Pondering the Compressed Standings
The teams who are engaged in the most prolific and dynamic offseasons — namely, the Chicago White Sox, Oakland A’s, San Diego Padres, and Tampa Bay Rays — still remain somewhere in the middle of FanGraphs’ projected 2015 standings. As Dave noted early last month at Just a Bit Outside, it appears that teams’ response to the new second wild-card spot is to push towards the middle and hope to catch lightning in their bottle, a la the 2014 Kansas City Royals.
The entire standings are getting compressed: as Dave notes in his article, there are only a small handful of teams who are going through a rebuilding cycle (whether aimless or not) and thus can be considered out of the running for the 2015 World Series. What I find most interesting about the current state of the league is that the standings are being compressed from the top as well. Or, as Dave wrote:
This is essentially baseball teams adopting the old adage of not putting all their eggs in one basket. And as more teams adopt this strategy, the less it makes sense for any one team to try and pull away from the pack. After all, if you have to beat 10 or 11 other decent teams for a playoff spot, your margin of error is going to be lower than if half the teams in the league are conceding defeat on opening day.
That explanation makes enough sense. But, also, this article was written back when the Padres’ most significant acquisition was Clint Barmes, and I think A.J. Preller’s subsequent transactions have helped define a new standard as to what is and isn’t possible within the span of an offseason.
Maybe you don’t like the Matt Kemp deal. I still don’t totally know what to make of it myself. That’s fine. We’ll leave it aside for now. Let’s look at it this way: Preller acquired Justin Upton, Wil Myers, and Derek Norris in exchange for their starting catcher (Rene Rivera — from whom I have developed a mighty crush), their fourth starter (Jesse Hahn — or fifth starter, depending on your view of Odrisamer Despaigne), and a big bundle of the Padres’ middle class of prospects.
The Padres received value in these three trades by offering sheer quantity as their own value for offer: Preller shipped out 12 players (and two international bonus slots) while receiving 8. (Those numbers jump to 15 players out and 10 players in if you include the Kemp deal.) And, all the while, the Padres’ projected 2015 payroll ($88.9M) is actually a touch under their 2014 Opening Day payroll ($90.6M).
Preller has retained, by Kiley’s rankings, three of the organization’s top four prospects. He traded away the middle class — not the upper class — of his inherited farm system in exchange for significant Major League experience, all the while assuming no financial burdens. Okay, so the Padres don’t look, even now, like a playoff team next year. But it’s hard to find a downside to Preller’s approach — unless the middle class of any team’s farm system at any given time is actually incredibly, incredibly valuable to an organization’s long-term health.
Judging by the behavior of other Major League teams, especially those who are already projected to do well, that middle-class of prospects is just that valuable. Preller is not the only General Manager who was just hired from outside the organization in the last few months. Meaning, he was not the only GM who has just inherited a farm system that was put together by a GM who was ultimately fired. Dave Stewart of the Arizona Diamondbacks has mostly sat on his hands, trade-wise, actually giving up established major league value in Miguel Montero. In Atlanta, John Hart started the offseason from essentially the same position as Preller, but decided to move in the opposite direction, sending away players valuable in the present-tense (Jason Heyward, Upton) for future-tense potential.
Teams with contending-ready cores have also effectively sat on their hands this offseason in the trade market. The Seattle Mariners have only used their organizational depth to acquire Justin Ruggiano (in exchange for Matt Brazis). The Washington Nationals have only received minor leaguers (Joe Ross, presumably Trea Turner) in exchange for their minor leaguers (Steven Souza, Travis Ott). The Pittsburgh Pirates have traded for Antonio Bastardo and Francisco Cervelli.
These right here are the teams that would have taken significant steps closer to the World Series had they engineered the types of trades that Preller made this offseason. But these teams have decided, in effect, that their middle class of minor leaguers is more valuable than the likes of Myers, Norris, Upton.
And, shoot, maybe these already-contending teams are right. The available population of even replacement-level major leaguers is certainly finite, and maybe Preller’s offseason will ultimately make it very difficult for the Padres to fill out their whole roster from 2017-2021.
The thought I keep coming back to, though, is how much prices on the trade market inflate at the Trade Deadline. Any combination of the Mariners, Nationals, and Pirates will be positioned as buyers late next July. If they make a move then, unlike now, they are doing so because they know for sure that they are well-positioned for a postseason run. But if they make a move now, unlike then, the price tag is significantly lower. Like: what if Preller traded for Upton this winter purely in anticipation of flipping him at the Deadline? The package that Preller would receive for a half-season of Upton would no doubt exceed in perceived value the package that he gave up for a full season of Upton. (Not to mention it would be a pretty slick new way to rebuild a team.)
