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Tuesday, July 31, 2007

Trade aftermath: Gagne to Red Sox


I've been talking about the Rangers trading Eric Gagne for a month now. Now it is official. Hopefully you've stashed Akinori Otsuka and Joaquin Benoit.

Red Sox get: RP Eric Gagne
Rangers get: SP Kason Gabbard, OF David Murphy (AAA), and OF Engel Beltre (R)
Quick outlook: Gagne loses value. Gabbard loses value. Murphy gains value. Beltre is unaffected.
Indirectly affected: Joaquin Benoit gains value. C.J. Wilson gains value. Akinori Otsuka gains value. Hideki Okajima loses value. Jon Lester gains value. John Rheinecker loses value.

Analysis:
Gagne goes from closing to second-in-line. If Papelbon were to get hurt, Gagne would be more valuable then he was with Texas, but that's not something to bank on. Gagne can be dropped in shallow mixed leagues, but he still has a little value in medium-sized leagues. The Red Sox will continue to be careful with Papelbon, so Gagne will pick up the save opportunities that Okajima was getting. Because of this, Okajima will lose those opportunties and some of his value.

In Texas, Joaquin Benoit will probably get the majority of the saves until — if, really — Akinori Otsuka returns. He should be picked up in all leagues. C.J. Wilson might grab a save here or there if there are a couple of lefty batters due up in the ninth. He can be owned in deep mixed and 12 and 14-team AL-only leagues. Otsuka can also be picked up in the hopes that he won't need Tommy John surgery. If he does return he should take the job over both Benoit and Wilson.

With Gabbard out of Boston, Jon Lester should be assured a rotation spot. That doesn't mean he will do very well, but he will make some starts. Gabbard is quite likely to stick in Texas's rotation, at least for a few times through, pushing John Rheinecker to the bullpen. While he might overtake Jamey Wright at some point, Rheinecker can be dropped in all leagues.

Even if Gabbard struggles, which he should, Texas will likely stick with him because they aren't playing for this year. The move to Arlington should hurt Gabbard a bit. His HR/FB will likely go above league average (10%), but because he gets so many ground balls, it won't hurt him as much as it would a fly ball pitcher. It will still increase his already poor LIPS ERA, though, and having the Ranger offense instead of the Sox offense will strip him of a win or two. He should be strongly considered in 12 and owned in 14-team AL-only leagues. He can be ignored in mixed leagues.

Lastly, David Murphy might see an upswing in value. With the trade of Kenny Lofton, the Rangers outfield is looking pretty barren. Frank Catalanotto, Marlon Byrd, and Nelson Cruz is far from formidable. Murphy could be called up soon to play center and see considerable time against right-handed pitchers. He's put up low-to-mid-80% Contact rates in AAA this year and last. His Walk rate was 12% last year and 9% this year. He could hit .260-.265 in the majors. His power hasn't been great in the minors, but he might be able to hit a handful of homers. Could also pick up a few steals. Can be owned in very deep AL-only leagues.

Posted by Derek Carty at 5:36pm

The perils of bad advice


This is a topic I touched upon previously in a prior post dealing with second half players. One goal in life, fantasy or otherwise, should be to steer clear of bad advice. There is no shortage of it, and no shortage of experts, mostly self-proclaimed. Just recently I heard two more instances where an expert (who has his own snarky name) gave out some bad advice, so I wanted to share my thoughts. But I won't be sharing in a touchy-feely Human Potential Movement way. This type of bad advice, couched under the guise of "sabermetrics" or 'statistical analysis" is one of my pet peeves.

The first item is some pretty poor advice on closers and save percentages. On a podcast around the time of the All-Star break, this "expert" was discussing the save percentage stat. The recommendation was to only view as secure those closers that had 90% save percentages; namely they save 90% of the opportunities. Otherwise, they are to be considered "vulnerable." Some specific vulnerable targets were Jose Valverde, Todd Jones and a few others. Hearing Valverde listed as "vulnerable" naturally piqued my curiousity.

