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Jeff Sullivan wrote last week that the DH just had its worst season. That was the main point of his piece. Along the way, though, Jeff also did some myth-busting with regard to how the DH spot is being utilized these days. There’s an emergent belief that the DH has become a revolving door on many clubs, used more often to keep players fresh and create roster flexibility, and less often to simply give a lone, defensively challenged hitter a full complement of at-bats.

What Jeff found contradicts this belief, however. Last season, the top-15 designated hitters in the AL accounted for 64% of plate appearance. Since 1973, though, the average for primary DHs is just 56%.

From Sullivan’s piece:

So designated hitters are hitting worse than ever not because of a transformation of the role itself but just because they’re hitting worse than ever.

While the collective production of DHs might improve in 2018, it’s still a bleak landscape, with only seven AL teams projected to produce a win or better from the position. The Mariners (3.0 WAR), Yankees (2.6), Indians (2.4), Athletics (1.8), and Rangers (1.2) account for the top-five DH teams. Their respective depth charts at the position are led by Nelson Cruz, Brett Gardner, Khris Davis, Edwin Encarnacion, and Shin-Soo Choo. The average age of those players is 34.2 years. While the DH position often allows for aging bats with diminishing defense to find their way into the lineup, there is hardly a youth movement occurring at the position. It’s possible the position is even weaker than in 2017.

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Among the players who’ll appear on next year’s Hall of Fame ballot, Mariano Rivera is likely to stand out as a no-doubter in his first try. He’s the all-time saves leader. He was dominant in the regular season and even more dominant in the playoffs. He’s regarded as the greatest reliever ever, and he did it all with just a single pitch.

Roy Halladay might not possess the same quantity of superlatives as Rivera, but he is worthy of enshrinement and there is little reason to delay his entry to the Hall past next year. Halladay’s untimely passing will likely bring a more somber tone to his candidacy. At this site, both Jeff Sullivan and Dave Cameron wrote touching tributes to Halladay’s career after his death. That said, Halladay needn’t benefit from sympathy or nostalgia to earn a place in the Hall. His case on the merits is very strong.

Based on the traditional measures alone, the argument for Halladay is decent, if not rock solid. Some notable facts:

• He has 200 pitcher wins and two Cy Young Awards. Every other pitcher to do so is in the Hall of Fame except for Roger Clemens.
• Of the 76 pitchers with at least a single Cy Young Award, only 15 recorded at least 200 wins and an ERA of 3.38 (Halladay’s career ERA) or better. Among that group, only Roger Clemens and Vida Blue (who pitched in a lower run-scoring environment) are absent from the Hall of Fame.
• In addition to Halladay’s two Cy Youngs, he finished second in the voting twice, third once, and fifth place on two more occasions. According to Cy Young Shares at Baseball Reference, Halladay’s total of 3.5 is behind only Roger Clemens, Randy Johnson, Greg Maddux, Clayton Kershaw, Steve Carlton, Pedro Martinez, Jim Palmer, and Tom Seaver.

So this is already a good start, but Halladay’s case goes well beyond these basic facts, too.

Halladay’s career was defined by greatness in an era dominated by hitters. Consider: since 1901, only 203 pitchers have reached 2,500 innings. Of those 203 pitchers, Halladay’s 3.38 career ERA ranks just 91st. But offense was hovering around record levels during much of his time as an active player. Relative to the era in which he pitched, Halladay’s actually prevented runs at a rate 24% better than average, and that mark actually ranks 15th since 1901. All 14 pitchers ahead of him by that measure are in the Hall of Fame except for Roger Clemens.

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Ben Lindbergh and Jeff Sullivan banter about Esteban Loaiza’s drug bust and the Cubs’ Yu Darvish signing, then preview the 2018 Indians (15:31) with writer/editor Pete Beatty, and the 2018 Royals (44:16) with Kansas City Star Royals beat writer Rustin Dodd.

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The big news broke over the weekend, when the Cubs finally pulled Yu Darvish off the free-agent market. Not only is that good short-term news for the Cubs; it’s also bad short-term news for the Brewers and the Cardinals. It was, of course, expected for a while that the Cubs would eventually do something significant, but Darvish is about as significant as it was going to get. The division rivals already had needs, but the signing might’ve provoked a little greater urgency.

