January 27, 2016 (vol. 125, iss. 60) • Page Image 13
…Wednesday, January 27, 2016 // The Statement 6B MONEYBALL: by Karl Williams, Managing Statement Editor F rom the standpoint of an economist, it’s often difficult to measure the financial performance of a company in relation to the quality of its product. But sports offer a remarkably clear competitive market — there’s no ambiguity whether a team wins or loses. While the performance of the players on the field determines a team’s ...…