Basically, what I’m saying is: I really like the mindset behind the offseason that Andrew Friedman, Farhan Zaidi, and company have put together for the Los Angeles Dodgers. Currently the Dodgers are projected by FanGraphs as the best team in baseball, a 91-win team over the Mariners’ 89. I very much admire their “double-trade” tactic to separate the wheat from the chaff of their roster. For instance: with Dee Gordon’s trade value no doubt at its highest, the Dodgers trade him, Dan Haren, and Miguel Rojas to the Miami Marlins for a package that includes Andrew Heaney. Heaney is then traded, straight-up, to the Angels for Howie Kendrick. While there are other players moving around in this trade, the effect is that Gordon is swapped for Kendrick at second base, a cunning way of improving major-league talent without significant effects to minor-league depth. The same double-trade maneuver was triggered by the Kemp deal: the Dodgers acquired Zach Eflin for Kemp, and then sent Eflin to Philadelphia (with Thomas Windle) for Jimmy Rollins. The Dodgers turned their outfield logjam into a veteran starting shortstop and netted Yasmani Grandal in the process.
Maybe, across the majors, teams are scared of pushing their chips to the middle because the 2014-15 Oakland A’s loom like a cautionary tale — an organization depleted after they pushed in their own chips. But there’s more than one way to interpret the last 12 months in Oakland, and one interpretation is: their error was not pushing all of their chips in, but rather waiting until July to do so.
Whether or not it earns the Dodgers the World Series, I commend them for proactively attempting to separate their team from the pack.
Miles Wray contributes sports commentary to McSweeney's Internet Tendency, Ploughshares, The Classical and Hardwood Paroxysm. Follow him on Twitter @mileswray or email him here.
For instance: with Dee Gordon‘s trade value no doubt at its highest, the Dodgers trade him
Why do you make this assumption?
“All-Star Dee Gordon”
I don’t think his value is getting any higher than that.
I think its a fair assumption. He had a nice year overall but if you look closely its easy to be concerned going forward. In the 2nd half, pitchers challenged him in the zone and he was exposed. I suppose its possible he can be about as good as in 2014 for a couple more seasons (unlikely I think, but possible). But as he gets older he will only get more expensive and lose service time.
He had an excellent year that he is unlikely to replicate and has many years of team control left. I think that’s a fairly safe assumption.
I’m not the biggest Dee Gordon fan, and I do agree pitchers challenged him a lot in the 2nd half of 2014, but I think its worth pointing out he is age 26, going into the strong part of his career, he is fast as hell, he has worked on his hitting to improve greatly, and he’s not a FA until 2019. Oh, and he can stick in the middle of the diamond, not a great SS but an OK defender. The positive parts of Gordon’s game are being undersold.
Money is no object for the Dodgers, so this isn’t as big an issue, but Gordon is arb elibible for the first time. They gave Haren’s 10MM, Haren, Rojas and Gordon for Howie Kendrick. Essentially they made Hendrick a 19.5MM one year guy, once you add in his salary. Sure, they can QO him and get a draft pick, but as far as control on the contract side of things, the Dodgers lost big time by selling off Gordon. Maybe at his highest value. But what if… he continues this growth? Age 26…
Why wouldn’t you reference projections for a qualitative analysis of his projected value?
Oh, that’s right, because both Steamer and ZiPS project Gordon for 1 WAR next year in a full season’s PA.
His defense is at best, average (-3.5 runs / 150 last year).
His speed is his only asset — and last year he was the best in baseball, adding a total of 9.4 runs. Hard to project him worth more than that, given historical ranges for BsR.
In order to project him as a useful player, you have to think his offensive improvements from 2014 stick. The difference between “Dee Gordon, replacement level” and “Dee Gordon, average+ player” is entirely whether he puts up a 600 OPS (pre-2014) or 700 OPS (2014).
Rose colored glasses do not make for an objective evaluation.
Rose colored glasses? Gordon put up 300 in the minors like clockwork, except AA at age 22. He also has always had high babips, all through his career. Projections might just be over weighing his initial struggles more than his current success – his current success is the most at-bats versus the part time shuffle 200/300 PAs from before. With his age/experience maturing, is it possible those projections are off? His speed is definitely his main asset, and he looks like a likely Juan Pierre type. But hey, Juan Pierre was dangerous as hell for the 2003 Marlins, he peaked those 03-04 years. Gordon’s lack of power will definitely be challenged. All I’m saying is its no slam dunk he regresses next year, he could duplicate his 2014 pretty easily, and then the narrative would change a bunch.
