The other day, I wrote the Chicago White Sox still don’t seem very good. Naturally, that drew something of a negative response, and that’s fine — people ought to be excited, and it was kind of a buzzkill headline. The White Sox have been active, and general manager Rick Hahn has succeeded in turning nothing into something, at least as far as 2015 is concerned. We all recognize there’s a reason they play the games. Who knows what might happen? Who knows what else Hahn might eventually do? Yet, within the comments, something caught my eye. Some people think Steamer projects too much regression with the White Sox. Which got some gears whirring: How do our current projections compare to roster projections using only last year’s stats?

Obviously, if you’re trying to predict Year X + 1, you need to look at information from more than just Year X. Different people will recommend looking at different windows, but as a rule of thumb, you want to consider at least three or four years, if the data’s there. Plus, there are still other things to take into account. But while Year X isn’t the only thing that’s important, Year X is also the freshest data set in memory. So when a projection differs from what literally just finished happening, people might be prone to thinking that something’s amiss.

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Ben and Sam answer listener emails about baseball aesthetics, baseball myths, and trades involving only big leaguers, then discuss the Dodgers’ Brett Anderson signing.

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Earlier today, Kiley McDaniel published his consummately researched and demonstrably authoritative prospect list for the Tampa Bay Rays. What follows is a different exercise than that, one much smaller in scope and designed to identify not Tampa Bay’s top overall prospects but rather the rookie-eligible players in the Rays system who are most ready to produce wins at the major-league level in 2015 (regardless of whether they’re likely to receive the opportunity to do so). No attempt has been made, in other words, to account for future value.

Below are the top-five prospects in the Rays system by projected WAR. To assemble this brief list, what I’ve done is to locate the Steamer 600 projections for all the prospects to whom McDaniel assessed a Future Value grade of 40 or greater. Hitters’ numbers are normalized to 550 plate appearances; starting pitchers’, to 150 innings — i.e. the playing-time thresholds at which a league-average player would produce a 2.0 WAR. Catcher projections are prorated to 415 plate appearances to account for their reduced playing time.

Note that, in many cases, defensive value has been calculated entirely by positional adjustment based on the relevant player’s minor-league defensive starts — which is to say, there has been no attempt to account for the runs a player is likely to save in the field. As a result, players with an impressive offensive profile relative to their position are sometimes perhaps overvalued — that is, in such cases where their actual defensive skills are sub-par.

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Everybody remembers the movie Inception, right? Nice visuals, convoluted premise, and that killer score – a more than sufficient popcorn delivery system. Fun fact: the main plot point of inception, that an idea can be planted in someone’s subconscious without them realizing, is real!

At some point this summer, exasperated Texas Rangers writer/blogger/fanalyst Jamey Newberg tweeted something to the effect of “Alex Rios is one of those players whose production will never line up with his numbers.” At first, I was offended. A player produces what he produces, his numbers reflect his….production. But the thought, the idea that a player is less than his final stat line, it stayed with me. I couldn’t shake it.

Then the offseason rolled around. The crop of available outfielders is charitably described as “very much ungood” and then a bunch of guys signed. One of those signees, Nick Markakis got four years and an AAV north of $11 million, to the surprise of many. And then, piling shock on top of shock, Rios himself signed a one-year deal with the Royals for $11 million.

There are plenty of reasons to scoff at the big outfielders contract. Entering his age-34 season, Rios comes off a rough season in Texas. He produced right at replacement level in 2014, displaying a worrisome lack of power (just four home runs and a career-low .118 ISO) and he missed time with injury, as older players are wont to do.

But more than most players, Rios’ problems are matters of perception. There are many reasons to not like Rios as a player or this signing in a vacuum, all factors that I believe contribute to the shrugs and disbelief when news of his Kansas City contract broke.

Most pressing, the concern expressed by the Rangers fan above: does his production lag behind his numbers?

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Evaluating the Prospects: Rangers, Rockies, Diamondbacks, Twins, Astros, Red Sox, Cubs, White Sox, Reds, Phillies & Rays

Scouting Explained: Introduction, Hitting Pt 1 Pt 2 Pt 3 Pt 4 Pt 5 Pt 6

The common narrative about the Rays system is that 1) it’s down from past years and 2) this is because they can’t pick good players unless they pick in the top 10.  Over the 19 years of the franchise, here’s the 7 productive big leaguers over 9 tries they’ve picked from the top 6 overall slots: David Price, Evan Longoria, Josh Hamilton, Rocco Baldelli, B.J. Upton, Jeff Niemann and Delmon Young.

In 21 first round/sandwich picks outside of the top 6 slots, they’ve produced no big leaguers of consequence and the top current prospects of the group are Justin O’Conner (#2) and Blake Snell (#5) on the list below.  There’s obviously something to these critiques, but it’s important to keep in mind that the return from draft picks is exponential: the top few picks are supposed to produce far more value than late first round picks.

