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http://www.networkworld.com/columnists/2008/091608bradner.html
Fantasy
numbers about fantasy football
How much productivity is really lost because of fantasy
football and March Madness?
'Net Insider By Scott Bradner ,
Network World , 09/16/2008
Blazing
headlines warning that American business will lose a billion or more dollars
because of the college basketball playoffs have become a ritual of spring. Now
such sports-related doom-saying is creeping into the fall. I just saw a
headline that claimed fantasy football was going to cost American businesses
$435 million per week during the upcoming NFL season. The basic premise that
this kind of money is actually lost is more than a bit wacko, and this should
be clear to just about everyone, so why do these fantasy numbers get so widely
reported? (See "20 amazing, amusing and alarming IT
'facts'".)
Every
spring for a number of years the news media has gone all a-twitter over the
idea that the productivity of U.S. businesses will tank during the college
basketball playoffs (called March Madness by sports reporters). Last year the
cost was estimated to be $1.7 billion. In the same vein, big employee
productivity losses were forecasted due to distractions caused by the latest
Super Bowl. Most recently came headlines on Fox Business news
and elsewhere that employees playing fantasy football would waste hundreds of
millions of their employersÕ dollars every month. The Fox story quoted the
source of most of these dubious statistics as saying, "The potential
damage to morale and loyalty resulting from a fantasy football ban could be far
worse than the loss of productivity caused by 10 minutes of online team
management." Oh, this sounds real bad --
maybe businesses should band together to shut down American football in
order to protect themselves from the inattention of their own employees.
Another
big deal with March Madness, or so it was claimed, was the impact on the
corporate data network of all those employees watching streaming video of the
games that were played during business hours. Clearly the answer to that is to
get the NCAA to stop playing games during the business day.
All
of these estimates of risk to businesses seem to ultimately come from the same
source: the outplacement firm Challenger,
Gray & Christmas. Putting out this sort of big-number
impact prediction certainly has had what I assume was the desired result --
lots of free press coverage of the firm so that employers might remember
"the original outplacement company" (as its Web page puts it) when it
comes time to do some outplacement. But anyone actually looking at the numbers
has to admit that the conclusions drawn are speculative, at best.
In
the latest salvo, Challenger came up with the $435 million/week figure based on
a guess that the average player of fantasy football would spend 10 minutes per
day of their at-work time on the game and an estimate that the average player
is paid about $80K/year. Thus the number comes from making an assumption that
these workers spend, on the average, exactly the proper amount of time at work
and, if they were not working on fantasy football, they would be doing
something productive.
The estimates go out the window if the employee does not spend just the
proper amount of time at work or would go to the bathroom instead of doing
something productive were it not for fantasy football.
All
in all, these numbers are very silly indeed, but they do generate publicity for
Challenger, Gray & Christmas. Sadly, they do so because too many people in
the news media apply no critical review to what they are told and are in the
business of reporting absurdities as news (you may have observed that this case
is not the only time when this happens).
Disclaimer:
There are a lot of absurdities in history and politics, and a lot of people at
Harvard study history and politics but, as far as I know, the university has
not commented on the level of reality in losses from fantasy, football or any
other kind.
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