With the holiday break coming to an end, Phase II of the 2015-16 free agent and trade markets is about to kick off in earnest. As noted by August Fagerstrom earlier today, player movement is likely to be heavier than in the typical January, with plenty of top free agents, particularly on the position player side, still on the market.

The first wave of free-agent signings was particularly kind to starting pitchers, both at the top and middle of the market. Still, a handful of starters — Wei-Yin Chen, Yovani Gallardo and Ian Kennedy at the forefront — remain available. Does the market have enough suitors and dollars to satisfy those three? Today, we’ll look at the first of those three, who has spent all of his stateside career with the Orioles.

Read the rest of this entry »

The week between Christmas and New Year’s is traditionally a quiet one in baseball circles, as most home offices are closed, and many top executives vacation far, far away. This year hasn’t exactly been typical, with one big trade (Aroldis Chapman to the Yanks) and one reasonably significant free agent signing already in the books (Henderson Alvarez to the A’s) and another one pending a physical (Daniel Murphy to the Nationals).

There are still many big name free agents yet to sign on with their new clubs, and most of them are of the position player variety. Outfielders Justin Upton, Yoenis Cespedes and Alex Gordon, to name just three, are still on the board. So is first baseman Chris Davis, whose recent offensive contributions outstrip even those three. The Orioles reportedly offered Davis in the vicinity of $150 million over seven years to remain in the fold, only to be rebuffed. Has that offer clogged up position player free agency? And is an investment of that magnitude in this sort of player a wise one?

Read the rest of this entry »

Aroldis Chapman throws a changeup, and I’ve written before about how unfair that is. It’s not the best pitch in baseball or anything, but because Chapman’s fastball might be the actual best pitch in baseball, it seems almost impossible to defend against both the heater and the change, not to mention the slider. When you have to prepare for 100, I don’t know how you adjust on the fly for 88, with the same throwing motion. My favorite fun fact from a couple years back is that, of all the swings against Chapman’s changeup, just one made contact.

Chapman isn’t the game’s only elite reliever, and he’s not the only elite reliever with a signature pitch. When you have an elite reliever with a signature pitch, you can imagine it’s difficult to try to hit anything that isn’t the signature pitch. Take Zach Britton, who within a couple months went from potential waiver bait to shutdown closer. This past year, Britton took another step forward, leaning heavily upon his sinker. It’s becoming a famously dominant sinker, which has been a wonderful development for Britton’s non-sinker.

Read the rest of this entry »

In light of the tremendous success of last week’s edition of Let’s Find a Home — for which we took about 20 minutes to send Johnny Cueto eagerly off to San Francisco — I thought it would be right neighborly to take on a different, lonely, sad free agent this holiday season. So, people, won’t you help me find a new happy home for Chris Davis? He’s tall, he hits homers, and he is completely potty trained! Adoption fees start at $150 million.

There’s an alternate reality somewhere out beyond our galaxy (yes, I saw Star Wars a few days ago) where Chris Davis is taking one year “rebuild his value” offers from a few teams after another unsuccessful season. In that galaxy, Chris Davis is Mike Napoli, and when he signs, it doesn’t merit a press conference, only a few lines from his new manager amidst discussion of other business. That’s where things were headed for Davis after 2014. He was worth not quite a full win that season, batting below .200, just reaching a .300 on-base percentage, and slugging a hearty (for a middle infielder) .404. This came following a seven win season. Seven! Wins! Chris Davis posted a seven win season then wasn’t worth a single win the next season. Ahhhh baseball!

Then last season, Davis was worth 5.6 wins. Ahhhh baseball reprise! Chris Davis is your friend who insists on driving but doesn’t understand the subtlety required by brake and acceleration pedals. His car lurches forward off the line then, as soon as he sees anyone slowing in front of him, he slams on the breaks. Can you pay that guy like he’s a champion race-car driver?

Read the rest of this entry »

After having typically appeared in the very hallowed pages of Baseball Think Factory, Dan Szymborski’s ZiPS projections have been released at FanGraphs the past couple years. The exercise continues this offseason. Below are the projections for the Baltimore Orioles. Szymborski can be found at ESPN and on Twitter at @DSzymborski.