You can imagine the jokes when Monday morning brought news the Cardinals were signing Bud Norris. You might not actually need to imagine them — you might have authored some of them! It comes off as an uninspired response. Now, teams don’t actually need to make responses to other transactions. That’s just offseason narrative. And the Cardinals have already made an impact move in trading for Marcell Ozuna. It’s not like the Cardinals have been completely silent. But they haven’t made that Josh Donaldson-level move. They haven’t made that Manny Machado-level move. There’s impatience among the fan base, and the Darvish/Norris juxtaposition isn’t making anything feel any better.

I understand, in that Yu Darvish is analytically sexy. I understand, in that Bud Norris isn’t. Norris has never been a household name, nor has he been a particularly remarkable major-league pitcher. Let me put things differently, though. How would it feel if the Cardinals were instead signing Greg Holland? I have some tables to show you.

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So far this offseason, the Chicago Cubs have signed seven free-agent pitchers. That’s a lot. (According to ESPN Stats & Information, it’s actually the second-most ever behind the 2001 Rangers.) You may have heard of one of them: Yu Darvish.

Travis Sawchik has already written about who Darvish is as a pitcher, and how he and the Cubs needed each other, and I agree with most of that. I want to write about something else — namely, the signing’s impact on Chicago’s bullpen, and how it’s really rather bad news for one rather excellent pitcher: Michael Paul Montgomery.

The big reason for that, of course, is that Montgomery was, prior to Saturday’s news, projected as Chicago’s fifth starter. Following Sunday’s news, meanwhile, Montgomery is now projected as Guy Who Joe Maddon Uses for More Relief Innings Than You’d Exepect.

This second role was actually the one Montgomery played for much of 2017, throwing out of the bullpen in 30 out of 44 appearances, and averaging a bit over two innings in those games. Seven times, he pitched three or more innings in relief. Once, he threw 4.1 innings. No pitcher in the game who recorded as many relief innings also threw more innings per relief appearance in 2017.

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Rian Watt will now be contributing regularly to FanGraphs. This represents his opening salvo for the site.

I read last week that 100% of the S&P 500’s gains over the last quarter-century have come between 4:00 pm and 9:30 am, Eastern Standard Time. These are the hours during which the market is closed. For the last 25 years, in other words, you would likely have been better off buying at close and selling at open every day than bothering one bit about trading stocks outside those times.

This fact astonished me.

It also caused me to wonder who the heck would learn such a thing and draw from it the conclusion, as the New York Times did, that a sensible thing to do in response would be to sell at open and buy at close every day, and trade no further. This is partially because I have a natural skepticism of any market advice that involves participating in the market in the first place.

But it is also because it seems to me that, if you’re going to play the stock market, you might as well play during the day time, when everyone else is playing, too. The other way might make you money more surely and in larger quantities, but it’s also tremendously boring and does little to liven up the interval between when you’re born and when you die. So why bother at all?

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While the free-agent market remains largely in a state of gridlock, a few teams have begun to zag when others are zigging. The Cubs, of course, have invested somewhat heavily in pitching, signing Tyler Chatwood, Yu Darvish, and multiple relievers. The Brewers and Mets, meanwhile, have made some of the most significant signings of the New Year, agreeing to terms with Lorenzo Cain (Brewers), Jay Bruce (Mets), and Todd Frazier (Mets) between them.

While the Cubs have remained near the top of the projected standings all offseason, the Brewers and Mets entered the winter generally perceived as teams residing in something of a middle ground between the league’s Super Teams and rebuilding clubs. By investing in free agents, Milwaukee and New York are betting on themselves. It’s a refreshing approach in what has been objectively the slowest offseason ever.

Perhaps more of the bubble teams will be betting on themselves as spring training nears and anxiety amongst unsigned players reaches even higher levels. There is likely to be a lot of value out there. There is certainly a lot of inventory. The shopping season is winding down. This is an after-Christmas sale of sorts.

We’ve discussed the New Year’s Effect before at this website, and we perhaps have seen that in play with a player like Frazier, whom the FanGraphs crowd and Dave Cameron each projected for a three-year, $42-million deal. Frazier settled for a two years and just $17 million last Monday.

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