#nytsports

[ppixel7128]

https://x.com/larryelder/status/1767528721802797491?t=bn-nbzZXPy2FTjXT3Npp5Q&s=09

[michellekondrich]

My first published piece for @nytimes! Thanks to @zagatam for the fun assignment about Major League Soccer games moving to 9am and worries about sleeping too late, what to have for breakfast, and sleepy eyes. . This is technically my second assignment from the NYT but the pandemic killed an earlier assignment so I’m really happy they had something else for me. . Dream Client: ACHIEVED! . https://www.nytimes.com/2020/07/09/sports/soccer/coronavirus-mls-soccer-return.html . #MajorLeagueSoccer #soccer #EditorialIllustration #NYTSports #sports https://www.instagram.com/p/CCbF8kLBdCb/?igshid=idlcapq1brtw

[furryalligator]

Source: http://twitter.com/NYTSports/status/1124494132892917761

To recruit Giannis, a basketball coach offered to get the teenager's parents jobs. Was that legal? “Everything is legal and everything is illegal in Greece," the coach said. "It depends on how you label it.” https://t.co/tFQS1RIfx5

— NYT Sports (@NYTSports) May 4, 2019

[furryalligator]

Source: http://twitter.com/NYTSports/status/1115751841801875458

“Management may think that — suppose they just cut him — that they’re going to look like idiots,” said Richard Thaler, the Nobel Prize-winning economist. “Of course, what’s true is playing him makes them look like bigger idiots.” https://t.co/tbijXgK61p

— NYT Sports (@NYTSports) April 9, 2019

In truth, the decision to keep playing Davis almost certainly has more to do with his $17 million salary this year and the $93 million the Orioles owe him beyond 2019 in salary and deferred payments, which will have the team sending him paychecks through the 2037 season. Considering the amount of money the team has committed to Davis, his situation might be less suited for a manager like Hyde than it is for someone like Richard Thaler, the Nobel Prize-winning economist at the University of Chicago’s Booth School of Business.

To Thaler, the Orioles’s refusal to sideline Davis is a classic example of the sunk cost fallacy, an economic principle he detailed in his book “Misbehaving: The Making of Behavioral Economics.”

“A classic example is you order some dessert at a restaurant and it costs $15,” Thaler said in a phone interview. “You take a couple bites and you realize you were already full and this dessert is really rich, but you feel like you can’t waste the whole thing. So you eat more of it than you should.”

Ideally, Thaler said, the correct decision is to ignore any cost that has already been paid and evaluate the situation strictly on its own merit. One of his favorite illustrations of sunk cost, he said, is deciding whether or not to attend a basketball game you had purchased tickets for even though attending would mean traveling through a blizzard.

“The mistake people make is thinking that somehow using this player, or eating that dessert, or going to the game is getting some of that money back,” he said. “It’s not. It’s just making you feel a little better about a purchase that turned out to be not a very good one.”

[furryalligator]

Source: http://twitter.com/NYTSports/status/1095755371984142336

A network of sports data websites that generated a billion views last year is nestled in a building behind an old church. They'd have it no other way. https://t.co/Y8sCwTssef

— NYT Sports (@NYTSports) February 13, 2019

[furryalligator]

Source: http://twitter.com/NYTSports/status/1073965315472719874

Portland artists are getting the kind of exposure they could only dream of ... at Trail Blazers games. https://t.co/sOf8kmZgeS

— NYT Sports (@NYTSports) December 15, 2018

[furryalligator]

Source: http://twitter.com/NYTSports/status/1073842635008368642

Manchester United has few rivals when it comes to commercial success, but clubs like Liverpool have sped past it on the field while the cash registers ring. https://t.co/cr4GEBty6x

— NYT Sports (@NYTSports) December 15, 2018

[furryalligator]

Source: http://twitter.com/NYTSports/status/1055425012059029504

A broken bat becomes chopsticks...seriously. https://t.co/X37HbAbKHh

— NYT Sports (@NYTSports) October 25, 2018