Other Projections: Atlanta / Cincinnati / Kansas City / New York AL / Philadelphia / Pittsburgh / Texas / Toronto.

Batters
If there’s one thing that irks Dan Szymborski, it’s when people cast aspersions against great Polish-American war hero Casimir Pulaski. If there’s a second thing that irks him, however, it’s when people calculate the sum of the WAR figures displayed in the depth charts of these ZiPS posts, add those totals to 47.7 (i.e. the win total of a hypothetical replacement-level club), and then regard the result as Szymborski’s unambigious win projection for the team in question. Bad form, is what Szymborski has to say about that maneuver.

That caveat having been made, what one finds upon revisiting last year’s ZiPS post for Baltimore is that the club’s depth-chart projections accounted for roughly 34 WAR — which figure, added to 47.7, equals 81.7. Meanwhile, here’s the Orioles’ final record from 2015: 81-81. And their BaseRuns record, also: 79-83. What appears to have happened, at the most basic level, is that Szymborski’s computer regarded Baltimore as almost a perfectly average team and then Baltimore performed like almost a perfectly average team.

This is bad news for the current iteration of the club, which accounts for only about 27 WAR (i.e. seven fewer wins than last year) on the depth chart below. Among the position players, there’s a great deal of uncertainty after Adam Jones and Manny Machado. Indeed, right field and designated hitter actually receive negative-win projections. So, not ideal. That said, there’s some positive uncertainty, as well — particularly in left fielder Hyeon-soo Kim, whose combination of contact ability and power invite comparisons to the best version of Nick Markakis.

Read the rest of this entry »

Wednesday, the Angels quietly picked up Daniel Nava. They did so quietly because there would be no way to do so loudly, and after it was announced, some people started talking seriously about a potential platoon between Nava and Craig Gentry. I don’t know if that’ll happen — I don’t think that’s going to happen — but the mere possibility suggests the Angels aren’t thrilled with the options. It’s a curious thing to consider at the same time as the Orioles agreeing to sign Hyun-soo Kim for two years and $7 million. Kim will be coming from the KBO, so there are the usual questions, but he turns just 28 in a month, and this is middle-reliever money.

For reference, Chad Qualls signed for two years and $6 million. Oliver Perez signed for two years and $7 million. Jonathan Broxton signed for two years and $7.5 million and a no-trade clause. Perfectly useful relievers, all of them, but Kim is lined up to be a starting outfielder, and he’s right around peak age. Without even knowing anything about Kim, the potential value is obvious.

When I first started analyzing Kim, I thought about Nori Aoki. Some people would call that a lazy comp, but I do think it’s within reason. Also, I’ve just had Aoki on my mind lately, so I’m biased. As I’ve thought about this more, though, I’ve arrived at something else. What could Kim turn into in Baltimore? A very familiar-looking player. The Orioles know this skillset.

Read the rest of this entry »

There’s a pitcher you might not have ever heard of. Or maybe you have heard of him, but you haven’t thought about him much. He did spend a chunk of last year in the major leagues, and now, let me explain him to you, using a series of facts.

The pitcher threw his fastball about as hard as Andrew Miller, and he also threw strikes about as often as Andrew Miller. He worked in the zone about as much as David Price, yet hitters didn’t like to swing at those pitches. He walked batters around the same rate as Corey Kluber, but he struck batters out around the same rate as Jake McGee, because he had a lower contact rate than Jose Fernandez, and a comparable swinging-strike rate to Noah Syndergaard. That’s how you wind up with a K-BB% like Dellin Betances, an ERA- like Zack Greinke, an FIP- better than Aroldis Chapman, and an xFIP- like Kenley Jansen. Last year, 476 pitchers threw at least 25 innings. The mystery pitcher performed as one of the very, very best.

He yielded the 18th-lowest batting average. Also the ninth-lowest OBP, and the 44th-lowest slugging percentage, despite working in the American League and in a hitter-friendly environment. So he gave up the 17th-lowest OPS. All these numbers are based on a pretty small sample. Yet all these numbers are impossibly encouraging.