Pierre = “dangerous as hell”
Well, Pierre was a slightly-worse-than-average batter in 2003 and contributed only 6 raa from his running (most of his value was from defense.) Not an exciting comp, given we know Gordon doesn’t have a + glove.
His BABIP last year was high *compared* to his career marks. That points to regression, and the fact that he is largely a one-dimensional player means that he has to improve his on-base skills for the speed to even make the kind of difference it did last year.
All you’re saying is, “well, the projections COULD be wrong…” In which case, duh. Nothing is certain. We could continue this conversation until we retreat all the way to absolute solipsism. The point is, Gordon’s peripherals definitely point to regression, and therefore it was very probably a good time for the Dodgers to trade him.
Are you aware you’re talking about 20 points of BABIP as the big factor in your “regression”? He’s a career 326 BABIP with 3’s all over his BA during his minor league career. His ability to hit maybe the thing that is getting undersold, which is why I made the initial comment. The certainty that the Dodgers sold high from the author is definitely questionable.
Barnes and Hernandez are just as likely to grow in value as Gordon, I think, and they have 12 years of combined control.
Well, his BABIP last year was 20 points higher than his career average, and Steamer projects him to put up .307/.334/.641, which is well below average. He has neither patience nor power at the plate, so any perceived upside depends solely on his speed.
Its a very big assumption to say that “The package that Preller would receive for a half-season of Upton would no doubt exceed in perceived value the package that he gave up for a full season of Upton.” Preller bought when Upton’s value was high (healthy and just off of a very productive 2014) and there’s no guarantee that Upton will stay healthy and maintain his 2014 production. Also, there’s no guarantee that there will be an obvious trade partner at the deadline. Lots of risk in trading for a player with the intent of flipping him later.
Agree, specifically referring to the first part of your comment. For Upton to get more at the deadline as a pending FA, deadline prices would have to be 3x higher than offseason prices, since you’re only getting 1/3 of a season for him.
As Dave has pointed out multiple times, that deadline flip strategy works best with guys with a year + remaining. Deadline inflation may actually be greater than 1.5x (e.g. the inverse of 1+1/3 remaining seasons vs. 2 full seasons), plus the buyer gets 2 (potential) playoffs vs. 1.
More than 3x, actually. Preller traded for the compensating pick when Upton walks; anyone who acquires him at the trade deadline won’t be acquiring that. I think Miles is off base here.
The stupidity shown by the A’s in throwing away their team leader and future to make a wild card run should serve as a cautionary tale for every team.
The only thing you know for certain is that there will be a future. Teams need to prepare for it carefully, and not trade their best prosoects for $24 worth of beads and blankets.
OTOH, if they knew they couldn’t afford 10-15-20 in arb, and they feel he’d decline sharply due to his age and prospect status… it’s a lot more reasonable.
I wouldn’t have done it.
“The Seattle Mariners have only used their organizational depth to acquire Justin Ruggiano (in exchange for Matt Brazis).” And they traded Mauer for Seth Smith, and they threw 55 million at Nelson Cruz.
“Preller has retained, by Kiley’s rankings, three of the organization’s top four prospects. He traded away the middle class — not the upper class — of his inherited farm system in exchange for significant Major League experience, all the while assuming no financial burdens.” Matt Kemp? Still paying him $70ish million.
There was a lot of talk after the Donaldson and Shark trades that Billy Beane was zagging while everyone else zigged. I think there’s definitely something to the idea that Preller, in his own way, is doing the same thing.
Also aquired J.A. Happ for Saunders….
that’s putting a positive spin on things
None of the pieces that Preller acquired really push the bar very far. Kemp and Upton are probably worth 4-7 WAR total. Myers and Middlebrooks are coming off horrible years. Basically Preller has exchanged his “middle class” for high upside but high risk players. He has to do that because the “middle class” simply isn’t THAT valuable and the Padres really don’t have THAT much to offer. Preller is just making the most out of a tough situation. Kudos to him for doing so, but like you said, they’re still not really in range of contention.
I’ll give you 10-1 odds that Kemp and Upton are not good for 7 WAR total next season or any future season.
really? ANY future seaons? Are you good for it if I put down $100?
I interpret a whole heck of a lot of this as saying MLB is in a parity-rotten status, and my only reaction to that is that I’ve been ranting about this for at least a few years now. And I’m perpetually sad to see that this is the state of MLB, too.
