January, 2007
2007
Draft Day Preview
You've got questions.
I've got answers.
How strong or weak is this year's auction
class?
Despite all the talk from a year ago,
this year's auction class ranks as the weakest in auction history in
terms of total VORP:
2003: 2006.9
2004: 2210.3
2005: 2155.9
2006: 1903.2
2007: 1858.0
The top of the draft is very strong.
Johan Santana is the 10th-best free agent in auction history (in terms
of VORP), and is in the prime of his career at 27 years old. And
no auction class to date has had two pitchers the caliber of Santana and
Chris Carpenter. Add John Smoltz to that group, and you've got
three Cy Young-caliber pitchers in one auction.
In addition, there are several
MVP-caliber hitters, including David Ortiz, Manny Ramirez, Jermaine Dye,
Carlos Guillen, Miguel Tejada and Chipper Jones. In fact, if you
look only at the top ten players in the auction, this class doesn't look
bad at all (especially when you consider that Barry Bonds accounted for
147.4 and 144.4 VORP points in 2003 and 2005):
2003: 729.6
2004: 680.8
2005: 762.0
2006: 621.8
2007: 654.2
Where this auction class really gets
ugly is at the bottom. Four of the six worst players (in terms of
VORP) ever to appear in the auction are in this year's class.
(Only Brian Boehringer in 2003 and Shawn Chacon in 2004 were worse than
the quartet of Adrian Beltre, Juan Pierre, A.J. Pierzynski and Scott
Hatteberg.) Add in Solomon Torres and Morgan Ensberg, and you've
got six of the top ten worst free agents in auction history. Add
Greg Norton, Darren Oliver, Luis Castillo and Ty Wigginton, and you've
got 10 of the sixteen worst free agents in auction history. You
get the picture.
What about the draft class?
Up to now, the 2006 auction class was
the worst in league history. But the draft class (Barry Bonds,
Jason Schmidt, Curt Schilling, Javier Vazquez, Scott Rolen, etc.) was so
strong, it made up for any weaknesses in the auction, and gave people
something to look forward to in January. Can we depend on this
year's draft class to pick up the slack just as much?
Well...in a word...no.
There is virtually no one remaining in
the draft class who would be considered an "impact player." Brian
Giles, Tim Hudson, Aubrey Huff, Jose Vidro, Duaner Sanchez, Ruddy Lugo
and Ken Griffey, Jr. are pretty much the cream of the crop.
In terms of players with potential 2008
value, Pedro Martinez, Marcus Giles, Eric Chavez, David Eckstein, Trot
Nixon, Jose Cantu, Brad Lidge, Jason Varitek and Kerry Wood are probably
the best of the lot.
With 2007 being the first year of the
$7.5 million round, speculation is that someone will use one of those
picks to snag Martinez. But other than Pedro, it is difficult to
justify spending $5 million or more on any of these players. More
than ever before, having an early draft pick is not much of an
advantage.
How much money is out there this year?
All we've heard for weeks now is how
much free cash is floating around out there this year. How does
this year rank with past years?
|
Year |
Total cash
available |
# of free
agents needed |
Cash per
player |
$ spent in
auction |
| 2003 |
$557.1m |
360 |
$1.55m |
$328.5m (59%) |
| 2004 |
$606.2m |
343 |
$1.77m |
$363.5m (60%) |
| 2005 |
$498.2m |
292 |
$1.71m |
$318m (64%) |
| 2006 |
$621.3m |
327 |
$1.90m |
$341.5 (55%) |
| 2007 |
$569.0m |
296 |
$1.92m |
?? |
Yep, there's a lot of money out there,
all right. In terms of dollars per player, we've set a new record.
Combine that with the worst draft class in league history, and you have
the perfect recipe for careless overspending.
|
2007 DFV's |
| Santana |
$11.8m |
| Guillen |
$11.8m |
| Tejada |
$11.8m |
| Abreu |
$11.8m |
| Carpenter |
$10.5m |
| Smoltz |
$10.5m |
| Jennings |
$10.5m |
| Zito |
$10.5m |
| Ortiz |
$7.7m |
| Dye |
$7.7m |
| Ramirez |
$7.7m |
| C.Jones |
$7.7m |
| Durham |
$7.7m |
| Rogers |
$6.7m |
| Delgado |
$6.7m |
| Garland |
$6.7m |
| Helton |
$6.0m |
| Sheets |
$6.0m |
| Radke |
$6.0m |
| Beltre |
$6.0m |
| C.Lee |
$5.9m |
| Sabathia |
$5.9m |
| Rollins |
$5.9m |
| Glavine |
$5.9m |
| Renteria |
$5.9m |
| Drew |
$5.9m |
| Baldelli |
$5.9m |
| Putz |
$5.9m |
| Re.Johnson |
$5.9m |
| Maddux |
$5.9m |
| Ram.Hernandez |
$4.3m |
| Garciaparra |
$4.3m |
| Alou |
$4.3m |
| Geary |
$4.3m |
| Helms |
$4.3m |
| Wheeler |
$4.3m |
| Hoffman |
$4.3m |
| Feliciano |
$4.3m |
| I.Rodriguez |
$4.3m |
| Blake |
$4.3m |
| Oliver |
$4.3m |
| Norton |
$4.3m |
| Wigginton |
$4.3m |
| Torres |
$4.3m |
| Ensberg |
$4.3m |
| Pierre |
$4.3m |
| Pierzynski |
$4.3m |
| Hatteberg |
$4.3m |
| Aurilia |
$3.4m |
| Castillo |
$3.4m |
Last year, we set several auction
records and 37 out of the 50 free agents were made "Type H" players
(tying a record.) But auction prices were somewhat deflated by a
very strong draft class. Teams held off on spending big money in
the auction, choosing to save that money for the draft instead.
