How Will Jon Lester Age?

It’s Winter Meetings time, so that means the ratio of rumors to actual stuff happening is exponentially high. Some modestly sized moves have happened, however, and the possibility of something really big is in the air. The one big shoe that could drop at any given moment is the signing of lefty Jon Lester, most likely by one of four primary suitors: the Red Sox, Cubs, Dodgers or Giants. Where might he head, how might that destination treat him, how much money might he earn, and how wise of an investment might that be? Let’s answer those somewhat loaded questions as best we can.

When I began my baseball career as an Area Scout with the Brewers, I worked closely with a part-time New York City scout named Ed Fastaia. He was a tireless worker, a good friend, and he took great pride in having the Greater New York area locked down tight. The Bayside Yankees were a premier tournament club for high school players during this time frame, so they were a must see during the summer time.

Ed spoke of how he checked in to see the club early one summer to make sure his early follow list for the next year’s draft wasn’t missing any key names. He experienced one of those “wow” moments that every scout hopes for; he was the only scout there, and saw this unfamiliar tall, projectable lefthanded pitcher flashing now plus stuff. Since the club was usually comprised of players from the Northeast, he thought he had a scoop. After speaking with the coaching staff, he learned that this ringer was actually a Pacific Northwest kid who had headed east for the summer – a kid named Jon Lester. He made sure the office was in the loop, kept tabs on him, and went back to the business of searching for prospects from his own area.

Lester was then drafted by the Red Sox in the 2nd round of the 2002 draft, and signed for an overslot bonus. Though his minor league performance was inconsistent at times — 32-31, 3.33, with less than a strikeout per inning, albeit perennially as one of his league’s younger arms — Lester got partial-season auditions in the Sox rotation in both 2006 and 2007 before taking a regular turn for good in 2008. He’s started between 31 and 33 games per season ever since.

There are an awful lot of very good reasons why Lester is about to become a very rich man. The aforementioned durability is certainly one of them. His lefthandedness is another. His ability to be a solidly above league average performer while pitching his home games in a hitter-friendly environment is yet another. Is he, however, the type of guy to whom you would comfortably give a $150M+ contract, over as many as seven years? After all, he was a below league average performer as recently as 2012, and not that much better than average in 2013 before his stellar 2014 campaign. With all due respect, this isn’t quite Felix Hernandez or Clayton Kershaw we’re discussing here.

To get a better feel for his present true talent, let’s take a look at Lester’s outcome frequency and relative production by BIP type data compared to MLB average for 2014, both before and after adjustment for context. First, the frequency info:

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FREQ – 2014
Lester % REL PCT
K 24.9% 122 80
BB 5.4% 71 16
POP 9.3% 121 75
FLY 28.2% 101 50
LD 21.2% 102 64
GB 41.2% 95 36

Unless you’re a top-of-the-scale contact manager, you’d better excel at maximizing strikeouts and minimizing walks if you’re a starting pitcher in search of a long-term mega-contract. Lester meets this standard, with K and BB rate percentile ranks of 80 and 16, respectively. His K rate has been better in the past, but his 2014 mark still fits in nicely compared to career norms. The low BB rate represents a major breakthrough that bodes well for his future; it’s by far a career best, after four consecutive seasons with BB rate percentile ranks higher than MLB average.

Lester also induces a solid share of free outs from popups; his popup rate percentile rank of 75 is well above average, and this marks his third time in four years at that level or higher. Lots of K’s and popups coupled with few walks gives Lester plenty of margin for error with regard to contact authority. Interestingly, Lester has evolved into much less of a ground ball pitcher than he once was, as his 2014 fly ball percentile rank of 50 is a career high, and his ground ball percentile rank (36) is by far a career low.

Standing alone, that doesn’t sound like a positive development, especially for someone playing his home games in an extremely fly ball-friendly venue, Fenway Park. We’ll learn whether that is in fact the case as we gauge his contact authority allowed by examining his production by BIP type data.

