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sjunisu

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    sjunisu reacted to bean5302 for a blog entry, Grading Falvey's Drafts   
    Grading Derek Falvey's Drafts
    With the minor leagues essentially done for the year, it’s a fair time to review the Derek Falvey’s performance through the drafts. Falvey has been in charge of the Twins’ front office for 5 drafts now, though there’s not close to enough data to judge the 2021 draft group’s actual playing performance.
    I believe Derek Falvey’s job has 6 major components, in no particular order. 1. MLB on field performance. 2. Free agency signings. 3. Trades. 4. Player conduct. 5. Drafting. 6. Player development.
    Drafting should be considered separate from player development as they’re not the same thing. Drafting involves identifying pre-professional talent while players are outside the organization and player development is all about finding the ways to improve players while in the system. For example, getting a 10th rounder to produce at the MLB level has almost nothing to do with the draft; that’s all player development.
    I’m concentrated on the first 3 rounds of the draft, which include Competitive Balance A and Competitive Balance B picks and works out to just about 100 players even in most years. Obviously, a 1st round / CBA is much more important than a 2nd round / CBB pick and then a 3rd rounder drops off more. I’ve chosen to grade the overall draft results on that scale. First Round/CBA = a multiplier of 2.00. Second Round/CBB = a multiplier of 1.50. 3rd Round = a multiplier of 1.00. My grades are subjective, based on performance of the pick, whether or not the front office reached to get the pick, how quickly the pick has advanced and my opinion of the projected performance of the pick at this point. I didn’t ding the Twins for any of the lost CBA/CBB picks due to free agency signings or trades except Hughes. The Twins essentially traded their late 2nd rounder, a CBB pick in 2019 for a little cash; that’s an absolute dereliction of duty and it’s worth a grade.
    Huge Reach = 2+ rounds ahead of MLB.com projection Reach = 1 round ahead of MLB.com projection Aggressive = ½ round ahead of MLB.com projection (i.e. CBA instead of 2nd round) On Par = In the round where projected, within a reasonable distance of expected. (i.e. picked 20th overall when projected at 25th) Deal = 1 round behind MLB.com projection Steal = 2+ rounds behind MLB.com projection  
    2017 Player Grade MLB Draft # Actual Draft # Selection Range Analysis Draft Age Level Last Perf. Progress Projection 1st Royce Lewis C 5 1 1-30 (Rnd1) On Par High School 22 AA D C B CBA Brent Rooker C 50 35 31-36 (CBA) Aggressive College 26 MLB B D C 2nd Landon Leach F 101 37 37-67 (Rnd2) Reach High School 21 A- F F F 3rd Blayne Enlow C 29 76 76-105 (Rnd3) Steal High School 22 A+ C D C 2018 Player Grade MLB Draft Proj # Actual Draft # Selection Range Analysis Draft Age Level Last Perform Progress Projection 1st Trevor Larnach C 26 20 1-30 (Rnd1) On Par College 24 MLB C B D 2nd Ryan Jeffers B >200 59 44-78 (Rnd2) Huge Reach College 24 MLB D A C 3rd Forfeit for Lynn 1yr N/A         N/A N/A N/A N/A N/A N/A 2019 Player Grade MLB Draft Proj # Actual Draft # Selection Range Analysis Draft Age Age Level Last Perform Progress Projection 1st Keoni Cavaco F 28 13 1-30 (Rnd1) Aggressive High School 20 A- F C F CBA Matt Wallner D 60 39 31-41 (CBA) Aggressive College 23 A+ C C F 2nd Matt Canterino B 46 54 42-69 (Rnd2) On Par College 23 A+ A C A CBB Forefeit (to trade Hughes) F       Total Failure N/A N/A N/A N/A N/A N/A 3rd Spencer Steer C >200 90 79-107 (Rnd3) Huge Reach College 23 AA C A C 2020 Player Grade MLB Draft Proj # Actual Draft # Selection Range Analysis Draft Age Age Level Last Perform Progress Projection 1st Aaron Sabato C 41 27 1-29 (Rnd1) Reach College 22 A+ B B D 2nd Alerick Soularie D 105 59 38-60 (Rnd2) Huge Reach College 22 A- D C C CBB Forefit in Maeda Trade N/A         N/A N/A N/A N/A N/A N/A 3rd Forefit for Donaldson N/A         N/A N/A N/A N/A N/A N/A 2021 Player Grade MLB Draft Proj # Actual Draft # Selection Range Analysis Draft Age Age Level Last Perform Progress Projection 1st Chase Petty A 27 26 1-29 (Rnd1) On Par High School 18 Rk Pass C N/A CBA Noah Miller C 62 36 31-36 (CBA) Aggressive High School 18 Rk Pass C N/A 2nd Steve Hajjar C 100 61 37-63 (Rnd2) Reach College 20 N/A Inc. D N/A 3rd Cade Povich D >250 98 72-101 (Rnd3) Huge Reach College 21 A- Pass B N/A  
