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Diamond Dollars: The Economics of Winning in Baseball | 
 enlarge | Author: Vince Gennaro
Publisher: Pub. by Maple Street Press, Dist. by Potomac Books
Category: Book
List Price: $24.95
Buy New: $7.81
You Save: $17.14 (69%)
New (21) Used (7) from $7.42
Avg. Customer Rating:  7 reviews
Sales Rank: 307783
Media: Hardcover
Number Of Items: 1
Pages: 250
Shipping Weight (lbs): 1.2
Dimensions (in): 9.1 x 6.1 x 1
ISBN: 0977743632
Dewey Decimal Number: 796.357
EAN: 9780977743636
ASIN: 0977743632
Publication Date: March 5, 2007
Availability: Usually ships in 1-2 business days
Shipping: Expedited shipping available
Shipping: International shipping available
Condition: brand new, never read,First edition, dj pristine, pages tight & crisp, Gift Quality!
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| Editorial Reviews:
Product Description
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 website
A publication of Maple Street Press, distributed by Potomac Books, Inc.
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| Customer Reviews: Read 2 more reviews...
 a lot useful June 26, 2008
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.
An excellent introduction to valuation concepts February 17, 2008
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 and bottom end of the value scales but I'll take what I can get. As far as I know this book provides the best accessible analysis of the economics of baseball so while I can see multiple areas where it could be improved (details of more teams, more insight via appendices into the valuation assumptions made at various points), it's still well worth reading.
As a side point, I think the real value of the book may be its applicability to teaching some business fundamentals. It provides a very readable introduction to a variety of valuation concepts that are not always easy to communicate. I could easily see this being a valuable addition to business schools reading lists.
 Just Like Advertised October 10, 2007
0 out of 10 found this review helpful
I received the book in brand new condition and it was actually mailed to me way before the expected date!
Heavy Duty Baseball Explanations August 27, 2007
1 out of 3 found this review helpful
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.
Very good, but not for everyone August 18, 2007
6 out of 6 found this review helpful
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 be lost. It helped me greatly that I have played and coached in addition to having been a serious fan for many years.
Second, it doesn't hurt to understand a little about the business side of anything, as this book is very business-oriented. If you have no business intuition at all, the material in this book will just fly over your head. You don't have to be a Fortune 500 CEO, but at least know a little about how businesses are run and some of the terminology.
In short, while a very good book, it's not light reading and not for everyone. Officials of baseball teams are a primary audience, and this is a must-read for such people. If you're a baseball fan and know a little about business, you'll enjoy it, although even then there will be parts that aren't easy to digest. Early on, I had a little trouble keeping up with all the information being thrown at me, from pure numbers to other facts, and it's almost too much right away. But once I got past that, the rest of the book came much more easily for me.
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