Due to all the extra high-round picks and farm-stocking trades, along with an increasingly prominent international program, the Rays system is as deep as almost any other.  Because the high bonus players haven’t worked out for Tampa Bay at even a league average rate, the top of the system is much weaker than others and their #1 prospect was acquired in a recent trade, along with #4 and #8.  There’s enough young, high-upside talent for this high-end shortage to change by this time next year, but it’s impossible to forecast something like that happening.

It’s also worth noting that 8 of the 31 prospects ranked here were acquired via trade; the Rays system has to be deep given the way the organization approaches roster building.  If the system was run like a big market team perennially in the playoffs (think Detroit), where prospects are traded once they have trade value to prop up the big league team, the Rays farm system could pretty easily be the worst in baseball due to their struggles in the draft.

Two things to monitor in the system is the catching depth (which took a hit when Arizona took Oscar Hernandez #1 overall in the Rule 5 Draft last week) and the glut of infielders with prospect value that fit best in Triple-A Durham. Behind Ryan Hanigan and Curt Casali at the big league level, the Rays’ primary catchers starting in Triple-A and moving down the chain should be Luke Maile, Justin O’Conner, Hernandez (who most expect to be returned by Arizona), Nick Ciuffo, David Rodriguez and Rafelin Lorenzo, all of whom are mentioned below as prospects, which is very rare.

In the Durham glut, the Rays have SS, Hak-Ju Lee, SS Jake Hager, SS Tim Beckham, 2B/SS Nick Franklin, 2B Ryan Brett and 3B/1B Richie Shaffer, all with varying levels of prospect value.  There’s hope that one or two of these guys could play their way onto the 25-man MLB roster, but the organization is aware that, barring injuries, some players may have to play out of position or at a lower level than expected to make things work.

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Over the last five years, a lot of good work has been done on valuing prospects. Victor Wang — now employed by the Indians — got the ball rolling in 2008, and his work was followed up by research from by Scott McKinney in 2011 and Kevin Creagh in 2012. Each piece was well done and is worth reading even now, especially if you’re interested in the various rates at which prospect tiers tend to go bust.

But we’re almost into 2015 now, and baseball revenues are exploding, making the valuations from even a few years ago look a little bit outdated. Just in the last year, we’ve seen three Cuban free agents — Jose Abreu, Rusney Castillo, and Yasmany Tomas — sign for around $70 million each, suggesting that teams are willing to pay significant prices for young talent with upside, even when there’s not an established Major League (or even minor league) track record from which to evaluate. We’re going to get an even better look at the market value of a premium prospect when Yoan Moncada is declared a free agent, and the bidding for his services is expected to reach $80 million once the taxes are accounted for, and that won’t even cover any of his future salaries; that’s just the cost of acquiring his rights.

So, helpfully, Kevin Creagh and Steve DiMiceli decided to update their study this week, adding in new data and using updated calculations for the price of a win based on recent inflation. Let’s look at what they found.

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Well, the final 24-36 hours of the Winter Meetings sure were fun-filled. The Red Sox rebuilt their rotation, importing a slew of ground ball guys to help combat the Fenway effect. Their rotation, however, will not include Jon Lester, who was lured away by the Cubs and a nifty $30M signing bonus, among other amenities. Perhaps most notably, the baseball world got an inkling of what the Dodgers’ new braintrust is all about, as they largely re-made their club, installing a brand new middle infield, adding to their already imposing starting rotation, deploying multiple clubs’ prospects here, there and everywhere, and moving slugger Matt Kemp within the division, to the Padres. It’s all pending physicals, of course. How will moving from Dodger Stadium affect Kemp? Are the Padres getting an impact bat, or something less than that? Read the rest of this entry »

The White Sox won’t stop. I mean, at some point they will, because they’ll have to, and maybe they’ve reached that point now that they’ve signed Melky Cabrera, but Rick Hahn and the rest of his front office have had an incredibly busy month, adding to a roster that featured a handful of big-leaguers and not too much else. I had a thought, in early November, to write about the few teams who I figured wouldn’t be contenders in 2015. The White Sox were among them. I didn’t write the article, because I didn’t like it, and now I’m glad I didn’t because the front office has had maybe the most active few weeks in the league. It’s pretty clear that the team intends to win.

I still don’t think the White Sox are ready to win. This is where there’s a bit of important nuance: I don’t think the White Sox are ready to win, but I don’t have a great disagreement with the direction of all the activity. Generally speaking, I like what Rick Hahn has done, and he’s certainly managed to build fan enthusiasm around a team many were prepared to ignore not even that long ago. Why not spend, if you can spend? Why not improve, if you can improve? The White Sox haven’t lost too much of long-term value in making all these additions. I just think, despite everything, there’s not enough in place. It’s not an easy thing to do, to turn a pretty bad team into a pretty good team in a couple of months.

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