Should MLB Worry About Its New Deal with ESPN?

In 2014, Major League Baseball roughly doubled its national television money in deals with ESPN, FOX, and TBS that expire at the end of this season. Over the last few years, new agreements with FOX and TBS created a nearly 50% increase in annual rights fees, totaling nearly $9 billion dollars from 2022 through ’28. Understandably, the general expectation was that MLB’s new contract with ESPN would follow suit with a similar jump, securing roughly $2 billion per year in national television money alone. But the league’s dreams have been dashed: As Andrew Marchand and Joel Sherman of the New York Post reported last month, ESPN’s rights deal will be smaller than its previous agreement, with Ken Rosenthal of The Athletic adding last week that the total package will be $3.85 billion for the next seven years  — a substantial drop from the $5.6 billion over eight years that the Worldwide Leader forked over last time.

A decrease in rights fees to the tune of $150 million per year is going to raise alarm bells about the state of MLB, ESPN, and cable television on the whole. But while the decrease is cause for concern — and there are certainly some broader issues at work outside the sport — MLB still finds itself in relatively good position. To start, ESPN, FOX, and TBS will combine to pay MLB an average of $1.81 billion over seven years starting in 2022, an increase of 17% over the previous deal (and a growth in total value despite those earlier agreements being a year longer and a year from being over).

Even better for MLB, it still has rights to sell, with or without expanded playoffs. As reported by both the Post and The Athletic, the ESPN deal cuts in half the number of regular-season games broadcast by the network, essentially keeping Sunday Night Baseball and a few other marquee games as well as the Home Run Derby but ditching the majority of the weeknight games. If we assume ESPN keeps 40% of the TV rights from the previous deal and that there’s 40% more value in airing Sunday Night Baseball plus a little extra compared to the 50 or so Monday and Wednesday night games that are being let go, then the network will see a similar increase in cost as FOX and TBS.

The problem for MLB is that while those Monday and Wednesday night games do have some value, it likely won’t be as much as the $300 million or so ESPN was paying annually for them. As the Sports Business Journal has reported, FOX wasn’t interested in MLB’s asking price, and TBS (which will air a Tuesday night game starting in 2022) doesn’t want more mid-week games. To sell these games, MLB will need to lower its asking price with FOX, seek another traditional outlet like NBC or CBS (both of which have cable sports networks), or explore a streaming route like Netflix, Amazon, YouTube TV, or Hulu. Whether the league will have to settle for a fraction of ESPN’s prior price or get something close to it (or even increase it) remains to be determined.

Without accounting for those rights or potential increases due to expanded playoffs, here’s what the national television money for MLB looks like for the past 20 years as well as through the end of the 2028 season. Note that DAZN’s three-year, $300 million contract was included for 2019 only with the assumption that no payments were made last year or in 2021, which might or might not happen. All long-term deals assume a 4% annual increase over the life of the contracts.

While it is isn’t likely to happen, if no deal for more weeknight games materializes, MLB could see a drop of over $100 million from 2021 to ’22. The good news for the league is that after that, it will move closer to the same financial trajectory it has been on for the past few decades: Once the smaller package of games is sold, the last section of the graph will move up and present a more continuous increase. It will likely move even higher if MLB gets its way with expanded playoffs.

ESPN, meanwhile, isn’t likely to see much in the way of revenue reduction as a result of this change: The network has a huge roster of live sports and is maintaining its already significant investment in baseball. ESPN could possibly devote more resources to MLS, whose rights deal expires in 2022, at a considerably lesser cost than MLB and still keep similar hours of live sports on air in the summer. The ESPN/MLB relationship is still a strong one, and the league still owns a 15% share of Disney-owned BAMTech, with ESPN’s corporate overlord purchasing 75% of the tech company for more than $2.5 billion in 2016 and ’17.

