The Wages of Wins is a proper analysis of the data generated by professional sports; it tells many tales that are inconsistent with the myths put forward by the media, industry, and consumers of professional sport.

The next quantum leap beyond Moneyball, this book offers powerful new insights into all human decision-making, because if sports teams are getting it wrong this badly, how do you know you're not? Sometimes the decisions that teams make are simply inexplicable. Consider: sports teams have an immense amount of detailed, quantifiable information to draw upon, more than in virtually any other industry. They have powerful incentives for making good decisions. Everyone sees the results of their choices, and the consequences for failure are severe. And yet... they keep making the same mistakes over and over again... systematic mistakes you'd think they'd learn how to avoid. Now, two leading sports economists reveal those mistakes in basketball, baseball, football, and hockey, and explain why sports decision-makers never seem to learn their lessons. You'll learn which statistics are connected to wins, and which aren't, and which statistics can and can't predict the future. Along the way, David Berri and Martin Schmidt show why a quarterback's place in the draft tells you nothing about how he'll perform in the NFL... why basketball decision-makers don't focus on the factors that really correlate with NBA success... why famous coaches don't deliver better results... and much more.

Numbers Don’t Lie gives readers a multilayered understanding of basketball analytics on its own terms, describes the historical and contemporary conditions in basketball culture, science, and society that have facilitated the rise of basketball analytics, and shows the varying impact of basketball analytics.

The Business of Sports, Second Edition is a comprehensive collection of readings that focus on the multibillion-dollar sports industry and the dilemmas faced by todays sports business leaders. It contains a dynamic set of readings to provide a complete overview of major sports business issues. The Second Edition covers professional, Olympic, and collegiate sports, and highlights the major issues that impact each of these broad categories. The Second Edition continue to provide insight from a variety of stakeholders in the industry and cover the major business disciplines of management, marketing, finance, information technology, accounting, ethics and law. In addition, it features concise introductions, targeted discussion questions, and graphs and tables to convey relevant financial data and other statistics discussed. This book is designed for current and future sports business leaders as well as those interested in the inner-workings of the industry.

This is the eBook version of the printed book. Like what you've read? Get more in Stumbling On Wins: Two Economists Expose the Pitfalls on the Road to Victory in Professional Sports (9780132357784) by David J. Berri and Martin B. Schmidt. Available in print and digital formats. In basketball, spending explains less than 10% of the variation in wins. Discover what explains the other 90%! In basketball, success takes more than money. From 1997-98 to 2003-04, the Knicks finished either first or second in payroll—and won only six more games than they lost. Their “averageness” led them to hire Isiah Thomas. Few people knew more about basketball. Thomas’s path to disaster began with his first move: sending several players and draft picks to the Suns for players, including Stephon Marbury.

The sports industry is large, visible, and growing—and it has a huge impact on society. That's obvious to die-hard fans who not only watch sporting events but buy everything from balls to ties to paperweights with their favorite team's logo. But even sports haters can't escape the onslaught of professional sports: They are asked to chip in as taxpayers to build public stadiums, and their children are, like it or not, exposed to events sponsored by alcohol and tobacco companies, not to mention the juvenile antics of star athletes. Businesses, of course, take a hit in productivity when the Olympics—or World Series or Super Bowl or World Cup—rolls around. Yet most of us love to watch, and play. The Business of Sports takes on this endlessly fascinating behemoth of an industry to make sense of it all. Yes, sports is big business. How big? Estimates of total annual U.S. spending on sporting goods and services range from $250 to $560 billion a year, and spending related to organized sport alone has been estimated at $200 billion per year. And it's getting bigger, casting an ever-larger shadow over the entire globe. The Business of Sports throws light on the subject by exploring the business and economic dynamics of the industry from a diverse array of perspectives that cover the industry's macroeconomic, management, and marketing/promotion issues. —Volume 1, Perspectives on the Sports Industry, documents the current size, scope, and magnitude of the sports industry in the U.S. and abroad—including the U.K. and China. It also examines the importance of the world's most visible sporting events, like the Olympics, and the impact of sporting events broadcast around the world. —Volume 2, Economic Perspectives on Sport, takes an in-depth look at the sports industry from an economic perspective. The volume delves into the inner workings of leagues and teams, covering economic issues from the design of sports leagues to franchise financial valuations to salary caps to labor relations. —Volume 3, Bridging Research and Practice, fills the gap between scholarly research on sport and practitioners working in the industry. Topics include evaluating talent, maintaining managerial efficiency, analyzing statistical performance indices, and assessing the noneconomic benefits of professional sports. Business and sports are a potent mix of two of the strongest forces moving our society today. And, as the stratospheric salaries of professional athletes indicate, the industry is going through major growth and change. To make sense of it all, it helps to understand the underlying economic principles driving the business decisions made daily by owners and managers in all corners of the world. The unique, multivolume format of The Business of Sports allows sports nuts, journalists, business people, and students to explore the wide variety of issues that fuel the world's crazy passion for all things athletic.

In 1972 Selma James set out a new political perspective. Her starting point was the millions of unwaged women who, working in the home and on the land, were not seen as “workers” and their struggles viewed as outside of the class struggle. Based on her political training in the Johnson-Forest Tendency, founded by her late husband C.L.R. James, on movement experience South and North, and on a respectful study of Marx, she redefined the working class to include sectors previously dismissed as “marginal.” For James, the class struggle presents itself as the conflict between the reproduction and survival of the human race, and the domination of the market with its exploitation, wars, and ecological devastation. She sums up her strategy for change as “Invest in Caring not Killing.” This selection, spanning six decades, traces the development of this perspective in the course of building an international campaigning network. It includes excerpts from the classic The Power of Women and the Subversion of the Community which launched the “domestic labor debate,” the exciting “Hookers in the House of the Lord” which describes a church occupation by sex workers, an incisive review of the C.L.R. James masterpiece The Black Jacobins, a reappraisal of the novels of Jean Rhys and of the leadership of Julius Nyerere, the groundbreaking “Marx and Feminism,” and more. The writing is lucid and without jargon. The ideas, never abstract, spring from the experience of organising, from trying to make sense of the successes and the setbacks, and from the need to find a way forward.

The Professionalisation of Women’s Sport draws upon the expertise of a range of scholars from the fields of sport sociology, sport history, sport economics to critically discuss the complex and often fragmented histories of women’s involvement in professional sport.

Is there a fundamental new catalyst that can significantly enhance access, affordability and quality of products and services to hundreds of millions of Indians? This catalyst is in the form of a new generation of start-up founders who are leveraging technology platforms, smartphone access, and rapid digitization of the Indian consumer. These young founders don't carry the baggage of the past and are attracted to the opportunity of breaking open the massive market of Middle India-the next 400-500M Indians just below the top of the pyramid. This book is about this new and powerful force of change blowing across India-what it takes to harness this and reshape the destiny of this country.