World Class Faculty & Research / February 25, 2016

Spotting Free-Agent Bargains in Baseball

By using advanced baseball statistics, it’s possible to predict the monetary value of baseball players' future contributions — and avoid awarding massive multiyear contracts to players whose best days are behind them, according to new research from the Robert H. Smith School, at the University of Maryland.

In this edition of Smith Business Close-Up with the University of Maryland’s Robert H. Smith School of Business, Sean Barnes talks about this new research. Barnes and Margrét Bjarnadóttir, assistant professors in the Smith’s department of decision, operations and information technologies, examined the performance of impending free agent MLB players from 1998-2014 to determine whether they players’ contributions to their teams measured up to their salaries.

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About the University of Maryland's Robert H. Smith School of Business

The Robert H. Smith School of Business is an internationally recognized leader in management education and research. One of 12 colleges and schools at the University of Maryland, College Park, the Smith School offers undergraduate, full-time and flex MBA, executive MBA, online MBA, business master’s, PhD and executive education programs, as well as outreach services to the corporate community. The school offers its degree, custom and certification programs in learning locations in North America and Asia.

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