In his piece, Rosenthal also notes that the Marlins and Brewers still do not have rights fees locally for 2021. That pair of teams is already at the very bottom when it comes to local television revenue, and it will be interesting to see if they re-up with Sinclair Broadcast Group, which controls both RSNs. They might not have many other options anyway. MLB could step in, given that it has the capabilities and experience to run an RSN and was interested in buying them when they were up for sale a few years ago. Liberty Media could be interested in starting up some RSNs before potentially launching their own network with Atlanta. The most likely scenario, though, is a continuation with Sinclair and an increase in rights fees that doesn’t significantly change the fortunes of the two franchises. Nor will it alter baseball’s RSN landscape as a whole: A vast majority of franchises already have long-term deals and stakes in the networks that broadcast them. Cord-cutting, increases in streaming, and hardball tactics from Sinclair that increase blackouts on those services threaten the future of the game in the long-term, but in the immediate future, Sinclair is projecting nearly a billion dollars in revenues above expenses on their RSNs despite the pandemic.

The ESPN contract doesn’t look great on its face, but it isn’t as bad as it appears. MLB will still see an increase of its rights fees in these next sets of deals, and the league has some inventory it can sell in its mid-week games. Nationally, MLB is now also insulated from a collapse in rights fees for nearly a decade. And while there are some areas of concern locally, most of the league looks to be in very good shape for the next decade. The sport still faces questions about long-term growth, particularly when it comes to attracting new fans in a more segmented video marketplace, but this lessened ESPN deal shouldn’t be of great concern for the sport.


Ben Clemens FanGraphs Chat – 1/11/21

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How Lindor and Carrasco Upend the NL East

We’ve written many words talking about the blockbuster deal that sent Francisco Lindor and Carlos Carrasco to the Mets, and rightly so: It’s rare for two players of such impact to be acquired by a single team in the same trade. We know that the Mets are now a better team than they would have been if not for the trade, at least if you hold onto the apparently quaint notion that bringing in superior players makes your team win games and, as a result, is desirable. But just how much better? Read the rest of this entry »


Kyle Schwarber Is the Newest National

In 2020, the Nationals had an outfield problem. You might not have noticed it, because of human cheat code Juan Soto, but think of it this way: Soto accounted for 2.4 WAR. The outfield as a whole, Soto included, managed 2.0 WAR. The other six players accounted for a whopping negative 0.4 WAR, and you don’t need a fancy analyst to tell you that’s bad.

On Saturday, the team made a step toward remedying that weakness for 2021. They signed Kyle Schwarber to a one-year deal worth $10 million, immediately upgrading their second corner outfield spot from Andrew Stevenson (projected near replacement level in 2021) to Schwarber’s league-average stylings. Jesse Dougherty first reported the deal.

What you think of Schwarber depends on when you picture him. If your mental image was formed in 2015, he’s an up-and-coming slugger with defensive issues. If it was formed in 2016, he’s a World Series hero. If it’s been formed since then, he’s an inconsistent but exciting hitter with a problem on defense, a cypher who might have his best days ahead of him but who might also never re-scale the heights of his 2015 debut.

When Schwarber is at his best, he embodies baseball’s move toward whiffs, walks, and home runs. In fact, that’s true even at his worst: in each of his seasons, he’s had a higher walk rate, strikeout rate, and isolated power than average. Whether each of those seasons turned out well or poorly depends on the balance between those three factors.

In 2020, nothing worked quite right. His strikeout rate, a gruesome 29.5%, might sound like a problem, and it’s certainly not great! It was also only 1.5 percentage points higher than his career average, and it wasn’t the worst single-season mark of his career. His 13.4% walk rate wasn’t the culprit, either: that mark is almost exactly the same as his career rate. No, the problem was in the power.

How do you think of power? Home runs are one obvious metric, and Schwarber set new lows in that category in 2020, though only marginally. He cranked 11 homers in 224 plate appearances, a 4.9% home run rate. That’s the worst mark of his career, but it’s only narrowly behind the 5.1% rate he posted in a disappointing 2017. In fact, if you care instead about home runs per fly ball, Schwarber’s 25.6% mark was instead his best.

