#5. The Moneyball Guy Gives His Formula to the Competition, Starts Losing
The Story You Saw: Moneyball
Billy Beane (Brad Pitt) is the brilliant general manager of the Oakland Athletics who hates every piece of furniture he comes into contact with.
Beane is tasked with assembling a winning team despite having the third-lowest payroll in the league. Realizing that he is totally screwed by every conventional definition of the term, Beane adopts a radical new method of evaluating players called sabermetrics, a system that values statistical analysis over the traditional practice of sitting around and deciding which guy looks best in uniform.
Ridiculed by industry professionals at every turn, the A's eventually prevail, winning 103 games during the regular season and earning a spot in the playoffs. Despite not making it to the World Series, Beane's fancy book-learning theories gain recognition for their genius and he flips over the entire inventory of an Office Depot in celebration.
The Unpleasant Epilogue
After the struggling Athletics made the playoffs three years in a row, other teams got suspicious and wanted to figure out exactly what Beane was up to. Evidently eager to help them out, Beane authorized the publication of a 288-page book, Moneyball, which provided some very specific details about Beane's thought process throughout the 2002 season. And by specific details, we mean it explained which statistics he thought were the most important and why, which players he liked and didn't like, his trading strategies and the ways he inflated the values of his players. It would be like Coca-Cola hand-delivering its secret formula to Pepsi, or the Weekly World News disclosing its investigative techniques to the CIA.
Not surprisingly, other teams began to use the same strategies outlined in the book. Nine teams hired sabermetric analysts following Moneyball's publication. This included not only poor teams that were looking to level the playing field, but also some of baseball's richest franchises, like the Mets, Red Sox and Yankees.
Predictably, the Athletics began to suck really fast, making the playoffs only once since 2003 and ranking among the worst in the league for the last five years. Despite this, their payroll actually increased and is now only the 10th worst in the league. Moneyball's author, Michael Lewis, has openly admitted that the book "probably cost the A's an opportunity or two," which is something that he maybe should have mentioned before the book was written.