First off, you’re welcome. We put the “Thank you” in your mouth because you were too proud to say it. How did we know you were thinking it? Cause you’re a fantasy baseball nutjob, just like us. We appreciate you here. So much so, we’ve covered the 2008 fantasy baseball draft lists for every single position. Eat them with a slice of humble pie:
Here’s our 2007 Player Rater for some prospective. One of these days, Rudy Gamble will get around to doing our 2008 Player Rater. When? When he's finished combing CHONE, ZIPS, PECOTA, ROTOWORLD and ROTOWIRE, that's when. Until then...
Looking forward to 2008, we look back at what happened with Aramis Ramirez in 2007. His stats were: 72/26/101/.310. Not numbers that killed your team, but, for where you had to draft him, he definitely didn’t produce numbers that made you happy. In fact, Adrian Beltre finished ahead of him on our PLAYER RATER (explanation of our player rater HERE). Aramis’s 26 home runs were his lowest total since 2002 when he hit a paltry 18. So what happened?
On April 13th, 2007, this is what was reported by ESPN:
Third baseman Aramis Ramirez, one of the Chicago Cubs' hottest hitters during the first eight games, was out of the lineup with a swollen right wrist Friday and was sent to a hand specialist to be examined.
As we’ve seen time and again, wrist injuries completely zap the power from hitters -- I’m talking to you, Derrek Lee. Then to compound matters in June, Aramis hit the DL with knee tendonitis. Hard to say when the pain subsided, but his numbers look like he was playing through injury for a while. He had only six home runs combined in June, July and August. His batting eye, though, never wavered, batting nearly .340 for those months. So what can be expected for 2008?
Well, wrist injuries linger -- I'm talking to you, Hideki Matsui, through a translator, of course -- yet there was an extremely promising sign for Aramis’s 2008 campaign. In September of ‘07, Aramis hit 8 of his 26 home runs, a sign that his power was already returning as the season drew to a close. With some extra R & R in the offseason (Aramis seems like a deep-sea fisherman to me), he should be back to swatting home runs in the friendly confines. While your leaguemates look at Aramis’s ’07 numbers and pass him by on draft day, you can draft him with confidence as a rebound is in order. OTHER FANTASY NEWS:
In two previous articles (part 1 and part 2), we’ve laid out alternative views for judging the most valuable player in 2007 5x5 MLB fantasy baseball (we say Peavy) and for pitchers – using and abusing the ESPN Player Rater in the process.
In this article, we’re going to focus on valuing hitters. The questions we will tackle are:
1) What is the value of each hitting stat? 2) How does position depth/scarcity affect a player’s overall value? 3) How does our approach to hitter value compare against the ESPN Player Rater?
To download our player rankings for 2007, please click here. To view the ESPN Player Rater.
What is the value of each hitting stat?
Our approach towards valuing player stats is to look at two factors: 1) the difference between a player’s statistics and those provided by the best available option (BAO) on the free agent wire (which would take position depth/scarcity into account) and 2) the impact that stat difference might have on a league’s standings (ambivalent to position).
We’ll set position scarcity aside for a second to look at the composite stats for the BAO hitter in 2007: 67 Runs / 14 HR / 65 RBI / 6 SBs / .277. The closest player equivalent to these stats is Luis Gonzalez.
We used the final standings of our fantasy league to understand the impact of each statistic by looking at the standard deviations between teams’ totals. While it would be better if we had more league standings on which to base these standard deviations, we still feel this is superior to building ratios off team averages because it takes into account that some statistics have larger percentage gaps between teams vs. others. This is most evident when looking at HR vs. SB – while the average team in our league average 1.69 HRs to 1 SB and the BAO has a HR:SB ratio of 2.33:1, the observed impact on a team was actually 1:0.77 or that a HR has more value (not even counting the R/HR/RBI/AVG implications) to a team’s rank in the standings than an SB.
The ratio for these stats based on our analysis was: 3.3 Runs / 1 HR / 2.8 RBI / 1.3 SBs / .003 AVG. Points are credited based on these ratios (a point actually equals the above ratio * 4.6) after subtracting the BAO's stats.
Okay, let’s do two comparisons to show this works in action.