PROD – 2014
Lester AVG OBP SLG REL PRD ADJ PRD BOS PRD CUB PRD LAD PRD SF PRD ACT ERA CALC ERA TRU ERA
FLY 0.227 0.584 65 76 97 88 88 67
LD 0.647 0.845 95 90 89 90 87 92
GB 0.293 0.320 147 115 111 115 109 102
ALL BIP 0.317 0.476 93 89 94 92 90 84
ALL PA 0.233 0.275 0.350 79 75 79 78 76 72 2.46 2.95 2.82

The actual production allowed on each BIP type is indicated in the AVG and SLG columns, and is converted to run values and compared to MLB average in the REL PRD column. That figure is then adjusted for context, such as home park, team defense, luck, etc., in the ADJ PRD column. In the three right-most columns, his actual ERA, calculated component ERA based on actual production allowed, and “tru” ERA, which is adjusted for context, are all presented. For the purposes of this exercise, SH and SF are included as outs and HBP are excluded from the OBP calculation. Just for fun, I’ve added a few extra columns adjusting the data as if he played half of his games in Fenway Park, Wrigley Field, Dodger Stadium or AT&T Park.

First, a brief word about Fenway, Lester’s primary home park in 2014. Each year, I prepare my own park factors, based on granular batted-ball data. This season, as usual, Fenway had an extremely high fly ball park factor of 146.6, second only to Coors Field. This is largely due to the presence of the Green Monster, which has this nasty habit of turning routine fly balls into doubles. Fenway’s fly ball park factor to LF? 163.0, 2nd highest in the game. It’s fly ball park factor to LCF? 277.1, by far the highest. Its overall doubles park factor was 131, highest in the game. Its fly ball doubles park factor was 189, by far the highest in the game. You get the picture.

Against that backdrop, Lester ability to suppress fly ball damage in 2014 is quite remarkable. .227 AVG-.584 SLG, for an actual 65 REL PRD, adjusted slightly upward to 76 ADJ PRD for context, is quite an amazing accomplishment. Lester also allowed less than average damage on liners, with a 95 REL PRD, adjusted slightly downward to 90 ADJ PRD for context. He was actually quite unlucky on grounders last season, allowing .293 AVG-.320 SLG, for a hefty 147 REL PRD, adjusted downward to 115 ADJ PRD for context.

On all BIP, Lester had a REL PRD — an unadjusted contact score — of 93, adjusted slightly downward to 89 for context. Add back his exceptional K and BB totals, and his unadjusted and adjusted contact scores plunge to 79 and 75, respectively. His actual ERA of 2.46 was actually quite low due to sequencing; his context-adjusted “tru” ERA checks in at 2.82.

Moving 50% of his games into Fenway gives him a BOS PRD of 79 (the equivalent of a 2.97 ERA), and doing the same for Wrigley and Dodger Stadium give him comparable projections (78, 2.92 and 76, 2.86, respectively). All three are fly ball friendly; Fenway for previously discussed reasons, Wrigley thanks to its homer-friendly LCF, and Dodger Stadium largely thanks to a very reachable CF fence. AT&T Park is the second most pitcher-friendly park with regard to fly balls, with a 67.3 fly ball park factor. Lester would likely have the most success in San Francisco, though it can certainly be argued that the Red Sox need his ability to contain fly ball contact more than anyone.

That fly ball management skill, along with his reduced BB rate, was the primary driver taking him to a new level in 2014. His four-seam fastball and curveball pitch values shot upward this season, and those are the types of pitches that if located expertly can induce relatively high, can-of-corn fly ball contact.

When you physically draw a line halfway between the popup and line drive boundaries, splitting “high” from “low” fly balls, you notice a stark difference in offensive production between the two. Hitters batted just .094 AVG-.224 SLG on high fly balls, and .372 AVG-.960 SLG on low fly balls in 2014. 34.85% of all fly balls fit into the high group, 65.15% into the low. Well, 44.81% of Lester’s 2014 fly balls fit into the high group. This is a major increase from his 2012 (25.90%) and 2013 (32.51%) high fly ball rates. This seems to be directly tied to the uptick in effectiveness of his four-seamer and curve this season.

Overall, while Lester’s 2014 is an exceptional overall performance, it wasn’t in the league of Hernandez (2.27) or Kershaw (1.89), or even Corey Kluber (2.44). Guaranteeing in the vicinity of $150M to a pitcher who is not an outlier in almost every regard, like Hernandez or Kershaw, is very risky business. Heck, guaranteeing that kind of money even to those two is pretty scary; do you think Dodger fans were a bit nervous last April? Even elite pitchers are inherently significantly higher risks than elite hitters, largely due to much higher injury risk.

Kershaw’s contract extension runs him through his age 32 season, Hernandez’s runs thru age 33. Jon Lester won’t take the mound in 2015 until after his 31st birthday. If he does lock down that 7th year, that will carry him through his age-37 campaign. The team that signs him, at the very least, will be looking for him to stay healthy, let alone productive, for the duration.

