Auction Post-Mortem: How my plan played out
This is probably going to be a pretty big post which will
have to go up in segments. I am hosting a design meeting later today that I
have to prepare for and won’t have time to finish this properly. As you may have
noticed by now I don’t really edit anything so let’s see how this goes.
Part 1: Deciding Your Keepers
We have to submit our keepers normally on March 1st
with our auction anywhere around the 15-20th of March. This year we
had some members away on vacation so we had to have our auction on March 1st
which meant our keeper list went in on Feb 17th – or about 2 games
into Spring Training. This presented some new wrinkles that we hadn’t dealt
with before.
The general rule of thumb for your keepers is that if you
can get them cheaper at the auction than what you’re keeping them for you let
them go. You may also have players that you could not get cheaper at the
auction but you are uncertain about how they’ll do in the upcoming season and
therefore don’t really want to keep them. Falling into this category for me
this year was Jim Johnson ($23) and Joe Mauer ($22). Then there are the guys
that are way overpriced but come at scarce positions and someone is likely to
want them given inflationary factors. For me this was Cano ($46).
For guys that you will be keeping their value is directly
related to how much of a bargain they are. Say for example, I had Cespedes for
$12 going into this year and he’s likely a $26 player then that’s a steal. I
can use that $14 I ‘save’ on Cespedes to overspend on another position or two.
That makes him extremely valuable. If someone offered their $31 Bautista to me
for my Cespedes I’d tell them where to go and how to get there. Of course if
they were both the same price I’d likely take Bautista every time (personal
preference). This can turn average players into valuable commodities and
excellent players into waiver fodder. A $7 Jake Peavy is way more valuable than
a $20 Chris Sale even though you’d take Sale over Peavy any day of the week.
My roster going into this year before cuts was:
Billy
Butler
|
1B
|
31
|
Chril
Tillman
|
P
|
8
|
Coco
Crisp
|
OF
|
20
|
Curtis
Granderson
|
OF
|
39
|
Edwin
Encarnacion
|
1B/3B
|
23
|
Stephen
Drew
|
SS
|
6
|
Elvis
Andrus
|
SS
|
34
|
Eric
Thames
|
OF
|
6
|
Hiroki
Kuroda
|
P
|
20
|
Jim
Johnson
|
P
|
23
|
Jake
Peavy
|
P
|
7
|
Joaquin
Benoit
|
P
|
7
|
Joe
Mauer
|
C
|
22
|
Joel
Peralta
|
P
|
6
|
Kendrys
Morales
|
1B/OF
|
19
|
Matt
Harrison
|
P
|
9
|
David
Robertson
|
P
|
6
|
Michael
Saunders
|
OF
|
9
|
Robinson
Cano
|
2B
|
46
|
Max
Scherzer
|
P
|
30
|
Vinnie
Pestano
|
P
|
12
|
Zack
Greinke
|
P
|
39
|
At this point I generally use a stop light on each guy.
Basically green = keep, yellow = maybe and red = cut. Greinke was out as he
went to the NL.
Reds were: Pestano, Cano, Peralta, Kuroda, Thames, Andrus,
and Granderson.
Yellows were: Scherzer, Saunders, Robertson, Harrison,
Morales, Mauer, Benoit, Johnson, Butler, Coco and Tillman.
Greens were: Peavy, Encarnacion and Drew.
When I decide on keepers I value stability highly. I am more
than willing to spend money on a $31 Billy Butler who may not produce at the $31
level but will hit .290, 20, 90 almost guaranteed with the potential for more
rather than a $35 Josh Hamilton who could be amazing or mediocre. At auction
I’ll take more chances but with keepers I want to know what I’m paying for. Now
you might notice that none of Peavy, Drew or Encarnacion are sure-things which
is true but for their prices its well worth the investment.
Now my eye turns to trades I can make. To do this I look at
all of the other rosters and try to identify players that I will value more
than my competitors at their prices. At the same time I’m also projecting
keepers on other teams to determine which positions will be shallower than
others. Almost automatically I noticed that catching was quite deep this year
for us. We take 10 catchers of the 15 with starting jobs and there were up to
12 catchers that given their price I could stomach playing for my team. This
made Mauer and his $22 price tag expendable. For outfield I came to the opposite
conclusion. Based on some of the projected keepers I made it looked like there
would be very few ‘sure-things’ available and that apart from the elite (Trout,
Bautista, Cespedes, Jones, Gordon, etc)
who were all kept there wasn’t much. Guys like Ellsbury, Melky, Suzuki,
Granderson and Cruz were all available but all are highly volatile. Granderson
of course broke his forearm right before our auction so he was off the table. I
decided that at the very least I wanted one outfielder that I had a reasonable
level of confidence in and was well rounded. To achieve this I dealt Cano ($46)
and Mauer ($22) for Alex Rios ($18). Cano is obviously elite and 2B looked to
be a wasteland but I just won’t pay more than $40 for anyone as a keeper unless
your name is Miguel Cabrera. The way the Yankees look this year I just can’t
see him producing the same numbers as last year. Rios should be a 20/20
outfielder and for $18 I was sold. That’s not exactly a steal but at least it
gave me one OF that I could be certain of.
Gotta do work now. ‘Til tomorrow....
Someone just pointed out to me that they would keep Hamilton at $34 everyday of the week and twice on Sunday over Butler at $31. My point is not that Hamilton could very well be worth more than Butler and more than his $34 price tag. My point is that Butler's floor level production is likely higher than Hamilton's floor level production. Butler is one of the most stable hitters in the game and Hamilton is one of the most volatile. How will the move to LA work out? Who will protect him in the lineup? What about the move to a pitcher's park? Will he get hurt and for how long? For a keeper I want stability. Hamilton would have been someone I'd take a shot at in the auction. Butler is someone I want so that I am able to gamble elsewhere.
ReplyDeleteHello Mr. Doolittle: I've followed your work for years. Your point about Butler being more dependable than Hamilton is valid. IE: Butler is a CDN bank stock. Conservative, predictable, and will get you a solid return come seasons end.
DeleteJosh Hamilton is LinkedIn or Facebook. Much more risk attached out of the gate.
As for whom will protect him in the line-up? Hamilton will be protected like Fort Knox in contrast to your boy BB.
Full disclosure... I own Josh Hamilton at $34 as a keeper from 2012. And LOVE the investment. I also own Facebook stock and LOVE the investment.
Regards,
Volatile Smith