Eric Byrnes (103 / 21 / 83 / 50 / .286) vs. Miguel Cabrera ( 91 / 34 / 119 / 2 / .320)
This is an interesting one as it asks that inevitable question – how much are SBs really worth? Is it worth the addition 48 SBs to sacrifice those HRs, RBIs, and AVG that Miguel Cabrera provides? Let’s look at the points comparison of R/HR/RBI/AVG:
Runs: Byrnes 2.4 to 1.5 HRs: Cabrera 3.95 to 1.55 RBIs: Cabrera 3.95 to 1.43 AVG: Cabrera 3.48 to 1.01
(Note: While it might not look right that Cabrera’s 34 HRs could be worth 2.5x that of Eric Byrnes 21 HRs, remember that the BAO provides 14 HRs. So this is really a comparison of 20 HRs (34-14) vs. 7 HRs.)
Counting just these stats, Cabrera is about twice as valuable as Eric Byrnes (12.89 to 6.39).
But Eric Byrnes’ 50 SBs is huge given the average team only had 162 SBs in our league. A total like this could let you dominate SBs or focus on non-speed guys when filling out other positions (say, taking Khalil Greene’s 27 HRs instead of J. Lugo’s 33 SBs).
Eric Byrnes’ 50 SBs equates to 7.25 points in our scale while Cabrera’s 2 SBs equate to negative 0.45 points because it’s less than the BAO would’ve provided (which is 6). So factoring in SBs, Eric Byrnes is the more valuable fantasy hitter (13.6 to 12.4). But if your team was set for SBs, trading Eric Byrnes for Miguel Cabrera would be a no-brainer.
This comparison focuses on Polanco’s AVG contribution vs. Uggla’s power contribution.
Runs: Uggla 2.65 to 2.12 HRs: Uggla 4.0 to -0.78 RBIs: Uggla 1.94 to 0.30 SBs: Polanco -0.05 to -0.86
(Note: These comparisons do factor in position scarcity – hence, Uggla’s 2 SBs receive more negative credit that M. Cabrera’s above since the 2B BAO steals more than the average player.)
Counting these stats, Uggla is well ahead at 7.73 to 1.59 points, with the biggest driver being his 31 HRs which are worth 4.78 points more than Polanco’s 9 HRs.
But those HRs come at a price. Uggla’s .245 average is well below the BAO average of .277 (actually 2B’s have higher AVG than other positions so it’s even worse – examples of high batting average marginal 2Bs include Orlando Hudson’s .294, Luis Castillo’s .301, and Ronnie Belliard’s .290). Combining that bad average with his above average AB total (632), Uggla’s average would drop the average team’s AVG by .004 vs. the BAO 2B. This earns him a negative 3.28.
On the other hand, Polanco’s .341 in 587 ABs is worth a positive 4.77 points – more, in fact, than Uggla’s 31 HRs. He’s worth about an extra .004 on your team average meaning that swapping these two creates a .008 swing, a more dramatic swing than the 22 HR difference.
So while Placido Polanco is a negative on a team’s HR and SBs (and just about BAO level on RBIs), his high AVG catapults him into being a more valuable fantasy baseball contributor (6.4 to 4.4). If Uggla could just get to something like a .275 average or steal 20-30 SBs, his HR/RBIs could help catapult him up the 2B rankings (even with the anchor-like AVG, he ended up 7th most valuable 2B, well ahead of the .317 hitting ROY Dustin Pedroia).
How does position depth/scarcity affect a player’s overall value?
Position depth/scarcity plays a role from draft day through the end of the season.
During draft day, position depth/scarcity can increase/decrease a player’s value. A common practice is to ‘tier’ players at each position and try to group together similarly valued players. If there is only one player left in, say, the 2B tier and 5 similar valued players at SS, you may increase that 2B’s draft value because you can wait a round and likely get one of those shortstops.
After the draft, position depth/scarcity is used to compare the marginal benefit/loss of trading or adding/dropping one player over the next – e.g., I could trade Placido Polanco and replace him with little to no dropoff in any stat except AVG.
