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Around SBN: Interview With UMD Athletic Director, Dr. Debbie Yow

I meant to link to this post earlier, but if you haven't already read it, please do. Dave makes an important point about premium players that many Mets fans seem to miss, and should keep in mind when discussing the team this offseason. Also, at the chance anyone in the Mets front office is reading this, please note the several not so-subtle criticisms of your work.

3 months ago Mos_def_def2_tiny Sam Page 19 comments 0 recs  | 

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good post as usual by dave

its obvious our front office completely failed supplying 2-3war players in the last 2seasons

by viktor06 on Oct 18, 2009 8:09 AM EDT reply actions   0 recs

That didn't sound like so much a criticism to me

It seems like it was pointing out that they way the Mets have constructed their roster is not necessarily bad, but more high risk/ high reward. I’d still rather have Reyes and Beltran on my team and take my chances. Although I guess defending the Putz deal from the M’s perspective could be seen as indirectly criticizing the Mets.

You don't cheer for the Mets. You drink for the Mets.

by Kevin H on Oct 18, 2009 9:37 AM EDT reply actions   0 recs

Its not high reward

The upside of this roster is like 85-88wins and 3 of the 4 potential 6war players are health risks and the last one is coming off a 3.5war season. If we add 3 3+war players, we would be fine

by viktor06 on Oct 18, 2009 10:09 AM EDT up reply actions   0 recs

Hmm

It was enjoyable to read, to be sure. But basically he’s saying “Good GMs get good players to fill out their roster.”

Building a team around a few really good players is one way to build a winning team, but it also introduces a higher level of risk than diversifying equal value over the entire roster.

I don’t think Omar Minaya made a conscious decision to construct his team as 3-4 superstars surrounded by replacement level trash. I think he’s just not a good GM and hasn’t found strong supporting players to fill out those important 15 or so roster spots. It doesn’t seem like an either/or proposition – there’s nothing wrong with having multiple 5 win players on your team. Plus, it’s not as if the Mets went out and spent huge $ on Wright and Reyes (though they did for Beltran and Santana), thereby hindering their opportunity to spend $ on the rest of the roster. In conclusion, I luv oMaR.

by James Kannengieser on Oct 18, 2009 10:12 AM EDT reply actions   0 recs

My initial reaction to the post was similar to this

But I disagree on how it reflects on Omar. Its not that he’s made a decision to construct a team from a few riches and lots of rags, but its also not just that he hasn’t properly evaluated the that he’s brought in either, I think he’s actually done a decent job of that. What the conclusions of this article say about Omar are that he really hasn’t properly evaluated his own roster, regardless of the market (not that he’s done a terribly great job there either). While the expected win value of going with a method of risk/reward vs. a stable and diversified middle ground may be close to linear, the actual realtime decision making cannot be built to reflect the outcomes as average expectations, the values are too volatile on the extreme ends. Say you’re playing in a poker tournament. You have a flush draw on the flop and 5,000 chips, which represents a below average stack, but not desperately small. The pot size is 15,000, and you’re opponent puts you all in. The statistics suggest you should strongly consider making the bet. But what if you’re on the cash bubble? What if the next player to go out wins nothing, and the following player wins his buy-in back plus a little change? If you’re a professional player and play in tournaments weekly, maybe you feel more inclined to take the risk and put yourself in better position to increase your payoff, but if you’re in Vegas for vacation, the risk is a different animal, and you should probably concentrate more on winning something rather than the longshot for a big payday.

What Omar seems to consistently neglect is the less linear contextual factors that apply on the micro scale, decision to decision, and he winds up with a roster that has lots of the pieces you expect in a competitive team, and a team that consistently fails to be more than slightly above average at best. He compounds the risk of having a small, tight “core” of 5+ win players with even more risk in the surrounding elements. He adds the awesome upside and volatility of a 40 year old Moises Alou to a team that desperately needs just a bit of support for the superstars that are already there. He locks himself into declining or erratic players, such as Luis Castillo or Oliver Perez, rather than going with a more dependable option, where the range of outcomes is more limited and therefore more clearly predicted. The method Omar engages in would seem more prudent for the model that is already built on diversification, where the risk is already evenly spread out, and the roster would be served very well with just a little luck, and only marginally hurt by less favorable outcomes. But that’s not what the Mets are. They are lots of wins consolidated into very few players, which also comes with a level of risk that should be buffered with further roster construction, not enhanced.