    When reviewing the drafts, it seems apparent Derek Falvey believes his front office is a significantly better judge of player talent than MLB.com as he frequently drafts players well ahead of MLB.com’s projections. This doesn’t mean Falvey is wrong. MLB.com is just one source and it would be expected the Twins scouts could be superior to MLB.com’s. Draft picks routinely shift around during the season depending on their performance leading right up to the draft. Regardless, MLB.com’s projections are usually pretty close to other sources which makes for a good baseline as to the scouting world in general. If Falvey’s front office and scouting department is better, it should show up in the advancement and development of players.
    So how do things look? Well, in a nutshell, I’d give the front office a C- overall with a GPA of 1.76, but it’s a very incomplete picture. I believe 2022 will be critical to evaluating Falvey’s drafts. Lewis, Rooker, Larnach and Cavaco are on their last year of grace period to “prove it.” While Rooker and Larnach get major points for making it to the big show, neither has performed well enough to stick around.
    From a pitching standpoint, Falvey has only drafted 1 first round pitcher in 5 years and 8 chances. For the most part, Falvey has chosen guys with good breaking pitch offerings who were down the rankings a bit and focused on hitters with the highest picks. The only 1st rounder choice was 100mph high school flame thrower Chase Petty earlier this year. Petty received mixed rankings, but MLB was about as bullish on him as anybody else and Petty made his 1 start at the FCL Twins this year. Landon Leach, Matt Canterino and Steve Hajjar make up the 2nd round pitching selections. 2 of the 3 are big reaches and Leach is already a total bust. Canterino’s performance is a saving grace here as his injury history has slowed his advancement while Hajjar didn’t make a competitive appearance this year. 3rd rounders include Blayne Enlow and Cade Povich. Enlow was projected high, but velocity drops and concerns over signing him let the Twins save up some slot money and get the chance to make a run at him. Enlow’s situation sort of mirror’s Canterino’s. Injuries have derailed his advancement. Povich is just a head scratcher. He was way, way down almost all prospect lists if he even appeared at all. Prospectslive.com had him at 537, but the Twins apparently liked enough of what they saw to send him to the Low-A Ft. Myers Miracle. 
    Falvey has shown a strong affinity for aggressively pursuing bat only players with lots of power and not a lot of anything else. Rooker, Wallner and Sabato are all one tool wonders and all were a bit of a reach. Larnach is now in the same boat after his advanced eye at the plate turned out to be outmatched against more talented pitching. If they don’t rake, they’re busts and finding spots for all of those guys would be impossible on the roster, but it would also mean the drafts were hugely successful. Unfortunately, that has not been the case. Rooker and Larnach are not getting the job done with Wallner advancing too slowly for his draft position and experience and Sabato narrowly avoiding a “bust” moniker this year with a hot last couple months. Soularie, another bat heavy big reach, has a little more defensive potential so the Twins are trying to see if he can stick at 2B. The Twins have also gone for the athleticism over everything approach a couple times with Royce Lewis and Keoni Cavaco. Lewis is the one Falvey really can’t afford to miss on. Lewis was a first overall pick who hasn’t played competitively in 2 years and wasn’t nearly good enough when he did play, but he’s such a gifted athlete with such a great character that it’s believed he can still turn the corner. Cavaco… well, the best thing which can honestly be said about him right now is it’s still a little too early to call him a bust. That said, if Cavaco doesn’t pick it up big time, he will wear the title by mid 2022. The Twins reached a bit with him, and if you’re reaching for your first rounder, it’s important to pay off and the Twins doubled down by reaching for Wallner for the same draft. Spencer Steer completed the 3/3 reaches for hitters in 2019 and was an out of the park, 6 run, grand slam style reach for good measure, but at least he’s still showing a glimmer of promise with some fast promotions. I’m not sure who was driving the car in 2019 is what I’m sayin’ here. Thank goodness Canterino pitched well in between his injury woes or the 2019 draft would honestly be looking potentially catastrophic here.