To factor this into our analysis, we extended our Best Available Option (BAO) concept to each position. We started with 10 rostered players for catchers and infield positions and 50 outfielders. We split the 1B/3B and 2B/SS positions equally and then divided up the utility position based on instinct and position depth (30% 1B, 2.5% 2B, 2.5% SS, 5% 3B, 0% C, 40% OF, 20% DH). We created composite stats for BAOs at each position – so for catcher, we took the 11th best AVG, 11th best HRs, etc. We then credited point totals based on the BAO at the position (“Position Points”) and averaged them with our average hitter BAO (“Player Points”). (Note: Since team rankings are position-agnostic – you don’t get more credit if it’s a middle infielder who hits a HR – there is a need to balance position depth/scarcity with overall stats. To keep it simple, we weighted it 50/50).
Below are the BAO stats per position (R / HR / RBI / SB / AVG) and some close statistical fits:
The most interesting about these BAO totals is how relatively close they are. The corner positions have a slight advantage in power and the middle infield spots have a slight advantage for runs, SBs and average. Catchers are weakest – particularly in Runs as catchers play less games and are disproportionately hitting 6th to 9th (less run opportunities).
Perhaps most surprisingly, the OF position looks no better than the middle infield positions. Wouldn’t you expect OF was a deeper position than middle infield? Isn’t BJ Upton more valuable as a 2B than an OF? Short answer: not really.
Here’s why: You’ve got roughly 15 2B, 15 SS, and somewhere between 52-57 outfielders on league rosters (OF are often used for UTIL positions). Looking at MLB rosters, you have roughly 30 starting 2B, 30 starting SS, and 90 starting OFs. FLB rosters, thus, are cutting deeper into the percentage of starting OFs vs. 2B/SS.
In addition, 2B/SS have added some pop over the years. 29 middle infielders hit at least 12 HRs. Granted, some had bad averages (Bill Hall, Juan Uribe, Stephen Drew), but the perception of those positions being power-challenged is outdated. (What IS true, though, is that it’s rare to find a middle infielder with 30+ HR power).
Outfielders, on the other hand, aren’t that deep. Only about 55 hit 15 or more home runs and that includes some players that might be at other positions (Berkman, Upton, Stairs) and the weakest ones look an awful lot like Luis Gonzalez and Austin Kearns (the BAO matches).
So while we did factor position depth/scarcity into our analysis, it really didn’t play a major role for hitters. The greatest impact was at catcher where the troika of great catchers in 2007 (Jorge Posada, V-Mart, Russell Martin) got about a 2 point boost because the Catcher position was the weakest in terms of BAO.
So Hanley Ramirez and Jimmy Rollins had extremely valuable fantasy years but the fact they played SS really didn’t add any significant value (maybe +2-3%).
How does our approach to hitter value compare against the ESPN Player Rater?
ESPN has a much simpler approach for estimating hitter value than the approach we have described above. It creates a cap at 5 points and a floor at 0 points. 5 points are awarded to the MLB leader in the stat and then each other player’s total is divided into the leader’s total and then multiplied by 5 to get their total – e.g., A-Rod led with 54 homers. David Wright had 30. He received 30/54 (.556) * 5 = 2.78 points in HR. Average is done in a slightly more complex way but the lowest possible total is zero (even if the player’s average has negative value).
From a macro-perspective, this simplistic approach works fine. The top hitters are going to appear near the top, the okay hitters in the middle, the bad hitters on the bottom. At a micro-perspective, we think ESPN’s simplistic approach has greater flaws vs. our approach. These flaws are less for hitters than pitchers, though, as the greater issues arise around ratio/average based stats and pitchers have two (ERA, WHIP) vs. one for hitters (AVG).
1) Capping High Points at 5 2) Positive Ratio/Average Contributions Are Undercredited 3) Negative Contributions Aren’t Penalized 4) Overcrediting of Slightly Above Average Performance
These four issues all play a role for valuing hitters but #2 and #3 are not as major an issue because ERA/WHIP are more polarizing than AVG. For example, even low value hitters may hit .290 but only a great starting pitcher can manage an ERA near 3.00 ERA.
An additional issue we’ve found is:
5) The league leader used as the points base distorts the distribution of points – While the leader in Runs and RBIs is relatively close to the other leaders (no one had, say, 200 Runs or RBIs), A-Rod’s 54 HRs and Reye’s otherworldly 78 SBs set a very high bar for 5 points. This creates odd situations where Eric Byrnes 50 SBs (tied for 4th in majors) is worth less in ESPN Player Points than his 103 Runs (outside the top 20) and Jimmy Rollins’ 30 HRs (tied for 20th) are worth less than his 94 RBIs (tied for 42nd).