In the history of our great game, a grand total of 35 pitchers have qualified for ERA title in each of the seven seasons from age 31 to 37. They appear below:

NAME AGE 31 YR 31-37 W-L IP ERA ERA+ CAR ERA+
Burnett 2008 86-84 1412 4.26 95 103
Lowe 2004 99-82 1421 4.03 107 109
Mussina 2000 103-68 1438 3.80 118 123
Schilling 1998 115-60 1570 3.28 142 127
Maddux 1997 124-59 1603 2.93 148 132
Glavine 1997 112-65 1572 3.40 127 118
Finley 1994 92-75 1443 4.12 117 115
Morris 1986 114-82 1675 3.86 106 105
Tanana 1984 85-78 1442 4.14 98 106
Ryan 1978 90-74 1470 3.16 110 112
Sutton 1976 103-67 1593 3.10 114 108
Carlton 1976 137-65 1824 2.87 130 115
Jenkins 1975 110-85 1706 3.48 112 115
Koosman 1974 97-95 1721 3.44 109 110
Tiant 1972 121-74 1702 3.30 121 114
P.Niekro 1970 108-93 1874 3.17 122 115
G.Perry 1970 136-104 2174 2.88 127 117
Cuellar 1968 133-74 1836 2.97 116 109
Gibson 1967 125-70 1807 2.46 143 127
L.Jackson 1962 109-108 1843 3.20 113 113
Spahn 1952 138-85 1927 2.86 128 119
Wynn 1951 134-85 1853 3.20 118 107
Dickson 1948 88-121 1695 3.87 108 109
A.Reynolds 1946 112-52 1458 3.32 116 109
Derringer 1938 105-85 1696 3.22 113 108
Ruffing 1935 126-58 1613 3.32 128 109
Hubbell 1934 127-69 1729 2.89 134 130
Lyons 1932 77-88 1401 4.06 114 118
Grimes 1925 118-81 1709 3.69 114 108
Pennock 1925 106-66 1467 3.55 113 106
Vance 1922 133-77 1822 3.00 131 125
Luque 1922 103-102 1792 2.97 131 118
Rixey 1922 126-89 1892 3.18 123 115
Faber 1920 119-87 1818 3.15 127 119
Plank 1907 140-76 1863 2.15 126 122

For each pitcher, the year in which they turned 31, their age 31-37 won-lost record, total IP, ERA and ERA+, as well as their career ERA+ are listed. You’ll notice that fully 10 of the 35 pitchers reached age 31 in just over a single decade, between 1967 and 1978. There’s another block of five pitchers turning 31 in the six years between 1994 and 2000, an outlier era in many ways. The World War I and II eras are pretty barren, as careers were often interrupted for war service.

In the current era, it has become increasingly rare for pitchers to qualify for ERA titles at advanced ages. Exactly five hurlers qualified for the ERA title at age 37 or higher this season; Bartolo Colon, Tim Hudson and A.J. Burnett in the NL, and Hiroki Kuroda and R.A. Dickey in the AL. Burnett became the 35th pitcher on the above list this season, and Jeremy Guthrie and Mark Buehrle have two more consecutive qualifying years to go to become the 36th and 37th.

Some of the pitchers on the above list — Greg Maddux, Warren Spahn and Steve Carlton, to name three — are all-time greats. Many others, like Don Sutton, Gaylord Perry and Early Wynn, are guys who peaked in the age 31-37 window and rode their career totals, rather than their peak ability, into the Hall of Fame. Others are named Murry Dickson.

Since 2001? Only Derek Lowe and A.J. Burnett have been added, only because they happened to be the lucky ones who stayed healthy. Guthrie and Buehrle fit the same mold. Many greater pitchers over the last decade either haven’t maintained their effectiveness or durability deep enough into their 30’s, or had a relatively significant career-interrupting injury at some point in the age 31-37 window. This is, among other things, what any team signing Jon Lester to a seven-year deal is up against.

Lester is one of the best pitchers in the game, and his arrow is pointed upward. His core skills are varied, and his decline phase should be productive. That said, he is a pitcher. Pitchers get hurt. Justin Verlander looked like a great deal a few years back, didn’t he? So did C.C. Sabathia, Masahiro Tanaka and Yu Darvish. They all got hurt, to varying extents, calling their present and future into greater question.

