Extra 2%

How Wall Street Strategies Took a Major League Baseball Team from Worst to First
CD - unabridged
Audio (1 disc)
Product Number: DD0774
Released: May 24, 2011
Business Term: Purchase
ISBN: #9781611202342
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Description

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. When former Goldman Sachs colleagues Stuart Sternberg and Matthew Silverman assumed control of the Tampa Bay Devil Rays in 2005, it looked as if they were buying the baseball equivalent of a penny stock. But the incoming regime came armed with a master plan: to leverage their skill at trading, valuation, and management to build a model twenty-first-century franchise that could compete with their bigger, stronger, richer rivals-and prevail.

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Author(s): Jonah Keri
Genre: Sports

Professional reviews

"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 The first half deals with the old-school owner, whose outdated, static ways simply could not evolve.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"

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