Billy Beane

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It's all about evaluating skills and putting a price on them. Thirty years ago, stockbrokers used to buy stock strictly by feel. Let's put it this way: Anyone in the game with a 401(k) has a choice. They can choose a fund manager who manages their retirement by gut instinct, or one who chooses by research and analysis. I know which way I'd choose.

–Billy Beane [38]

After the 2002 season, the Boston Red Sox made Beane an offer of $12.5 million to become their GM, [35] but he declined. [39] On April 15, 2005, Beane received a contract extension to remain with the Athletics as the team's general manager through 2012, and new team owner Lewis Wolff awarded Beane a small portion of the team's ownership. [40] In February 2012, the Athletics extended Beane's contract through 2019. [41]

From their 2006 playoff appearance until 2012, the Athletics did not make the playoffs or finish above .500, which triggered criticism of Beane and his approach in some quarters, especially in 2009. [38] Beane largely dismisses criticism of his approach, indicating that his philosophy revolves around research and analysis. [38] Many other general managers have followed Beane's strategy and now use similar approaches. [42]

"Moneyball" has changed how players are valued, and Beane had begun concentrating on high school players, a group he once largely ignored, in the MLB draft, considering them to be heavily undervalued. [38] He and other like-minded GMs also changed their draft strategies to focus more on defensive skills, which became undervalued in the years immediately after the Moneyball revolution. This new emphasis on defense was displayed in the 2010 season; although the Athletics finished at .500 and again missed the playoffs, they led MLB in defensive efficiency, measured as the percentage of balls put into play by opponents that resulted in outs, and allowed the fewest runs in the AL. [43] In the 2012 season, the Athletics again made the playoffs under Beane, winning the AL West title on the last day of the regular season. The Athletics returned to the playoffs in 2013 by winning the American League West division title again, the team's first back-to-back division championships since the 2002 and 2003 seasons.

In December 2009, Sports Illustrated named Beane #10 on its list of the Top 10 GMs/Executives of the Decade in all sports. [44] [lower-alpha 1]

On October 5, 2015, the Athletics announced that Beane had been promoted to executive vice president of baseball operations. Assistant GM David Forst assumed the job of general manager. [45] In November 2022, Beane transitioned into a new role as senior advisor to owner John Fisher, and Forst became the new head of baseball operations. [1]

Activities outside baseball

Soccer

When the Athletics ownership group agreed to purchase the reincarnation of the San Jose Earthquakes of Major League Soccer, Beane, who has expressed a passion for soccer, began developing a system for objectively analyzing soccer players. He has agreed to help the Earthquakes front office develop a method for building a cost-effective team, as the salary cap in MLS is even more restrictive than the Athletics status as a small-market team in Major League Baseball. [46] However, a system has yet to be implemented.

Beane has regarded Arsenal's former manager Arsène Wenger as a personal idol. Beane has held discussions with Wenger, former Manchester United F.C. manager Alex Ferguson, and Liverpool F.C. owner John W. Henry. [47] His friendship with ex-Arsenal scout Damien Comolli and Arsenal owner Stan Kroenke allowed him to delve deep into the world of English soccer. [48]

In March 2015, the Dutch soccer club AZ Alkmaar, under general director Robert Eenhoorn, a former major leaguer, hired Beane as an advisor. [49] He became a shareholder of the club five years later. acquiring a 5% stake in 2020. [50] On December 19, 2017, Beane became part of a consortium led by Chien Lee to purchase Barnsley Football Club, which plays in the EFL League One, the third tier of the English football league system. [51] [52]

Software industry

On January 4, 2007, the software company NetSuite named Beane to its board of directors. NetSuite co-founder Evan Goldberg cited Beane's ability to combine facts with instinct as an important factor in the decision to involve him in the company. [53] Beane also served as a consultant for, and appears in, the video game MLB Front Office Manager . [54] [55]

Moneyball

Author Michael Lewis made Beane the subject of his 2003 best-selling book Moneyball: The Art of Winning an Unfair Game . The book explores Beane's methods as the GM of the Athletics and how he, along with Paul DePodesta, [56] used sabermetric principles to field a winning team despite an exceptionally low payroll. The book and Beane's methods have influenced the way many teams and players think about the game of baseball. [57]

The book was made into the 2011 film Moneyball , [38] in which Beane was portrayed by Brad Pitt. Pitt's performance in the film earned him an Oscar nomination for Best Actor.

Personal life

Beane's first marriage was to Cathy Sturdivant. The couple has a daughter, Casey Beane.

Beane is married to Tara Beane. [58] The couple have twins, Brayden and Tinsley Beane. [38] [59]

Beane attended the University of California, San Diego, during the baseball off-seasons of his playing career. [60]

Notes

  1. The list's only other MLB executives were Theo Epstein (No. 3) and Pat Gillick (No. 7). [44]

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References

Bibliography
In-line citations
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Billy Beane
Billy Beane - General Manager Oakland As (5964095428).jpg
Beane in 2012
Oakland Athletics
President of baseball operations
Born: (1962-03-29) March 29, 1962 (age 62)
Orlando, Florida, U.S.
Batted: Right
Threw: Right
MLB debut
September 13, 1984, for the New York Mets
Last MLB appearance
October 1, 1989, for the Oakland Athletics