If it were me, I’d give Lester a very high AAV — around $25M — but only for five years, with a sixth-year option. Gun to my head, if I needed to guarantee the sixth year to get it done, I just might depending on the input of doctors, scouts, etc.. The seventh year is an absolute non-starter. Lines have to be drawn somewhere, and with pitchers they’re drawn a little bit closer to home.





28 Comments
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Michael
11 years ago

The problem is that the market sets the contract, and if the market is pointing towards seven years, that’s what he’s going to get. So, the real way to value the seventh year might be akin to paying “points” on a mortgage–that’s the price of the “loan” and the question then becomes how to amortize that cost over the other six years. The risk with Lester is that you are at the bad side of two curves–the injury curve and the age curve. How many years or parts of years will Lester lose to injury when he’s still in the “primer” portion of the contract? I’d be inclined to look at a Mike Mussina with the Yankees type of performance and return as a max.

Mr. Observant misses NotGraphs and doesn't think Banknotes Industries is as funny...
11 years ago

Excellently and concisely written – and a great indicator as to why he might well sign with the Giants if his agents have done anything like this sort of research. My guess, however, is that Lester will age in a forward arrow-of-time, annular manner.

Stay for the veal and I’ll see myself out.

Michael
11 years ago

the veal is the best in the city. But it can get a little noisy…

LONNIE
11 years ago

Lester is going to be extremely overpaid by someone. That doesn’t mean he isn’t a very good pitcher just not worthy of elite status. In his last 3 seasons he has only had 1 season worthy of his payday. I honestly don’t see why any player would agree to a deal that would take him off the free-agent market when I see how much free-agents get paid.

Anthony
11 years ago
Reply to  LONNIE

I’m sure Brandon Webb really agrees with your sentiment and is so glad he waited for free agency. My guess is Grady Sizemore is super happy he waited for free agency too. How about Martin Perez? Matt Harrison? Derek Holland? Elvis Andrus? Stocks rise and fall between when players sign extensions and when they hit free agency. It’s a calculated risk. Justin Masterson and Colby Rasmus are just the latest examples of players who could’ve gotten far more in extensions just a year ago then they’ll get in free agency right now and Homer Bailey is an excellent example of the latter, someone who probably gained 30-40 MM by agreeing to an extension prior to a down year.

Derek R-C
11 years ago
Reply to  Anthony

Players like Masterson and Rasmus will certainly get a 1 year deal that still pays decently with incentives to pay very well. If they have a great year, they will surely cash in at the end of the year with a long term deal.

Their holding out, hasn’t really cost them

Walker
11 years ago
Reply to  LONNIE

I think the main reason players might sign away free agent years is risk of injury or underperformance.

Mark
11 years ago

Why not offer 5yr/140 if almost everyone agrees that yr6/7 will be ugly? How do teams make time value of money calculations? How valuable is it to be out from underneath a contract? Is it really worth it to Jon to have a guaranteed source of income in yr6 even if his AAV is lower? Presumably, he’d be happy to hit the market one year earlier since he has to believe this will be the first of two times being a FA.

Atreyu Jones
11 years ago
Reply to  Mark

I don’t think everyone agrees years 6-7 will be ugly. Pitching is too hard to predict.

I think everyone agrees that guaranteeing $25m a year for those years is risky.

Anthony
11 years ago
Reply to  Mark

Because most people would guarantee the extra 10 MM for year six in that scenario. 5/140 might be worth it for Lester, but that’s 15 MM more than Blengino’s suggestion, in the same time frame. If you’re dealing with 140 MM for Lester and expected to get five years, you might as well be dealing with 150 MM for Lester, a small increase, and get six years of him.

Shankbone
11 years ago

“If it were me, I’d give Lester a very high AAV — around $25M — but only for five years, with a six-year option. ”

And you would lose, every time. The market is the market.

chuckb
11 years ago
Reply to  Shankbone

He probably wouldn’t sign Lester. That’s not the same as losing.

Catoblepas
11 years ago
Reply to  chuckb

It may in fact be the OPPOSITE of losing, depending on how Lester ages and performs.

Derek R-C
11 years ago
Reply to  chuckb

The problem is it isn’t just Lester, it is the market in general. If you want to sign a TOR pitcher in free agency, you are going to have to over pay.

