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With Chris Davis Deal, Scott Boras Strikes Again

This morning, after a long and protracted negotiation that finally resulted in the team threatening to pursue alternative free agents, the Orioles reportedly agreed to re-sign their slugging first baseman Chris Davis. The price? $161 million over seven years, giving Davis the same annual average value as Jason Heyward, the winter’s best available position player. And Davis was able to land this contract despite the fact this contract is probably going to be a disaster and that the market for hitters has been quite frigid this winter.

Given the limited suitors looking for a first baseman, the remaining crop of quality outfielders, and the risks surrounding Davis’ skillset, this might be Scott Boras’ most impressive victory over reason yet. As an agent, he has perfected the ability to go around the baseball operations department, dealing directly with owners who simply don’t have the same level of knowledge as the people they employ to run their team on a daily basis. Except in this case, even Peter Angelos had to know he was bidding against himself.

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The Case for Yoenis Cespedes

It’s mid-January, and to this point, no team has appeared as a front-runner to sign Yoenis Cespedes. Despite a monstrous 2015 season, he’s gotten caught up in the cold free agent market for hitters this winter, as the teams with money to spend all decided to go for pitching this off-season. Now, with Spring Training a month away, teams have shifted into bargain-hunting mode, so we get reports like this one.

In their attempts to re-sign Chris Davis, the Orioles reportedly put out an offer of $150 million over seven years; their reported comfort zone with Cespedes is for about half of that. The Davis offer is not a very wise one — he probably should have already taken it, given the likelihood that his skillset isn’t going to age well — but the idea that Cespedes is worth 50-60% of Davis is laughable.

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Investigating Steamer’s Optimism for the Red Sox

On Monday, we released our first projected standings of 2016, with the Cubs unsurprisingly looking like the best team in baseball heading into Spring Training. More controversially, though, the Steamer projections — which is what our Forecasted Standings are based on currently, and will be until we add in the full ZIPS projections — see the Boston Red Sox as the second best team in baseball at this point, forecasting them for a 92-70 record.

That would be a 14 win improvement over last year’s 78-84 mark, which also notably came after the projections expected big things from the club. Understandably, there’s a decent amount of skepticism surrounding the idea that the Red Sox are really the AL’s best club on paper, so let’s look a bit deeper into the nuts and bolts of the forecast to see what’s really driving Steamer’s belief that Boston’s roster is ready to contend.

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FG on Fox: The Case for the Cardinals’ Big Move

Yesterday, Ken Rosenthal published a piece at Fox, suggesting that the St. Louis Cardinals don’t need to chase any more high-end free agents after finishing as runner-up in both the Jason Heyward and David Price sweepstakes. Their willingness to put something close to $200 million in guaranteed money on the table for each of those two players shows that the Cardinals had money to spend this winter, and so far, they’ve also reallocated $92.5 million of that money to three free agents: starter Mike Leake, reliever Jonathan Broxton, and catcher Brayan Pena. As Rosenthal notes, these depth pieces add to an already deep roster, and the team has internal options to replace Heyward.

But I’m going to disagree with my esteemed colleague’s conclusion anyway. In summation of his argument, he wrote the following.

The Cardinals never panic when constructing their roster; people within the industry routinely laud general manager John Mozeliak for staying disciplined. Mozeliak will jump on a remaining free agent only if he views the price as too good to ignore. And if the team stumbles, he can react before the July 31 non-waiver deadline, when he normally does some of his best work.

It is certainly true that the Cardinals can go into the 2016 season with their roster as it stands, and if it proves to be insufficient to keep up with the Cardinals and Pirates, they could go out and make second half improvements, as suggested. However, I’d suggest that taking advantage of a soft market for the remaining free agent outfielders is a better path forward.

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Dave Cameron FanGraphs Chat – 1/12/16

12:00
Dave Cameron: Alright, let’s get this thing started.

12:01
Dave Cameron: I’m switching days with August this week because his internet got torched by AT&T.

12:02
Dave Cameron: But he’ll be back tomorrow, theoretically, for all those who demand more Fagerstrom.

12:02
Ryan: Wouldn’t it make sense for the Braves to bring back Justin Upton? Structure a deal with low salary for 2016, we supposed to ramp up spending next year, but the FA market is horrible. We need to strike now. Don’t let a 2nd round pick stand in the way…

12:03
Dave Cameron: Yeah, there’s probably a point at which his price comes down low enough that next year’s spenders try to get in and get a discount. But I don’t know that Upton’s both going to want to take a discount and sign with a team that is going to be terrible. If he’s going cheap, might as well go to a winner, or a ballpark that can pad his stats.

12:04
Joe G: Better course of action for ChiSox: Sign Upton/Cespedes or Parra + back end of rotation arm? Obviously have a need at SS too, but not sure where that fits in.