Please justify your statement. You’ll need to explain away the current evidence, which is that more MLB teams make the playoffs (as a percentage of teams in league) than any other major US sport.
NBA=16/30=53%
NFL=12/32=37.5%
MLB=10/30=33%
How exactly do more MLB teams make the playoffs as a percentage of the teams in the league than other major US sports?
I think that what he meant was that the number of franchises that make the playoffs at least once over a given period of time is higher in the MLB than in other sports, where dynasties might be more common. An interesting question. I checked it out.
MLB changed its playoff system following the 2011 season to include 10 teams, as opposed to 8, so I looked at the last three seasons in each of the three sports, plus hockey because I live in Canada, and people here care about these things.
MLB – 17 teams
NBA – 24 teams
NFL – 20 teams
NHL – 26 teams
These do correlate closely with the number of slots available to make the playoffs, which is interesting. Now one could argue that making the playoffs isn’t the goal, or shouldn’t be, but playing in championship contention or something, and this could be measured by the number of teams that have played for the championship at least once in the last x years or something. Whatever the metric, I’m not going to work that out.
Fewer MLB teams make the playoffs, or have for the last three seasons. That’s what the data show.
Yeah, in terms of highest/ lowest winning percentage, MLB has the greatest parity (compare to the NBA, for instance). If you’re simply talking about postseason droughts, then yes, technically the Blue Jays hold the record out of all teams in the major American sports. However, this is largely due to the fact that a smaller percentage of MLB teams make the playoffs than in the other sports. And frankly, that’s how I like it. In the NBA, more than half the teams make the playoffs, so it’s a given that certain teams will make the playoffs before the season even starts. When there’s that little suspense and the playoffs don’t even cut the number of teams in half, what’s even the point of the regular season? I like playoffs to mean something, not to allow some mediocre team sneak into them with a < .500 record.
“In Atlanta, John Hart started the offseason from essentially the same position as Preller”
I don’t think that’s quite right. I don’t know how the Padres’ farm system was ranked before this offseason, but I gather it was considered above-average. The Braves had one of the worst farm systems in baseball, dooming any kind of “win now” program along the lines of what Preller did.
Awesome article. As a Padre fan, I’ve been delightfully surprised by Preller’s acquisitions. Padres almost always acquire sluggers who are way past their prime (a la Vinny Castilla, Mike Piazza, Mike Cameron, etc.), with the recent exception of Carlos Quentin (and we see how well that worked out). Seeing the projections have been pretty disappointing.
I had been trying to figure out why he was unloading so many prospects, and I thought it could be that he wants to free up the farm system for his own draft and international signings. Making a push towards the middle and hoping that the high risk/high reward players pan out makes a bit more sense.
Any way you look at it, it’s a fascinating time to be a Padres fan. That’s something I’ve not been able to say for a long time.
It seems to me that Preller has accumulated a bunch of slow-footed sluggers for his outfield, though one of them (Myers) may not be past his prime.
If you have a huge outfield, accumulating slow-footed sluggers (none of whom is a centerfielder) seems to me to be the worst possible strategy, both offensively and defensively.
Only having teams as bad as the Rockies and Diamondbacks in their division will save them from the cellar.
The Dodgers and Giants have virtually been seeded into the playoffs once again, and probably for years to come.
You’re forgetting that he still has Will Venable and Cameron Maybin on the roster, who both play passable CF. Until the spring training begins, nobody really has any clue what the Padres plan to do with who plays where.
Imagine how much more interesting baseball would be if it approached the season like soccer leagues do. Win the most games = champions.
European soccer teams have multiple goals to select for– not an expert, but I believe Premier League teams have the FA league (win-loss record) and the FA cup (knockout tournament), plus the European Cup for the top teams. Our teams only have one goal–win the World Series. The Euro system allows for more fans to enjoy championships.
Where do you find those team projections? I can only find player projections on here.
A penned an article about why Samardzija was a necessary move over on AthleticsNations.com:
http://www.athleticsnation.com/2015/1/14/7537897/the-tattered-rotation-tale-how-samardzija-saved-the-as-2014-season
The A’s rotation was really hurting after Pomeranz went down. The A’s, with the best record in MLB at the time, were looking at sending Brad Mills out every fifth day. Jesse Chavez was fading, Kazmir was fading. My take is the A’s NEEDED to make a move to stave off a rotation collapse.
What went wrong for the A’s last year wasn’t the all-in trades, it was the near complete offensive collapse of Coco, Moss, Norris, on so on. Injuries everywhere. The #narrative of the A’s 2014 nationally is just off to my mind.