"All energy flows according to the whims of the great magnet

What a fool I was to defy him"

-HST

by Mark Himmelstein on Oct 18, 2009 3:05 PM EDT up reply actions   0 recs

And to add to that thought

I do think Omar’s scouting acumen is one of his strengths, but his pride also seems to hurt him sometimes. When a player he acquires performs really well, he immediately gets overvalued by the organization. This is how Oliver Perez went from a great acquisition to a NY nightmare. Similar situation with the reliance on Maine, and you can say the same about guys like Jose Valentin, Daniel Murphy, and even Ryan Church, and its why the talk of buying out Frenchy’s free agency is so downright terrifying.

"All energy flows according to the whims of the great magnet

What a fool I was to defy him"

-HST

by Mark Himmelstein on Oct 18, 2009 8:20 PM EDT up reply actions   0 recs

this

"[The Giants] beat us down. We were beat by a grown-man team, a team we want to be like one day. They came in here and took it to us. Out-manned us, out-gunned us. ... It wasn't even close." - Raheem Morris, 9/27/09

by cjmulrain on Oct 18, 2009 8:31 PM EDT up reply actions   0 recs

That is a great article, thanks for the link.

One issue I have with Dave’s analysis, though, is that instead of teams not paying a premium for high WAR players because of fear of risk, it seems possible that they dont pay a premium for high WAR players because the players play themselves out of a market. That probably didnt make any sense, so here is an ancedote:

Pujols is around an 8 (?) WAR player, which means he should get 32 million a year. Very few, if any, teams can afford to pay him that. Essentially, he has performed at such a high level that his performance cannot be adequately compensated. A similar analogy would be a business selling a 60,000 car, or a 15 dollar latte. Both products may be worth the price in an objective sense, but no one can really afford those prices, so the company either has to purposefully decrease quality or just not sell the products.

Pujols would be no better off, in some sense then, being an 8 WAR player then he would be being a 5 WAR player. In both instances, 20 million a year is probably about the most he can hope for. For WAR beyond 5 or 6, he is unlikely to get compensated. This may also be why high WAR players get long term deals, it is the only way they can receive adequate compensation for their services.

I am sure though, that as Dave mentions, the risk of having a high WAR player comes into play as well.

It would be interesting to see if different teams in different markets consistently valued WAR differently. Small market teams (that are well run) may pay 3 million per WAR instead of the 4 million figure that is usually suggested as average. Larger market teams may pay 5 million per WAR.

by Whack8888 on Oct 18, 2009 10:17 AM EDT reply actions   0 recs

But you're working with a false perception

Saying Pujols cant be adequately compensated, while paying 4other players that total less value and more salary doesnt make any logical sense in a market ridden economy. The only objective reason not to sign him for any team, is the risk inherited in investing so much money into one asset

Its just the old stupid ‘nobody should make 30m’ and ‘coffee shouldnt cost 15$’ shenanigans

by viktor06 on Oct 18, 2009 10:45 AM EDT up reply actions   0 recs

hmmmm, good point

by Whack8888 on Oct 18, 2009 11:59 AM EDT up reply actions   0 recs

Wouldnt the possibility of cost controlled players, though, limit the amount of money a Free Agent could get on the market? At some point, teams would drop out of the market for his services, because they can get cost controlled WAR more efficiently, and as teams drop out of the market for his services, his price will have to go down.

by Whack8888 on Oct 18, 2009 12:22 PM EDT up reply actions   0 recs

Yes, cost-controlled players are key

If you wanted to build a playoff caliber team at market rate, you would need a $200M payroll. That shouldn’t really limit the value of Pujols though. I expect Pujols really would get over $30M a year in free agency right now.

But I think Dave’s point is that there’s no reason to overpay for Pujuls either, just because of the limited supply (after all, there is only one Pujuls).

I think the argument can be made though that for a very deep team (which would usually be a team with a strong farm, and lots of cost controlled above replacement level talent), you might have a higher replacement level, and that would increase the relative value of the very best players, because after all you have limited roster spots.

But for the most part, actual teams are looking to address their greatest weaknesses in free agency. And that means replacement level really is the appropriate baseline 95+% of the time. There just aren’t enough of those productive cost-controlled players out there to change that. Those guys just aren’t as easy to find as everyone seems to think.

by acerimusdux on Oct 18, 2009 2:38 PM EDT up reply actions   0 recs

Actually, nevermind, I wasnt saying that the team would pay 4 other players the same as Pujols. I was simply saying that a cap on the demand (not by choice, but simply because other teams dont have enough money) is another possible explanation for the reason teams dont pay high WAR players for the roster spot they leave open.

Going with the coffee analogy, I am not saying people would say, oh 15 dollars is too much for coffee, I will buy 5 inferior cups of coffee for the same price. People would say, oh 15 dollars is too much for coffee, the most I can spend on coffee is 3 dollars.