Read the rest of this entry »

Recently here, lead prospect analyst Dan Farnsworth published his excellently in-depth prospect list for the Baltimore Orioles. In this companion piece, I look at that same Baltimore farm system through the lens of my KATOH projection system. There’s way more to prospect evaluation than just the stats, so if you haven’t already, I highly recommend you read Dan’s piece in addition to this one. KATOH has no idea how hard a pitcher throws, how good a hitter’s bat speed is, or what a player’s makeup is like. So it’s liable to miss big on players whose tools don’t line up with their performances. However, when paired with more scouting-based analyses, KATOH’s objectivity can be useful in identifying talented players who might be overlooked by the industry consensus or highly-touted prospects who might be over-hyped.

Below, I’ve grouped prospects into three groups: those who are forecast for two or more wins through their age-28 seasons, those who receive a projection of at between 1.0 and 2.0 WAR though their age-28 seasons; and then any residual players who received Future Value (FV) grades of 45 or higher from Dan. Note that I generated forecasts only for players who accrued at least 200 plate appearances or batters faced last season. Also note that the projections for players over a relatively small sample are less reliable, especially when those samples came in the low minors.

1. Chance Sisco, C (Profile)
KATOH Projection Through Age 28 (2015 stats): 9.7 WAR
KATOH Projection Through Age 28 (2014 stats): 7.1 WAR
Dan’s Grade: 45 FV

Cisco demolished High-A pitching last year to the tune of .308/.387/.422. He ran nearly-equal strikeout and walk rates, and complimented them with modest power and a high BABIP. That performance earned him a late-season cameo at Double-A, where he also excelled in many of the same categories. A season like that would be impressive from any 20-year-old, but Cisco’s is especially encouraging since he’s a catcher. Few catchers hit as well as Cisco has, making him one of the most compelling prospects in the game.

Read the rest of this entry »

Remember life before Mike Trout? There was less joy in the world and the Angels didn’t have to spend so much money on new baseballs. There were also different expectations placed on young players. Because of Trout, though, and the era of players he ushered in, the way we look at prospect timelines has changed. Trout was the best player in baseball at age 20 and has been great ever since. Bryce Harper, Manny Machado, and plenty of other newcomers have taken the sport by storm with awesome debuts. Carlos Correa! Kris Bryant! Francisco Lindor! Top prospects now burst onto the scene and are immediately awesome. It’s fun to watch.

But it can also be distracting. The Trout-led immediacy has moved us to forget about players who don’t excel right away. I’m not just talking about mid-level prospects who aren’t getting their due, I’m thinking about good prospects who don’t have four-win seasons prior to their 23rd birthdays.

There’s an attention gap between the year you lose prospect status and the year you show up near the top of the leaderboards for the first time. Once a player loses his rookie eligibility but before he’s fully reached his cruising altitude, we sort of lose track of them unless they play for our favorite team.

Read the rest of this entry »

In Major League Baseball, the market tends to correct itself as clubs gain greater knowledge of players and their value. If aging players are less successful, the market for that group might slow a bit. Bullpen arms become more or less desirable depending on their scarcity. Increased revenues tend to move everyone up the pay scale. It is important to understand how and when to make adjustments in value as run-scoring environments, finances, and aging patterns change.

That is all well and good for those who run organizations and those who follow the game closely, but the arbitration process is much less nuanced. The non-tendering of contracts to Pedro Alvarez and Chris Carter, along with the trade of Mark Trumbo, are all the result of a failure to adjust — within the arbitration process, specifically — as the market slowly corrects for the overpayment of defensively- (and sometimes offensively-) limited home run hitters whose overall effectiveness has dimmed.

The arbitration process tends to favor the traditional stats that place like FanGraphs have tried to de-emphasize. Closers get big paydays in arbitratio, regardless of overall performance. As a result, the St. Louis Cardinals opted to let Steve Cishek go instead of moving to arbitration where he would receive a salary of around $7 million. Home runs and RBI tend to get paid as well, causing an overpayment for those players who rack up those numbers, but have big deficiencies in other areas.

Read the rest of this entry »