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Mark Trumbo and the Everyday Player Tax

Last Thursday, two free-agent hitters found homes, with Mark Trumbo returning to Baltimore and Luis Valbuena switching AL West cities, going from Houston to Anaheim. While the expectation was that Trumbo was going to sign something of an albatross contract — I named him the No. 1 Free Agent Landmine heading into the off-season — he ended up signing for a perfectly reasonable price; $37.5 million over three years. While the Orioles will need to resist the urge to put him in the outfield anymore, $12.5 million a year for what Trumbo can do at the plate is not some kind of franchise-killing overpay.

The Orioles did fine here, mostly; you could argue that they could have spent even less and gotten Chris Carter, a similar-enough player, but not making the most cost-efficient move doesn’t make this a disaster. Trumbo is a solid enough big leaguer, and $38 million in MLB these days just isn’t that much money.

I say all that up front to clarify that the rest of this post isn’t a criticism of the Orioles’ decision to retain Mark Trumbo. I just thought the juxtaposition of Trumbo and Valbuena signing on the same day was interesting because, well, look for yourself.

Trumbo and Valbuena, 2014-2016
Name PA BB% K% ISO AVG OBP SLG wRC+ BsR
Luis Valbuena 1382 12% 22% 0.199 0.243 0.334 0.442 115 -1.9
Mark Trumbo 1574 7% 25% 0.224 0.253 0.309 0.477 110 -8.0

Over the last three years, Trumbo and Valbuena have both established themselves as useful players, mostly based on their ability to hit the ball out of the ballpark. Trumbo has a bit more power, but Valbuena draws more walks, and thus gets on base more often, so he’s actually been the better hitter of the two during that time. Oh, and Valbuena’s also a little faster, so he’s added a little extra baserunning value, expanding his lead even a bit more. Over these three years, Valbuena has been worth +23 runs relative to a league average hitter, while Trumbo has come in at +11.

Now, sometimes, multi-year comparisons aren’t all that helpful in figuring out why player valuations diverge, because the more recent data is the most important one. And of course, Trumbo is coming off the best year of his career, as he put up a 123 wRC+ last year. But in this case, looking at just the most recent year doesn’t change things much, because interestingly, Valbuena also put up a 123 wRC+ last year, the best mark he’s put up in his career. This isn’t a case of one guy trending up and the other trending down; both were good hitters last year, and they’ve both been above-average hitters the last three years.

There isn’t an age factor here either. Valbuena was born in November of 1985, Trumbo of January of 1986. They are both 31, at the point where we can expect both to start declining in value, but not old enough where a catastrophic drop-off is imminent.

There are, though, two differences between Valbuena and Trumbo; the thing I find fascinating about these contracts is how those two differences drive the valuations.

The first difference is that Valbuena has some defensive value, and if he ends up playing a lot of first base — with Albert Pujols questionable for the start of the year, that sounds likely — he might end up being a solid defensive first baseman. In nearly 4,000 innings at third base, Valbuena has a career +10 UZR (though it has been worse the last few years) and as a former middle infielder, he’s more athletic than most guys who end up playing first base. Valbuena probably isn’t going to be a gold glover at first, but as a guy with the flexibility to play both corners and potentially be an asset at first base, there’s some real defensive value here. Trumbo is a solid defender at first base, but that position is blocked in Baltimore, so he’s either a liability in the outfield or a designated hitter, and won’t be adding defensive value in either case.

So, Valbuena has been a better offensive player the last three years, matched Trumbo’s wRC+ last year in the best year of Trumbo’s career, and adds some defensive value as well. I’ve held off including it as of yet since it can often be the only thing people focus on, but it’s worth noting that Valbuena has been worth +6.3 WAR over the last three years, while Trumbo is at +2.0. By overall production the last few years, it isn’t even really close; Valbuena has been significantly better.

And yet, while Trumbo got 3/$37.5 million with the qualifying offer attached, Valbuena got 2/$15M, despite not being tied to draft pick compensation. The market looked at these same-aged players and preferred Trumbo, despite a lack of a massive offensive advantage and definite defensive limitations.

Why? Because there remains a significant difference in how teams value everyday guys versus platoon players, and fair or not, Trumbo is seen as a player you can stick in your lineup regardless of who is pitching, while Valbuena is viewed as a part-time player.

