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The Extra 2%

How Wall Street Strategies Took a Major League Bas

Audiobook
1 of 1 copy available
1 of 1 copy available
What happens when three financial industry whiz kids and certified baseball nuts take over an ailing major league franchise and implement the same strategies that fueled their success on Wall Street? In the case of the 2008 Tampa Bay Rays, an American League championship happens - the culmination of one of the greatest turnarounds in baseball history. In The Extra 2%, financial journalist and sportswriter Jonah Keri chronicles the remarkable story of one team's Cinderella journey from divisional doormat to World Series contender. By quantifying the game's intangibles, they were able to deliver to Tampa Bay an American League pennant. This is an informative and entertaining case study for any organization that wants to go from worst to first.
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    • AudioFile Magazine
      Any fan of baseball within the last 20 years will appreciate the game's changes off the field. This book breaks down the evolution of the Tampa Bay Rays' existence from the vantage of the front office. The first half deals with the old-school owner, whose outdated, static ways simply could not evolve. The second half focuses on the new owner, who cut his teeth in the private equity market rather than the ball field. Lloyd James keeps pace with a clear tone, but his botched pronunciations of at least half a dozen players' names will jar fans who know better. However, they won't impede the enjoyment of the book, which is a fascinating story that never bogs down with too many numbers. M.B. (c) AudioFile 2011, Portland, Maine
    • Publisher's Weekly

      March 28, 2011
      An entertaining sports book that switch-hits as a business guide to achieving success, Keri's first major effort (after editing Baseball Between the Numbers) chronicles the ups and downs of Major League Baseball in Tampa, Fla. In 2005, former Goldman Sachs partners Stuart Sternberg and Matthew Silverman acquired the Tampa Bay Devil Raysâa hapless franchise that had debuted in 1998 and was left battered and embarrassed by a cheapskate owner. The dynamic duo exorcised the "Devil" and rebranded the team the Rays, repaired community and corporate relations, and used a model approach to build the 2008 World Series champions. The book's title comes from Sternberg telling Keri that the Rays had to do everything 2% better to beat the odds in professional sports' toughest division. Keri, a financial reporter, takes inspiration from Michael Lewis's trailblazing Moneyball, and can recount a ball game and break down revenue with equal ability. His flair for pitching opinion spares neither Major League Baseball nor the Rays organizationâwhose tightly guarded front-office honchos granted Keri generous access. The result is an eye-opening look at where the business of America's pastime is headed.

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  • OverDrive Listen audiobook

Languages

  • English

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