Monday, November 21, 2011

Why Melky Cabrera Scares the Shit Out of Me

The Giants traded Jonathan Sanchez for Melky Cabrera early in the offseason, culminating what could be their biggest deal unless plans change. While I agree that Sanchez more than likely was never going to figure things out and be a legitimate starter I also would describe my confidence in Melky Cabrera as very skeptical at best.

Our primary need as an organization is obviously at SS and I feel that should have been more heavily targeted. CF is obviously an issue but not to the same degree. Despite Andres Torres having a down season in '11 and missing a good portion of the year to injury he still put up good WAR numbers while he was in. In 398 AB he was accountable for 2.1 WAR thanks largely to his stellar defense. While his batting average disappeared he still managed to put up a .312 OBP. He played at 24 points under his career BABIP which could be due to his injury or chance, or both. Regardless, after an off season of rest he was more than likely to be close to the speed he showed us in '09 and '10. While I can't see him putting up equal ISO or wRC+ numbers in the 2012 season they should at least regress to his career average, putting him at roughly a 3.5 WAR center fielder. Also a consideration is Torres's age, as he will turn 34 before the 2012 season. Whatever the case of his overall health he may begin to experience the typical signs of regression in older players, making him slightly riskier.

2012 Projections for Torres:
Best Case: 140 Games, 650 PA, .265/.345/.455
Realistic: 120 Games, 475 PA, .245/.330/.400
Worst Case: 105 Games, 480 PA, .220/.310/.335

Cabrera had a great 2011, putting up good offensive numbers and playing a passable center field. Single-season UZR numbers are shaky at best, but Cabrera has never been a great fielder. This could be an issue given the dimensions of AT&T but we'll have to see when the season starts. Beltran had the range of a a rusty unicycle in a pool full of maple syrup and he did alright in RF so maybe Cabrera will be decent. At any rate he certainly won't come close to Torres's defensive abilities, or even Rowand or Ross.

Obviously the reason the Giants traded for him is his offensive production. In 2011 he put up a .305/.339/.470 slash line in 155 games, career highs in all categories. An OPS of .809 is certainly nothing to cough at especially considering the position, but there are a lot of factors that raise doubt to the likelihood of a repeat performance from Cabrera.

Cabrera's BABIP was artificially high in 2011 at .332, 33 points above his career average. His power also seemingly came from nowhere, posting a career high in ISO and home runs. If this is sustainable it will almost guarantee his worth by itself, but the complete lack of consistency is obviously worrying.

Despite putting up a good OPS and batting average Cabrera still failed to get on base at a good rate for a assumed leadoff hitter. His plate disciple is bad at best, and in 2011 he has his worst season in both BB% and K%, with 5% and 13.3% respectively. His career averages are somewhat better but still fairly bad at 7.4% and 12%.

He has some speed as evidenced by 20 steals in 2011, but he was also caught stealing 10 times. A success rate of at least 70% is necessary to be worthwhile, the good news being he's managed that in the past and has a career success rate of 74%.

Other than Pablo Sandoval Melky Cabrera would have been the most valuable position player on the Giants in 2011, but somehow that still doesn't reassure me. His season in 2011 was the definition of fluky and I still dont buy that random chance and the bandbox he played in last year didn't arbitrarily inflate his numbers. He is several years younger than Torres and has a higher ceiling, but I'll still be skeptical until he's established himself at AT&T. As a switch hitter AT&T will be friendly to him as a righty but may see his production disappear from the left. His career wRC+ from the left is slightly better than from the right, but in 2011 the opposite was the case.

2012 Projections:
Best Case: 155 Games, 700 PA, .320/.335/.460
Realistic: 140 Games, 550 PA, .285/.315/.425
Worst Case: 135 Games, 500 PA, .250/.305/.360

Discarding injury potential, the possibility of Cabrera's 2011 season being a fluke, and their age difference (obviously a lot to simply discard, bear with me) the difference between these two offensively basically comes down to OBP vs SLG. They're both fast with the potential for 20 SB, but in a leadoff hitter OBP should be prioritized, especially considering the fact Torres also has power potential.

Not only will Cabrera have to play well enough to keep pace with Torres offensively, but play so much better than him that he mitigates the difference between their defenses as well (up to ~1.5 WAR over a full season)

Joe Panik is Good, Freddy Sanchez is Not

Joe Panik just finished in the Arizona Fall League and tore it up as he did in low A this summer. The fact he was so quick to sign allowed him to get in half a season of pro ball. He projects to be a good second basemen so I thought I'd look at what Panik has done so far and the history of some of the Giants other recent second basemen.

