SLG meaning in Sports ?

In baseball statistics, slugging percentage (SLG) is a measure of the batting productivity of a hitter. It is calculated as total bases divided by at bats, through the following formula, where AB is the number of at bats for a given player, and 1B, 2B, 3B, and HR are the number of singles, doubles, triples, and home runs, respectively:

Unlike batting average, slugging percentage gives more weight to extra-base hits such as doubles and home runs, relative to singles. Plate appearances resulting in walks, hit-by-pitches, catcher's interference, and sacrifice bunts or flies are specifically excluded from this calculation, as such an appearance is not counted as an at bat (these are not factored into batting average either).

The name is a misnomer, as the statistic is not a percentage but an average of how many bases a player achieves per at bat. It is a scale of measure whose computed value is a number from 0 to 4. This might not be readily apparent given that a Major League Baseball player's slugging percentage is almost always less than 1 (as a majority of at bats result in either 0 or 1 base). The statistic gives a double twice the value of a single, a triple three times the value, and a home run four times. The slugging percentage would have to be divided by 4 to actually be a percentage (of bases achieved per at bat out of total bases possible). As a result, it is occasionally called slugging average, or simply slugging, instead.

A slugging percentage is always expressed as a decimal to three decimal places, and is generally spoken as if multiplied by 1000. For example, a slugging percentage of .589 would be spoken as "five eighty nine," and one of 1.127 would be spoken as "eleven twenty seven."