Showing posts with label statistical model. Show all posts
Showing posts with label statistical model. Show all posts

Monday, March 14, 2011

Summary of the MIT Sports Analytics Conference

Here’s a wrap-up of the MIT Sports Analytics Conference held earlier this month, with the focus on items of interest to sports agents.

This year’s conference drew 1,500 people to the Boston Convention and Exhibition Center. Representatives from 53 different professional teams attended, according to the organizers. Now in its fifth year, the event has evolved into as much a business conference as an analytics one, with topics about sponsorships and enhancing the game day experience.

Rockets GM Daryl Morey, one of the event’s organizers, pointed out that basketball is a sport that punishes mistakes during the opening panel on developing the modern athlete. He explained how people focus on all the dunks, but mistakes are costly and need to be minimized for success. While players that shoot high percentages and avoid turnovers get little media attention, teams clearly build such contributions into their statistical models and projections.

In the same panel, Morey said that during the NBA Draft process they’re often looking for flaws more than attributes. They identify what problems a player has that they think they can improve upon. This shows why it may be a good idea to address a player’s shortcomings in draft packages and then demonstrate how they will overcome them.

The Baseball Analytics panel also had some interesting exchanges. Tom Tippett, director of baseball information services for the Red Sox, talked about the Carl Crawford contract. Although he lacked the power of most well-paid outfielders, Tippett said that between triples and home runs, Crawford clears the bases about 30 times per year. Tippett said the team also researched how Fenway Park’s dimensions would impact Crawford’s defensive performance.

Both Major League Baseball and the NBA are moving toward having a complete digital record of each game. This creates tremendous opportunities for sports agents and their staffs to analyze and present this data on behalf of their clients.

Tuesday, September 14, 2010

Caution: Falling Offense

Remember 1992? That was the last time National League offense had gone lower than the current level of 4.36 runs per game. The same goes for the American League, which has seen an even sharper scoring drop-off since last season. AL teams averaged 4.82 runs per game in 2009. That figure had plunged to 4.45 through September 14. The NL had a more gradual decline from 4.43 runs per game last year to 4.36.

This presents a challenge for agents with arbitration-eligible and free agent position players this offseason. Clubs will no doubt pull out comparables from recent seasons when the run context was substantially higher.

Fortunately, there is a solution. Agents can adjust for the decreased offense in the same way economists do so for inflation. The Sports Resource has built a statistical model that adjusts for run context, which helps your position player clients when scoring drops.

You can even turn the scoring trend into a positive for hitters: some of this season’s individual achievements will stand out even more at contract time. For example, should Jose Bautista reach 50 home runs, he will match a feat last accomplished in 1990. Look for another post on this topic in the weeks ahead.