Doubles are another important component of power. Schwarber managed only six in 2020, the second-worst rate of doubles per plate appearance of his career. In all, he produced extra base hits in 7.6% of his plate appearances, the worst rate of his career, and nowhere near his nearly 10% rate entering 2020.

Another way to measure power is to ignore the outcomes completely and focus on process. Schwarber’s barrel rate dipped from 13.8% (career before 2020) to 11.2%, and his groundball rate spiked above 50%. More grounders and fewer smashed balls in the air go hand in hand, and they conspired to limit the number of chances Schwarber had to get the extra bases he thrives on.

If you’d prefer to separate barrels into two categories, as Alex Chamberlain outlined here, something interesting emerges. Chamberlain created a new subdivision of barrels that he calls “blasts.” Essentially, they’re the hardest-hit half of the population of barrels, the most valuable half of the most valuable subset of batted balls. In this category, Schwarber’s 2020 looks different (my numbers differ slightly from Chamberlain’s because I removed untracked balls from the denominator):

Kyle Schwarber, Contact Results
Year Blast Rate Barrel Rate
2015 7.9% 12.2%
2017 9.0% 15.1%
2018 7.7% 12.7%
2019 10.2% 14.5%
2020 9.0% 11.2%

In fact, that’s a more honest way of describing his most recent campaign. The balls he hit hardest, the ones that carry the most predictive power from year to year, looked basically like every other Schwarber season. An 11.2% barrel rate is solid — it places Schwarber in the top 25% of the league in terms of power on contact. He fares better in terms of blasts, where he’s in the 92nd percentile. In other words, Schwarber is still a premium power hitter, even if his doubles and homers wouldn’t tell you that in 2020.

Should we worry about the walks and strikeouts? Maybe a little bit, at least if Schwarber repeats his 2020 walk and strikeout rates. Expressed as one number, he would need to be 4% above average when he puts the ball in play to end up average overall. That’s not a problem — again, he’s a great hitter when he makes contact — but it helps set a rough idea for what Schwarber will be. His plate discipline will hurt him slightly, his power will make up for it, and it will probably work out to an above average but not standout offensive line.

Of course, baseball is more than just offense. Schwarber has to play the field — at least unless and until the NL switches to a DH for 2021 — and the picture there is decidedly less rosy than it is at the plate. Schwarber is a large gentleman — he’s listed at 6-foot and 235 pounds — and saying that he’s been bad on defense in his time in the majors undersells things. Schwarber is bad on defense in the way that Cleveland likes saving a little money or AJ Preller enjoys the occasional trade.

Per Statcast, Schwarber has been 29 runs below average as an outfielder in his career. That’s the fifth-worst mark in the majors over that period, ahead of only noted butchers Nick Castellanos, Matt Kemp, Melky Cabrera, and Shin-Soo Choo. He put together one solid defensive season, in 2018, and that season shows the best case scenario for Schwarber: he tallied a whopping 11 outfield assists that year, only one off the league lead, which was worth between 7 and 8 runs per both UZR and DRS.

Schwarber’s arm is no joke. When he first reached the majors, the Cubs still considered him a part-time catcher in large part because of that cannon arm. If the Nationals can somehow entice runners to take off against Schwarber, they might be able to wrangle another positive defensive season out of him despite his lack of range.

More realistically, Washington is hoping for a DH slot where they can hide Schwarber. With Howie Kendrick’s retirement, the Nationals don’t have an obvious candidate to fill that role, which means they can slide Schwarber there without losing anything on offense. That would leave them with Stevenson and Soto flanking defensive standout Victor Robles, which sounds to me like a solid defensive outfield. With Schwarber’s offensive value firmly in the green, that sounds like the best possible case here.

