I would imagine that given the "All-22" camera footage from a football game, it would be possible to construct a piece of software to monitor what was going on (visually identify players by name/number, determine who has the ball, etc.) and then convert that model to a stream of English text.
Making it nuanced and entertaining, on the other hand, would be a challenge. :)
The problem is small sample size. You only have the plays as called in the games to rely on. You can't "replay" the game with a different set of plays and see what the result would be.
This was a problem even in Moneyball. It's just that On-Base Percentage has a really good correlation to runs and therefore wins.
It's really all about execution on the field and the "feel" of the game.