Here is the assessment on a stat by stat basis:
Runs – Overcredits for all players. For above average performance, Issue #4 plays a role (the Best Available Option’s 67 Runs warrants 2.3 points). For below average performance, Issue #3 starts taking effect (less than 67 runs should warrant negative points). An additional issue throughout is that runs are so plentiful across players that the value of a run is less than other stats (A-Rod’s 143 runs warrant 4.95 points in our estimation vs. 8.29 for his 54 HRs)
Home Runs – Undercredits great performance like A-Rod and Fielder (Issue #1). Issue #5 plays a role in underestimating the value of everyone at 25+ Homers. Players between about 15-24 HRs are slightly inflated based on Issue #4. Anyone below the BAO average of 14 are overestimated based on Issue #3.
RBIs – Undercredits the great performances like A-Rod and Matt Holliday (Issue #1). Overcredits above average performance (Issue #4). Undercredits below average performance (Issue #3). Issue #4 affects more hitters than Issue #3 (which is limited to speedsters and some 2B/SS – examples are Reyes’s 57 RBIs and Pierre’s 41RBIs)
SBs – This is the category where Issues #1 and #5 play a huge role in underestimating SB value. We have Jose Reyes’ 78 SBs at a whopping 11.5 points – the most points awarded for any offensive category. Teammate David Wright’s 34 SBs earned him a respectable 4.8 points (equivalent to Holliday’s 36 HRs and Vlad’s 125 RBIs). This underestimation affects hitter values all the way down to about 10 SBs. Issue #3 plays a very minor role – greatest for 2B/SS as speed is most common in that category (Freddy Sanchez’s 0 SBs earned him a negative 1.19).
AVG – Issue #1 only affects the top 3 hitters as Magglio, Ichiro, and Matt Holliday’s averages warranted 6+ points in our ratings. Issue #2 plays a role for the rest of those with averages above .330. Issue #4 plays a role in overestimating the value of hitters lower than .330 but greater than BAO (e.g., Luis Gonzalez’s pedestrian .278 warrants 1.99 ESPN points where it should be worth zero). For low average hitters, Issue #3 plays a role in greatly overestimating their value as they should have negative value. Uggla’s aforementioned average of .245 gets .86 ESPN points compared to our -3.28 points.
Amazingly, though, the cumulative effect of these issues seems to have little bearing on the ranking of hitters. We agree with the top 10 OFs from ESPN Player Rater with slightly different ordering. The top 10 2B match down to the order. The differences play more of a role in total player rankings – below are some examples of players differently valued (Our Ranking, ESPN Ranking).
Eric Byrnes (25, 43) Jorge Posada (58, 92) Juan Pierre (78, 117) Derek Jeter (86, 106)
It’s worth noting that almost every hitter is higher valued in our rankings vs. ESPN because ESPN overvalues pitchers out of the top 20 and this pushes down all the hitters.
So while we find faults in ESPN’s methodology, we can’t fault using ESPN Player Rater to understand hitter position rankings. It works surprisingly well for hitters given its simplistic approach - it’s possible that its flaws are a bigger issue as you move down the player rankings. That said, we would caution against using the combined hitter and pitcher rankings given the flaws we’ve seen with their valuing and ranking of pitchers. OTHER FANTASY NEWS:
If you've ever seen the ESPN Player Rater (or, for that matter, other quantitative player rankings for fantasy baseball), you've likely asked yourself:
How could there be so many starting pitchers at the top? (13 in top 20, 19 in top 30) Is that valid or just faulty weighting?
This looks even more peculiar when reviewing qualitative rankings (i.e., someone subjectively lists players) or reviewing pre-draft rankings.
Before creating our own Player Rater, our assumption was that the preponderance of starters in the top ranks of ESPN’s Player Rater was due to faulty methodology versus the true value of starters vs. hitters.
So it came as a mild surprise to find that 12 of our top 20 were starters (and we also agreed with ESPN that JJ Putz deserved top 20 inclusion). We were somewhat relieved when there were only 2 starters in the 21-30 ranks so our 14 out of the top 30 was less than ESPN.