Panik did quite well in Salem, posting a .341/.401/.467 line with 10 doubles and 6 home runs in 304 PAs. Scouts have said his swing is a bit long but he actually drew more walks than he struck out, finishing with 28 BBs and 25 Ks. Whether or not he'll go up to AA in the spring remains to be seen, but given his time in the AFL I'm assuming he'll be moving up quickly.

He was recently named to the AFL All-Star team after putting up a .323/.394/.473 line with 6 doubles and 2 home runs in 93 ABs. He again displayed his patience at the plate, walking 9 times while striking out 10.

He was drafted as a shortstop but profiles more as a second baseman. I've heard comparisons to Freddy Sanchez and Jeff Keppinger but he seems to project as quite a bit more valuable than either one of those players. Both Freddy and Kepp are known as extreme empty-batting-average hitters with Sanchez hitting a career .297 with a .335 OBP and has struck out more than twice as often as he's walked. Through his career Keppinger has hit .281 with a .332 OBP but has actually walked more often than he's struck out, although he does very little of either one.

Neither batter has much power (.384 & .388 SLG) which combined with their lack of walks has actually led both of them to have career OPS+ below 100. Even during Sanchez's 4 full years with the Pirates which were easily his best he still put up a 99 OPS+.

Don't get me wrong, I like Sanchez a lot and Keppinger definitely came through for us a few times late in the season when almost no one else was. Compared to our other current options at second base it's pretty easy to see that Sanchez > Fontenot > Burriss, but Jeff Kent at This Exact Moment Wearing an Eyepatch > Fontenot > Burriss so the choice isn't exactly a hard one. I'm just not sure how adding one good hitter (Posey) and one nearly league-average one is supposed to save our offense.

That was a bit of a tirade but back to my original point, Joe Panik is good. Despite being profiled with Sanchez and Keppinger he has more developed tools and entered pro ball two years earlier than they did. Obviously his numbers aren't a concrete definition of who he will be as he's only played in A- for half a season but compared to what Freddy and Kepp did in their time at A- & A it's fairly impressive.

Sanchez @ A- & A (22): .295/.358/.407 BB/SO: 20/35
Keppinger @ A (22): .276/.344/.404 BB/SO: 47/33
Panik @ A- (20): .341/.401/.467 BB/SO: 28/25

Then again, Jeff Kent put up .224/.318/.429 33/81 as a 21 year old in A- so maybe I'm completely wrong. I think the most reasonable assumption to draw from that is Panik is roughly 16% better than Jeff Kent. I think that's realistic.

While I initially started writing this as a comparison between three young second basemen it sort of devolved into a rant against the importance of batting average. My point being, Joe Panik is good. He doesn't have anything that's flashy or that stands out but he isn't really bad at anything either. He hits for average, has power potential, great plate discipline, and plays second base well. He has some speed too with 13 SB in Salem. The next big hurdle will be offensively punishing AA, but I'm excited to see how he does. If he keeps up his pace he could easily be in the Giants starting lineup in the next couple years.

A Few 2012 Starting Pitcher Thoughts

My more intense baseball-nerd friends are getting ready for the 2012 Fantasy Draft. I've been researching starting pitchers a lot recently and had a few thoughts about a handful of players I believe are underrated or overrated. A lot of these picks will be focusing on the NL & AL West, especially the Giants.

Underrated:

Madison Bumgarner
As a Giants fan I'm not sure how well known MadBum is to those outside the NL West despite his great postseason performance in 2010. However I still believe he is relatively unknown for the caliber of pitcher he is, especially after his terrible beginning to the season when he went 3-9 with a 4.06 ERA including the June 21st meltdown where he posted 8 ERs in a third of an inning.

However, a lot of this can be attributed to a very fluky .342 BABIP and the Giants historically bad offense. During this initial stretch Bumgarner received a decision in 12 of the 15 games he started, and in 7 of those games the Giants put up 1 run or less.

