WEBSITE NEWS

September 2, 2007

With the release of the paperback version of The Wages of Wins, this website has finally been updated.  Added are details on the paperback and a link to technical notes.  Because the website has not been altered much since February, 2007, links to two recent columns by Dave Berri have been added to the left.  Finally, the list of links – many of which are repeated at our blog (The Wages of Wins Journal) – has been removed.

One should note that news concerning The Wages of Wins will likely be noted in the future at The Wages of Wins Journal.  Material is added to our blog on almost a daily basis. Consequently that forum appears to be the best place to find current news (and our full list of links).  

February 12, 2007

At The Wages of Wins Journal - our blog – a page has been created that lists all the teams analyzed during the 2006-07. So far, comments have been offered for 24 of the 30 teams in the NBA.  This page also has links to all the analysis done of the NBA after 41 games.  This analysis includes a report on the Top 30 players, the NBA All-Stars, and the top rookies in 2006-07.

December 22, 2006

A few new links have been added to the list on the left.  These include Darren Rovell’s Sports Biz blog from CNBC, Dan Shanoff’s Blog, and TrueHoop.

November 5, 2006

At The Wages of Wins Journal - our blog – a page has been created with links to all the columns we have written for The New York Times.  As the page notes, you must be a subscriber to TimesSelect to view this work.

The review of the past NBA season has also been concluded.   You can see the stories our metrics – Wins Produced and Win Score – tell for each team at The NBA Team Reviews: 2005-06.  

October 8, 2006

At The Wages of Wins Journal - our blog -- the review of the past NBA season continues.   You can see which teams have been covered – and which still need to be reviewed – at The NBA Team Reviews: 2005-06.  

For those who follow the NFL, each week the NFL’s quarterbacks are ranked in terms of QB Score – the simple metric we introduce in The Wages of Wins.  You can see these rankings at the Weekly QB Score Rankings.

September 10, 2006

At The Wages of Wins Journal - our blog -- a review of the past NBA season began on August 22.   The review will proceed in alphabetical order, beginning with all teams in the Eastern Conference.  Look for a new entry every few days until the season begins. 

July 22, 2006

Our intention with The Wages of Wins was to write a book that would be very accessible to a general audience.  For the most part the reviews of our book indicate that we were successful.  Unlike the typical book written for a general audience, though, our book is based almost entirely on material we previously published in academic journals and/or presented at academic conferences.  As we note in the book, peer reviewed academic articles are not written for a general audience.  Consequently, we suspect most of our readers are not interested in these papers.  Still, a few people may wish to know which academic article or articles served as the foundation for each chapter.  To satisfy this curiosity a new link has been added to the left side of our home page.  As the link title suggests, clicking on List of Academic Articles will take all those who are interested to a listing of the articles where much of the material reported in The Wages of Wins was initially reported. 

This list demonstrates that what we say in The Wages of Wins is not strictly the product of our efforts.  Other researchers like R. Todd Jewell, Aju Fenn, Bernd Frick, Roberto Vicente-Mayoral, Anthony Krautmann, Erick Eschker, Rob Simmons, and Young Hoon Lee played a role in researching the material we present.  This list is incomplete, since it ignores the anonymous referees who reviewed our work, the journal editors who agreed to publish this work, and all the economists who participated in the academic conferences where our work was presented.   As we note in the book, we certainly owe a large debt to all the people who helped us with the research we report in this book and we sincerely thank these economists for their support and assistance.

July 8, 2006

More Reviews Have Been Posted!!!  The Wages of Wins has now been reviewed by The New Yorker, The New York Times, CNNSI.com (Sports Illustrated On-Line), and The Bakersfield Californian.  All of these reviews are posted in our review section.

A link to the recent New York Times Keeping Score column by Martin Schmidt has also been placed on the left of our website.

Stanford University Press has added quite a bit of additional material at their website for our book.  At the Stanford Press website you will find links to many of the reviews and columns associated with our book, the Preface to our book, as well as Chapter One.  You will note that their website also looks much better than our site.  That is because their site is maintained by professionals, while this site is maintained by three economists (who know very little about websites).

In other news...

