January, 2024
2024
Draft Day Preview
One year ago, I wrote about this year's
auction class in glowing terms. With several franchised player contracts
coming to an end all at once, the Class of '24 appeared to be loaded
with talent that was previously untouchable. Mike Trout and Bryce Harper
in the same auction class? Both surefire locks to be first-ballot BDBL
Hall of Famers, and both hitting free agency before the age of 32!
Sadly, or perhaps fortunately, both players suffered injuries in MLB '23
and didn't play the full season. Maybe this is a golden buying
opportunity, or maybe this is the beginning of their inevitable
declines. No risk, no reward!
Trout and Harper are hardly the only
strengths of this class, so let's get right to that.
What are the strengths of this year's auction
class?
Trout (.263/.367/.490 in 362 PA) and
Harper (.293/.401/.499 in 546) may not have the flashy stats they've had
in the past, but both are still major impact players. Both are young
enough to bounce back in MLB '24. The biggest prize of the 2024 auction
is Matt Olson (.283/.389/.604, 54 HR), who is still in his prime at age
30. He could very well fetch $20 million or more, based on past
auctions.
This auction is absolutely stuffed with
impact bats. In addition to the above, buyers will be bidding furiously
for Yandy Diaz (.330/.410/.522), Jose Ramirez (.282/.356/.475), Ozzie
Albies (.280/.336/.513, 33 HR), Brandon Nimmo (.274/.363/.466), Kyle
Schwarber (.197/.343/.474, 47 HR), Francisco Lindor (.254/.336/.470),
J.P. Crawford (.266/.380/.438), Xander Bogaerts (.285/.350/.440), and
seven others with 80+ runs created.
On the pitching side, Luis Castillo
(197 IP, 2.98 CERA), Aaron Nola (194, 3.41), Zack Wheeler (192, 2.83),
Jordan Montgomery (189, 3.25), Sandy Alcantara (185, 3.54), Freddy
Peralta (166, 3.15), and Merrill Kelly (178, 3.22) all offer full-season
workloads and top-of-the-rotation numbers. The market for closers
consists of Josh Hader (2.16 CERA in 56+ IP), Matt Strahm (2.57 in 87+),
and Peter Fairbanks (2.13 in 45+).
If you're looking for a buy-low
opportunity on a perennial all-star, maybe Nolan Arenado
(.266/.315/.459), Willy Adames (.217/.310/.407), George Springer
(.258/.327/.405), or Chris Sale (3.39 CERA in 102+ IP) would interest
you.
What are the weaknesses?
If you desperately need a full-time
starting pitcher, be prepared to open your wallet nice and wide, because
there are only a dozen pitchers in this entire auction/draft with 170+
innings. Two of those dozen are Patrick Corbin (5.43 CERA) and Lance
Lynn (5.24). Four of those dozen are on the wrong side of age 35, so
buyer beware when going Type-H with a guaranteed two-year contract after
this season. Remove all of the elderly and awful from this draft, and
there are only six pitchers who are younger than 35 with a CERA lower
than 4.00.
As of the time I am writing this, there
are only two relievers in the auction, which is a departure from past
years. Brandon Woodruff, who pitched only 67 innings in MLB '23 and is
out for all of MLB '24, posted a 1.80 CERA and could be used in relief,
theoretically. Otherwise, teams looking for a closer are S.O.L.
If you need a catcher, well, sorry, but
you'll probably have to wait until the draft. There is only one (Mitch
Garver) in the auction and he only had 344 PAs last year.
What about the draft class?
As mentioned above, if you are in the
market for a quality reliever, you're much more likely to find one in
the draft than in the auction. Hector Neris (2.40 CERA in 68+ IP), Hoby
Milner (2.12 in 64+), Jose LeClerc (2.58 in 57), Jake Diekman (2.91 in
56+), and Gregory Soto (2.85 in 60+) are arguably the best of the lot.
If you're shopping for the type of
player who stumbled over the past year or two, but could regain his
former all-star form, this draft class offers the likes of Jacob deGrom,
Chad Greene, Madison Bumgarner, Luis Severino, Alex Wood, Kenta Maeda,
D.J. LeMahieu, Michael Conforto, Anthony Rizzo, Javier Baez, Kris
Bryant, Gary Sanchez, Starling Marte, Paul DeJong, Mitch Haniger, Trevor
Story, and Mike Zunino.
How much money is out there this year?