With Trumbo, you’re basically getting the same thing no matter who is pitching; his career wRC+ splits are 113/110, so you can put him in the lineup and expect mostly the same production everyday. Valbuena, like most left-handed hitters, runs a bit larger split, with a career 86/98 wRC+ split against lefties and righties, and an even more extreme 79/126 split over the last three years. Valbuena’s entire emergence as a quality hitter has been based on his ability to hit for power against right-handed pitching; against lefties, he still hits like the middle infielder he came up as.

A corner infielder who hits lefties like Valbuena hits lefties shouldn’t be starting against them, so the Angels are almost certainly going to platoon him, and the fact that they have to pay another player — and more importantly, dedicate another roster spot — to a guy to share his job dramatically discounts his value on the market. Full-time guys get paid on a different scale than part-time guys, and Valbuena is a seen as a part-time guy, so he gets less than Trumbo despite the performance advantages he’s displayed of late.

But I wonder if the discount being applied between the two groups is too heavy, because while it makes plenty of sense to platoon Valbuena and get a higher overall level of production, you don’t actually have to. The Angels could choose to play Valbuena everyday and save the roster spot for some other use, if they really see it being a significant negative to have to carry a right-handed first baseman to share that job. And if we just project Valbuena out to Trumbo-like playing time, it’s still not clear that Trumbo is significantly better.

Let’s just say the Angels decided to just play Valbuena mostly everyday, not platooning him more heavily than any other left-handed hitter is. In general, LHBs who get about 600 PA per season end up having the platoon advantage in about 70-75% of their plate appearances, we’ll use 73% just to split the difference. With exactly 600 PAs, that would mean Valbuena would get 438 PAs against RHPs and 162 against LHPs.

Let’s take a fairly extreme position, and say that his true talent platoon split right now is something like 90/110 wRC+ — remember, that’s almost double Valbuena’s career 12 point split — which is actually a pretty significant split as far as MLB players go.

If we give him the 73/27 distribution of PAs that most regular LHBs get, that would work out to something like this in a regular role.

Trumbo and Valbuena, 2014-2016
Pitcher PA wRC+
RHP 438 110
LHP 162 90
Total 600 105

That 105 wRC+ is an almost exact match for the average of the ZIPS and Steamer projections for Valbuena in 2016; Steamer is on the low side at 99 overall, while ZIPS is up at 113, so their blended average is 106. So that at least passes the smell test. But we don’t know what percentage of platoon advantage those systems were projecting, and since neither had him forecasted for 600 PAs, we should assume they’re probably letting him face a higher proportion of RHPs. So let’s make Valbuena a little worse than those overall projection numbers, and re-run the estimate to give us something a bit worse than what ZIPS and Steamer are projecting him for in part-time duty.

Trumbo and Valbuena, 2014-2016
Pitcher PA wRC+
RHP 438 105
LHP 162 85
Total 600 100

In this estimate, we’re being pretty harsh on Valbuena; his wRC+ against RHP goes down 21 points from what it was the last three years, while his vs LHP number only bounces up six points, and is still below his career average. This is probably pretty close to what Steamer is projecting Valbuena’s splits at, and it is definitely the more negative outlook, given his recent track record.

But even with that pessimism, Valbuena still projects as a league-average hitter while playing everyday. Trumbo projects for a 110 wRC+ as an everyday guy, in both ZIPS and Steamer, so the forecasts agree that, for next year, you’d rather have Trumbo’s bat than Valbuena’s, especially if you’re not willing to use a roster spot to platoon Valbuena with an RHB.

But the difference between a 110 and a 100 wRC+ over 600 plate appearances is about seven runs. That’s not nothing; that’s most of the way to one extra win. But then, there’s the baserunning, where Valbuena makes up some of that gap. And then there’s the defensive value, which isn’t trivial. If you give Valbuena some credit for being able to still play third, he probably makes back a few of those runs, and in the end, we’re looking at a gap of a couple of runs between full-time Trumbo and full-time Valbuena, if there’s any gap at all.

And full-time Valbuena is an inefficiency; with just a modicum of work, you can find a decent right-hander to face left-handed starters, and end up with a better overall rate of production. Yeah, it costs you a roster spot and that guy doesn’t play for free, so his cost has to be factored into the equation, but most teams carry a right-handed bench bat anyway, and if you have to pay a slight premium to get a guy who is worth starting occasionally, you still come out ahead overall.

The big story this winter has been the market correction on bat-only corner guys, but interestingly, the Valbuena signing points out that there’s even more room for those kinds of guys to come down in price in the future. Instead of paying even this reduced rate for the full-time slugger, signing a guy with a platoon player label at the discount currently being applied is an even cheaper way to get similar production.


