The biggest incentive for teams to employ analytics is exploiting market inefficiencies. Whenever you can exploit an inefficiency in a market it gives your team a comparative advantage over the others. In other words, you raise your team’s chances of being a successful club.
I took a look at previous work from Eric Tulsky and Michael Schuckers on draft pick value and used them to show how one may use statistical analysis to take advantage of market inefficiencies.
Let’s take a look.