How does this deal work out poorly for Washington? The worst-case scenario is this: the NL plays 2021 without a DH, Schwarber’s plate discipline takes a step back, and he ends up as an average bat with painful outfield defense, more of the replacement level soup that they ran out around Soto in 2020. Even that, though, is hardly a disaster: at only one year, there’s no chance of this deal sticking around to haunt them.

For Schwarber, this contract fits his needs as well as can be expected. First, there’s the money: Schwarber will earn more on this deal than he projected to earn in arbitration with the Cubs. That’s a clear upside. Second, he’s still eligible for free agency after 2021 — his contract has a mutual option for 2022, but that’s merely a fancy way of telling a player you like them; the player can, after all, always decline his end of the deal.

More importantly, Schwarber will get everyday playing time in Washington. After the first five years of his career, I’m not sure that any team is clamoring to give Schwarber a long-term deal. That remains the brass ring for players: after six seasons at collectively-bargained low wages, free agency theoretically unleashes the forces of capitalism in their favor. For Schwarber, however, those forces aren’t yet guaranteed to work; bat-first corner types have found soft markets as teams realize they can replace those players with pre-arbitration talent without losing much on-field production.

For Schwarber to strike it rich, he needs to rise above the fray of slightly-above-average bats to become a premium one. For teams to believe that, he needs to do so in as big of a sample as possible. In that sense, the best thing Schwarber could do for himself is find somewhere with thin outfield and DH depth, and Washington fits the bill exactly. As a bonus, they’ll be playoff contenders, which is always a plus.

After their disappointing 2020, the Nationals could use some offensive help. After his arrested development, Schwarber could use some exposure. With this deal, both sides are getting what they want, at a rate that should make everyone happy. That’s a solid outcome for everyone — other than the rest of the NL East, perhaps.


Top 47 Prospects: Boston Red Sox

Below is an analysis of the prospects in the farm system of the Boston Red Sox. Scouting reports were compiled with information provided by industry sources as well as my own observations. As there was no minor league season in 2020, there are some instances where no new information was gleaned about a player. Players whose write-ups have not been altered begin by telling you so. For the others, the blurb ends with an indication of where the player played in 2020, which in turn likely informed the changes to their report. As always, I’ve leaned more heavily on sources from outside the org than within for reasons of objectivity. Because outside scouts were not allowed at the alternate sites, I’ve primarily focused on data from there. Lastly, in effort to more clearly indicate relievers’ anticipated roles, you’ll see two reliever designations, both in lists and on The Board: MIRP, or multi-inning relief pitcher, and SIRP, or single-inning relief pitcher.

For more information on the 20-80 scouting scale by which all of our prospect content is governed, you can click here. For further explanation of Future Value’s merits and drawbacks, read Future Value.

All of the numbered prospects here also appear on The Board, a resource the site offers featuring sortable scouting information for every organization. It can be found here.

Editor’s Note: Miguel Bleis was added to this list after he agreed to a deal with the Red Sox on January 15.

Frank German was added to this list after he was traded to the Red Sox from the Yankees as part of the Adam Ottavino trade.

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Sunday Notes: Lucas Sims Has a Gripping Slider Story

Lucas Sims was one of Cincinnati’s best pitchers in 2020, and his slider was a big reason why. The Reds right-hander threw the firmer of his two breaking balls 34.1% of the time while registering a 2.45 ERA, and 11.9 strikeouts per nine innings, over 20 relief appearances. Per StatCast, opposing batters slugged a paltry .133 against the pitch. The story behind it reflects the vagaries of the art of pitching itself.

“I learned my slider from from Sonny [Gray], but it’s Sonny’s curveball grip,” explained Sims. “I was toying around with it one day — this was in 2019 — and when I threw it, it swept a lot. His is a downer curveball. I thought, ‘Well, that’s a little bit different.'”

