Sunk costs are hard. Admitting a cost is sunk is like fighting human instinct. Happens in life… and in sport (duh).
A sunk cost is, essentially, a cost that you can’t recover. Take, for instance, my dance classes. I pay for those in advance and I attend class one hour each week for eight weeks. After I pay that fee, that money is gone. Even if I don’t go to any classes, there is no way I’m getting that money back. Where the issue with sunk costs come in is in decision making. For instance, if before class one day someone invites me out to dinner I’ll say no because I paid for the class so I feel like I should go, even though that money is already gone and I can’t get it back so I shouldn’t be making decisions with about it any longer.
But it’s not that simple, is it?
Let’s make sure we’re all on the same page: I love the Giants. I always have. Yes, my adoration (and slight crush) on Jeremy Cameron may have been the primary cause for this but I really do love the club. So much so that I’d probably consider them my team more than the Swans, now (the Swans ruined our relationship when they got Buddy, but that’s another story).
For the past few years, I heard one comparison over and over about why Gold Coast was better: they had Gary Ablett. Yes, the man is miraculous and I do not have a bad word to say about him (although it does suck that the poor thing is constantly injured). The argument was that Gold Coast do better because they had a mentor in Ablett. Ablett is an experienced player who could “coach” younger players into what it would be like on the field, how to work together, how to behave off the field (although I think the massive drug use going on that club shows that maybe he wasn’t exactly dominating that that aspect of mentoring), and so on. Most people seemed to think that GWS should have spent some dolla dolla bills and gotten themselves an Ablett and that by getting Izzy instead, they failed their players.
That was the argument: having an experienced player taught the Gold Coast kiddies things that GWS couldn’t learn.
I feel like I owe you an explanation.
I started this blog for a few reasons but mainly because I wanted to work in sport and I wasn’t working in sport. But earlier this year, I started working for a sports marketing research company and I love it. It also means that I have an outlet to talk about sport now, which I didn’t previously.
On top of that, I started working a second job (a girl’s gotta eat, right?) which takes up a lot of time so when I have free time… I got stuff to do. And usually, writing isn’t on top of that list, no matter how much I love it.
So am I giving up the blog? Nah. But can you expect me to write at the frequency that I had been? Sorry, but no. But after I write this post, I’m going to que up a few posts for you as to not completely abandon you.
I’ll try and be better.
See you soon.
A few weeks ago, I was very intrigued by a notification I got on my phone about Adam Silver wanting to change the structure of the NBA Play-offs to include the top 16 teams overall, not top 8 in each division. He said (I stole this from sbnation.com):
“Ultimately we want to see your best teams in the playoffs,” Silver said. “And there is an unbalance and a certain unfairness. There is a proposal where the division winners would all automatically go into the playoffs and then you’d seed the next 10 best teams. I think that’s the kind of proposal we need to look at. There are travel issues of course, but in this day in age every team of course has their own plane, travels charter. I don’t think the discussion should end there. And as I’ve said, my first year I was studying a lot of these issues and year two is time to take action. It’s something I’m going to look at closely with the competition committee. I do think it’s an area where we need to make a change.”
I thought it was a cool idea… For about a millisecond. Then I remembered, I am a sports economist and I can, pretty quickly, figure out how I feel by running the number (yes, you read that correctly – numbers dictate my feelings). Continue Reading
This is an unpopular topic so I almost don’t want to broach it… but I will (and I’m prepared for the backlash so bring it on).
This month, we watched the Super Bowl (at least, you all did – I was stuck at my old job training my replacement so I had to settle for updating the NFL website whenever she was writing notes or in the bathroom). And after the game a NUMBER of people, both that I know personally and who are total strangers, commented on the half-time show and how US sporting experiences compare to Australian sporting experiences. While many of the comments contained expletives, I will use the nicest one here. They called it “humbling.”
As I have said before, Australian sports can never be and should never be American sports. But that doesn’t mean that there isn’t room for innovation. Continue Reading
Hi. It’s me. I’m back.
So I know I’m a couple weeks late on this one… but after Australia Day on 26th January (Happy Australia Day, by the way) I had a few thoughts. The first one was, “I can’t believe I have to work tonight and can’t partake in the festivities” (I was teaching 2 dance classes in the evening) and the second was, “There has GOT to be a better way to deal with rained out games.”
And I think I have one. Continue Reading
Hi, blog. I have missed you.
People ask me every so often if I still blog and why I haven’t written recently and the answer is simple: life. It’s not that I don’t love updating, because I do, and it’s not that I run out of ideas, because I don’t, but inspiration is not endless and sometimes, when I have to choose between going to the beach on the first weekend of summer or sitting down and researching a blog post for an hour, I’ll choose the former.
And I’m sorry about that.
With the new year approaching (you all know how much I love the new year) I’m inspired again. I’m not saying I’m going to be posting twice a week like I used to… but you’ll be hearing from me more often. I promise.
But not until after I ring in 2015 in style.
Happy New Year, readers. I really have missed you.