Doug Drinen of Pro-Football-Reference.com has posted a lengthy comment on our analysis of quarterbacks (found in Chapter Nine of The Wages of Wins).   Specifically, where we focus solely on quarterbacks, Drinen has posted an examination of wide receivers.  And Drinen has promised even more analysis along these lines in the future.  Beyond his work at Pro-Football-Reference.com, Drinen is also a professor of mathematics at the University of the South.  JC Bradbury, of Sabernomics fame, was until recently employed as a professor of economics at the same school.

After a one week break we are again posting material at The Wages of Wins Journal.  Today’s posting builds upon the last sentence of Dick Friedman’s review at CNNSI.com. As Friedman notes, “...the next time your favorite team's GM is talking about tendering a maximum contract to that ball-hogging trey chucker, you might send him a copy.”  Soon after Friedman posted this statement the Denver Nuggets and Carmelo Anthony agreed to a maximum contract.  Today Dave Berri posted a review of this deal.      

June 17, 2006

The Wages of Wins Journal is now into its third month of existence.  This week the focus is on the NBA Finals. After each game Dave Berri is posting an analysis of the productive – and unproductive – players on each team.  Check back after Games Five, Six, and Seven (if necessary) to see how productive Wade, Shaq, Nowitzki, and company have been.  In Game One the star was Jason Terry of the Mavericks.  Dallas was also helped considerably in Games One and Two by Nowitzki and Erick Dampier.  Games Three and Four have been the Dwyane Wade show.  After below average performances in Dallas, Wade has been much “Like Mike” in the past two games.  With Shaq impersonating Shaq in Game Four, the Heat won easily. Check back after Game Five to see if Wade’s high level of productivity continues. 

So far we have posted about 70 different stories on our blog. On average that is around one posting per day.  For professors who are happy to write 3-5 papers in a year, this seems like an immense amount of writing in a short period of time.  Still, when we look at Tyler Cowen’s  Marginal Revolution, Greg Mankiw’s Blog, and Brad DeLong’s Semi-Daily Journal, where multiple postings appear everyday, we realize are output is relatively low.   Hopefully this summer we will be able to pick up the pace.

June 1, 2006

Malcolm Gladwell has commented on The Wages of Wins three different times. We are obviously quite pleased that someone with his reputation so obviously enjoyed our book. He has given us permission to post all three comments on our website. So if you following the link here, or on the side bar, you can read what he has to say about The Wages of Wins.

Is Michael Jordan the best player to ever play in the NBA? For those looking for a contradiction of the conventional wisdom, you may be disappointed with the latest entry at The Wages of Wins Journal (our blog).  For those who love Michael Jordan, you will be happy to learn that Wins Produced does indicate what you already knew – MJ was one great basketball player. 

May 29, 2006

Malcolm Gladwell has posted two additional comments at his blog.  The first expands upon his review of The Wages of Wins in The New Yorker. He concludes his posting by noting the most over-rated and under-rated players in the NBA from this past season.  Upon revealing these lists, based upon the analysis presented in The Wages of Wins, Gladwell notes

“Now argue with that list all you want. Factor in intangibles. Make projections. Move some people up and down. But once you’ve read the book, I promise you won’t be able to dismiss it.”

The second item Gladwell posts builds upon a story reported at The Wages of Wins Journal (our blog).  In introducing this story, Gladwell states

“Anyone who believes in the conventional, adhoc methods of valuing basketball players has to answer for the injustice done this year to Kevin Garnett.”

To understand Gladwell’s comment, please look in our blog for more on the Tragedy of Kevin Garnett

Beyond Gladwell’s interest – which we hope makes everyone who has not done so already buy his bestselling books Blink and The Tipping Point --others have also noted our work.

Michael Bradley at CBS SportLine has also commented on The Wages of Wins.  Bradley employs our analysis to argue that Kobe Bryant – despite leading the NBA in scoring – was not a good choice for league MVP.  His column, which you can see here, builds upon a post made at The Wages of Wins Journal in April.  This post you can read here.  The Kobe Bryant story was updated in a post made yesterday.