Though his ERA suffered heavily for this his peripherals were all outstanding during that stretch, allowing only 4 home runs in 84.1 IP, which tracks to 10 in a season. His SO/BB ratio stayed very strong at 2.75 while his HR/9 was 6th best in the majors. Adjusting his 93 hits to a more reasonable .300 BABIP yields 81.5, which combined with his 24 walks yields a more acceptable 1.25 WHIP. His FB/HR% seems likely to regress in the coming year but Dave Righetti seems to be some sort of wizard at preventing home runs, as all of San Francisco's starters have consistently low home run rates. Matt Cain actually owned the lowest HR/FB% in the majors by nearly a percent and a half at 3.7%. While some would quickly attribute this to the fact he plays half his games at AT&T, Cain only had one more home run pitching away than he did at home with five & four, respectively. Bumgarner had twice as many home runs away than he did at home, but still held his season totals to 4 at home and 8 away.

After that terrible start against the Twins he seemed to find a bit more control, and perhaps the whole first third of his season can just be put up to sample size. His season numbers after the previously mentioned start are truly impressive, throwing 120.1 innings at 2.62 ERA & 1.088 WHIP coupled with a gaudy 5.68 SO/BB ratio.

According to FIP, xFIP, tRA, and SIERA Bumgarner was the 4th, 7th, 7th, and 8th best pitcher in the MLB this last year. The player with the most similar advanced metric rankings and peripherals to him in the 2011 season was Justin Verlander, and he actually had a pretty good year. BABIP is obviously not the only difference between the seasons they had but it does cast a lot of light onto it, Verlander enjoyed a season of .236 BABIP, which is ridiculously unsustainable, while Bumgarner's settled at .322. Part of this is obviously due to park differences, different levels of defensive skill, and random chance, but in the long run BABIP fluctuates randomly and almost always averages out.

The last remarkable thing about Bumgarner is the fact that he just turned 22 in August and has already put up a 5.5 WAR season. The Giants have him under team control until 2017 and should see him be far and away the best WAR/$ pitcher in their rotation at least until he hits arbitration. Tim Lincecum and Matt Cain obviously make a formidable duo but the next few years might see Bumgarner become the best pitcher on an already outstanding staff.

2012 will see the Bum put up around 210 innings at 2.9 ERA. At 6'5" and 225 he's built for a large workload, and coupled with the fact that he has a very low-stress delivery should ensure he'll be healthy all season. He could easily be the ace of most rotations, but should go fairly late in the draft.

RotoChamp Ranking: 21st
My Take: If his BABIP simply regresses to the mean he's an easy top 10. I'm placing him at 8th.

Matt Cain
I really wish that I could put Cain up as underrated, but sadly I think this may finally be the year that people recognize that he is arguably just as good as Lincecum. Lincecum will definitely put up more K's, but Cain allows less walks and home runs. They both finished the season with an ERA near 2.8, and Cain actually had Lincecum beaten in most of the advanced metrics other than xFIP which notoriously hates Cain. Cain again topped Lincecum in WAR, with 5.2 and 4.4. Given the fact that Cain has gotten a bit better every year while being insanely consistent he's a better fantasy pick than The Freak.

Expect 220 IP, 2.95 ERA, 1.075 WHIP with 180 K's. He'll probably finish the season 11-13 though because at this point I'm convinced he's doomed. I'm not sure how many pitchers have six seasons of 4 WAR baseball with a 3.3 ERA and have a losing record, but it can't be a long list.

Rotochamp Rank: 9th
My Take: 6th
I'm such a homer.



Overrated:
As a side note to most of these picks, obviously quite a few of them are going to sound insane. Most of these players will obviously be big contributors to their teams, but for a multitude of reasons won't be able to put up the same numbers they did the season before either due to a fluky season helping them out tremendously or signs pointing toward their regression.


Jered Weaver
Weaver had a career year and took a hometown discount to stay with the Angels when he undoubtedly could have made more in the FA market. It's hard to say a guy whose ERA never even got as high as 2.5 is overrated, and in fact I do think Weaver will put up another solid season next year. You can count on him for at least 15 wins and a WHIP of 1.15 or less, but hoping for a sub-3 ERA would certainly be optimistic.