Clearly this is lazy advice. 90% is way too high a standard and in any event save percentage should have very little to do with your evaluation of whether a closer is vulnerable or not. For reference here are the career save percentages for a few closers:

Trevor Hoffman: 89%
Mariano Rivera 88%
Lee Smith 82%
Jeff Reardon 77%
John Franco 81%
Troy Percival 86%
Tom Henke 85%

There are some obvious factors that are more important than save percentage that are not news to anyone, but just to point them out:

  • Skills (K-rate, BB-rate, Hit-rate etc): This is probably 75% of the battle right here.

  • Manager Usage/Opportunity: This is another 15-20% of the battle.

  • Left-handedness

  • Competition in the pen

  • History of Success in closer role (only because some managers prefer retreads to unknowns)

Do I think the save percentage is a factor? Well, I suppose it is in a vague sense, but I can say that I have never looked at it as a guide to whether a closer is successful or vulnerable in and of itself, and certainly I would not use some arbitrary standard that is not attained by some of the greatest closers in history.

Here are the percentages for the single season leaders of this century, which tell a similar story:

John Smoltz 2002 55 saves/59 opportunities (93%)
Mariano Rivera 2001 50/57 (87%)
Mariano Rivera 2004 53/57 (93%)
Eric Gagne 2002 52/56 (93%)
Eric Gagne 2003 55/55 (100%)
Francisco Cordero 2004 49/54 (91%)
Chad Cordero 2005 47/54 (87%)
Jason Isringhausen 2004 47/54 (87%)
Jose Mesa 2002 45/54 (83%)
Robb Nen 2001 45/52 (87%)
Kaz Sasaki 2001 45/52 (87%)

These are the top-10 save seasons since 2000. Only five were above the 90% standard. Going a bit further down to the top-25, only nine met the standard.

Will this advice hurt you? Probably not, unless you go and dump Jose Valverde or Francisco Cordero. That is not to say that the save percentage is irrelevant; however it is just a number and is not as important as looking at the overall picture.

The second piece of advic was from the same guy, not surprisingly. The podcaster "invented" a new stat that he called an efficiency stat. Is it a complicated metric of the kind you might find here at The Hardball Times? Not quite. It was a simple ratio stat; for runs it was AB/runs, for RBI it was AB/RBI, etc.

Two problems here. The first is that he called it a ratio of runs per at-bat and RBI per at-bat. But that is wrong and sloppy. What he is measuring is the converse: It is the number of at bats per counting stat. This is the type of error that no analyst or expert should make.

With regard to the "stat" itself, as he defined it, the stat can have value in analytical terms, or perhaps in leagues where you have an at-bat maximum (which he specifically referred to as the "goal" of his stat). But the basis for the stat was that it was supposed to target guys that are "efficient" at accumulating runs or RBI.

Amusingly, this stat was used to give us sage advice like "try to acquire A-Rod or Gary Sheffield." Thanks for the tip. To be fair though; he did point out that Carlos Pena was having a surprisingly good year and should be targeted over some other big name players. That advice is helpful. But you don't need a contrived, incorrectly defined stat to figure it out.

Another problem is that at-bats is not the most useful measurement here. Using at-bats in the numerator ignores walks. When trying to accumulate runs or stolen bases why ignore walks? A stolen base or run scored on a walk is just as good as one scored on a hit. What is even worse, if you are in a league that caps at-bats, don't you want your guys to get lots of walks? Lots of walks means lots of runs, hits etc. without accumulating at-bats.

The use of at-bats also changes the result. Lets take a quick example. Nick Swisher has 314 AB, 42 runs and 70 walks. By the "efficiency" stat Swisher has a ratio of 314/42, or 7.47. Including walks, his runs stay the same, but his numerator changes to at-bats + walks, giving us a ratio of 9.14. A lower number is better, according to the description, so Swisher is penalized for walks.

In the case of a player with very few walks, the ratio will not change nearly as much, for obvious reasons. Take Kenji Johjima, for example: he has 291 at-bats, 32 runs and 11 walks. So his ratio using at-bats only is 291/32 or 9.09. Using walks in the numerator, we get 291+11/32 or 9.43.