But those were gut reactions. Now that we’ve gone through the exercise, is their truth to ESPN’s (and our) pitcher-heavy top of the rankings? Are they eerily prescient or is this a broken clock scenario?
[It's important to differentiate this exercise - the proper valuing of player statistics - versus the projection of future statistics that are done by folks like Baseball Prospectus and Ron Shandler and are used for drafting purposes. Their analysis has shown that projecting hitter stats is more accurate than pitchers stats which makes hitters less risky for drafting. While it's extremely rare to see top 10 draft results with more than 2 pitchers, this does NOT mean pitchers are less valuable. That is based on a risk/value assessment - our analysis just focuses on the 'value' part of the equation.]
We’re going to look at this as two separate subquestions: 2A) Should there be a lot of starters in the final season top 20? & 2B) Is ESPN’s ranking of starting pitchers correct?
For question 2A, let’s first look at the players in our top 20 as well as that of ESPN. We shared 19 of the same 20 players, albeit in different order. Ours includes David Ortiz at #19 while they have Cole Hamels included at #20. (Still, agreeing so much with ESPN feels unclean.)
Our Ranking. Name - Pos (ESPN Ranking)
1. Jake Peavy - SP (2)
2. Alex Rodriguez - 3B (1)
3. C.C. Sabathia - SP (3)
4. Johan Santana - SP (4)
5. Matt Holliday - OF (8)
6. Hanley Ramirez - SS (7)
7. Brandon Webb - SP (6)
8. Josh Beckett - SP (5)
9. Magglio Ordonez - OF (11)
10. John Lackey - SP (9)
11. Jimmy Rollins - SS (14)
12. David Wright - 3B (15)
13. Erik Bedard - SP (13)
14. J.J. Putz - RP (10)
15. Aaron Harang - SP (12)
16. Dan Haren - SP (16)
17. Fausto Carmona - SP (19)
18. John Smoltz - SP (18)
19. David Ortiz - 1B (22)
20. Javier Vazquez - SP (17)
22. Cole Hamels - SP (20)
To understand the impact of each category on these players’ total points, we looked at the mean and median points per category for the 13 starters and 6 hitters (excluding Putz).
Category: Mean; Median
R: 4.4; 3.1
HR: 5.1; 3.1
RBI: 4.9; 2.0
SB: 3.5; 0.4
AVG: 5.3; 2.4
W: 4.4; 4.9
SV: -0.3; -0.3
ERA: 4.8; 5.4
WHIP: 4.4; 4.8
SO: 4.4; 4.8
While the means per category looks very consistent across the hitting vs. pitcher stats (aside from Saves), the medians per category are smaller for hitter stats. This is because even the greatest hitters are rarely great in any more than 2-3 categories. While the numbers may average out high, it’s because some players dominate the category (HR=ARod) and others are merely very good or good. A-Rod led the majors in R, HR and RBI but was outside the top 20 in Average and SB. Hanley Ramirez was top 10 in R, SB and AVG but outside the top 20 in HR and top 50 in RBI. David Wright’s isn’t in the top 10 for any category - his true value is being very good across the board. David Ortiz wouldn’t steal a base if you stuffed it with pork and deep-fried it.
Looking at the top 20 in batting average, only 5 of these players were in the top 20 for HRs (Holliday, Ortiz, Pujols, Wright, and M. Cabrera). (Note: Braun didn’t have enough ABs to qualify for average but was in top 20 for HRs)
The best pitchers, on the other hand, tend to be great or at least very good in all four categories. Looking at the top 20 in the MLB for Wins, Strikeouts, and ERA, there are 19 pitchers who are in at least two of the categories – 5 of those pitchers (Peavy, Webb, Lackey, Sabathia, and Beckett) are in the top 20 across all three.
This leads to a rather straightforward theory - starters are more likely to populate the top 20 in a player rater because the top pitchers tend to get high points in all the categories where hitters only have a couple categories where they are great.
We tested this larger theory of “pitching stats are more connected” by doing a correlation analysis on all the hitters and starters to see how closely the performance in one stat is correlated with another.