The last two years have seen improvement in H/9, BB/9, and minor improvements in HR/9, which have obviously led to his shiny ERA, second only to Verlander. His SO/9 has stayed unchanged over the last 6 years other than a large jump in the 2010 season. Despite having almost identical stats in '10 as he did in '11 plus an additional ~1.8 SO/9 he still posted 13 wins and a 3.01 ERA. Weaver has a very low BABIP compared to league average, with a career rate of .276. Incidentally he also had a BABIP of .276 exactly in his 2010 season, and an even lower rate of .250 in 2011 which helped pad his ERA tremendously. I do think that his low rate of hits on balls in play is sustainable, but not to that degree. It should regress to his career average in 2012.

Weaver should rack up at least 15 Wins & 220 IP in 2012, and I expect around a 3.05 ERA. If his command and stuff stays the same and he witnesses a regression in BABIP he should have a season very similar to 2010. He's outperformed his FIP and xFIP in the last few seasons but never to the level he did in 2011 which saw him beat his FIP by .8 and his xFIP by a full point and a half. He's a solid candidate for the ace of your staff, just don't buy any claims he's in the same tier as Halladay, Lee, or their contemporaries.

Rotochamp Ranking: 6th
My Take: He'll have a good year, but expect a higher ERA. 11th

Justin Verlander
This one is pretty simple. He pitched exactly how he does every year, with K/9, BB/9, and HR/9 all staying very close to career average, while his HR/FB% and FIP actually went up marginally. His insane amount of wins and ridiculously low ERA were helped by a high LOB% and a BABIP of .236, 50 points lower than career average which was also the second lowest in all the majors.

He's a machine as far as work load, expect him to put up at least 235 innings next season at 3.00 ERA and be worth 6+ WAR. His team should ensure him at least 17 wins, but back-to-back seasons of 20+ is probably hoping for too much. He's obviously a top pick but again, Halladay, Lee, Hamels, and possibly Kershaw should all have better ERAs and a similar amount of wins, even if only due to league differences. Coming off winning both the Cy Young and the MVP (the first time a starting pitcher has won it in 25 years) his hype should be through the roof and will probably be inflated beyond his value.

Rotochamp Ranking: 5th
My Take: He's just slightly lower in my book. I have him at 7th.

Tim Lincecum
It really pains me to write this as a Giants fan, but Lincecum was arguably the third best pitcher on the Giants this season. tERA is historically the most accurate advanced metric for predicting future performance and by its standard both Cain and Bumgarner were in the top 8 in all the MLB while Lincecum was 14th. As everyone knows he erupted in his first two full years in The Show, winning back to back Cy-Youngs and posting 2.62 and 2.48 ERAs. With a league-leading strikeout rate of ~10.5 SO/9 in both Cy Young years he was truly dominant. In 2010 bad luck and an extended slump in August saw his stats fall to more reasonable levels, as his ERA of 3.43 was ~.33 higher than both his FIP and xFIP. He still posted 16 wins and had almost 10 SO/9, and seemed to be poised for a rebound year in 2011. While his '11 ERA would seem to prove that he has, the peripherals are concerning. His strikeouts per nine were at an all time low, while his walk rate crept up around 10%. His HR/9 rate was quite low in '08 and '09 at ~.42, but both '10 and '11 have seen it up at ~.7.

To sum it up, Lincecum posted career highs in FIP, xFIP, SIERA, tERA, and BB/9 and also posted career lows in K/9, K/BB, and WAR. His career so far can be divided fairly cleanly into two groups by date, his seasons in 08-09, and 10-11. His stats have slowly declined every year since 2009 though they are still elite numbers. The question remains whether or not this is something that Big Time Timmy Jim will eventually get over or if his numbers from the past two years are what we should expect from him going forward. There are a number of reasons to suggest he's still every big as good as he was then and perhaps sample size, fatigue from the post-season, or a number of other factors led to his decline. Due to his build (and with it perceived fragility) and unorthodox delivery there will always be lingering questions about his durability and the sustainability of his performance. The last two years Lincecum has been drafted very high due to his name and prior performance, but it may be time to reevaluate.

Best case Lincecum should post 225 IP at 2.6 ERA with 220+ K's. I have very little faith this will be the case though, and believe his actual line will be closer to 210 IP at 3.1 ERA with ~200 K's. I believe the best case scenario is he repeats last years line with possibly an increase in K/9, a decrease in BB/9, and a sub-3 ERA. Worst case is Lincecum may be declining more quickly than usual due to his build and possible lack of durability.

Rotochamp Ranking: 11th
My Take: 15th




All statistical information was taken from Baseball Reference and Fangraphs. Fangraphs WAR numbers were used.