The Hardball Times Fantasy

Top 50 fantasy relievers for 2011

by Jeffrey Gross
January 21, 2011

Other 2011 fantasy rankings by position:
Catcher || First Base || Second Base || Shortstop || Third Base || Corner and middle infield || Outfield || Starting pitchers


To remind everyone: These rankings are based on position eligibility. Players who are eligible at multiple positions will be ranked in comparison with others at each relevant position. You will also note asterisks next to the names of certain players. These indicate health risks. Health concerns have been taken into consideration, as have expected talent and expected playing time to yield expected production.

Position eligibility and evaluation criteria for these rankings are explained here. The "o" in front of ERA, WHIP and K/9 stands for Oliver-projected*.
*Oliver's 2011 projections have been updated since I wrote down all of the prospective pitching statistics for my pitcher rankings. Due to the sheer volume of time it would take to update my positional rankings for pitchers, I am going to keep the Oliver 2011 category listed as is. Most of the projections are essentially similar, but for the most up to date projections, subscribe to THT Forecasts by clicking here. If you are unsure of whether to subscribe to THT Forecasts, you can read about why I love THT Forecasts by clicking here

Rank      Player                Team             oSV     oERA      oWHIP      oK/9   Opening Day closer?
1         Joakim Soria          Royals           38      3.20      1.12       9.1       Y
2         Neftali Feliz         Rangers          36      3.36      1.18       8.6       Y
3         Mariano Rivera        Yankees          35      3.00      1.08       7.4       Y
4         Brian Wilson          Giants           38      3.41      1.23       9.4       Y
5         Heath Bell            Padres           36      3.48      1.24       8.5       Y
6         Joe Nathan*           Twins            36      3.43      1.16       8.5       Y
7         Carlos Marmol         Cubs             36      3.52      1.31      11.4       Y                            
8         Drew Storen           Nationals        32      3.47      1.20       8.9       Y
9         J.J. Putz             Diamondback      38      3.84      1.31       7.8       Y
10        Jose Valverde         Tigers           38      3.81      1.27       8.2       Y
11        Andrew Bailey         Athletics        32      3.66      1.24       8.2       Y
12        Jonathan Papelbon     Red Sox          36      3.48      1.20       8.9       Y
13        Francisco Rodriguez   Mets             38      3.78      1.30       8.9       Y
14        Matt Thornton         White Sox        36      3.22      1.17       9.3       Y
15        Chris Perez           Indians          36      3.90      1.30       9.0       Y
16        Huston Street         Rockies          26      3.47      1.20       8.8       Y
17        John Axford           Brewers          40      4.15      1.45       9.0       Y
18        Brad Lidge            Phillies         32      4.21      1.38       8.5       Y
19        Craig Kimbrel         Braves           36      3.98      1.44      11.1       Y
20        Octavio Dotel         Blue Jays        30      4.02      1.33       9.3       Y
21        Francisco Cordero     Reds             38      4.06      1.40       7.3       Y
22        Jonathan Broxton      Dodgers          30      3.40      1.22      10.1       Y
23        Koji Uehara           Orioles           0      3.57      1.18       7.4       Y
24        Ryan Franklin         Cardinals        32      4.08      1.32       6.0       Y
25        J.P. Howell           Rays              6      3.79      1.26       8.7       Y
26        Brandon League        Mariners          2      3.83      1.27       7.1       Y
27        Leo Nunez             Marlins          36      4.04      1.29       7.3       Y
28        Brandon Lyon          Astros           22      4.00      1.32       6.2       Y
29        Fernando Rodney       Angels           18      4.55      1.50       6.9      Y**
30        Joel Hanrahan         Pirates          30      3.70      1.27       9.8      Y**
31        Evan Meek             Pirates          10      3.84      1.33       7.7       N
32        Aroldis Chapman       Reds              0      3.89      1.34      10.4       N
33        David Aardsma         Mariners         38      4.09      1.38       8.2       N
34        Kevin Gregg           Orioles          34      4.14      1.39       7.6       N
35        Daniel Bard           Red Sox           4      3.51      1.23       9.2       N
36        Mike Adams            Padres            2      3.33      1.19       8.6       N
37        Hong Chi Kuo          Dodgers           6      3.07      1.12       9.1       N
38        Ryan Madson           Phillies          6      3.63      1.21       8.2       N
39        Jason Motte           Cardinals         2      3.76      1.24       9.0       N
40        Rafael Soriano        Yankees          36      3.37      1.20       8.5       N
41        Matt Capps            Twins             4      3.90      1.24       7.0       N
42        Takashi Saito         Brewers           0      3.65      1.25       8.1       N
43        Kerry Wood            Cubs              2      4.04      1.32       8.5       N
44        Luke Gregerson        Padres            2      3.43      1.20       8.9       N
45        Mike Gonzalez         Orioles          36      4.19      1.32       8.7       N
46        Jonny Venters         Braves            4      4.21      1.41       6.7       N
47        Sergio Romo           Giants            2      3.34      1.15       8.7       N
48        Sean Marshall         Cubs              2      3.54      1.23       8.3       N
49        Tyler Clippard        Nationals         4      3.87      1.31       9.0       N
50        Jason Frasor          Blue Jays         4      3.95      1.35       7.6       N
*Assuming health, which means assuming the amount of health reasonably expected from them.

