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Diamond Dollars: The Economics of Winning in Baseball
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Binding: Hardcover
Dewey Decimal Number: 796.357
EAN: 9780977743636
ISBN: 0977743632
Label: Pub. by Maple Street Press, Dist. by Potomac Books
Manufacturer: Pub. by Maple Street Press, Dist. by Potomac Books
Number Of Items: 1
Number Of Pages: 250
Publication Date: March 05, 2007
Publisher: Pub. by Maple Street Press, Dist. by Potomac Books
Studio: Pub. by Maple Street Press, Dist. by Potomac Books
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Editorial Review:
Diamond Dollars is a fresh, provocative, insightful, and analytical look at the business of baseball. Using the win-revenue relationship as a foundation, author Vince Gennaro delves deeply to explain how a team’s level of competitiveness impacts the “value” of its players, to explore how a well-developed farm system contributes to a team’s economic value, and to discuss some recent business trends, such as team-owned regional sports television networks. In doing so, Gennaro answers a number of questions that speak to baseball’s bottom line. How does winning affect revenues for each team? What is a player’s economic value to his team? Why does a berth in the postseason have great economic value? What is the economic value of a productive farm system? Does competitive balance exist in baseball today? He also examines the differences in small-market and large-market teams, discussing how economic and revenue opportunities vary, and highlighting the New York Yankees and the Boston Red Sox and their methods. The book Moneyball was a breakthrough for baseball because it unveiled inefficiences in the way talent was evaluated. In a similar fashion, Diamond Dollars addresses the inefficiency in the way players are compensated and delivers an unparalleled inside look at the economics of baseball today. For more information, including detailed reviews and interviews with Vince Gennaro, please log onto Maple Street Press's websiteA publication of Maple Street Press, distributed by Potomac Books, Inc.
Customer Reviews
Average Rating: 
Rating:  - a lot useful
Thanks to Mr Gennaro for writting this book, i have found it very useful and very easy to understanding it. I can recommend it to those people already vinculated to baseball world in fact to any major sport just because some generic concepts could be use in them. for my this book works a lot.
Rating: - An excellent introduction to valuation concepts
I really liked this book, though more for it's mere existence than its independent value. It does a great job of highlighting the sources of revenue for sports franchises and how the various components of a business interact to create value.
Regarding baseball, it provides an excellent basic analysis of the challenges and opportunities faced by major league teams of all sizes. I would have liked to have seen more detailed rankings of all teams rather than focusing on a few at the top ... Read More
Rating:  - Just Like Advertised
I received the book in brand new condition and it was actually mailed to me way before the expected date!
Rating: - Heavy Duty Baseball Explanations
The most confusing, yet insightfull baseball book I've read. Now I know why teams make the decisions and player moves they make. They MUST. Baseball is a business and this book explains why.
Rating: - Very good, but not for everyone
This is a very interesting book that I enjoyed, but there are certainly caveats to those who may be interested in reading this. This book isn't for everyone and there are a couple of recommended prerequisites from my vantage point.
For one, if you're just a casual baseball fan, this book is not for you. It goes into a lot of detail about the business side of baseball and on all levels, and many times I thought to myself that if I didn't know the game and players as I do, I'd probably ... Read More
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