The Wages of Wins Journal has also been noted by Business Week.  In the June 5, 2006 issue (p. 12) our blog is recommended.  Given that our blog has only existed for about six weeks, we are very pleased to be acknowledged by Business Week. One might ask, why does Business Week think you should read our blog? “For a view of the sports world as Adam Smith would have seen it.”

One final note... The number of postings at our blog – The Wages of Wins Journal – now approaches fifty.  Today The NBA Post-Season Awards was posted.  This simply reports who the MVP, Rookie of Year, and members of the All-NBA teams would be if sports writers only considered a player’s Wins Produced.  A quick preview: The most productive player in the league was once again Kevin Garnett.

May 19, 2006

May 3, 2006

  • We are trying to post on the Authors’ blog on a regular basis. The latest entries discuss the Detroit Lions draft, the existence of “rational” actors in the NFL, the passing of John Kenneth Galbraith, and how Steve Nash and Shawn Marion played better in 2005-06 without Amare Stoudemire.

April 29, 2006

  • Here is the latest news from the past week.  Marty has made his first entry in the author’s blog, teaching the importance of sample size to fans of the Boston Red Sox.  Stacey makes another appearance, discussing the probability that the Detroit Red Wings will win the Stanley Cup in 2006.  Finally, Dave has posted an entry detailing the latest academic publication from the team of Schmidt and Berri. The paper, titled “What Takes Them Out to the Ballgame” appears in the May, 2006 issue of The Journal of Sports Economics.
  • Dave has also posted another comment at The Sports Economist, The comment notes the possibility that future labor disputes in sports might be blamed on our book.
  • Last but by no means least, we should comment on the panel on our book at the recently convened meeting of the Western Social Science Association. Organized and moderated by Jim Peach (New Mexico State), the panel consisted of a roundtable discussion of The Wages of Wins. The panelists included James Libbin (New Mexico State), James Webb (University of Missouri-Kansas City), Douglas Gegax (New Mexico State), Janet Knoedler (Bucknell University), and Dennis Clason (New Mexico State). Each panelist was given the opportunity to comment on our book, and much to our delight, all of these comments were excellent. Hopefully we will get a chance to post some of these reviews on this website. Each of us wishes to thank Jim Peach and the panelists for participating in this event.

April 19, 2006

  • Dave Berri has joined The Sports Economist, led by the ever brilliant Skip Sauer.  Dave’s first entry was posted today.  The basic story: payroll and wins are not strongly linked in baseball.  For those keeping score, this is another perspective on what Dave said at The Baseball Analysts on April 13.  If you go to The Wages of Wins Blog, you will see that Dave can talk about other subjects as well.   And it should be noted that although the link between payroll and wins is discussed at length in The Wages of Wins, this but one of many stories told in the book.  For evidence of this, see the many samples posted on this site.
  • Speaking of other subjects, Stacey Brook has made his first entry at The Wages of Wins Blog.  He comments on the level of competitive balance in the NHL this season.  In the end, Stacey wonders why an entire season of hockey had to be sacrificed for the level of balance achieved this season.
  • A panel on The Wages of Wins is scheduled for the Western Social Science Association annual meetings.  These meetings are held this year in Phoenix, AZ.  The panel convenes tomorrow, April 20, and it is listed in the program one can download from the WSSA website.  Dave Berri will be attendance.

April 16, 2006

  • Samples from each chapter have been posted in the What’s Inside section. In these samples we discuss such topics as the lack of a statistical link between market size and wins in professional sports, the accuracy of our methods to evaluate NBA players, Jordan’s tendency to play worse in the playoffs, and much more.   Remember, these are only short samples.  There is so much more in the book.
  • Two entries have been made to the Wages of Wins blog. The latest examines the choice Bill Simmons of ESPN has made for MVP in the NBA.  When one looks at the numbers it becomes difficult to defend his choice, Kobe Bryant.  Yesterday an entry was added discussing why teams at the top of the NFL draft should be doing their best to trade down.

April 13, 2006

  • Today a column written by Dave Berri titled "Can Money Buy Love in Baseball?" was posted at The Baseball Analysts.  A link to the column has been posted and it is also discussed in our blog.
  • We have also posted links to some of our favorite websites.  We will be adding to this list as we go along.