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Stumbling On Wins: Two Economists Expose the Pitfalls on the Road to Victory in Professional Sports by Martin B. Schmidt, David J. Berri

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1. Maybe the Fans Are Right

“I must say, with all due respect, I find it very hard to see the logic behind some of the moves you have made with this fine organization. In the past 20 years, you have caused myself, and the city of New York, a good deal of distress, as we have watched you take our beloved Yankees and reduce them to a laughing stock.”George Costanza upon meeting George Steinbrenner (owner of the New York Yankees): Seinfeld, “The Opposite” (season 5, 1994)

“What the hell did you trade Jay Buhner for?! He had 30 home runs and over 100 RBIs last year. He’s got a rocket for an arm. You don’t know what the hell you’re doin’!”Frank Costanza (George’s father) upon meeting George Steinbrenner: Seinfeld, “The Caddy” (season 7, 1996)1

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