Simply put, the definition used by the podcaster radically alters the results in the instance where a guy has a lot of walks. Yet if the goal is to measure someone's efficiency at accumulating a counting stat why ignore, in the case of Swisher, those extra 70 plate appearances? This is especially true where those walks do not count against an at-bat maximum.

Nothing here is earth shattering, but on the other hand, it shows that even simple analysis can reveal that self-anointed experts can get it wrong. Or it may be that a self-described expert is even more likely to get it wrong. Believe me, this guy is no Tom Tango. Taking his advice is akin to taking career advice from this guy.

Posted by Patrick DiCaprio at 7:05am

Monday, July 30, 2007

Trade aftermath: Castillo to Mets


While not as grand as getting Mark Teixeira, the Mets made a move of their own today, acquiring Luis Castillo from the Twins for very little. Needless to say, I am quite happy that Omar Minaya was able to pull this one off.

Mets get: 2B Luis Castillo
Twins get: OF Dustin Martin (A+), C Drew Butera (AA)
Quick outlook: Castillo gains value. Martin is unaffected. Butera is unaffected.
Indirectly affected: Alexi Casilla gains value. Ruben Gotay loses value. Damien Easley loses a little value. Marlon Anderson loses a little value. Paul Lo Duca loses a little value.

Analysis:
Luis Castillo moves into a much more favorable situation with the Mets. He'll likely bat second, giving him plenty of opportunities to score runs. Castillo should be considered in deep 10 and owned in 12 and 14-team mixed leagues. He should be owned in all but shallow NL-only leagues. With him and Tadahito Iguchi joining the National League, Chase Utley owners in NL-only leagues might be able to cushion the blow.

If Castillo bats second, Paul Lo Duca would be pushed down to the sixth or seventh spot, which would hurt his value. The trade-off will be runs for RBIs, but it will be much harder for him to get RBIs with his poor power than it was to score runs with Carlos Beltran and Carlos Delgado behind him.

Castillo will likely push Gotay off second base. The Mets might decide he is better off taking regular at-bats in Triple-A than sitting the bench in the majors. If that is the case, Easely and Anderson would maintain their current roles with perhaps a few less at-bats.

Alexi Casilla is likely the beneficiary in Minnesota. There is no official word yet, but he will most likely be recalled to take up second for the Twins the rest of the season. Casilla is a guy in the Luis Castillo mold. He has very little power but makes excellent contact (90%-ish contact rate) and has pretty good patience (9%-ish walk rate). Those numbers might drop a little in the majors, but Casilla should still be able to hit .275-.280. He also has very good speed and could steal 15 bases in the final two months. Where he bats will determine the rest of his value. He can be picked up in 14-team mixed and deep 10, 12, and 14-team AL-only leagues.


Posted by Derek Carty at 6:13pm

Trade aftermath: Dotel to Braves


Another trade done. Rumored throughout the day, the Braves have officially completed their trade with Kansas City. They are also preparing to announce their trade for Mark Teixeira. In addition, rumors are going around now that they have inquired about Bronson Arroyo. As a Mets fan, I'm getting a little nervous.

Braves get: RP Octavio Dotel
Royals get: SP Kyle Davies
Quick outlook: Dotel loses value. Davies loses value.
Indirectly affected: Joakim Soria gains value. Zack Greinke gains value. Rafael Soriano loses a little value. Buddy Carlyle gains a little value. Jo-Jo Reyes gains a little value. Jorge de la Rosa loses a little value. Odalis Perez loses a little value. Leo Nunez loses value. John Thomson loses a little value.

Analysis:
Dotel adds yet another arm to the Braves bullpen, an arm that is a better than Bob Wickman's. Soriano loses some value with the trade; if Wickman loses the closer's job, it will no longer be automatically assumed that Soriano will step in.

Of course, Dotel loses value, moving from a job closing to a bullpen where he will have to jump ahead of two guys to close. His peripherals might get a bit better in the National League, but that is little compensation for the drop in saves. Dotel can be dropped in mixed leagues and picked up in deep 12 and 14-team NL-only leagues.

