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The Argument Against Edwin Encarnacion

The title of this post serves is a warning, but not an absolute one. There’s a price at which just about any player becomes palatable. If Edwin Encarnacion were available to a team for just $1 this offseason, that team should sign him. For a number of reasons, Edwin Encarnacion will not be available for $1 this offseason. For a number of reasons, Edwin Encarnacion is going to earn much more than that. For a number of reasons, he’s likely to be overpaid for the services he’ll render.

Encarnacion, 33, just finished a season in which he hit 42 home runs and produced four wins above replacement. That matches very well with his last five seasons, during which he has averaged 39 homers and four wins above replacement. A standard decline from that level of production should make Encarnacion a very valuable player in this year’s free-agent class, but there are major warning signs.

In his piece on free-agent landmines, Dave Cameron wrote that Encarnacion was unlikely to be worth $100 million ($90 million in salary plus the value of the draft pick) unless he defies the aging process. How do we estimate Encarnacion’s worth? A couple ways, actually.

Let’s begin with a simple way — namely, by applying a standard aging curve to Encarnacion’s current 2017 projection. Encarnacion has been a steady four-win player for half a decade. If we were to see some decline, we might expect him to produce just a 3.5 WAR next season. Our current projections for Encarnacion estimate that he’ll record only a 2.3 WAR next season, however.

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The Risk of a Justin Turner Deal

While Yoenis Cespedes appears headed for the biggest free-agent contract this winter, he doesn’t enter the offseason with the distinction of having recorded the best 2016 campaign of all the market’s remaining free agents. That would be Justin Turner, actually, with a 5.6 WAR. In terms of probable outcomes for next season, Turner has Cespedes beat there, too, with a 3.6 projected WAR for next year (to Cespedes’ 3.0).

So Turner, despite having produced the better 2016 season and despite possessing the better 2017 projection, is likely to receive less money than Cespedes. Turner’s a year older, which might account for some of the difference, but age is also baked into the aforementioned projections. Ultimately, Turner could be a bargain. Even with bargains, though, there remains some risk.

Dave Cameron, in his annual Free Agent Bargains piece, makes the case for Turner:

Turner looks like this year’s Ben Zobrist; a good player who will get underpriced because he doesn’t feel as good as he actually is. At $70 or $80 million, Turner still isn’t getting priced like a star; that’s Mike Leake money these days. And Turner is pretty clearly better than a pitch-to-contact starting pitcher. So for a team that wants an impact player at a price that doesn’t reflect the kind of value they’re likely to get, Turner is probably the best bet on the market.

The evidence backs Cameron’s assertion. The crowd pegged Turner for a $70 million contract over four years, while Cameron went a bit higher at $80 million. Using Turner’s 3.6 projection for next season, a value of $8.5 million per WAR and the standard aging curve, we arrive the following projected values.

Justin Turner’s Estimated Value — 5 yr / $119.8 M
Year Age WAR $/WAR Est. Value
2017 32 3.6 $8.5 M $30.6 M
2018 33 3.1 $8.9 M $27.7 M
2019 34 2.6 $9.4 M $24.4 M
2020 35 2.1 $9.8 M $20.7 M
2021 36 1.6 $10.3 M $16.5 M
Totals 13.0 $119.8 M

Assumptions

Value: $8.5M/WAR with 5.0% inflation (for first 5 years)
Aging Curve: +0.25 WAR/yr (18-27), 0 WAR/yr (28-30),-0.5 WAR/yr (31-37),-0.75 WAR/yr (> 37)

With those figures, Turner is likely to be a major bargain. But beginning with Turner’s 2017 projection is only one means to estimate his future production. We can also use some comps.

Turner has had an unusual run to his current role as “prime free agent,” going from replacement-level player through age 28 to one of the better players in baseball over the past three years. He’s not the first player to make this type of transition, but his unusual trajectory makes it difficult to find historical precedent.

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Yoenis Cespedes Is Worth an Investment

One year ago, Yoenis Cespedes was coming off an MVP-like season, having just turned 30 years old. It seemed inevitable he’d sign a large contract. Nevertheless, his market failed to develop. Instead, Cespedes opted to settle with the Mets on a three-year deal for $75 million, an agreement that also included an opt-out clause.

