The Diamond Dollars Baseball Case Competition was based on a case developed by Gennaro that reflected the types of complex decisions faced by MLB general managers, such as free agent signings, roster moves, or trade decisions.
Student teams developed a contract proposal to the Baltimore Orioles to sign superstar free agent Josh Hamilton. Presenters were required to provide detailed recommendations based on analyzing various statistics such as Wins Above Replacement (WAR) and Weighed On-Base Average (wOBA).
Five student teams participated in the event representing Fordham Gabelli School of Business, Fordham Law School, NYU Stern Undergraduate School of Business, NYU Stern MBA Program and our own team from the Tisch Center’s Undergraduate Sports Management program.
The judging panel included Ben Baumer former statistical analyst for the New York Mets, Michael Fishman, Director of Quantitative Analysis for the New York Yankees; and Chris Marinak, Vice President, League Economics and Strategy for Major League Baseball.
The Tisch Center’s team, Ricky Benichak, Raef Cogan, Hunter Gilbertson, James Goldstein and Michael Rappaport placed second behind the NYU Stern MBA team. The judges had high praise for all teams that included in-depth analysis of Hamilton’s performance aging curve and marquee value impact to over the course of his proposed contract.
Following the award presentation and a debriefing session with the judges, NYU-SCPS Clinical Associate Professor Wayne McDonnell conducted a one-on-one interview with Vince Gennaro, covering topics such as Gennaro’s current research and work with baseball teams, updates from the MLB Winter Meetings, and tips on how students can get a job in baseball.
Interested student teams that would like to compete on a national stage will have the opportunity to participant in the upcoming March 7-9 SABR Analytics Conference at the 2013 Diamond Dollars Case Competition.