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How Major League Baseball Teams Have Assessed Player Value Over the Years
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Chikish, Iuliia
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Spring 2025
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2025
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9735_Daniel_Rosario.pdf
Adobe PDF, 1.79 MB
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In 2002 the Oakland athletics made a drastic change in how the acquired players. This change being that they implement the Moneyball Strategy, which is a strategy that helps low-budget teams like the Athletics compete with high-budget teams by using a statistical analysis of baseball players that helps evaluate a player's contribution to a team, and it is a beneficial approach for low-budget teams to get undervalued players. With this in mind I found multiple resource on how team evaluate players, such as their health, age, performance among other. For my study specifically, I collected the total runs scored and the payroll for each MLB team from 1997-2024 to see if over time, teams used their money more effectively. I also collected the win percentage of all teams for the seasons 1998, 2008, 2002, and 2023 to graph and show the winning percentage and cost per run trend. With my data collected, the results showed no decrease in average run scored, and after 2002, payrolls continued to increase, and team efficiency remained low, but the winning percentage gap became smaller. Overall, my goal was to see if Moneyball made a difference and if it caused teams to be more efficient with their money; however, the result showed that while Money ball may have influenced some teams, it did not lead to a large increase in cost efficiency across the MLB league.
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