FM-Bench: A Benchmark for Long-Horizon Management with Competing Agents
Summary
FM-Bench is a new benchmark for evaluating long-horizon decision-making of LLM agents managing a football club over 20 years, revealing that managerial behavior drives performance more than model scale or token spend.
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Paper page - FM-Bench: A Benchmark for Long-Horizon Management with Competing Agents
Source: https://huggingface.co/papers/2608.18423
Abstract
FM-Bench evaluates long-horizon decision-making of LLM agents managing a football club over 20 years, revealing that managerial behavior rather than scale or token spend drives performance.
Language model agents now execute bounded tasks reliably. Whether they can sustain effective decision-making over long horizons, where actions have cumulative consequences and the environment responds to their choices, remains largely unmeasured.FM-Bench(Football Management Benchmark) measures this. An LLM agent runs a football club for 20 in-game years through 26 tools and roughly 340 to 400 decision stops. It drafts a squad on the same budget as every rival, trades players, negotiates contracts, invests in facilities and youth, sets lineups, and answers to a board that can fire it, while adeterministic engineaccumulates every year into one final score with no LLM judge or human rater. The solo track plays each of 15 frontier models against a frozen scripted world, and the Arena places the same models plus ascripted anchorin one shared 20-year world; to our knowledge, the first head-to-head evaluation at this scale. We measure six behavioral capabilities behind the score. Across three seeds, all 15 models complete every horizon while the blind scripted baselines die out in most of theirs, and claude-fable-5 tops the solo board on mean score and the Arena, where the title nonetheless rotates among ten models. Neither scale, price, nor vendor predicts the order; the order settles only late in the horizon, and the best first-play human lands only at the bottom of the model board. What separates the models is managerial behavior rather than computation. Higher-scoring models reduce slow-payoff investment near the end, keep cash invested rather than idle, and open renewals well before the deadline, while token spend predicts nothing. No model learns the market’s hidden prices from hundreds of rejected bids, andself-managed memoryfails in two opposite modes: an archive that only grows or a plan rewritten every season. Code is available at https://github.com/Analogy-AI/fm-bench.
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