Trends in Free Agent Spending on Pitchers

Jonathan Papelbon’s contract worked out poorly for the Phillies. (Photo: Matthew Straubmuller)

In my previous articles in this series, I have looked at trends in free-agent spending over time, and specifically I have reviewed more recent data to see if market inefficiencies that I discovered in earlier work have disappeared over time. In this piece, I will review the findings on pitchers in my 2013 Hardball Times Annual article. In that piece, I discovered that teams tended to overvalue old-school statistics that did not translate to actual value. This included wins for starting pitchers and saves for relief pitchers. I also noticed that free-agent pitchers with strong peripheral statistics (e.g. those with good FIPs, usually) were often undercompensated, suggesting teams did not all realize the importance of peripheral statistics in projecting future performance. Much of this seems to have been corrected by the market over the years, although a handful of players have created some noise.
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Trade Deadline 2017 Omnibus Post

Lots of trades happen in the run up to the non-waiver trade deadline. It can be hard to keep track of everything that’s gone down, so we’re here to help. Below you’ll find a rundown of all the #content that we’ve published in accordance with trades that have actually happened. They’re in chronological order as best as I can tell, and cover trades that were made earlier in the month too, because those are still important. We’ll start with the two prospect rankings from Chris and Eric, which were just published earlier today.

Prospect Rankings

Now on to the individual trades. Note that the date listed is the date the trade was consummated, not necessarily the date each article listed was published.

(From L to R) Jonathan Lucroy, J.D. Martinez, Todd Frazier, Justin Wilson and Yu Darvish were among the marquee names traded in July. (Photos: Keith Allison, Tom Hagerty & Michelle Jay)

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Projecting All of the Prospects Traded at the Deadline

In the table below, you’ll find a treasure trove of information pertaining to the prospects who changed hands this trade deadline. There were 67 of them in all. Since there was a flurry of early trade activity this year, I’m using a liberal definition of “trade deadline” that considers all trades since the July 13th Jose Quintana deal. For reference, I performed a similar exercise last year. Read the rest of this entry »


FanGraphs has Acquired Eric Longenhagen Prospects Chat for Cash

12:32
Eric A Longenhagen: Hello from Phoenix.

12:32
Eric A Longenhagen: I ranked all the traded prospects and, more importantly, there are link to all their scouting reports in this post: http://www.fangraphs.com/blogs/ranking-the-prospects-traded-during-dea…

12:32
Eric A Longenhagen: And if they don’t have a post of their own the report is just in that doc.

12:33
Calhoun: Am I the future DH for the Rangers, or can I actually play D in the outfield?

12:33
Eric A Longenhagen: DH for me

12:33
Pearced: Thoughts on Pannone? Solid back end starter?

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Ranking the Prospects Traded During Deadline Season

Among the prospects traded in July, Eloy Jimenez stands out. (Photo: Arturo Pardavila III)

Below is a ranking of the prospects traded this month, tiered by our Future Value scale. A reminder that there’s lots of room for argument as to how these players line up, especially within the same FV tier. If you need further explanation about FV, bang it here and here. Full writeups of the prospects are linked next to their names. If the player didn’t receive an entire post, I’ve got a brief scouting report included below. Enjoy.
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Belated Trade Analysis: White Sox Acquire Blake Rutherford & Co.

Several trades occurred while I was on vacation. I’m profiling the prospects involved in those deals in a belated nature. This post analyzes the prospects involved swap between the White Sox and Yankees, centered around the Yankees new bullpen weapons and prospect Blake Rutherford. A reminder of those involved.

Yankees get

White Sox get

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Projecting Willie Calhoun, Brendon Davis and A.J. Alexy

The Dodgers traded for Yu Darvish. Below are the projections for the prospects the Rangers received in exchange for Darvish’s services. WAR figures account for the player’s first six major-league seasons. KATOH denotes the stats-only version of the projection system, while KATOH+ denotes the methodology that includes a player’s prospect rankings.

Willie Calhoun, 2B/LF/DH (Profile)

KATOH: 9.4 WAR (15th)

KATOH+: 8.9 WAR (24th)

Calhoun has hit a rock-solid .298/.357/.574 at Triple-A this season as a 22-year-old second baseman. His power numbers have been undoubtedly helped by the PCL and he doesn’t exactly look like a premium athlete. But still: Calhoun’s blend of contact and power makes him extremely exciting. His defense, however, is suspect. Clay Davenport’s metrics say his defense at second has improved this year, but going from unbelievably bad to merely really bad doesn’t do much to help Calhoun’s case. Calhoun is a prospect without a position for now, so a move to the American League makes a ton of sense. KATOH had Calhoun as the Dodgers’ second-best prospect, behind Alex Verdugo. Read the rest of this entry »


The Curious Cases of the Relievers Who were not Traded

Again, Zach Britton found himself waiting for a phone call that never came.

Fellow left-handed reliever and fellow significant trade chip of a motivated seller, Brad Hand, is also staying put.

While the headlines Monday were tied to the top front-line starters traded, the Yankees adding Sonny Gray and the Dodgers beating the 4 p.m. eastern buzzer to land Yu Darvish, this was a reliever-heavy deadline period. This should be remembered as the trade deadline of The Reliever when more and more teams are focused on improving bullpens and attempting to build super relief corps. Read the rest of this entry »


The Dodgers Did Not Steal Yu Darvish

You’ve seen the news. You’ve almost certainly even seen the return, and unless you’re a devoted follower of the Dodgers’ farm system, you may not have recognized any of the names. Brendon Davis and A.J. Alexy were low-level guys who weren’t on many radars, and even the known guy in the deal was a back-end Top 100 prospect, an unorthodox-shaped hitter without a position who has never been talked up as any kind of future star.

So it’s easy to look at this deal and call it a big win for the Dodgers. They just added one of the best pitchers in baseball to an already-dominant pitching staff. Breaking the all-time record for wins in a season now isn’t that far-fetched. They are going to enter the postseason as the clear team to beat, and all it cost them was a guy who didn’t really fit on their roster in an obvious way and two lottery tickets in A-ball.

None of that is wrong. The Dodgers did well here, picking up a difference maker without surrendering any of the guys they see as potential core pieces for them down the road. But baseball trades aren’t always zero-sum affairs, and just because this was a nice move for LA doesn’t mean the Rangers got taken advantage of here.

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Scouting Willie Calhoun and the Yu Darvish Return

Yu Darvish was traded to Los Angeles ahead of the deadline. In return, Texas got three good pieces, including one very entertaining one who will be ready to contribute to the big club soon.

Dodgers get
RHP Yu Darvish

Rangers get
DH Willie Calhoun
RHP A.J. Alexy
INF Brendon Davis

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