{"id":4875,"date":"2012-04-05T13:35:12","date_gmt":"2012-04-05T13:35:12","guid":{"rendered":"https:\/\/www.bloomberg.com\/company\/press\/the-business-of-sports\/"},"modified":"2012-04-05T13:35:12","modified_gmt":"2012-04-05T13:35:12","slug":"the-business-of-sports","status":"publish","type":"press","link":"https:\/\/www.bloomberg.com\/company\/press\/the-business-of-sports\/","title":{"rendered":"The Business of Sports"},"content":{"rendered":"<div class='bbg-row bbg-bg--white ' data-anchor='row-6a0203a0ad380'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\">\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-8 bbg-column--offset-2'>\n\t<div class='bb-wysiwyg'>\n    \n    <p><span style=\"font-family: arial,helvetica,sans-serif;font-size: 10pt\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/data.bloomberglp.com\/company\/sites\/2\/2012\/05\/The-Business-of-Sports.jpg\" alt=\"\" title=\"The Business of Sports\" width=\"600\" height=\"411\" class=\"alignnone size-full wp-image-971\" \/><br \/><\/span><\/p>\n<p><span style=\"font-family: arial,helvetica,sans-serif;font-size: 10pt\">Toward the end of the last baseball season and into the winter, the concept of \u201c<a href=\"https:\/\/en.wikipedia.org\/wiki\/Moneyball\" target=\"_self\" rel=\"noopener noreferrer\">Moneyball<\/a>\u201d went through a renaissance with casual fans. The success of the film &#8220;<a href=\"https:\/\/www.moneyball-movie.com\/site\/\" target=\"_self\" rel=\"noopener noreferrer\">Moneyball<\/a>&#8221; starring Jonah Hill and Brad Pitt suddenly re-awakened pop culture that stats and sports could peacefully co-exist, and even produce some amazing results.<\/span><\/p>\n<p><span style=\"font-family: arial,helvetica,sans-serif;font-size: 10pt\">The business of analytics has been alive and well at <a href=\"https:\/\/www.bloomberg.com\" target=\"_self\" rel=\"noopener noreferrer\">Bloomberg<\/a> for years, especially in our <a href=\"https:\/\/www.bloombergsports.com\" target=\"_self\" rel=\"noopener noreferrer\">sports organization<\/a>. We help professional teams and players evaluate performance, and we help sports fans manage their fantasy teams. The days of slide rules, ledger sheets, and DVD\u2019s are gone. People now want and expect to have information at their fingertips at any point in time, using any device. &#8220;Moneyball 3.0,&#8221; as I like to call it, is the wave of the future.<\/span><\/p>\n<p><span style=\"font-family: arial,helvetica,sans-serif;font-size: 10pt\">So as the 2012 <a href=\"https:\/\/www.mlb.com\" target=\"_self\" rel=\"noopener noreferrer\">MLB<\/a> season dawns and we begin to gear up for other sports, one has to think about the concept of &#8220;Moneyball&#8221; and how that translates in football, basketball, car racing, soccer, etc. &nbsp;I believe statistical analysis will always have a hand in sports regardless if you&#8217;re a player or a fan. We are elated to be a leader in it, and look forward to making the advances in analytics easier and more interesting for all involved.<\/span><\/p>\n<p><span style=\"font-family: arial,helvetica,sans-serif;font-size: 10pt\">Stay tuned&#8230;<\/span><\/p>\n<p><em><span style=\"font-family: arial,helvetica,sans-serif;font-size: 10pt\"><a href=\"https:\/\/thebiglead.com\/index.php\/2011\/09\/09\/qampa-bill-squadron-has-redefined-what-it-means-to-play-sports-by-the-numbers\/\" target=\"_self\" rel=\"noopener noreferrer\">Bill Squadron <\/a>is head of Bloomberg Sports<\/span><\/em><\/p>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Toward the end of the last baseball season and into the winter, the concept of \u201cMoneyball\u201d went through a renaissance with casual fans. The success of the film &#8220;Moneyball&#8221; starring Jonah Hill and Brad Pitt<\/p>\n","protected":false},"featured_media":0,"template":"","format":"standard","categories":[17],"press_tag":[969,971,759,926,973,975,977,772],"class_list":["post-4875","press","type-press","status-publish","format-standard","hentry","category-press-announcement","press_tag-baseball-season","press_tag-bill-squadron","press_tag-bloomberg-sports","press_tag-fantasy-baseball","press_tag-fantasy-sports","press_tag-mlb","press_tag-moneyball","press_tag-sports-analytics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Business of Sports | Press | Bloomberg LP<\/title>\n<meta name=\"description\" content=\"Toward the end of the last baseball season and into the winter, the concept of \u201cMoneyball\u201d went through a renaissance with casual fans. 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