Open-Market Value — The Free Agent Team
A couple of years ago, Sky Andrecheck used the power of hindsight to see if an MLB team could have built a 2009 playoff contender using only players who were available on the free-agent market that previous off-season. The only caveat was that this team had to have a league-average budget. Using actual WAR and salaries, Andrecheck pieced together the perfect 25-man roster — actually 18, since he left his bullpen to fend for itself with replacement-level players — and on Aug. 24, his hypothetical team was on pace to win 96 games. And it all happened for the bargain price of $78.6 million.
While this is an interesting exercise, and one I replicated for the 2008 season, I don’t need to tell you that a pretty strong team could have been built on the backs of 2011 free-agent steals such as Bartolo Colon, Brandon McCarthy, Jhonny Peralta and Ryan Vogelsong. Instead, Mr. Dave Cameron, in his infinite generosity, has given me a budget of $80 million FanGraphs Pesos to piece together a free-agent team for next season, without the benefit of hindsight. In case you’re wondering, the ratio of FanGraphs Pesos to Schrute Bucks is 3:1.