Risk would be the only explanation for someone spending the same amount of money for the same amount of WAR but over different players. However, I am suggesting that some teams just dont have the budget to pay for high WAR players, decreasing the demand for that player and thus decreasing the price he is able to get. This could supply/demand dynamic could explain why high WAR players are not compensated for the roster spot they leave open, though as I said above I am sure risk management comes into play as well.

by Whack8888 on Oct 18, 2009 12:52 PM EDT up reply actions   0 recs

not bad

but a lot of double speak.

by firejerrymanuel on Oct 18, 2009 11:55 AM EDT reply actions   0 recs

Roster theory

I think that if you had a really deep roster, you could make an argument for a team specific replacement level, which might be higher than an average replacement level. So you could argue in essence that a Pujols or Santana really has more value to an already good team.

In practice though, I doubt that there are many teams that are really that strong. If you had 14-15 good players though, you wold almost certainly have to begin looking to star level talent for upgrade possibilities.

I actually think using team specific replacement levels might be a good way to construct a roster. What would the best 3B on the market be worth to the Mets, for example? Well, you already have a guy there who has averaged about 6 WAR per season over the last 5 years. Even if you moved him, say to LF, you’ve got a young player in Murphy who’s main position was 3B, and who I would project to about a 1 win player there. For the Mets, the baseline at 3B isn’t really 0 WAR, it’s probably over 1 WAR. So that good 3B addition maybe only makes sense to the Mets if the rest of the market, all those with 0 WAR replacement levels, manage to under value the guy by at least $5M.

This can be true not only where you have a great player already, but also if you have some depth in mediocre players. The Mets for example had 4 catchers who posted a positive WAR this year. The Mets could certainly upgrade, as Santos, the best of them, was only +1 WAR. But with Thole returning as well, replacement level should at least be above 0.

With the outfield, on the other hand, the third best outfielder returning next year is Francoeur, who had only +0.4 WAR for the Mets, and +0 overall. And as of right now he’s a starter for this team, not even a bench guy. The Mets actually gave a total of 1123 PA this past season to outfielders who were replacement level or worse, counting Sheffield, Francoeur, Reed, Sullivan, Martinez, and Evans. The Mets actual team-specific replacement level there this offseason must be sub-zero. A 1 WAR guy in this situation is a meaningful upgrade. Three 2 WAR guys maybe even add more than one 6 WAR guy.

by acerimusdux on Oct 18, 2009 3:20 PM EDT reply actions   0 recs

I like the article, but I have a small issue with

“a limit on good players”.

if you are smart about putting your roster together, you can have 25 good players than contribute and not a single superstar, and still make yourself a respectable team.

by fxcarden on Oct 18, 2009 4:43 PM EDT reply actions   0 recs

Wonderfully stated, Dave, with one essential flaw.

I believe you were correct right up to the point where you wrote, “But that’s not what the Mets are.” In fact, that’s EXACTLY what they are, GOING INTO 2010. It’s not what they WERE, but indeed it’s what they have most certainly become. They are a team, NOW, that needs to gamble. The Phillies have only gotten better. The Braves have gotten better. Even the Marlins have an outside shot in 2010 at contending for the division. The Mets are a team that will, in 2010, be bearing the burden of Luis Castillo, Omar Santos, Jeff Francoeur, Daniel Murphy (probably), and Oliver Perez in significant roles; add to that a weak bullpen and an uncertain starting rotation. To win in 2010, not only will the core have to stay healthy and play well, but a number of gambles will have to be taken, and will have to pay off. Having him as your main option sure as hell wasn’t a bright idea in 2008, but If you could get him for $2 million 2010 is exactly the season you would want to give a shot in LF to a 41 year old Moises Alou, and hope he has one more season of 900+ OPS in him. 2010 is also precisely the year you’d sign Delgado for a few million, guaranteed, and hope he can repeat his 2008. Indeed I submit that if the acquisition budget is $20 million or so (as we’ve been playing with on another thread on this site), the worst thing to do would be to spend almost all of it on Matt Holliday and his 6 WAR. What the 2010 Mets will need is to spend that $20 million on (to simplify) 7 guys whose upside is 3 WAR each. If 5 come through, we collect 15 WAR as opposed to Holliday’s comparatively reliable 6 WAR. Matt Holliday isn’t going to help the Mets win the division—the Mets just aren’t good enough this time around. But five longshots paying off just might. I’d rather take a shot at winning 96 games and wind up winning 70, than settle for a sure 87.

It would be perfectly ironic if Omar suddenly turned on a dime and went for reliability when what this offseason cries out for are precisely the kind of gambles that were previously so destructive.

by SeanSchirmer on Oct 21, 2009 5:41 AM EDT reply actions   0 recs

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