So was the manner in which he unveiled the pitch. Sims spent a few days experimenting with Gray’s grip, but only on flat ground. It wasn’t until he toed the rubber in a game that he delivered one off a mound. The Reds were playing Pittsburgh, and Starling Marté at the plate with a two-strike count.

“I was like, ‘You know what? I might as well try it,’” recalled Sims, whom the Reds had acquired from Atlanta the previous year as part of the Adam Duvall deal. “I didn’t want to hang it — I wanted to make sure it didn’t get deposited — and ended up spiking it in the [left-handed] batter’s box. But then I threw another one and got a swing-and-a-miss. I decided, ‘All right, this is going to be a new pitch for me.”

Which brings us to the offering itself. Is Sims throwing a slider with Gray’s curveball grip, or does Gray throw a curveball with a slider grip? Read the rest of this entry »


Effectively Wild Episode 1640: Ethically Speaking

EWFI
Ben Lindbergh and Meg Rowley break down the six-player blockbuster trade headlined by Francisco Lindor and Carlos Carrasco, touching on Cleveland’s decision to cut costs by dealing two fan favorites and the face of the franchise, how much better Lindor makes the Mets, and more, then banter about NPB ace Tomoyuki Sugano re-signing with the Yomiuri Giants and the latest revelations about the use of foreign substances by MLB pitchers, before bringing on philosophy professors (and Effectively Wild listeners) Justin Coates and Ben Lennertz (53:49) to tackle the ethics of Hall of Fame voting and examine how philosophy can guide voters, the merits of the character clause, how to handle cheaters, the problems of past precedent and differing off-field offenses, and how they would vote.

Audio intro: Margo Price, "Do Right By Me"
Audio interstitial: Paul McCartney and Wings, "Get on the Right Thing"
Audio outro: The Magnetic Fields, "’86 How I Failed Ethics"

Link to Ben on the Lindor deal
Link to Rob Mains on Lindor and Cleveland
Link to story on Steve Cohen
Link to Kyodo News story on Sugano
Link to Jim Allen on Sugano
Link to Harkins foreign substance story
Link to Ben on foreign substances
Link to EW interview about foreign substances
Link to Ken Rosenthal’s Hall of Fame ballot
Link to story about Schilling’s latest comments
Link to EW interview with Jay Jaffe
Link to Craig Calcaterra on the Hall of Fame

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Crowdsourcing MLB Radio Broadcasters, Part 3: The West

Over the course of this offseason, FanGraphs is compiling a crowdsourced ranking of our readers’ favorite broadcasts. Last month, we announced the results of the crowdsourced vote on TV broadcasts. Now we are once again asking for your help, this time for each team’s radio broadcast.

The radio broadcasts will follow the same general format as our earlier TV broadcast surveys. When you peruse the section for your team or teams of choice, you will find a link to a poll. That poll covers three categories, as well as an overall ranking. In addition, there is a separate space for any additional comments you would like to make. The eventual ranking of radio teams will
be quantitative, but I will include relevant comments from this section in my writing of those rankings.

The “Analysis” score covers the frequency and quality of a broadcast team’s discussion of baseball. Of note, this doesn’t mean sabermetric or statistical analysis, though some broadcast teams certainly excel in that area. Rather, it covers all the ways in which a broadcast team attempts to inform listeners about the players on the field and the game situation they find themselves in.

Is a color commentator particularly adept at breaking down a hitter’s adjustments? That’s excellent analysis. Does a broadcaster mention a player’s DRS, then use that number without context to explain why someone is a good or bad defender? That’s bad analysis, despite its use of advanced metrics. This category’s score should represent how much you feel you learn about baseball while you listen to the game. Read the rest of this entry »


Anthony Rizzo Should Be Worth Holding Onto

Every player on the Cubs’ roster should be considered a trade candidate. That much should be clear after their decision to ship Yu Darvish out of town with three years remaining on his contract. He’s far from the only high-profile veteran who could be on the chopping block: Kris Bryant, Javier Báez and Anthony Rizzo are each entering their final years of team control, and Willson Contreras will be a free agent in two years.