Joakim Soria will likely become the Royals closer, giving him plenty of value for the rest of the year. Zack Greinke will be breathing down his neck, though, so his job won't be completely secure. The Royals might envision Greinke as a starter next year, so leaving Soria as the closer would make more sense in the long-term. Soria needs to be owned in all leagues.

Davies is a fly ball pitcher with poor control and a league average strikeout rate for his career. He has a 4.61 LIPS ERA this year. I suppose he could eventually turn into a serviceable pitcher, given that he is still just 23. For this year, though, he loses value. A below average pitcher moving to the American League? I'm staying away. He should only be owned in deep 14-team AL-only leagues.

For now, it looks like Buddy Carlyle and Jo-Jo Reyes fall into the top five starters for the Braves. Neither are fantastic, but they do have a little more security. The Braves are looking into acquiring Bronson Arroyo, though, so these guys might be losing some value in a matter of hours. I wouldn't rush to pick either up. Wait and see what else the Braves do.

As far as the Kansas City rotation, anything goes, really. Gil Meche has a spot locked up, and—despite poor peripherals—Brian Bannister probably does too. And of course Kyle Davies does. No one else has been good, peripherally or on the surface, so they are all at risk of losing starts. Odalis Perez has the biggest name of the bunch, but he has the worst numbers. Leo Nunez was likely to be moved from the rotation once John Thomson returns, but now both could be out of a starting gig. The possibility also exists that Greinke will be moved to the rotation, but losing him and Dotel from the bullpen would really weaken it. They might just wait for next year, if they make the switch at all.

If I hand to wager, I'd say the Kansas City rotation will shake out like this: 1) Meche, 2) Bannister, 3) Davies, 4) de la Rosa, 5) Thomson. Regardless of who actually gets spots, none of these guys should be owned except in deep AL-only leagues, even with a guaranteed spot.

Posted by Derek Carty at 4:56pm

Trade aftermath: Lohse to Phils


Well, the rumors are flying now. Octavio Dotel to the Braves. Mark Teixeira to the Braves. Luis Castillo to the Mets. Jermaine Dye to the Red Sox. I won't comment on these until they're official, but most are looking close. The Phillies are staying active, too, acquiring starting pitcher Kyle Lohse in the first trade of the day.

Phillies get: SP Kyle Lohse
Reds get: P Matt Maloney (A-)
Quick outlook: Lohse gains a little value. Maloney's value stays the same.
Indirectly affected: J.D. Durbin loses value. Bobby Livingston gains value. Phil Dumatrait gains value.

Analysis:
Lohse's fly ball tendencies weren't particularly suited for Great American Ball Park, but the move to Citizens Bank Park isn't really an improvement. He will, however, be aided by having the Phillies offense supporting him, especially if the Reds trade Adam Dunn. The Phillies have scored the most runs of any NL team, while the Reds rank seventh. Of course, the Phillies did that with Chase Utley. Remember that they were also without Ryan Howard for a month. I think Lohse might be able to grab an extra win or two with the Phils.

Lohse doesn't strike a lot of guys out (5.47 K/9), but his 4.17 LIPS ERA isn't terrible. In 12 and 14-team NL-only leagues he should be owned. J.D. Durbin, whom I cautioned against in the NL Waiver Wire, will lose his rotation spot. Hopefully you weren't owning him, anyway.

The Reds rotation will likely consist of Aaron Harang, Bronson Arroyo, Matt Belisle, Bobby Livingston, and quite possibly Phil Dumatrait, at least until Homer Bailey gets healthy.

Livingston, while more secure in his rotation spot, still isn't a good pickup. He struck out only 4.59 batters per game in Triple-A last year and didn't get a ton of ground balls. His control is pretty good, but he should be owned only in very deep NL-only leagues. Dumatrait isn't a much better bet. In nearly 200 Triple-A innings this year and last, he put up a K/9 under 6.00 and a BB/9 over 3.50. He should be avoided except in the deepest leagues. One of these two will likely lose his spot (probably Dumatrait) once Homer Bailey gets healthy.

Maloney is in low A, so he can be ignored for fantasy purposes this year.

Posted by Derek Carty at 3:11pm


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