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An Early Look at the Projected Standings

We’ve had the 2016 Steamer Projections up on the site for a while now, but until this morning, the only way to look at the aggregate team projections was to look at a team’s total projected WAR and eyeball how that might translate to wins and losses. WAR is a good enough proxy to get you in the right neighborhood, but because of differences between the leagues and the fact that wins aren’t perfectly linear, ideally, you want to run the raw numbers through a run estimator and then use BaseRuns to convert those runs scored and allowed numbers into an expected win total. Well, as of today, we’ve updated our Projected Standings page to do exactly that, taking the individual Steamer projections and the playing time projections from our depth charts to produce estimated win-loss records for every team in baseball.

Probably to no one’s surprise, the Cubs currently stand atop the projections with a 95-67 forecasted record. The Cubs were excellent a year ago, built around a core of exciting young players, and then added Jason Heyward, Ben Zobrist, and John Lackey in free agency. Yes, they’re projected to win two fewer games than a year ago, but that’s simply a function of the fact that projections are attempting to project context-neutral performance, not accounting for wins that can be added (or lost) due to clutch performance; taking away the effects of sequencing naturally results in a smaller spread from top to bottom.

So, instead of looking at the projections relative to a team’s 2015 win-loss record, here are the current Steamer projections — these can and will change as more free agents sign, trades are made, and the depth charts become more clear as we get closer to the season — compared to each team’s own BaseRuns expected record from a year ago.

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What Ken Griffey Means for Mike Trout’s Hall of Fame Timeline

Yesterday, Ken Griffey Jr. was elected to the Hall of Fame, receiving the largest proportion of votes of any player in baseball history; 437 of the 440 voters to cast ballots checked the box for Junior’s inclusion. And as I noted yesterday, the overwhelming support for Griffey’s candidacy highlights the fact that we generally value peak performance over longevity; Griffey played for 20 years, but was mostly a shell of himself for the second half of his career, creating the entirety of his Hall of Fame resume during the first dozen years he played. The consensus that Griffey is one of the greatest players of all time is driven by what he did in his 20s, not what he did in his 30s.

So this brings up an interesting question; given that almost everyone agrees that Griffey’s peak was so good that the second half of his career essentially was irrelevant, how much more does Mike Trout need to do before he reaches a similar point in his career? Does Griffey’s overwhelming induction based on a 12 year run of greatness suggest that there’s a 24 year old walking around who may have already done the bulk of the work necessary to ensure enshrinement in Cooperstown?

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The Greatness of Ken Griffey Jr

In a few hours, Ken Griffey Jr will be announced as the newest member of the Baseball Hall of Fame. He may be joined by Mike Piazza, or he may end up going in alone, but there’s no question that Junior is going in. At this point, the only question is how many voters will leave him off their ballots, either for strategic reasons — thanks to the insane limitation on only being able to vote for 10 players — or because of some archaic notion of what a “first ballot” Hall of Famer is. But pretty much everyone who follows baseball agrees that Ken Griffey Jr belongs in the Hall of Fame.

What’s interesting about that near-unanimous agreement is that his career numbers are actually not that spectacular, or at least, aren’t the kind of numbers you’d necessarily expect from a guy who is considered a slam-dunk entrant to Cooperstown. Even though he played for 20 years, he didn’t get to 3,000 hits. His career wRC+ is 131, which puts him in a tie for 118th best among hitters with at least 5,000 PAs. His +78 WAR puts him closer to the tier of guys who are having a tough time collecting votes than the other guys who got nearly 100% support when they went on the ballot.

But, of course, the support for Griffey isn’t based on his career numbers; it’s based on what he did during the first 10 to 12 years of his career. And that stretch was spectacular. Here’s just the first decade of Junior’s career.

Griffey’s First Decade
Griffey PA BA OBP SLG wRC+ WAR WAR/600
1989-1998 5982 0.300 0.379 0.568 144 63.6 6.4

That +63.6 WAR? That’s the same as Roberto Alomar’s career total. It’s higher than the career totals of Duke Snider, Ernie Banks, Ryne Sandberg, or Andre Dawson, all of whom are enshrined in Cooperstown. By the time he finished his age-28 season, Griffey had already had a Hall of Fame career. And then he put up two more excellent seasons after that, giving him a dozen-year run at the kind of level that few players ever reach. The +74 WAR that Griffey put up from 1989-2000 ranked second only to Barry Bonds during that stretch, and the #3 guy on that list — Jeff Bagwell — wasn’t even within +10 WAR of Griffey’s total.

The first 60% of Griffey’s career was absolutely stunning. In graph form, here’s Junior essentially keeping pace with three of the best hitters baseball has ever seen.


