How AI is Changing the Professional Sports World

Bloomberg Television
4 Mar 202405:41

Summary

TLDRThe transcript explores the growing role of analytics and AI in sports, particularly in player evaluation, contract negotiations, and in-game decision making. It highlights the integration of advanced data like player tracking and kinematics to extract granular insights beyond traditional box scores. The discussion touches on the balance between analytics and traditional expertise, as well as the evolving landscape where agents and players must understand these metrics. It also delves into the varying degrees of analytics adoption across different sports, with baseball being an early adopter. The future holds the potential for even more detailed data like player kinematics, redefining how sports are analyzed and understood.

Takeaways

  • 📊 The increasing availability of player tracking data in sports allows analysis beyond traditional box score stats, including player movement and positioning on the field/court.
  • 💰 Key questions from coaches and team owners revolve around player valuation, optimal contract terms, and identifying high-value situations during games.
  • 🏅 There is a need to bridge the gap between data analytics and traditional expertise/intuition from experienced coaches and scouts.
  • 📈 The use of analytics is more advanced in sports like baseball, which had player tracking data available earlier than others.
  • 🤖 AI and machine learning techniques are being leveraged along with data to gain insights and make strategic decisions.
  • 💼 Player agents also need to understand analytics to effectively negotiate contracts and player valuations with teams.
  • 🌉 Bridging the mathematical/analytical background with practical sports knowledge is crucial for successful application of data science in sports.
  • ⚽ Different sports are at varying stages of embracing analytics, with some like basketball now exploring more advanced data like player kinematics (joint movements).
  • 📺 Broadcasting and fan experience may need to adapt to explain the advanced metrics being used by teams, which are unfamiliar to many viewers.
  • 🔮 The evolution of sports analytics involves incorporating increasingly granular data sources to gain deeper insights into player performance and game situations.

Q & A

  • What is player tracking data, and how is it different from traditional box score statistics?

    -Player tracking data involves tracking the precise locations of players on the field or court at high resolution during a game. This data can reveal insights beyond just traditional box score statistics like points scored, assists, etc. It allows analysis of player movement, positioning, and other aspects of gameplay not captured in basic box scores.

  • What are the two main areas where sports analytics is applied, according to the script?

    -The two main areas are 1) Player evaluation and valuation for things like contract negotiations, and 2) In-game strategy and coaching decisions to maximize value and scoring opportunities.

  • Why is it important to have a combination of data experts and domain experts (those with experience in the sport itself) when applying analytics to sports?

    -Having just data without deep understanding of the sport itself is not enough. Domain experts who have worked in sports teams understand the practical questions and needs teams have. Combining data expertise with that real-world experience allows for more meaningful and applicable analysis.

  • How might sports analytics be useful for player agents when negotiating contracts?

    -Analytics can provide data-driven valuations of a player's worth that teams may use in contract negotiations. Agents need to understand the analytics to argue for their client's value beyond just the numbers, if needed.

  • What transferable skills did the speaker gain from their background in applied mathematics that are useful in sports analytics?

    -Some key transferable skills mentioned are coding, analyzing large datasets, creating visualizations, and communicating complex results to general audiences.

  • Which sport is highlighted as being an earlier adopter of advanced analytics?

    -Baseball is mentioned as having adopted advanced data and analytics earlier than other sports, particularly due to having more granular data available for a longer period.

  • What is the next frontier in basketball analytics mentioned in the script?

    -The emerging frontier is player kinematics data, which involves tracking precise locations of joints like wrists, elbows, and shoulders to analyze shooting motions and other detailed movements.

  • How does the rise of advanced stats and analytics affect broadcasting of sports?

    -The script suggests there is a need for broadcasters to provide tutorials or explanations of the advanced metrics being referenced, which may be confusing for viewers only familiar with traditional stats.

  • What motivated the speaker to pursue a career combining math and sports analytics?

    -The speaker mentions always loving both math and basketball, so pursuing a field that combined those two passions was the perfect blend.

  • In what ways is player evaluation data useful beyond just determining contract value?

    -While contract valuation is a major use, the data can also inform decisions around which players or teams to acquire, as well as the optimal length of contracts to offer.

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