Hi Folks,
The player news is fairly
slow this time of season as the players don't start arriving to camps
until next week. However it's a great time to take a look back and see
what's trending.

2010: Say Hello
to The Dominance of Starting Pitching Part 2
On Tuesday we took a
look at the
shift from hitter or offensive production during the decade that was
(00s). Today, let's take a look at the other side of the equation:
Starting Pitching.
Let's start with the
Fantasy Baseball 5x5 $ values of the top 120 starters. According to our
data, from 2000 to 2009, the average fantasy value for the top 100
pitchers has risen from $11 to $13, and
FPI or
Fantasy Production Indicator (which measures fantasy contribution per
inning) has risen from 1.20 to 1.35. So while Hitter values lost
about 10-12% during the decade, pitcher values have gone up at a 10-12%
clip.
Below is a more
informative look at the tiers of starters as sorted by WHIP (a credible
indicator of fantasy value as ERA and Wins are also closely correlated
with WHIP).
Here’s a listing of the pitchers with at least 120 IP and sorted by the
lowest WHIPs in the year 2000 (grouped by top 10/20/30/40) :
|
2000 WHIP
(Walks+Hits/IP) |
|
Top 10 |
1.10 |
1-10 |
1.10 |
|
Top 20 |
1.17 |
11-20 |
1.23 |
|
Top 30 |
1.21 |
21-30 |
1.30 |
|
Top 40 |
1.25 |
31-40 |
1.36 |
Now fast forward to
2009:
|
2009 WHIP
(Walks+Hits/IP) |
|
Top 10 |
1.07 |
1-10 |
1.07 |
|
Top 20 |
1.12 |
11-20 |
1.17 |
|
Top 30 |
1.16 |
21-30 |
1.22 |
|
Top 40 |
1.18 |
31-40 |
1.25 |
Hence the 4th tier, the
31st-40th best pitchers in 2000 averaged a 1.36 WHIP, and that
same tier pitcher is now averaging a 1.25 WHIP...amazing how rapid the
shift has been in less than a decade....and the likely culprit was of
course Steroids or PEDs.
At the same time among
the top 120 pitchers, the average ERA has dropped from 4.61 to 4.40, and
the average WHIP has also dropped from 1.43 to 1.35. While Fantasy
Production Index or Indicator (FPI) has increased by 9% to 1.30 from it’s
low point of 1.21 in 2000. Clearly pitchers have rebounded from the early
lows of the 2000 decade.
Additionally and not
surprisingly, pitcher projections have become more predictable than they
were to start the last decade. Does anyone remember early in the
2000s when famous Sabermetician Bill James wouldn't even do pitching
projections because of his frustration with their predictability? I
remember this frustration first hand, and now we know the culprit (PEDs).
Don't get me wrong, they'll always be an increased injury factor as
pitchers are just more injury prone (the "unnatural" pitching motion).
Outside of the injury factor, I routinely correctly project an almost
equal number of
directional upswing/downswing among both hitters and pitchers. The
stigma of unpredictability is starting to fade.
My three observations:
-
On average, Pitchers
are performing at a higher level than at any point in the last 10
years. The relative value of pitchers has increased over the decade.
-
Pitcher Production
predictability has increased significantly over the decade.
-
Similar to hitters,
the degree of separation between the upper tier pitchers and the
2nd tier is less pronounced than it was in the past.
In looking at the trend
among both pitchers and hitters, the overriding factor is that outside of
a very few players, there is a tendency to overvalue the top tier of
players. When in essence the degree of separation between the top 40
players for both hitters and pitchers is now much smaller than it once
was. Hence in an auction draft, I prefer to stay out of the bidding on
near top tier talent as the relative gain in performance will likely
not exceed the incremental price difference between the next tier. As an
example, take a look at the incremental differences between the 11-20th
and the 21-30th player range for WHIP and SLUG....it's not nearly what it
once was.
As we have discussed in
the past, winning auction prices take a barbell structure, and now more
than at any other time over the last 10 years, there is more value closer
to the middle.

For those that use our
player projections software, you already know that unlike generic
rankings or valuations you may see elsewhere, the software does the math
for you. It actually computes auction values based on these incremental
stat differences and also is bases it's computations on your particular
league settings. Thus the values are a true representation of player
contribution in your exact league format. Similarly for those who play in
a serpentine draft (non auction league), the true lesson for the stat
trends comes from our Value above Mean (Position
Scarcity Formula) which ranks the players according to the incremental
differences between the stats and the other roster positions.
In a coming blog we'll
discuss the relative fantasy value of pitching from a simple mathematical
perspective.

Recent Sabermetic Twits
from Fantistics on Twitter
(we are brand new to twitter, come join us as we build our social
presence):
-
Mets sign P Hisanori Takahashi - Japan: 4 ERA, 1.30 WHIP,
below avg 7 K/9, 1.31 FPI. Avg less than 5.5 IP per start. Possible #5,
low end.about
10 hours ago from
web
Daniel Murphy - Strong 2nd half of '09, w/ impressive 13.5 XBH%. In time
he'll turn these 2Bs into HRs. Impressive 14.0 K% - Breakout ahead.
about 21 hours ago from
web
Ryan Ludwick - Poor EYE (.39) caught up to him in '09, significant drop
in XBH% as well (14.9 to 8.8), Slugged +200 higher on Road.Puzzling
about 21 hours ago from
web
Wade LeBlanc - Lucky BHIP reduced opp BA by up to 75 points in '09.
Minor league WHIP averaged ~1.20, '09 MLB @ 1.17 not realistic.about
21 hours ago from
web
Jair Jurrjens - Lucky BHIP (-.022), XERA 52 points higher than actual,
LOB% was .81 - all unsustainable for a .71 K/I pitcher. Regres comingabout
21 hours ago from
web
P Ted Lilly may be back in early May. Deserved 16 Wins (vs. 12 actual)
in '09, 3yr QS in 96 percentile. Mark as a fantasy baseball bargain.9:36
PM Feb 9th from
web
Mets are courting Mike Jacobs. Why? Jacobs struggles v LHP (.213 BA /
.421 SLG), and Daniel Murphy is also a LH? Boat missed on X Nady.9:27
PM Feb 9th from
web
Cliff Lee had foot surgery yesterday. His XERA was 40+ higher than
actual in '09, and LOB% was much like a reliever (.76). Risky selection.9:18
PM Feb 9th from
web
Brandon Webb threw off the mound today and thinks he'll be ready. Lots
of setbacks was eroding our optimism.9:16
PM Feb 9th from
web
Nationals are making push for Chien-Ming Wang. Although his Ws were
inflated, his pre-injury 3 yr sub 1.30 WHIP in the AL is respectable.9:09
PM Feb 9th from
web
Yet another forecasting study from 2009 shows Fantistics Fantasy
Baseball Projections at the top of the field:3:24
PM Feb 9th from
web
David Wright Alert: The height of the Citifield center-field wall will
be sliced in half. The Wright Move. 7:48
AM Feb 9th from
web
Is F Liriano Ready to take off? 3-1 with a 0.49 ERA in the Dominican.
The slider is back and we're buying it.12:39
AM Feb 9th from
web
Here's a handy reference, Roto 5x5 Values for players over the last 5
years:
Anthony A. Perri
Statistician and Publisher -Fantistics Insiderbaseball.com



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