Source: FanGraphsKen Griffey Jr., Barry Bonds, Hank Aaron

Right up through age-30, Griffey played at an inner-circle Hall of Fame level. The last decade of his career was marred by injuries and significant decline, which dragged down all his rate stats and left his totals significantly shy of the other all-time greats, but Griffey is perhaps the primary example for why peak performance should matter more than longevity when discussing the best players in the game’s storied history.

Griffey was simply capable of things other players weren’t capable of. There have been better hitters than Griffey, and better fielders than Griffey, but the list of players who could impact the game on both sides of the ball to that degree is quite small indeed.

In the long history of the game, there have 12,711 individual seasons where a position player got at least 500 plate appearances. Of those nearly 13,000 player-seasons, a hitter has managed to accumulate +50 runs of offensive value in the same season in which they were at least an average defensive player (+50 OFF/+0 DEF) only 135 times; Griffey did it twice.

Others who have pulled off that feat multiple times include guys like Mantle, Mays, Musial, Horsnby, Wagner, DiMaggio, and more recently, Bonds, Rodriguez, and Trout. Griffey’s 1997 season — where he put up a +50 OFF/+17 DEF — puts him in a group of just 19 seasons (out of almost 13,000) where a player has ever put up a offensive season 50 runs better than an average hitter while also producing at least 15 runs of defensive value more than an average fielder.

That’s the player that people are voting into the Hall of Fame, not the guy who finished his career with bad knees and limited range. For a little over a decade, Griffey was a transcendent performer, and then his body broke down.

But should we really care that Griffey didn’t age well? His first 12 years pushed him across the Hall of Fame threshold pretty easily, and he did more in the first half of his career than most players could do in 20. Griffey established his greatness from 1989 through 2000; that he was unable to hold onto it from 2001 through 2010 does not eliminate the fact that said greatness existed in the first place.

Griffey is, in some ways, the Sandy Koufax of center fielders, only he was great from the get go, rather than taking some time to work up to elite performances. The difference, of course, is that when Koufax’s body broke down, he stopped playing; Griffey continued to take the field for another decade after his physical abilities began disappearing. But like with Koufax, the greatness is essentially unquestioned, even if the career totals don’t necessarily stack up with other players of similar repute.

We didn’t need to see Griffey be a decent player in his 30s to know he was a remarkable player in his 20s. For a 12 year stretch, Junior was about as good as a player can be, and that’s what the Hall of Fame will be honoring. And rightfully so.

Welcome to Cooperstown, Kid.


Dave Cameron FanGraphs Chat – 1/6/16

12:00
Dave Cameron: Welcome to 2016. Let’s have our first chat of the year.

12:01
Ben G: Is 2017 a realistic goal for the Braves to try and compete?

12:02
Dave Cameron: If guys like Swanson develop quickly, they could probably rise to the definition of “contender” that has developed the last few years; 75-80 wins with a crack at the mid-to-high-80s if they get a lot of breaks. But they’re way behind WAS and NYM.

12:02
Pale Hose: Hey Dave. Can we expect an offseason trade value update, or is that off the table?

12:03
Dave Cameron: You can! Because Jonah Keri also does his own version of the series, and Jonah and I are friends, I’m holding my update until after he releases his. His new version of the list should go up at Sports Illustrated towards the end of the month, and I’ll do a refresh of mine then.

12:03
Ray: Any idea why the Dodgers would hire Alex Anthopolous? Any truth to the talk that there is discension in the LA front office?

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Pricing Alex Gordon on a Three-Year Deal

Traditionally, baseball teams spend most of their money before Christmas and then, after the New Year, they start bargain hunting. Historically, free agents who are still on the market six weeks before Spring Training begins start getting lowballed, as teams begin to exert some leverage knowing that players want to have a job lined up before the calendar starts pushing too far towards Opening Day. There are still big contracts signed in January and February — after all, Max Scherzer got $210 million on January 19th last year — but, for the most part, January and February deals come a bit cheaper than deals signed in November and December.

So perhaps messages like this one shouldn’t be that surprising:

The idea of Cespedes taking a three-year deal is probably a pipe dream. He’s a 30-year-old coming off a +7 WAR season, and there’s probably not a great reason for him to try and hit the free agent market again after his age-32 season, when his physical skills — where he derives almost all of his value — have begun to decline. If Cespedes can’t get a five- to seven-year deal this winter, he’s probably best off just signing a deal with an opt-out for next winter, when he could reasonably expect to be the best free agent bat on the market, given the weak supply of available talent in next year’s class. Maybe the White Sox can get him to sign a three-year deal if they gave him the first year opt-out and a high-enough AAV, but I’d still expect some team to step up and give Cespedes north of $100 million.

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