Now, entering the offseason, Cespedes isn’t merely a year older but he’s also coming off a season in which he produced roughly half the wins of his 2015 campaign. Given his age and performance in 2016, it would be reasonable to think his market and future would be less certain than a year ago. In a different market and a different level of certainty regarding his future, though, Cespedes is set to receive the contract most thought he would sign last season.

Determining a player’s value in a vacuum can be a different thing than determining the contract he’s actually likely to receive. For the most part, players in free agency receive more than they’re actually worth; the bidding process rewards/punishes the highest bidder, which is presumably the team with the highest valuation of the player. Cespedes was ranked as the top free agent by Dave Cameron this offseason, and both Cameron and the crowd have estimated that Cespedes will receive a five-year contract worth about $120 million. Now, let’s figure out how much Cespedes will actually be worth over the course of that contract.

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The “Eras Committee” Hall of Fame Candidates

Every year, the Hall of Fame ballot and subsequent results general considerable attention — as they probably should. The writers have the first opportunity to decide who will enter the Hall, and they generally admit the best players. But the BBWAA alone doesn’t have a say. Of the 247 players enshrined in the Hall of Fame, the writers have selected only 116 in the traditional fashion we see today. Another 45 gained entry through special Old Timers and Negro Leagues votes. Three players were selected in a runoff procedure that used to be performed if no player was elected. Both Lou Gehrig and Roberto Clemente were elected in special votes.

That leaves 80 players who were selected via the so-called Veteran’s Committee. That committee has changed its rules over the years and is now known as the Eras Committee. This year, five players are up for election: Harold Baines, Albert Belle, Will Clark, Mark McGwire, and Orel Hershiser.

From 1953 through 2001, the Veteran’s Committee selected 77 players for the Hall of Fame, averaging a player and a half per year. The committee’s selections, however, were accompanied by complaints that the elections diluted the Hall, ultimately accepting too many players. The Hall responded by creating tougher standards for election through the Veteran’s Committee and, over the last 15 years, only three players were inducted by that means: Joe Gordon, Ron Santo, and Deacon White. While those tougher standards might have been necessary in the short term, the freeze made it very hard for players to gain entry, delaying Santo’s election, for example, until after his death. More changes have been made over the past few years, in part to deal with changes made to the Hall of Fame ballot limiting the number of years for which a player can appear on the writers’ ballot.

There are currently four eras, per the Hall’s definition: Today’s Game (1988-present), Modern Baseball (1970-1987), Golden Days (1950-1969), and Early Baseball (1871-1949). Candidates for Today’s Game will be considered this year (2016) and in another two years (2018); candidates for Modern Baseball will be considered next year (2017) and again in two years following that (2019); candidates for the other two, older eras will be considered in four years (2020). If the current iteration holds up longer than that, the plan is to consider the two more recent eras twice in five years, with the Golden Days considered once every five years and the Early Baseball considered once every 10 years.

This year’s committee, consisting of 16 writers, executives and Hall of Famers, is considering 10 candidates who need at least 75% of the vote and members can vote for up to four candidates. That last rule could make it difficult for the players, however, because of the five other names that appear on the ballot and which belong to a collection of non-players. Here are the names of those managers and executives: Davey Johnson, Lou Piniella, Bud Selig, George Steinbrenner, John Schuerholz.

As for the players, we have four Hall of Very Good-type players and one Hall of Fame-caliber player who has admitted to PED use.

Harold Baines

Harold Baines played 22 years in the majors and compiled 2,866 hits and 384 homers. Only 15 players in Major League Baseball history have recorded greater figures than Baines in both of those categories, and the only ones not in the Hall of Fame have either never been eligible for election (Alex Rodriguez, Adrian Beltre) or have other issues clouding their candidacies (Barry Bonds, Rafael Palmeiro). The same is true for 38 players who rank ahead of Baines in hits. Baines was a good hitter throughout his career, but he stopped playing regularly in the field after age 27, and spent his time at designated hitter thereafter.

