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Naming the top three pitching assets in baseball

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Presentation on theme: "Naming the top three pitching assets in baseball"— Presentation transcript:

1 Naming the top three pitching assets in baseball
Katie Gonzales Shane Williams Austin Overmann Nick Klein Megan Tews KG

2 Our top three KG 1 2 3

3 Overview Process of Selection Projection Model Performance Forecast
Valuation Methodology Assessment of Risk KG

4 KG -> SW Process of selection

5 Starting the evaluation
What we initially looked at: Past statistics and trends Concerns with player makeup How it was narrowed down: Players 30+ years old were cut Players with high dollar contracts were cut Players with little to no team control were cut Players recently sustaining major injuries were cut SW

6 CONTINUING the evaluation
FIP- ERA- WAR QS% Avg. IP IP per Start Jose Fernandez 72 58 4.878 71% 172.2 6.1 Chris Sale 76 71 4.838 203 7.0 Madison Bumgarner 87 84 3.848 66% 205 SW

7 SW ->NK Projection model

8 Approach to developing projections
Determined what metrics were most important in evaluating pitching talent Including: FBv, K/9, BB/9, HR/9, FIP, SwStr%, BABIP Then create a metric valuing the above metrics to compare players’ “talent” Then applied the age curve to measure how the “talent” would change during their control years NK

9 NK

10 Performance projection
Make a “comparison” statistic similar to Bill James’ similarity score to determine similar players Ran through players from using a metric that valued these pitching qualities: K/9, BB/9, GB%/FB%, FIP and BABIP This metric was on a scale of about 120 – 220 with some outliers Then use those players and average their change over six years and apply to the player that they were similar to NK

11 First Results Name Age FIP WAR SPR* Rank (79) Comparison*
Clayton Kershaw 25 2.39 6.5 100.00 2 180.16 Chris Sale 24 3.17 5.1 88.014 16 183.56 Jose Fernandez 20 2.73 4.2 98.699 3 173.40 Madison Bumgarner 23 3.05 3.7 92.968 5 170.88 NK

12 Looking at war NK

13 NK -> KG Performance forecast

14 Jose Fernandez Age ERA G IP FBv FIP WAR SwStr% F-Strike% BABIP S% SPR*
Comparison 20 2.19 28 172 94.90 2.73 4.20 0.10 0.62 0.24 0.66 98.70 173.40 21 2.10 183 94.70 4.50 98.76 169.05 22 2.14 184 94.65 2.63 5.08 0.67 100.45 165.84 23 2.46 94.45 2.48 4.59 0.09 0.61 0.34 0.68 87.41 169.13 24 2.11 26 94.35 2.53 4.49 0.63 86.13 163.92 25 2.15 27 174 94.30 4.24 0.08 0.29 91.75 173.84 KG

15 Jose Fernandez KG

16 Chris sale Age ERA G IP FBv FIP WAR SwStr% F-Strike% BABIP S% SPR*
Comparison 24 3.07 30 214 93.10 3.17 5.10 0.11 0.63 0.29 0.67 88.01 183.56 25 2.92 29 223 92.50 2.97 5.90 0.09 0.34 85.11 177.60 26 2.76 222 92.35 6.10 83.99 185.25 27 3.06 209 92.10 5.55 0.64 0.68 83.32 180.91 28 3.01 217 91.70 3.27 5.38 0.08 82.47 180.74 3.14 219 91.30 3.57 4.99 0.65 0.39 76.70 180.20 KG

17 Chris Sale KG

18 Comparing #1 and #2 Minuscule difference Basic and advanced statistics
Present value versus future value

19 Madison bumgarner Age ERA G IP FBv FIP WAR SwStr% F-Strike% BABIP S%
SPR* Comparison 23 2.77 31 201 91.4 3.05 3.70 0.11 0.60 0.25 0.64 92.97 170.88 24 2.68 211 91.18 2.99 4.00 93.1 166.79 25 2.72 213 90.98 2.82 4.58 0.61 0.27 0.65 92.84 163.7 26 3.04 90.38 2.94 4.09 0.10 90.88 166.78 27 2.69 29 89.36 2.78 3.99 0.09 0.62 0.26 93.4 161.86 28 2.73 30 203 89.41 2.8 3.74 93.05 171.14 KG