Dave Cameron FanGraphs Chat – 1/25/17

12:01
TP: Do you think Alex Reyes is going to open the season in the rotation?

12:02
Dave Cameron: Whoops; guess we’ll answer that question before I say hi.

12:02
Dave Cameron: My guess would be no; he’s going to be on an innings limit, and has options, so the easiest way to handle their crowded rotation is to let him work in Triple-A for a month or two.

12:02
Dave Cameron: Anyway, hi everyone. Happy Wednesday.

12:03
Erik: Which division favorite requires the fewest things to go wrong in order to miss the playoffs completely?

12:04
Dave Cameron: Probably Houston. A couple of injuries to guys like Correa, Altuve, or Springer, and they might be sunk.

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The Dodgers’ Decision To Be Intentionally Inefficient

Last week, when discussing the Dodgers second base options, I talked about Logan Forsythe as a reasonable alternative to Brian Dozier, a similar player on a similar contract, but finished the section with this reason why I thought maybe they should look elsewhere.

I could potentially see a Forsythe deal working if the Dodgers were floating some pieces that could help Tampa Bay maintain the status quo and give them some long-term value, but Forsythe isn’t good enough to extract Jose De Leon, and I’m not sure the Rays really need more pitching depth.

Well, yesterday, the Dodgers traded De Leon for Forsythe in a one for one swap, so the Dodgers decided I was wrong about that whole “not good enough” part. While they deemed the Twins asking price of De Leon and something else of substantial value too high for Dozier, they were willing to part with one of the game’s best young pitchers in order to land Dozier-Lite. And as you probably guessed based on my write-up last week, that decision surprised me a bit.

Jeff did a good job of showing why the Dodgers viewed Forsythe and Dozier as similar enough to go with door #2 when they found the Twins asking price too high, but in all of the recent talk we’ve done about how comparable some of their rate stats are, there’s something that we should make sure doesn’t get lost: Dozier is better than Forsythe.

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The Marlins and the Future of Starting Rotations

Last week, the Marlins rounded out their starting rotation by acquiring Dan Straily from the Reds. Straily will join Edinson Volquez, Wei-Yin Chen, Tom Koehler, and Adam Conley in likely making up the Marlins five-man rotation to start the year, and let’s be honest, that’s a pretty uninspiring group. Our projections currently rate Miami’s group of starters as the 27th best in baseball, just ahead of the Reds, Twins, and Padres, none of whom are expected to compete in 2017. But what the Marlins lack in quality, they may make up for in quantity, and that could make their pitching experiment worth watching this year.

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FanGraphs and Effectively Wild Are Going to EclipseFest

We’ve acquired 50 more tickets after selling out of our initial allotment. Sales are back open!

On Monday, August 21st, the first total solar eclipse to hit the United States in 26 years will make its way across the country, and the path of totality will take it right through the town of Keizer, Oregon, home to the Salem-Keizer Volcanoes, the Northwest League affiliate of the San Francisco Giants. To celebrate the event, the Volcanoes are hosting EclipseFest, a weekend celebration of astronomy and baseball.

On the actual day of the Eclipse, they have scheduled a morning game (9:35 am first pitch) to allow for what they are calling the Total Eclipse of the Park; the game will halt during the event, and those in attendance will view the eclipse together. Included among those in attendance will be Effectively Wild hosts Ben Lindbergh and Jeff Sullivan; I will also be joining the festivities, and we want to invite FanGraphs readers and Effectively Wild listeners to join us for this unique convergence of baseball and astronomy.

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What Would a Modern Tim Raines Look Like?

The Baseball Hall of Fame will announce the 2017 class of inductees today, and thanks to the work of Ryan Thibodaux, we can be pretty certain that the Hall is going to welcome Jeff Bagwell and Tim Raines to Cooperstown this summer. Ivan Rodriguez might join them, depending on the percentage of votes he gets from people who haven’t revealed their ballots publicly, while Trevor Hoffman and Vladimir Guerrero look like they’re going to get close enough where their election next year is highly likely.

But the story of the year is Raines, who will get elected in his final opportunity. In no small part due to the lobbying efforts of Jonah Keri, Raines will likely clear the 75% threshold after getting 24.3% of the vote on his first time on the ballot, back in 2008, then falling to 22.6% the next year. Raines’ election is another sign that players are being evaluated differently now, with the triple crown stats losing their long-held positions of canon, and instead a player’s total contributions now being considered.