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How the Cubs Dynasty Could Collapse

It’s been about a week since the Chicago Cubs won the World Series. A few days less than that since the parade. And while there will always be time for remembering this season and this team’s accomplishments, it’s okay to look forward, as well. After the Cubs won last week, Dave Cameron wrote that the Cubs have a chance at creating a dynasty, not unlike the New York Yankees two decades ago. That possibility certainly exists — and just about all the evidence we have regarding the Cubs right now suggests that they’re going to be a good baseball team for the foreseeable future. There are no guarantees.

Two days ago, Jeff Sullivan turned the FanGraphs Depth Charts numbers, based on Steamer projections, into a way-too-early projection for next season. The Cubs are already situated in the mid-90s for wins — and that’s even after accounting for the loss of starting center fielder Dexter Fowler. When we talk about the future of the Cubs, we focus on the position players, as well we should. The position players are the Cubs strength — and for the most part, they’re young and cheap, allowing the Cubs to spend money elsewhere to fill holes.

So even if the Cubs do nothing, they head to next season with a strong core both on offense and defense. Kris Bryant isn’t likely to be as good as he was this past year, but the projections factor that in. Anthony Rizzo is projected for another good year. Javier Baez and Addison Russell, both of whom retain considerable upside, are projected for similar years. Willson Contreras is expected to continue his promising transition to the big leagues.

There are certainly going to be concerns about Jason Heyward at the plate — and, to a lesser degree, in the field, if he has to play center in a full-time capacity. He’s not going to cost the team runs, but replacing an outfield alignment of Bryant/Soler/Zobrist (in left field), Fowler (in center), and Heyward (right) with Schwarber, Heyward, and Zobrist, respectively, is going to downgrade the defense a bit. The projections assume that 36-year-old Ben Zobrist will also decline just a bit from his solid 2016 campaign.

But even if Zobrist starts aging poorly, Heyward fails to rebound, and Schwarber is unable to return to previous form, the club is still in good shape on the position-player side of things. That said, there’s no guarantee for success. Even if the Cubs hit well again and defend well again, a return to the playoffs isn’t a given.

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MLB Teams with Money to Spend in Free Agency

Last year’s free-agent class was one of the strongest we’ve ever seen. With legitimate aces like Zack Greinke and David Price heading the class plus young outfield talent in Jason Heyward and Justin Upton, a bona fide slugger in Chris Davis, along with a host of other mid-rotation starters and solid position player options, teams spent roughly three-quarters of a billion dollars on free agents in 2016 salaries alone. This season lacks talent at the top and depth in the middle, but that doesn’t mean we should expect to see a lot less spending. Nobody is likely to receive $200 million, but teams have plenty of money to spend and it has to go somewhere.

One way to think about how much money teams have to spend this offseason is to consider the salaries departing from their rosters. The chart below measures the money that has disappeared from clubs’ payrolls. To calculate each figure, I began with every club’s Opening Day obligations from 2016 and identified those players making at least $1 million in 2016 who either (a) were traded during the season or (b) have become a free agent in the meantime. I then added up the salaries of the departing players. This shows how much teams are losing in salary based on departures alone, with data gathered from Cot’s Contracts.

screenshot-2016-11-07-at-1-24-06-pm

We often think of payroll coming off the books as a benefit for clubs. Player contracts, especially large ones, tend not to be very valuable in their final years. Think about the Los Angeles Angels, for example, who enter the season with $60 million less in obligations. The team had large commitments to pitchers Jered Weaver and C.J. Wilson. While both of those pitchers were good at points of their careers, they provided little in terms of on-field value last year. The Angels, if they so choose, can now take the roughly $40 million formerly invested in those pitchers and put it to better use. If we work under the assumption that a win costs $8.5 million in free agency, the Angels could conceivably improve themselves by around five wins by spending that money on contributing players.