But with such a pathetic draft class, don't expect to see that pattern
repeated this year.
My prediction is that almost each one
of those names on that list to the right goes for $1-$3 million above
his DFV. With so much money to spend, and so few worthy players to
spend it on, it almost makes fiscal sense to drastically overpay for the
best of this group -- especially if you plan on competing this year.
What is the risk level for this year's free
agent crop?
Compared to past years, this year's
auction class is relatively risk-free. Santana and Carpenter are
in the primes of their careers. Smoltz is getting up there in age,
but is showing no sign of collapse. Tejada, Abreu, Ortiz, Dye,
Ramirez, Jones, Durham, Delgado, Lee and Helton are about as consistent
as it gets in baseball. And Guillen has quietly had three good
seasons in a row now.
Sheets and Drew are always injury
risks, but they also have considerable upside. Maddux and Rogers
are on the wrong side of 40, and Radke is an old 34. But Radke has already retired, and Maddux and
Rogers don't seem to be slowing down.
Zito just moved to the National League,
and into a nice pitcher's ballpark, so he carries little risk as well.
Jennings doesn't have a dominant track record, but he's still young and
has room to grow.
The rest of the group consists of
players who probably shouldn't be signed to more than $5 million, but
probably will be, anyway. They'll be one-year contributors, then
likely will become one-year albatrosses.
Which teams do we need to keep an eye on?
In terms of total spending money,
everyone knows the Hammerheads lead the pack, with $48.4 million.
But having a lot of money to spend doesn't guarantee success. Just
ask the 2006 Wapakoneta Hippos, who had a BDBL-record $52.5 million to
spend in last year's draft, but finished with a .500 record. With
Marlboro reportedly focused on rebuilding (at least, for now), they will
probably spend the bulk of that money on players with probable '08
value, and will undoubtedly use their #1 tie-breaker to be as much of a
nuisance as possible to the rest of the league.
In terms of total spending dollars, the
Allentown Ridgebacks ($41.8m) are #2, followed by Los Altos ($37.8m),
Manchester ($35.9m) and Nashville ($34.4m.) The Ridgebacks are
somewhat of a wild card at this point. With so many holes to fill
on their roster, it is unlikely that they'll be spending big bucks on
any one player. But you never know. Those last three teams,
however, are particularly scary, because they already have good teams in
place before they even spend a dime.
The Undertakers need only a couple of
outfielders, a starting pitcher and maybe a couple of middle relievers.
And they have $37.8 million to spend on just 9 players! They could
easily sign Johan Santana and Manny Ramirez, and still have plenty of
money left over for that #4 outfielder or middle reliever.
The Irish Rebels' pitching staff is
pretty much set. All they need is a catcher, first baseman, second
baseman and a corner outfielder. With $35.9 million to spend, that
should be enough to fill those holes pretty well.
The Funkadelic have $34.4 million to
spend, and only 8 positions on their roster to fill. They'll be
competing with Manchester for the rights to Ivan Rodriguez, and with
third base open, you could probably order your Nashville jersey with the
"C.Jones" stitched into the back right now. More than anything,
though, the Funk need pitching. Expect to see some BIG bucks
thrown toward the groundball-pitching Carpenter, who would be the
perfect fit in Nashville's homer haven.
And don't forget about the Kansas Law
Dogs. The 'Dogs only have $19.3 million to spend, but they have
only 6 spots on their 35-man roster to fill. That's an average of
$3.2 million per player, which ranks behind only the Funk, Undertakers
and Atlanta Fire Ants. The Kansas pitching staff and infield are
pretty much set (though they could use an upgrade over Grudzy at
second.) All they need are two corner outfielders, and there are
plenty of good ones available in the top half of the auction.
Please tell me the Class of '08 looks better
than this?
Well, as of this writing, Milton
Bradley, Rafael Furcal, Pat Burrell, Billy Wagner, Magglio Ordonez,
Aramis Ramirez, Jim Edmonds, Travis Hafner, Mark Buehrle, Jeff Kent,
Paul Konerko, Josh Beckett, John Lackey, Jason Giambi, Andy Pettitte,
Michael Young, Randy Johnson, Mark Mulder, Brad Penny, Mariano Rivera,
Joe Nathan, Jorge Posada, Brian Roberts, Troy Glaus, Freddy Garcia, Curt
Schilling, Mike Cameron, Brett Myers, Nick Johnson and Gary Sheffield
look to be the best of the lot. Talk about a mixed bag.
Oh, and we'll also do the Roger Clemens
and Barry Bonds Sweepstakes all over again -- which is always fun. |