But I know that, for a lot of people — even many inside the game — it’s still tough to think of Raines as a superstar. He was a corner outfielder who didn’t hit home runs. He had the profile of a center fielder, but not the defense to go along with it. He was a square peg in a world of round holes, and because so much of his value came from walks and stolen bases, he wasn’t really seen as a superstar when he played.

These days, though, we have better tools to evaluate players, and things like wRC+ have allowed us to give different types of players their due, even if they don’t fit the traditional mold of production. So, just for fun, let’s take a look at what Raines would be if he were an amalgamation of modern players.

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Dave Cameron FanGraphs Chat – 1/18/17

12:08
Dave Cameron: Sorry about the delay!

12:08
Dave Cameron: I’m here.

12:08
Dave Cameron: I had to finish up a Tim Raines piece before starting the chat, which you can read here. http://www.fangraphs.com/blogs/what-would-a-modern-tim-raines-look-like/

12:08
Edgar Martinez Hype Man: Ad Free Fangraphs is so much better. Does Edgar Martinez get in next year?

12:09
Dave Cameron: Ad-free FanGraphs is so much better. If you haven’t signed up yet, you really should. Better for you, better for us, better for the planet.

As for Edgar, I think his last ballot in two years will be his shot. He’s going to need the Raines “are you sure you don’t want to vote for me?” pressure.

12:10
Erik: What do you think of the Saunders signing? Combined with the Kendrick trade, it looks like the Phillies have taken a lot of plate appearances away from their recently arrived or soon-to-arrive young outfielders like Altherr, Quinn, Williams, and Cozens. Will they have enough game time available to give those guys looks to see if they’ll be valuable future pieces?

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Let’s Find the Dodgers a Second Baseman

For the better part of the off-season, the Dodgers and Twins have reportedly been trying to strike a fair deal for Brian Dozier. The Twins second baseman is a highly valuable player, but with only two years left of team control, he’s probably a better fit for a contender than a rebuilder, and right now, the Twins are still in the latter category. But, for whatever reason, the two sides seem to value Dozier differently, and as of last week, it appears that both teams have decided there isn’t a fit, at least not right now.

So, with Dozier potentially off the table, let’s see if we can find the Dodgers another second baseman.

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Okay, Now the 2017 Mariners Are Interesting

On Monday, I wrote about how the Mariners were transitioning back to a speed-and-defense team, looking to cover up the weaknesses of their pitching staff with elite athletes in the outfield. In comparing them to the Royals of recent years, I ended the piece with a little bit of skepticism.

And, of course, another part of the recent Royals success was some magic, as they significantly outperformed their BaseRuns win expectations. If the speed-and-defense plan was a primary reason for that success, then perhaps the Mariners can copy some of that, but if the bullpen was the key to helping the Royals to win more close games than expected, then that’s probably bad news for Seattle’s ability to recreate that part of the formula. And that’s why we currently have the Mariners projected as an 82-80 team heading into 2017, putting them in line with other fringe contenders who need a bunch of things to go right to snag a playoff spot.

The outfield defense is probably going to be great, and the team will run the bases a lot better than they have in recent years. But winning with a thin line-up and a mediocre rotation isn’t the easiest thing in the world, and especially with a bullpen of one good guy and a bunch of random arms, the Mariners probably can’t count on repeating the Royals success. But given the moves of this winter, that’s clearly what they’re trying for.

48 hours later, and that description of the Mariners pitching staff is already obsolete, because this morning, Jerry Dipoto made two more trades, and in the process, made the team’s stockpile of arms a lot more interesting than they were on Monday.

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Dave Cameron FanGraphs Chat – 1/11/17

12:01
CamdenWarehouse: How has the response to the Ad Free Membership been?

12:03
Dave Cameron: Really good. We continue to be really happy with how the community has responded, both to our basic membership and our ad-free option. We look forward to being around for a long time, and you guys are helping make that possible. A sincere thank you to everyone who has joined.

12:04
NatsFan: Two questions:

1) Are the Nats the best possible fit for Chris Coghlan? (Lefthanded insurance for Werth and Zimmerman while also being middle infield depth)

2) Is this the first time you’ve thought about Chris Coghlan this offseason?

12:04
Dave Cameron: I think Seth Smith was the best fit, but Brandon Moss would work too. Not sure you want Coghlan playing 2B much anymore.

12:04
Dave Cameron: And yes, I had forgotten he existed until 15 seconds ago.

12:04
The Average Sports Fan: If the Rockies are really a contender. Don’t they make the most sense for Archer? Missing bats seems like the best way to survive in Coors.

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