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Gauging the Trade Value of Miguel Cabrera, Justin Verlander

The Detroit Tigers find themselves at a crossroads as this offseason begins. With players like Miguel Cabrera and Justin Verlander — stars who can still contribute but who are on the wrong side of 30 — the Tigers’ window for contention with this group is closing. Ian Kinsler is another player who’s bound to experience age-related decline. Meanwhile, outfielder J.D. Martinez — one of the best hitters in the game over the past three years — is a free agent after 2017. All in all, it’s difficult to see this team contending beyond next year without an overhaul. Given those constraints, it makes a lot of sense to go all in next year. The aging core’s decline, along with the addition of some new free-agent signings, should make the team decent once again; a little more help would make them contenders.

However, Detroit’s practice of running with the big markets in terms of payroll and addressing weaknesses through free agency might be coming to an end. Based on what Buster Olney wrote last month, it appears as though, while everyone is technically available, that the Tigers aren’t prepared for a full rebuild. Here are some of Olney’s comments as they relate to Verlander:

But remember, the Tigers don’t want a full-blown teardown. They want to try to win next season, and Verlander was their best pitcher in 2016. (And yes, he can block any trade, and the future Hall of Famer could ask any interested team to guarantee his $22 million vesting option for 2020.)

The Tigers aren’t likely to make the playoffs next year by only half-committing to their roster, and they already have around $175 million in contract obligations. Moving Ian Kinsler or J.D. Martinez makes them worse in 2017, and if a larger and larger percentage of their payroll is allocated to declining players like Miguel Cabrera, the club isn’t any more likely to contend in 2018 and beyond. If they aren’t going all in next year — and it appears they aren’t — the quickest route to the playoffs is to tear it all down. To do that, the team needs to move Miguel Cabrera, and that might best be done by packaging him with Justin Verlander.

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Cleveland’s Path to the 2017 Playoffs

Cleveland had a great year in 2016, capped by an incredible run to the World Series — a run that fell just a win short, ultimately, of the club’s first championship in nearly 70 years. While Chicago might bask in their glory for a bit — and it would certainly be appropriate for Cleveland to reflect on their fantastic season, as well — it might be a bit more uplifting for Cleveland fans to looks forward to 2017, as long as there’s reason for optimism next year. Rest assured, there’s plenty of reason for optimism next year.

First things first: Cleveland won 94 games in 2016, and there’s no reason to suspect that the season was a fluke fueled by one-run wins or multiple extraordinary performances unlikely to repeat themselves. Their Pythagorean and BaseRuns records both had them exceeding 90 wins. Cleveland absolutely deserved the success they had, and virtually every important piece is set to return for next season. Francisco Lindor, who has emerged as the team’s star and one of the very best players in baseball, will be back and making the major-league minimum. Jose Ramirez solidified himself as a starting third baseman, and even if he can’t replicate his production in 2016, he should still be an above-average contributor. The same is true both for Jason Kipnis and Carlos Santana. Those last three might have all played a little above their expected levels in 2016, but they should still be quite effective next season, as well.

The rotation, weakened in the postseason by injuries, should once again represent a strength. Corey Kluber will be back to anchor the rotation, while Carlos Carrasco and Danny Salazar — who combined for just 283.2 innings in 2016 — will resume their position behind Kluber. Trevor Bauer will return to his role as a fourth starter, where his slightly above-average stats play well. In the fifth spot, Josh Tomlin is back with a salary under $3 million. While his numbers aren’t great, young pitchers like Ryan Merritt and Mike Clevinger tested the waters this year, got some time in the postseason, and provide necessary depth should pitchers get hurt or turn ineffective. Even Zach McAllister could pitch in, as well. The bullpen that was such a strength in the postseason is back, too: Andrew Miller, Cody Allen, and Bryan Shaw are all under contract at reasonable prices, expected to earn around $20 million collectively.

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Jason Heyward’s Meaningless, Spectacular Defense

The biggest play of last night’s Game Six was a defensive one, but not in a positive manner: a miscommunication between Tyler Naquin in center field and Lonnie Chisenhall in right failed to result in a catch. Two runs scored for Chicago, and the Cubs took a 3-0 lead in just the first inning. The biggest strategic decision, meanwhile, concerned the use of Aroldis Chapman by Joe Maddon, as Chicago’s manager went to his closer in the seventh inning of a 7-2 game. It’s hard to discount the the implications either of Cleveland’s defensive misplay or Maddon’s bullpen management on the outcome of this World Series.

