Coaching Coaches cover logo

Paul Oyer, Stanford – Economic Value of Tradition, Reckless Spending in Sports, & The Most Insane Stat You’ve Ever Heard

56m · Coaching Coaches · 17 Jan 10:00

My guest today is Paul Oyer, a professor of economics at the Stanford Graduate School of Business. He’s also the author of An Economist Goes to the Game: How to Throw Away $580 Million and Other Surprising Insights from the Economics of Sports.

Paul and I start with the most insane statistic I have come across in my entire life. Then we blow through a number of topics, including gambling, the NIL, the effects of conference realignment within college athletics, public financing of private stadiums, why coaches get huge buyouts, and most importantly, why I was serving a huge need by reselling a boatload of UF football tickets when I was in undergrad. This was a fun conversation on the future of sports related to a number of topics with a bright mind and I hope you enjoy the episode.

Follow Colby: Twitter | LinkedIn

Follow Coaching Coaches: Newsletter (FREE!) | Twitter | YouTube

The episode Paul Oyer, Stanford – Economic Value of Tradition, Reckless Spending in Sports, & The Most Insane Stat You’ve Ever Heard from the podcast Coaching Coaches has a duration of 56:31. It was first published 17 Jan 10:00. The cover art and the content belong to their respective owners.

More episodes from Coaching Coaches

Paul Oyer, Stanford – Economic Value of Tradition, Reckless Spending in Sports, & The Most Insane Stat You’ve Ever Heard

My guest today is Paul Oyer, a professor of economics at the Stanford Graduate School of Business. He’s also the author of An Economist Goes to the Game: How to Throw Away $580 Million and Other Surprising Insights from the Economics of Sports.

Paul and I start with the most insane statistic I have come across in my entire life. Then we blow through a number of topics, including gambling, the NIL, the effects of conference realignment within college athletics, public financing of private stadiums, why coaches get huge buyouts, and most importantly, why I was serving a huge need by reselling a boatload of UF football tickets when I was in undergrad. This was a fun conversation on the future of sports related to a number of topics with a bright mind and I hope you enjoy the episode.

Follow Colby: Twitter | LinkedIn

Follow Coaching Coaches: Newsletter (FREE!) | Twitter | YouTube

Francesca Gino, Harvard - Steve Kerr, Exploring Your Curiosities, & Embracing Your Rebellious Side (w/ Oliver Winterbone)

My guest today is Francesca Gino, a professor at Harvard Business School focused on why people make the decisions they do at work, and how leaders and employees have more productive, creative and fulfilling lives.

Harvard is well-known for their case studies being used by colleges and companies all over the world, and when I saw she wrote a case study on Steve Kerr, I had to get her on the podcast. Our conversation today starts with lessons learned from studying and talking to Coach Kerr. Then we shift to the topic of her best selling book, Rebel Talent: Why it Pays to Break Rules in Work and Life. She was one of the most impressive people I’ve talked to before, and if I haven’t convinced you to listen yet, know she had just finished a session teaching an NBA staff on various topics.

My co-host today is Oliver Winterbone, Director of Coaches and Executives at Wasserman, one of the premiere talent management companies in the world. He previously worked for the Oklahoma City Thunder and University of Florida Men’s Basketball program in various roles. The Athletic named him to their NBA 40 under 40 list earlier this year.

Mo Cheeks national anthem clip

Follow Colby: Twitter | LinkedIn

Follow Coaching Coaches: Newsletter (FREE!) | Twitter | YouTube

Daniel Coyle - The Culture Playbook: The Secrets of Highly Successful Groups & How To Apply Them To Your Own Team (w/ Oliver Winterbone)

My guest today is Daniel Coyle, best-selling author of The Talent Code, The Culture Code, and his newest book that was released this week, The Culture Playbook: 60 Highly Effective Actions to Help Your Group Succeed.

In this episode, Daniel shares insights he’s learned about how to build a strong culture, what some best practices are around hiring and team building, and what he’s learned from consulting with the Cleveland Guardians.

My co-host today is Oliver Winterbone, Director of Coaches and Executives at Wasserman, one of the premiere talent management companies in the world. He previously worked for the Oklahoma City Thunder and University of Florida Men’s Basketball program in various roles. The Athletic named him to their NBA 40 under 40 list earlier this year.

Follow Colby: Twitter | LinkedIn

Follow Coaching Coaches: Newsletter (FREE!) | Twitter | YouTube

SPECIAL: Jeff Seder – The Best Moneyball Story of All-Time (via The Meb Faber Show)

Today’s episode features a conversation between Jeff Seder and Meb Faber on The Meb Faber Show podcast. In my last episode with Seth Stephens-Davidowitz, we touched on the incredible story of Jeff Seder and how utilizing data led him to go all-in on American Pharoah and later tell his employer, “Sell your horse, don’t sell this horse.” Wise words considering the horse would go on to become the first Triple Crown winner in 37 years.

Meb was kind enough to allow me to release the episode on my feed here for you to listen to.

That being said, if you enjoy the episode and want to repay the favor to Meb, or are looking for a podcast on investing and what’s going on in the economy, whether it’s the freakonomics of weed, what in the world is going on in the housing market, or hearing about the impact of the Russia/Ukraine war on geopolitics, be sure to check out and subscribe to The Meb Faber Show. And if you want to test it out, he released an episode yesterday with some of the best clips from this year.

Now enjoy this conversation between Meb Faber & Jeff Seder.

Other episodes from The Meb Faber Show I’d recommend:

  • Gio Valiante

  • Richard Thaler

  • Dan Ariely

  • Leonard Mlodinow

  • Dan Cooper

Follow Colby: Twitter | LinkedIn

Follow Coaching Coaches: Newsletter (FREE!) | Twitter | YouTube

Seth Stephens-Davidowitz: Moneyball For Your Life

My guest today is Seth Stephens-Davidowitz, author of Don't Trust Your Gut: Using Data to Get What You Really Want in Life.

I’m not sure if there’s someone whose work is more fascinating to me than Seth. His first book, Everybody Lies, looked at how our Google searches reveal our true selves with topics like racism, child abuse,

This book looks at what the data says on how to live a better life. We touch on parenting, finding a spouse, being a sports fan, what sport your child should play if they want the best chance to get a college scholarship, and how much of an athlete’s success is nature vs. nurture. His work is as fun as it is insightful and I’m sure you’ll love this episode. Note this does contain some mature content towards the end of the episode.

Resources:

Jeff Seder’s appearance on The Meb Faber Show

Follow Colby: Twitter | LinkedIn

Follow Coaching Coaches: Newsletter (FREE!) | Twitter | YouTube

Every Podcast » Coaching Coaches » Paul Oyer, Stanford – Economic Value of Tradition, Reckless Spending in Sports, & The Most Insane Stat You’ve Ever Heard