We don’t know what will happen with any of those players in the immediate future, but it feels right to say most of them won’t be Cubs by 2022. Chicago seems willing to capitalize on Contreras’ multiple remaining years of control by dangling him in trade talks. Bryant and Báez could be moved in the coming months as well, but both are coming off dreadful seasons at the plate. Even if they aren’t traded, it’s difficult to envision them signing long-term contracts with the team: They’ll still be in their 20s when they finish this season, they play premium defensive positions, and the allure of their MVP-level past selves is likely to put their price higher than Chicago is willing to stomach.

In the case of Rizzo, though, I’m not sure I’d say the same. He will be 32 at season’s end, which means his next contract won’t be nearly as long as those of his teammates. He also plays the lowest non-DH position on the defensive spectrum (albeit very well, winning four Gold Gloves in the last five seasons) and probably doesn’t have the same ceiling that Bryant and Baez do. His price should be more manageable, giving the Cubs an opportunity to offer him an extension that would keep him in Chicago for the duration of his career.

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Mets Acquire Lindor, Carrasco in Blockbuster Trade

For years, rumors have circulated that Francisco Lindor was available in trade. Cleveland, ever penny-pinching, always looked unlikely to sign him to an extension. He’s due to reach free agency after this season, which put a clock on the situation. Today, that clock struck midnight. As first reported by Jeff Passan, the Mets have acquired Lindor and Carlos Carrasco in exchange for Amed Rosario, Andrés Giménez, Josh Wolf, and Isaiah Greene.

It’s easy to like New York’s side of the deal. Lindor is one of the 10 or so best position players in baseball, and at 27, he’s just entering his prime. In addition, he’s one of the best defensive shortstops in the game, a huge upgrade for a team that induces a ton of grounders.

He’s a free agent after this year, of course, which limited Cleveland’s return for him, but the Mets have talked all offseason about signing marquee free agents, and Lindor blows this year’s crop out of the water. None of the available free agents this winter project for more than J.T. Realmuto’s 4.1 WAR, and none of the top 10 are younger than 30. Lindor is better, younger, and arguably more marketable than anyone on that list, and it’s not particularly close.

Most of the best hitters in baseball get there by, well, hitting. Lindor does that too — Steamer and ZiPS think he’ll be the third-best batter at the shortstop position in 2021 — but he gets an outsize proportion of his value from defense. From 2018 to 2020, he’s been the second-best shortstop defender in baseball per UZR, behind only Andrelton Simmons. DRS has him fourth, behind Simmons, Paul DeJong, and Nick Ahmed. Per Outs Above Average, he’s second only to Ahmed. No matter how you slice it, his defense is stellar.

If you plug Ahmed or Simmons (and probably DeJong, too) into your lineup, you’re sacrificing offense for defense. Not so with Lindor. His worst season at the plate was 2020, but even then, he managed a .258/.335/.415 line, good for a 100 wRC+. For his career, he’s a .285/.346/.488 hitter, a line buoyed by his phenomenal contact skills. Despite an aggressive approach at the plate, he strikes out only 14.1% of the time while walking at an average rate, which gives him a high floor.

Though he brings plenty of other positive qualities to the table, that contact skill is his only true standout offensive ability. He displayed shocking power in 2018, barreling up 9.3% of his batted balls on the way to 38 home runs, but for the most part, he gets to his stats by being roughly average when he makes contact while making far more contact than the average hitter. In his career, he’s accumulated a .383 xwOBA on contact and a .380 actual wOBA on contact, a hair higher than the .376 and .370 marks the league as a whole has accrued over the same time period. Even average power plays up when you get so many opportunities, though, which is how he put together three straight 30-homer seasons from 2017 to 2019. Read the rest of this entry »