This early in the offseason, relief pitchers and closers are hard to rank. You know the reliable big names—Joakim Soria, Neftali Feliz, Mariano Rivera, etc. through Jose Valverde—but even within this tier of elite reliables with strong grasps over ninth inning duties, history shows that anything from preseason injury (Joe Nathan 2010) to loss of control (Carlos Marmol 2008) to seeking money over role (Rafael Soriano 2011) could limit a reliever's prospective value.

With this in mind and knowing that an elite closer will likely cost you big, despite largely being valuable for just one category (saves), is drafting an elite closer for big money really worth doing?

Most experts will tell you the answer is no. The winner of the THT Fantasy experts competition, Dave Chenok, will argue in a future THT article that you should invest in an elite reliever.

My view, as I explained a couple of years ago, is that relievers are a poor return on your investment. While an elite reliever will undoubtedly help pad your team's ratios and add to its strikeout totals, a poor reliever will still get you those saves without hurting your team's bottom line when you spend elite-reliever money on your starting pitchers. Keep in mind, a medley of three or four closers will accrue only 200-250 innings for your team. Even with a low 1,400 innings pitched maximum (I usually play 1,600), that accounts for less than 18 percent of your team's total innings.

I also have a theory for Roto leagues that closers on worse offensive teams tend to accrue better saves totals. Teams like the Royals with poor offenses are going to win 60-75 games and it is unlikely they are going to routinely blow their opposition out by four or more runs. In my view, such closers get more chances and those chances are more spread out (less likelihood of long winning streaks), meaning closers on bad teams ultimately get solid saves totals. I have never proven this theory and obviously this strategy will not work in H2H leagues, which require consistency, but it is how I operate and how I have finished in the top third of my league in saves for three seasons running without spending big on closers.

Keep in mind one thing: saves are just one category in fantasy. You can place at the top of a rotisserie league without them. Last year, the winner of one of my primary money leagues (Roto Auction, standard 12-team 5x5) won despite placing last or second to last in the saves category. In an H2H league, you can even punt saves and focus on the other nine categories.

This all in mind, let's break down the rankings.

My first 10 listed players are those with the best stuff and who likely have the best holds on their jobs. Most of the reliever rankings here are based on likelihood of accumulating saves, not the underlying peripherals. That is why Leo Nunez and Fernando Rodney are listed ahead of better pitchers such as Mike Adams and Hong Chi Kuo.

The Pirates have not announced whether Evan Meek or Joel Hanrahan will be their closer for 2011 and the team's use of the two in wake of trading away Octavio Dotel hardly gave much of an indication to how the Pirates are likely to lean. Hanrahan ended up accumulating more saves last season (six to Meeks' four) and has better numbers in every major peripheral category (FIP, xFIP, tERA, K/9, BB/9, K/BB), with Meeks having the ERA advantage in 2010. I've ranked Hanrahan ahead of Meeks because he's a better pitcher who got more chances in 2010, but if you draft either pitcher this preseason before the Pirates announce their closer, make sure you grab the other. I would not be shocked to see either start the year closing (though I believe Hanrahan will ultimately end the season with the job).

With Billy Wagner retired and Craig Kimbrell likely to close in Atlanta (sorry Jonny Venters), can you name any other lefty closers out there besides a possible Matt Thornton? White Sox manager Ozzie Guillen has previously shown his willingness to use less elite relievers to keep Thornton in the real life role he deserves—the high leverage reliever—and the White Sox recently signed Jesse Crain to a three-year contract. I'm not saying that Crain is the closer, only that Thornton is not guaranteed a closing job. That is not to say that Thornton will not be one of baseball's best relievers again next season, just that his role is not a guarantee.

Some random random thoughts on relievers:

I hope everyone has enjoyed these ranking posts. I will continue to update the rankings throughout the preseason to reflect free agent signings, roster moves and team announcements, but the analysis will remain unchanged. Some time in February, I will post an article with updated rankings and comments/feedback/criticism/concerns regarding my rankings from other Fantasy writers from The Hardball Times and around the internet.

That said, my fourth semester of law school begins this week and runs through mid-May. I will try to write fantasy articles as often I have time, but forgive me if I don't have time. For now, enjoy, as promised, the beta version of the xWHIP 2.1 calculator (note: 2.1 beta uses 2008 runs/outs values per Stat Corner's tERA primer, rather than the four-year data from the xWHIP 2.0 post).

As always, leave the love/hate in the comments.

Jeffrey Gross is an attorney (and die-hard Cubs fan) who currently resides in Green Bay, Wisconsin. In addition to writing for The Hardball Times, he also reviews tasty adult beverages as part of a side project titled "saBEERmetrics." He previously worked for The Daily Illini and Northern Star newspapers as a film critic and sportswriter (respectively). You can reach him by email at saBEERmetrics AT gmail DOT com.

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