Ohlendorf majored in Operations Research and Financial Engineering at Princeton, a major that combined mathematics, engineering and economics. His thesis was written on the June amateur draft, which will be held on Tuesday. Ohlendorf examined the top 100 picks from 1989-1993, tracked the progress of each player for a 12-year-period, starting with the draft, to determine the value of the picks. Ohlendorf studied the investment (signing bonus) and the financial return from signing the player.
"So based on the assumptions I made in my paper, the A's signing Giambi was the biggest winner in top 100 picks of the 1989 through 1993 drafts because he played extremely well in his first six years of major league service,'' Ohlendorf said. "The White Sox did the best job in these drafts, with an internal rate of return of 217 percent. Their best signing was Frank Thomas.''