Gary
11 years ago
Reply to  Shankbone

I think the author is suggesting that he would go above the market AAV to get less years a la Cliff Lee. $25MM/6 years vs. $23MM/7 years. A reasonable man could take either really and they would both be market level deals.

Anthony
11 years ago
Reply to  Gary

Has there every really been an example like this? Has anyone truly accepted a long-term deal like this leaving only 11 MM on the table? 6/150 and 7/161 are not entirely dissimilar offers.

alex
11 years ago
Reply to  Anthony

Lester just did 😛

jdbolickMember since 2024
11 years ago

Lester is one of the best pitchers in the game, and his arrow is pointed upward.

I would amend that to “Lester was one of the best pitchers in the game last season,” then leave off the arrow claim entirely. You mention in passing that “he was a below league average performer as recently as 2012, and not that much better than average in 2013,” but then appear to brush that off and fully embrace his 2014 performance as a baseline for future production. Isn’t it much more likely that he regresses in 2015 and beyond, perhaps very strongly?

I agree about the declining walk rate being encouraging, and it appears to derive from a continuing increase in first strike percentage, up to a career high 61.4% this season. My problem is that Lester has a far lower zone percentage now than in his his prime. Getting hitters to chase balls obviously worked well in 2014, but batters adjust and I don’t see that as a long-term recipe for success. Honestly, I really have no idea why Lester is reportedly being offered these massive contracts since 2014 appears to be a massive aberration. James Shields is two years older, but he was also better in three out of the last four seasons. Max Scherzer has been significantly better in each of the last three seasons. Not having draft pick compensation attached does mean something, but these reported offers more than wipe out the estimated surplus value.

Ghost
11 years ago

I’d like to see a comparison between Cole Hamels and Jon Lester in terms of who is a better pitcher, who projects to age better, and who will provide more value given their respective costs. (Hamels will cost prospects and Lester will cost more money).

chuckb
11 years ago
Reply to  Ghost

If you believe Ruben Amaro, Hamels won’t just cost prospects. He’ll cost prospects AND money. Lester will only cost money (though more of it).

chuckb
11 years ago

I’m wondering about Lester’s ability to suppress fly ball damage. Is that a repeatable skill that he can take with him or something that will likely regress going forward? It matters a lot because, if teams are counting on him being able to repeat that over the next 6 or 7 years and it’s more about being lucky, only the Giants probably stand to benefit from signing Lester. If he can repeat it, then the Sox probably will benefit the most from signing him.

Aaron
11 years ago

I would be interested to know what the list would look like if you include 1 season “lost” due to injury, or at least a good portion of one. Look at guys like Harvey and Fernandez, they just lost a season and they’re not in their 30’s. I know they don’t make as much at that point, but it’s still lost seasons

channelclemente
11 years ago

Excellent article.

LONNIE
11 years ago

At the prices for Lester and Scherzer I can’t believe more teams aren’t after Hamels. I know making a deal with Amaro Jr. is about as hard as making one with North Korea but still…his contract at 4/90 or 5/110 is a great deal compared to what Lester will be getting. And Hamels is a much better pitcher than Lester.

Antonio Bananas
11 years ago
Reply to  LONNIE

The teams with the prospects RAJ thinks Cole deserves aren’t trading prospects and the teams that would love Hamels don’t have the prospects.

You also have to narrow it to teams that can afford these guys, which is few. So you’re looking at what? 4 or 5 teams? St. Louis maybe?

Neil
11 years ago

It is surprising to me that every analysis predicting Jon Lester’s future performance omits one important detail about his health – he is a survivor of non-Hodgkin’s lymphoma. Thirty years ago, that disease was incurable. It killed my brother. While modern medical treatments have fortunately given life back to people such as Lester (and Mario), those treatments do involve chemotherapy which can be debilitating in the destruction of noncancerous cells and tissue. While Lester deserves every ounce of respect for being able to beat his disease and come back at such a high level, it strikes me any prediction of his future health should at least consider the long term adverse effects that the chemo may have.

Derek R-C
11 years ago
Reply to  Neil

That is an interesting point, that I never really thought about. The biggest reason people don’t say much is because there is no precedent. There is nothing to compare him to.

wgmcd
11 years ago

Where is the park specific batted ball data from? I’m curious to see how the rest of the AL East parks shake out for fly balls, especially given the Red Sox massive shift towards adding ground ball pitchers (all 5 arms now above average GB pitchers, with the additions of Miley, Porcello, and Masterson).