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Zack Scott

👤 Speaker
408 total appearances

Appearances Over Time

Podcast Appearances

Baseball Isn’t Boring
The Realities Of No-Trade Clauses, Opt-Outs And Free Agency, With Zack Scott

And it's very easy to be humbled, but it's important to always just keep that in mind.

Baseball Isn’t Boring
The Realities Of No-Trade Clauses, Opt-Outs And Free Agency, With Zack Scott

You don't want it to paralyze you.

Baseball Isn’t Boring
The Realities Of No-Trade Clauses, Opt-Outs And Free Agency, With Zack Scott

So it's this balancing act of you want to be able to move

Baseball Isn’t Boring
The Realities Of No-Trade Clauses, Opt-Outs And Free Agency, With Zack Scott

make decisions confidently, knowing that some percentage of them are going to fail.

Baseball Isn’t Boring
The Realities Of No-Trade Clauses, Opt-Outs And Free Agency, With Zack Scott

So you can't get to a place where you're so afraid of that you don't know something or you're missing something, you're doing something wrong, that you get paralyzed by it.

Baseball Isn’t Boring
The Realities Of No-Trade Clauses, Opt-Outs And Free Agency, With Zack Scott

And so it was finding that sweet spot, which I think Theo's case, he was really good at that.

Baseball Isn’t Boring
The Realities Of No-Trade Clauses, Opt-Outs And Free Agency, With Zack Scott

Well, I think with the challenge that's happened lately is you do have all these really useful tools that come from your analytics department.

Baseball Isn’t Boring
The Realities Of No-Trade Clauses, Opt-Outs And Free Agency, With Zack Scott

Using an example of one of them, it's like an asset value model, right?

Baseball Isn’t Boring
The Realities Of No-Trade Clauses, Opt-Outs And Free Agency, With Zack Scott

Putting dollar values on players.

Baseball Isn’t Boring
The Realities Of No-Trade Clauses, Opt-Outs And Free Agency, With Zack Scott

And that's really helpful as a framework to help you make decisions, really to prevent you from making the Pablo Sandoval type mistakes is something that's like, well, we value them at this.

Baseball Isn’t Boring
The Realities Of No-Trade Clauses, Opt-Outs And Free Agency, With Zack Scott

And his market's now like twice as much as what we value him as, what are we doing?

Baseball Isn’t Boring
The Realities Of No-Trade Clauses, Opt-Outs And Free Agency, With Zack Scott

And that was part of that conversation back then.

Baseball Isn’t Boring
The Realities Of No-Trade Clauses, Opt-Outs And Free Agency, With Zack Scott

But I think the way people use these tools now is a little different.

Baseball Isn’t Boring
The Realities Of No-Trade Clauses, Opt-Outs And Free Agency, With Zack Scott

But what I think happens is people get caught up in this sense of false precision with those things, because there's a distribution of potential outcomes around those numbers.

Baseball Isn’t Boring
The Realities Of No-Trade Clauses, Opt-Outs And Free Agency, With Zack Scott

Those numbers are the median number, right?

Baseball Isn’t Boring
The Realities Of No-Trade Clauses, Opt-Outs And Free Agency, With Zack Scott

So 50% chance that

Baseball Isn’t Boring
The Realities Of No-Trade Clauses, Opt-Outs And Free Agency, With Zack Scott

guy's worth more than that 50% chance he's worth less than that.

Baseball Isn’t Boring
The Realities Of No-Trade Clauses, Opt-Outs And Free Agency, With Zack Scott

So it's good to anchor yourself in something objective.

Baseball Isn’t Boring
The Realities Of No-Trade Clauses, Opt-Outs And Free Agency, With Zack Scott

But to be to act like that's the end all be all is just not realistic.

Baseball Isn’t Boring
The Realities Of No-Trade Clauses, Opt-Outs And Free Agency, With Zack Scott

And so I think when people start to be faced with decisions where the market is deviating from their internal valuation systems, it becomes really hard because you have a GM making a decision