The word "shit-ton" doesn't seem to be
strong enough to describe the amount of money to be spent this winter.
Over $2 million per player nearly matches the all-time auction-era
league record.
|
Year |
Total cash
available ($MM) |
# of free
agents needed |
Cash per
player ($MM) |
$ spent in
auction
($MM) |
| 2003 |
$557.1 |
360 |
$1.55 |
$328.5 (59%) |
| 2004 |
$606.2 |
343 |
$1.77 |
$363.5 (60%) |
| 2005 |
$498.2 |
292 |
$1.71 |
$318.0 (64%) |
| 2006 |
$621.3 |
327 |
$1.90 |
$341.5 (55%) |
| 2007 |
$569.0 |
296 |
$1.92 |
$364.5 (64%) |
|
2008 |
$595.5 |
320 |
$1.86 |
$324.0 (54%) |
| 2009 |
$543.3 |
292 |
$1.86 |
$289.5 (53%) |
|
2010 |
$417.5 |
261 |
$1.60 |
$289.5 (69%) |
|
2011 |
$472.9 |
295 |
$1.60 |
$269.0 (57%) |
|
2012 |
$361.0 |
267 |
$1.35 |
$214.5 (59%) |
|
2013 |
$511.8 |
293 |
$1.75 |
$272.0 (53%) |
|
2014 |
$489.0 |
297 |
$1.64 |
$296.5 (61%) |
|
2015 |
$352.5 |
275 |
$1.28 |
$201.0 (57%) |
|
2016 |
$540.9 |
291 |
$1.85 |
$278.5 (51%) |
|
2017 |
$589.7 |
306 |
$1.93 |
$294.0 (50%) |
|
2018 |
$505.9 |
295 |
$1.71 |
$253.0 (50%) |
|
2019 |
$523.6 |
284 |
$1.84 |
$274.0 (52%) |
|
2020 |
$573.2 |
316 |
$1.81 |
$295.5 (52%) |
|
2021 |
$542.7 |
265 |
$2.05 |
$343.5 (63%) |
|
2022 |
$539.5 |
274 |
$1.97 |
$321.5 (60%) |
|
2023 |
$494.3 |
275 |
$1.80 |
$318.5 (64%) |
|
2024 |
$514.0 |
256 |
$2.01 |
TBD |
If past trends hold, we'll see over
$300 million spent in the auction alone. That would make this a
four-year trend after twelve straight seasons below $300 million.
Which teams will be spending all that money?
The Jacksonville Jackalopes lead the
pack with $50.6 million in spending cash. This is only the fourth time
in auction history that a team has a budget of more than $50 million. If
you hold the belief that money can buy happiness in the BDBL, you should
probably be reminded that Tim Chubb had a near-record $54.8 million to
spend last winter and finished with 100 losses.
After the Jackalopes, the Chicago Black
Sox ($46.1M), South Loop Furies ($35.6), Virginia Sovereigns ($33.8),
and Las Vegas Flamingos ($29.6) round out the top five in overall
spending bucks. On a per-player basis, the Furies ($5.1M) own the lead,
with the Flagstaff Peaks ($4.4) and Darien Blue Wave ($4.0) trailing
close behind. No other team has more than $3 million per player to spend
this winter.
On the opposite end of the spectrum,
the Niagara Locks ($5.5 million overall and only $600,000 per player)
will barely participate in either the auction or draft this winter. The
Charlotte Mustangs ($3 million) are likely shut out of the auction as
well, but have only three roster spots to fill. The D.C. Memorials
($5.5M for 5 players) are in the same boat.
Should I save my money for 2025?
The Class of '25 may be the strongest
pitching class we've ever seen. It is highlighted by the reigning AL Cy
Young, Gerrit Cole. It also includes the runner-up for AL Cy Young,
Sonny Gray, and two others (Framber Valdez and Corbin Burnes) who
received votes for Cy Young last year. In addition, the '25 class
includes Clayton Kershaw, Eduardo Rodriguez, Nathan Eovaldi, Jose
Berrios, Ranger Suarez, Max Fried, and Clay Holmes.
The hitters who will be available in
2025 are not nearly as impressive. The class is highlighted by a couple
of high-octane middle infielders, Luis Arraez and Trea Turner. In
addition, the class will include Ketel Marte, Christian Yelich, Willson
Contreras, Marcus Semien, Tim Anderson, J.D. Martinez, Mark Canha, Yuli
Gurriel, Jorge Polanco, and Brandon Belt. |