Great sports franchise, bad investment… It costs $250 a share, pays no dividends, benefits from no earnings, isn’t tradeable and has no securities-law protection. Although the offering document calls the shares “common stock,” they confer almost none of the advantages of a traditional stock. The document warns that buyers “should not purchase common stock with […]
Streaming video via MLB.com
The Wall Street Journal has an interesting article today regarding MLB.com and how they outsource their streaming video technology and expertise. I watched some of the NCAA tournament games in the first round via CBS Sportsline which was powered by MLB.com. This is a great example of turning your leadership in a market niche into […]
Not sure why I’m on a baseball tangent today. It’s not like my team (the Pittsburgh Pirates) is doing very well this year. I just read an intriguing post though at Om Malik’s site theorizing that Six Apart and Major League Baseball have a baseball blog project in the works called mlblogs.com. Very interesting and […]
Baseball on the web
Rob Pegoraro of the Washington Post lists the best places on the web to follow baseball games. As MLB charges for live video feeds (that aren’t great quality anyway), monitoring games on the web is the next best thing for fans.
Solace for NHL hockey fans
With the NHL hockey season officially lost, some fans are taking matters into their own hands. An article in today’s WSJ discusses how some fans are coming to grips without NHL. Taking fantasy sports one step further, WhatIfSports.com allows users to simulate entire seasons using any combinations of past or present players. WhatIfSports says the participation in their hockey sports simulation games have increased 40-50%. With links from the NHL site, their traffic has been spiking. Raised outside of Pittsburgh and being a Penguins fan, I desperately miss the NHL (ok, not as much as if it were the NFL). But this simulation stuff may be taking it a little bit to far…
RPI rankings and calculations
After a few big wins by my alma mater, I was curious to see if our pathetic RPI ranking had moved up a bit. For those uninitiated in this arcane metric for college basketball, the Ratings Percentage Index (RPI) is the formula used by the NCAA to rate both men’s and women’s college basketball teams. The RPI is then used by the NCAA selection committee for picking teams for the tournament and establishing the brackets.
The Rating Percentage Index (RPI) was created in 1981 to provide supplemental data for the Division I Men’s Basketball Committee in its evaluation of teams for at-large selection and seeding of the championship bracket.
The RPI is intended to be used as one of many resources used by the committee in the selection, seeding and bracketing process. It never should be considered anything but an additional evaluation tool. No computer program that is based on pure numbers can take into account subjective concepts, e.g., how well a team is playing down the stretch, what the loss or return of a top player means to a team, or how emotional a specific conference game may be.
Ken Pomeroy has a re-creation of the Ratings Percentage Index for the 2005 NCAA men’s college basketball season. Pomeroy discusses the formula calculation here and here.
As interesting as all this is, the bottom line to me is where Virginia Tech falls. As of 2/19, the Hokies have an RPI of 101. Still bad, but at least we’re moving in the right direction.
Sad day to be a Pittsburgh Steelers fan
Steelersâ?? nation is in mourning today. A magical season was slammed shut and given a depressing ending yesterday evening. Deep down though, I thought this loss to the New England Patriots may happen, but I think I was in denial. Itâ??s more fun that way. Why screw up ignorant bliss? I guess there really is a reason why no rookie NFL quarterback has started in a Super Bowl.