This case was prepared by the author for the Diamond Dollars Case Competition in March 2013. It was developed for the purpose of a case discussion. It contains various assumptions that were generated for illustrative purposes and is not intended to serve as a source of primary data. It takes the hypothetical 2013 performance of young baseball superstar Mike Trout to provide students with an opportunity to apply analytical skills to the types of real-world problems faced by professional sport organizations. The case study invites students to weigh the many factors that Los Angeles Angels management must consider in determining how to realistically negotiate with Trout for the benefit of the ball club following the 2013 Major League baseball season.
Vince Gennaro is President of the Society for American Baseball Research (SABR), author ofDiamond Dollars: The Economics of Winning in Baseball, a consultant to Major League Baseball (MLB) teams, and he teaches in the graduate programs at Columbia University and Manhattanville College. This case was prepared solely by him for use in the Diamond Dollars Case Competition held at the SABR Analytics Conference in Phoenix, Ariz., in March 2013. Eleven colleges and universities competed in two divisions—graduate and undergraduate—with MLB executives serving as judges for the competition. The Diamond Dollars Case Competition is a series of competitions held at various locations for the purpose of providing students with an opportunity to apply their critical thinking and analytical skills to the types of real-world problems faced by Major League Baseball front offices.