A perfect 100% would mean that the stats are absolutely correlated – say, purchases at a store and a store’s sales tax receipts (every $1 in purchases would be x% in taxes). A -100% would mean that the stats are completely inverse – say, the amount of total salary a baseball team can afford and their likelihood of picking up Jose Lima.
Below are the results of the correlation analysis.
Analysis:
90-100%
80-89% HR/RBI, ERA/WHIP
70-79%
60-69% R/RBI, W/K
50-59% R/HR, W/ERA, K/ERA, K/WHIP
40-49% R/SB, R/AVG, W/WHIP
30-39% RBI/AVG
20-29%
10-19% HR/AVG, SB/AVG
0-9%
Negative HR/SB, RBI/SB, all stats with saves for starters
Let’s start with the highest correlating stats for hitters and pitchers: HR/RBI and ERA/WHIP. The fact that these stats correlate highest should be rather self-evident.
Those that do well in HR and RBI correlate positively with Runs but poorly with SB and AVG. There is barely any correlation on HR/AVG and a mild one for RBI/AVG (which makes sense since it does require hits generally to drive in runs). SBs are negatively correlated to HR and RBI - not a surprise to anyone who has ever drafted Juan Pierre, Scott Podsednik, or Willy Taveras.
Runs prove to be an interesting category as, besides HR/RBI, they also correlate well with SBs and AVG. This is likely due to high SB and AVG players being on base a lot, at the top of the lineup, and getting driven in by the HR/RBI guys.
So what we tend to have are two types of valuable hitters: Power/middle of the lineup guys who provide strong R/HR/RBI or Speed/top of the lineup guys who provide strong R/SB/AVG. Players like Magglio Ordonez hitting .360 while providing solid power numbers or Hanley Ramirez providing 29 home runs while providing great R/SB/AVG numbers are the EXCEPTIONS and not the rule.
With ERA/WHIP, these stats positively correlate at 40-60% with Wins and K’s. While there are those that do well in just one of these categories (say Wang in Wins or Kazmir in K’s, alliteration unintentional), a great starter doing well in most, if not all the categories, is more common than with hitters. Since there are more successful 3-4 category pitchers vs hitters (where you generally have to tradeoff strengths with weaknesses like Ichiro’s R/SB/AVG vs. HR/RBI), it makes sense that starters are disproportionately valuable.
The final point here – which was covered in the Peavy vs. A-Rod comparison - is the fact that starting pitchers have more influence over a team’s total stats than a hitter. This is particularly true in ERA and WHIP where a top starter may represent around 20% of your innings. Compare this to a hitter who is lucky to represent 8-9% of your ABs.
An illustrative comparison is looking at the stats of the 20th player in our rater – Javier Vazquez. His stat line of 15W/3.74/1.14/213K looks pretty good but what would the equivalent be in value for a hitter? If we link up Runs to Wins, HR to ERA, RBI to K’s, SBs to SV, and AVG to WHIP, our model would require a 120/21/137/0/.345 hitter. (fyi, if you want to see how SBs would play a role, switching the SB and AVG values would net .278 and 36 SBs)
So the answer to Question 2A is yes. We do feel that starters for any particular season should represent a majority of the top 20 value slots – unless, of course, a breed of power/speed guys start cropping up that rack up RBIs and don’t suck at AVG (see Mike Cameron, Chris B. Young).
On to Question #2B, is ESPN’s ranking of starting pitchers correct?
Let’s take a look at the pitchers just outside the top 20 in ESPN’s Player Rater and compare them to our totals.
ESPN Rank - Player Name – Our Rank
20 - C. Hamels - 22
21 - J. Verlander - 26
23 - K. Escobar - 36
24 - T. Lilly - 34
27 - J. Shields - 43
28 - T. Hudson - 42
29 - S. Kazmir – 55
Scott Kazmir’s stat line of 13W/3.48/1.38/239Ks netted him 3.25/3.58/2.55/4.98 in ESPN Player Rater points for a total of 14.36. Turning that into percentages, we’re looking at 22% for Wins, 25% for ERA, 18% for WHIP, and 35% for K’s.
In our rater, Scott Kazmir had 10.5 points that netted him 2.2/3.2/-1.4/6.8 or 21% for Wins, 31% for ERA, -14% for WHIP, and 64.5% for K’s.
