a print sports journalist who still bases his Cy Young vote on wins — makes some crack about “well, I guess “Moneyball” isn’t helping anymore, huh?” This is usually followed by chuckling, snorting and picking up the Andy Rooney book he had been reading, highlighter in hand.

The response to this, which has been obvious to anyone who actually read the book for several years, is that “Moneyball,” is not a synonym for “whatever Billy Beane is doing,” nor is it shorthand for “take walks, hit dingers.”  Rather, it was a book that described the idea of finding market inefficiencies — which is something its author, the financial market experienced Michael Lewis, was exceedingly familiar — and applying it to baseball.

Anyone could do it, and for the past decade, everyone has been doing it.  And, not soon after “Moneyball” was published, the idea of “take walks, hit dingers” ceased to be a market inefficiency because the very definition of a market inefficiency is something which has not been widely published in a best-selling book. By then it has become big bright information which, as everyone knows, is immediately gobbled up by the markets as soon as it is made big and bright. Which, by the way, is why you should never take your investing advice from books you can buy at the airport, but that’s another subject.

Which isn’t to say that there aren’t still market inefficiencies. There always will be because markets aren’t perfect and, at any given time, there will be ways in which the savvy can exploit those concepts which can’t be found in best-selling books.

I hadn’t read it until today, but Bill Barnwell tackled that topic over at Grantland last week. And, after making a longer and better argument out of the concept I mentioned above, set out to describe the many areas — aside from “take walks, hit dingers” —  that teams are or should be trying to exploit.  Like defense and bullpen usage and that sort of thing.

It’s a good piece if you have the time. But if you don’t have the time, at least enjoy this little nugget that would have been Quote of the Day fodder had I not wanted to write a little more:

Moneyball was about statistics and on-base percentage in the same way that the ‘77 punk revolution was about looking like Richard Hell; what was relevant and counterculture then is mainstream and comfortable now. Babies get mohawks now, and they come out of the womb knowing that Jeff Francoeur sucks. So what’s a small-market team to do now? Where are the market inefficiencies for them to exploit in 2011? What’s the new Moneyball?

Once again, Richard Hell shows us the way.  So forget that [blank] generation that likes to make the dumb and easy “Moneyball” jokes. They’re going, going gone.

Trevor May joins eSports team Luminosity

CLEVELAND, OH - AUGUST 04: Trevor May #65 of the Minnesota Twins pitches against the Cleveland Indians in the sixth inning at Progressive Field on August 4, 2016 in Cleveland, Ohio. The Indians defeated the Twins 9-2.  (Photo by David Maxwell/Getty Images)
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When he’s not throwing baseballs, Twins pitcher Trevor May is an active gamer. He streams on Twitch, a very popular video game streaming site, fairly regularly and now he’s officially on an eSports team. Luminosity Gaming announced the organization added May last Friday. It appears he’ll be streaming and commentating on Overwatch, a multiplayer first-person shooter made by Blizzard Entertainment.

May is the only current athlete to be an active member of an eSports team. Former NBA player Rick Fox owns Echo Fox, an eSports team that sports players in games including League of Legends, Super Smash Bros. Melee, Super Smash Bros. for Wii U, Street Fighter V, Marvel vs. Capcom 3, Call of Duty: Infinite Warfare, Counter-Strike: Global Offensive, and Mortal Kombat X. Jazz forward Gordon Hayward is also a known advocate of eSports.

The NBA in particular has been very active on the eSports front. Kings co-owners Andy Miller and Mark Mastrov launched NRG eSports in November 2015. Shortly thereafter, Grizzlies co-owner Stephen Kaplan invested in the Immortals eSports team. Almost a year later, the 76ers acquired controlling stakes in Team Dignitas and Team Apex. The same month, the Wizards’ and Warriors’ owners launched a group called Axiomatic, which purchased a controlling stake in Team Liquid, a long-time Starcraft: Brood War website which has since branched out into other games. And also in September 2016, Celtics forward Jonas Jerebko bought team Renegades, moving them to a group house in Detroit. In December 2016, the Bucks submitted a deal to Riot Games in order to purchase Cloud9’s Challenger league spot for $2.5 million. The Rockets that month hired someone specifically for eSports development, focusing on strategy and investment. Last month, the Heat acquired a controlling stake in team Misfits.

Once an afterthought, eSports has grown considerably in recent years and now it should be considered a competitor to traditional sports. League of Legends, in particular, is quite popular, reaching nearly 15 million concurrent viewers at its peak in the most recent League of Legends World Championship. That championship featured a prize purse of $6.7 million with $2 million of it being split among winner SK Telecom T1’s members.

Orioles re-sign Michael Bourn to a minor league deal

TORONTO, ON - OCTOBER 04:  Michael Bourn #1 of the Baltimore Orioles hits a single in the fifth inning against the Toronto Blue Jays during the American League Wild Card game at Rogers Centre on October 4, 2016 in Toronto, Canada.  (Photo by Tom Szczerbowski/Getty Images)
Tom Szczerbowski/Getty Images
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The Orioles have re-signed outfielder Michael Bourn to a minor league contract with an invitation to major league camp, MASN’s Roch Kubatko reports.

Bourn, 34, joined the Orioles last year in a trade from the Diamondbacks on August 31. Though he compiled a meager .669 OPS with the Diamondbacks, Bourn hit a solid .283/.358/.435 in 55 plate appearances with the O’s through the end of the season.

Bourn, a non-roster invitee to camp, will try to play his way onto the Orioles’ 25-man roster. If he does make the roster, Bourn will receive a $2 million salary, Jon Heyman of FanRag Sports points out.