However, Game Six of the World Series also featured an unimportant strategic decision that facilitated some unimportant defensive plays. Even though he scored no runs and recorded zero hits, the decision to start Jason Heyward was likely worth several runs for the Cubs. And even if those runs didn’t ultimately represent the difference between a win and a loss, Heyward’s presence in the game nevertheless revealed how an offensively struggling but defensively forceful player can impact a result.

In the fourth inning of last night’s contest, right after Mike Napoli singled in Jason Kipnis to make the game 7-1, the Chicago Cubs possessed a 94.8% chance of victory. The leverage index was a fairly low 0.47, so even a positive result for Cleveland was unlikely to influence the game greatly. Facing Jake Arrieta, Jose Ramirez struck a ball that lands for a hit 56.8% of the time and goes for extra bases 20% of the time.

Here’s the end of that play:

At first glance, the play appears challenging for Heyward but hardly impossible. As mentioned above, batted balls with similar exit velocity and launch angles were caught around 43% of the time. Nearly half, in other words. What that figure doesn’t account for, however, is Heyward’s position at the start of the play relative to the location of the ball in the field. We can go a little further with the Statcast data.

By doing a few calculations, we can determine that, if he were running in a 40-yard dash in this case, Heyward would have recorded a time of roughly 9.9 seconds, which is really slow for a 40-yard dash. Of course, when Jason Heyward hears the ball off the bat, he doesn’t simply get to sprint straight forward in a line. He has no idea in which direction he might have to run — backwards, forwards, left, right. He decides where to run by looking at a small white object that begins its trajectory roughly 300 feet away while also traveling at 98 mph.

We rarely see an outfielder’s first step when watching the game because both our own eyes and also the cameras themsleves are focused on the batter-pitcher matchup. Heyward is very good at making quick decisions, though: the first step on his acrobatic play near the wall in Game Five occurred within 0.17 seconds.

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2016 World Series Netting Historic TV Ratings

This past Sunday night, one of the most important baseball games of the year went head-to-head with a primetime regular-season NFL broadcast on NBC. Millions more opted to watch the Chicago Cubs host their final home game of the year and stave off elimination in a close game. That Major League Baseball went head-to-head with the NFL and won isn’t that big of a deal. That MLB has garnered ratings not seen in a decade, however — and bested the top-rated program in all of television over the past few years — represents a big win for a sport receiving near-constant criticism for sagging ratings.

The broadcast of Game Five on Sunday night was one of the highest-rated broadcasts for the World Series in years. Since Boston ended their 86-year championship drought back in 2004, only one game has drawn more than the 23.6 million viewers Cleveland and Chicago netted on Sunday night: Game Seven of the 2011 World Series between the St. Louis Cardinals and Texas Rangers. If you remove clinching games, it was one of the most viewed games of the century. The table below shows the most-viewed non-clinching games since 2000, the year FOX exclusively began broadcasting the World Series.

Most-Viewed Non-Clinching World Series Games Since 2000
Series Year Game Viewers
BOS-STL 2004 2 25.46 M
BOS-STL 2004 3 24.42 M
ARI-NYY 2001 4 23.69 M
CHC-CLE 2016 5 23.60 M
ARI-NYY 2001 2 23.55 M
ARI-NYY 2001 3 23.41 M
BOS-STL 2004 1 23.17 M
NYY-PHI 2009 4 22.76 M
ARI-NYY 2001 6 22.67 M
ARI-NYY 2001 5 21.32 M
STL-TEX 2011 6 21.07 M
FLA-NYY 2003 4 20.88 M
FLA-NYY 2003 2 20.55 M
SOURCE: Sports Media Watch

More people tuned into to see Sunday night’s World Series game than watched Game One in 2004 when the Red Sox began their attempt to end the curse. The game drew more viewers than the epic extra-inning Game Six between the Cardinals and Rangers in 2011. Indeed, only one non-2004 World Series game exceeded Sunday night’s in terms of viewership: the Diamondbacks-Yankees contest from 2001, best remembered for Derek Jeter’s 10th-inning walk-off homer against Byung-Hyun Kim.

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