Moneyball: The Art of Winning an Unfair Game
Moneyball: The Art of Winning an Unfair Game
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| Author | Michael Lewis |
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| Country | United States |
| Language | English |
| Genre | Non-fiction |
| Publisher | W. W. Norton & Company |
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Publication date
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June 17, 2003 |
| Media type | Print (Hardcover) |
| Pages | 288 |
| ISBN | |
| OCLC | 51817522 |
| 796.357/06/91 | |
| LC Class | GV880 .L49 2003 |
| Preceded by | Next: The Future Just Happened |
| Followed by | Coach: Lessons on the Game of Life |
Moneyball: The Art of Winning an Unfair Game is a book by Michael Lewis, published in 2003, about the Oakland Athletics baseball team and its general manager Billy Beane. Its focus is the team's analytical, evidence-based, sabermetric approach to assembling a competitive baseball team, despite Oakland's disadvantaged revenue situation. A film based on the book starring Brad Pitt and Jonah Hill was released in 2011.
The central premise of Moneyball is that the collective wisdom of baseball insiders (including players, managers, coaches, scouts, and the front office) over the past century is subjective and often flawed. Statistics such as stolen bases, runs batted in, and batting average, typically used to gauge players, are relics of a 19th-century view of the game and the statistics available at that time. The book argues that the Oakland A's' front office took advantage of more analytical gauges of player performance to field a team that could better compete against richer competitors in Major League Baseball (MLB).
Rigorous statistical analysis had demonstrated that on-base percentage and slugging percentage are better indicators of offensive success, and the A's became convinced that these qualities were cheaper to obtain on the open market than more historically valued qualities such as speed and contact. These observations often flew in the face of conventional baseball wisdom and the beliefs of many baseball scouts and executives.
By re-evaluating the strategies that produce wins on the field, the 2002 Athletics, with approximately US$44 million in salary, were competitive with larger market teams such as the New York Yankees, who spent over US$125 million in payroll that same season. Because of the team's smaller revenues, Oakland is forced to find players undervalued by the market, and their system for finding value in undervalued players has proven itself thus far. This approach brought the A's to the playoffs in 2002 and 2003.
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