Over at Baseball Prospectus, it’s PECOTA day. Now, that means a whole lot of different things, but one of the things it means is that now BP gets to unveil its projected 2018 standings. Some years ago, I used to get extremely excited about seeing the first standings projections. Then FanGraphs decided to start hosting projections year-round. They’re always right here, and for months, that information has been based on the Steamer projection system. Pretty soon, well in advance of opening day, the ZiPS system will get folded in, to say nothing of remaining transactions. The point being, having projected standings is fun. They serve to keep the mind occupied with thoughts of baseball.
Projected standings aren’t just a toy for the public. I mean, the public ones are, but teams also have their own private projections, that might be better, or that might be basically the same. Team projections drive perceptions, and team projections drive transactions. We feel like we have a pretty good idea of which teams are situated to contend. We also feel like we have a pretty good idea of which teams are far away. Right now, in 2018, based in part on the projections and in part on what just happened a year ago, we have the sense we’re in an era of super-teams, which might be keeping the market slow. Other teams might not feel like they’re close enough to invest.
I love having access to team projections. I use them all the time for analysis and articles. But I feel like I should remind you of the limitations. This is something I could probably write every single year. I’m sure on some level you already know what I’m going to say. Projections are pretty good. They can also end up very, very far off.
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