20 Madison Bumgarner KG

21 Comparing #2 and #3 Significant gap Present value is the downfall
Substantial difference in WAR

22 Translating performance into dollars
KG -> SW Translating performance into dollars

23 salary 2014 2015 2016 2017 2018 Jose Fernandez 635,000 ARB Chris Sale
3,500,000 6,000,000 9,150,000 12,000,000 (12,500,000) Madison Bumgarner 3,750,000 6,750,000 9,750,000 11,500,000 (12,000,000) Clayton Kershaw 4,000,000 30,000,000 32,000,000 33,000,000 33,000,00 SW Jose Fernandez’s second year could increase based on performance, 635,000 is guaranteed  major league minimum Bumgarner’s 2018 salary is guaranteed if pitches more than 200 innings in 2017

24 Surplus value 2014 2015 2016 2017 2018 Jose Fernandez Chris Sale
26,365,000 27,887,500 19,898,750 20,290,000 20,670,000 Chris Sale 26,850,000 25,620,000 24,450,000 24,365,000 25,477,500 Madison Bumgarner 20,500,000 19,372,500 17,448,750 15,795,000 16,416,250 Clayton Kershaw 35,900,000 11,838,000 11,698,000 12,261,000 13,728,000 SW

25

26 Valuation methodology
SW Valuation methodology

27 Salary prediction Impossible to estimate arbitration salary
Similar pitchers receiving extensions Fernandez salary projection: 3 year 33 Million 2016: $10M 2017: $11M 2018: $12M SW

28 SW -> AO Assessment of risk

29 Jose Fernandez Risk Factor: High Why it’s risky:
He only has one year of service in the MLB There is a high flame out rate for pitchers What we believe: Jose Fernandez will have a very successful career Rebuttal: Jose had one of the best rookie pitching seasons of all-time AO

30 Chris Sale Risk Factor: Moderate Why it’s risky:
Chris Sale’s arm action and body type could lead to injuries in the future What we believe: Chris Sale is going to continue to be the #2 LHP in baseball behind Clayton Kershaw Rebuttal: Sale hasn’t had any injury problems since breaking into the majors AO – Mention Surplus Value for our beliefs

31 Madison Bumgarner Risk Factor: Low Why it’s risky:
He’s thrown a high number of innings (614.1 IP) at a very young age (21 through 23) in his 3 full Major League seasons What we believe: Bumgarner, much like Sale will continue to be one of the best lefties in the game Rebuttal: Bumgarner has improved in each of his MLB seasons and hasn’t shown any signs of wear and tear AO – Mention surplus value

32 AO -> MT Player makeup

33 Jose Fernandez Vocally intense Fiery
“Mound presence and makeup are off the charts” – Juan Rodriguez, Miami-Sun Sentinel MT

34 Chris Sale Stays calm while pitching Left Handed
“Strong mental makeup” – Rick Hahn, Chicago White Sox General Manager MT

35 Madison bumgarner Competitive Even-Tempered Left Handed
“His makeup is off the charts” – Bruce Bochy, San Francisco Giants Manager MT

36 KG conclusion

37 Conclusion Starting Pitcher Rating Surplus value Sustainability

38 References Fangraphs. (n.d.). Retrieved from http://www.fangraphs.com/
Petti, B. (2012, May 2). Pitcher aging curves: Starters and relievers. Retrieved from Baseball reference. (n.d.). Retrieved from Silver, N. (2007). Pecota under the hood. Nate Silver, Baseball Prospectus, Retrieved from Silver ppt&oq=Nate Sil&aqs=chrome.0.69i59l2j69i57j0l3.3411j0j4&sourceid=chrome&espv=210&es_sm=93&ie =UTF-8​

39 Objection Starting Pitcher Rating dropped over years of contact.
Ended at in 2018

40 Objection – Part 2 Player IP ERA K WHIP Yu Darvish (25) 190 3.9 221 1.28 Yu Darvish (26) 210 2.83 277 1.07 Justin Verlander (25) 201 4.84 163 1.4 Justin Verlander (26) 240 3.45 269 1.17 Both have roughly a 28% increase in ERA and 17% increase in WHIP from age 25 to 26

41

42 Objection 6 Million Per Marginal Win (WAR)
5% Inflation from previous year Example-(4*6,000,000)*.05+Previous Year Surplus Value

43

44 Objection Justin Verlander 5 year $80 Million Age 27
Felix Hernandez 5 year $78 Million Age 24 Larger markets than Miami

45

46 Objection

47

48 Objection Likely not playing in 2014 season Unknown recovery
Kris Medlen 2nd surgery Brian Wilson Adam Wainwright Jordan Zimmerman Limiting risk


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