Why the negative in WHIP? Because the Best Available Option (BAO) pitcher had a WHIP of 1.32 which bests Kazmir’s 1.38. His WHIP hurts your team, but you’ll take it because he does well in the other stats – especially K’s where he’s truly excellent.
The Kazmir comparison highlights several flaws in ESPN’s ranking of pitchers:
1) Capping High Points at 5 – Kazmir’s contribution in strikeouts has a greater impact on a team than, say, A-Rod’s run total. Treating them both at around 5 distorts Kazmir’s one special thing. It’s as if he’s Dirk Diggler and his “one special thing” has been shortened a couple of inches. (We’ll explore this concept further in another post – the capping, not fictional schlongs.)
2) Positive ERA/WHIP Contributions Are Undercredited – Kazmir’s 206.2 IP at a 3.48 ERA warrants slightly more credit than ESPN doles out since it is well below the BAO ERA of 3.96. If you estimate Kazmir represents between 1/6 and 1/7 of a team’s innings (figure 4 more starters = 800 IP, 4 relievers = 300 IP, total of 1300 IP which is about 1/6.5 of Kazmir’s total), that 0.48 difference in ERA nets out to about a 0.07-0.08 drop in team ERA. This is equivalent to the impact of a player hitting about .337 or driving in 116 RBIs. (This concept is also covered in the A-Rod vs. Peavy post.)
3) Negative Contributions Aren’t Penalized – Kazmir’s WHIP of 1.38 is below the 1.32 WHIP of the Best Available Option pitcher (the top FA starter if the best 50 starters and 40 relievers were taken). How could this net positive points? He’s hurting your team. The WHIP is a tradeoff for his other stats. It’s like going out with a girl because she’s hot AND crazy instead of because she’s hot and IN SPITE of the fact she’s crazy. This ‘tradeoff’ cost is also present in counting stats for second-tier pitchers like C. Wang (gets less than average strikeouts) or Chris "Tall San Diego Pitcher" Young (his 9 wins are less than average).
A 4th issue related to #3 – the overcrediting of slightly above average performance - is more apparent with Ted Lilly’s ERA (3.83 vs BAO 3.96) and WHIP (1.14 vs. BAO 1.32). While Lilly’s ERA should get some positive credit, it is not worth nearly as much as his WHIP. ESPN’s system doesn’t value the two that differently - Lilly with 3.12 points in ERA and 4.30 in WHIP. On the other hand, we credit Lilly with 1.3 ERA points and 4.8 WHIP points.
The summary of all these ESPN Player Rater flaws is the following:
Wins – Slightly undercredits great performance (issue #1), Doesn’t penalize below average performance (issue #3)
ERA – Undercredits great ERAs, overcredits slightly above average to bad ERAs
WHIP - Undercredits great WHIPs, overcredits slightly above average to bad WHIPs
Strikeouts – Similar to Wins but more pronounced.
For the pitchers in the top 20, these effects are minor – Harang and Vazquez are slightly inflated given their so-so ERAs, Carmona is deflated given his great ERA (3.06), Beckett and Webb switch places because Webb’s ERA superiority trumps Beckett’s 2 extra wins. Outside the top 20, the results become more pronounced since issues #3 and #4 play a greater role in the distorted value.
Thus the verdict for Question #2B - is ESPN’s ranking of starting pitchers correct? The answer is no. Their rater does a fair job at the top, but it gets continually distorted as you move outside the top 20 players because it doesn’t properly penalize mediocre to below average performance.
(Note: Unfortunately, the ESPN Player Rater's improper penalizing of below average performance has a lot in common with the internal review of Baseball Tonight anchors - please tell me John Kruk, Orestes Destrade and Eric Young aren’t coming back...)
Come March, when you’re preparing for your draft and trying to decide between pitchers, you can avoid the above mistakes by just comparing the two pitchers’ projected stats and credit a point for each of the following increments: 1.5 Wins = 0.19 ERA = 0.04 WHIP = 18 Ks. Might take a little more calculating but it could be the difference between taking Jeremy Bonderman over John Lackey (that decision still haunts me from last year...)
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Grey Albright and his staff will also be fielding questions for your fantasy squad and maybe even posting some.