Some of you may have already heard of Protrade. John Beamer took a comprehensive look at it for the Hardball Times earlier this week. Essentially it is where fantasy sports meet a stock market. Using fictional dollars you can look for undervalued players to buy or overvalued players to short.
Just recently, Protrade started doing this for teams as well. Taking a look at the Tigers, the market rates them as the 13th best team in MLB at 103.48. So how is that value achieved?
Using the pricing widget you input the number of wins you expect for the season, as well as post season performance. It is one dollar for each win, and $10 for making the postseason, plus additional monies for how far the team goes.
Speculating that the Tigers win 90 games, and take care of business in the ALDS before going down in 5 games in the ALCS would value the team at $126. This seems to be a reasonable, (and a little hopeful) expectation. The fact that the market prices them North of $100 means that there is a reasonable expectation that the Tigers at least make the playoffs.
This certainly seems fun, and and interesting thing to watch as the season progresses and we learn more about each team. It doesn’t cost anything to play with the pricing widget, so give it a try and let me know how you’d value the team.
And if you were wondering AL Central foes the Twins and Indians rank 5th and 6th respectively.
You are true evil, Billfer. I work as an investment manager and you just combined two of the things I enjoy the most.
How can I ever repay you?
You work as an investment manager. So you just answered your own question 😉