    Truthfully, draft results are finicky things to analyze, especially in the first 3-4 years and the loss of 2020's MiLB season really tightens the sample size here. Many quality MLB players have their hiccups in the minors or develop a little slower so the draft grades could really swing wildly next year. It would take quite a few things working out, but I could see the Falvey front office draft grade swinging all the way up into the C+ range next year… or tanking straight into F territory for that matter. I think it’s also important to consider this isn’t graded on a curve and a 2.00 GPA and a C grade for “average” isn’t a call to fire the front office; it means the front office is competent enough and doing their job well enough in a crazy competitive marketplace where many pieces have to fall into place to grade higher.
  2. Like
    sjunisu reacted to bean5302 for a blog entry, No, Top FA Starters Are Not Risky   
    With the 2021 season just about wrapped up for the Minnesota Twins, here’s yet another article to talk about starting pitching and why dumpster diving or even mid-tier free agent starters are actually much riskier than the top free agent starters with those big contracts.
    Conventional Twins wisdom is that big name, free agent starters are simply too expensive and too risky. Jim Pohlad is very skittish when it comes to long contracts and big dollars. The idea of “crippling” a roster also sends some Twins fans into a panic. It makes sense, after all, the Twins free agent pitchers almost never actually pan out for more than a year.
    For this year, the Twins’ front office decided not to pursue an arm to replace Odorizzi, leaving a major hole in the middle of the rotation. Instead, Happ and Shoemaker were signed to contracts all too typical of the Twins’ front office. The cost? $10MM utterly wasted. That said, the Twins are absolutely spending ace starter money in free agency and acquisitions every single year and have been spending $30-43MM annually for those arms for 7 consecutive seasons coming into 2021. I even adjusted the salaries for players which were traded away… Read it and weep.
    Median WAR = middle bWAR season performance with 2020 being multiplied by 2.7 due to the shortened season. Total WAR = Total bWAR over the life of the entire contract, even if the player was traded away. $/WAR = Entire Contract Dollars, Adjusted for 2020 / Total bWAR, Not Adjusted for 2020. The salary figures shown are not adjusted for 2020 so they can be viewed in proper context.  
      Med. Tot $                 Player WAR WAR /WAR 14 15 16 17 18 19 20 21 Correia -1.1 -1.1 -5 6               Pelfrey 0.4 0.8 13.8 6 6             Hughes -0.1 5.5 11.9 8 9 9 13 8 7     Nolasco 0.5 2 24 12 12 8 4         Milone 0.8 0.9 8.1   3 5           Santana 0.5 9.8 5.6   14 14 14 14 1     Santiago 0.2 0.3 32.7     2 8         Odorizzi 1.2 4.4 6.1         6 10 18   Pineda 0.8 3.3 8         2 8 10 10 Lynn 0.4 0.4 25         10       Perez 0.1 0.1 40           4     Maeda 2.7 1.8 2.7             3 3 Bailey 0.5 0.2 22             7   Hill 2.1 0.8 2.4             3   Shoemaker -1.9 -1.9 -1.1               2 Happ -1.8 -1.8 -4.4               8                           Season Total 31 43 37 38.7 39.8 29.5 40.8 23
     
    In fact, almost none of the Twins signings and acquisitions were worth it, including the starters who were actually “worth the money” because they still weren’t worth starting. For example, Tommy Milone only cost $8.1MM / WAR. That’s an A grade signing. He was worth every bit of the money he was paid, on am average season. But he still wasn’t good enough to actually want him in the rotation. What about Ervin Santana? We all know what a huge asset he was over his first couple seasons and the Twins got one WAR for only $5.6MM which is an A+ kind of deal. The big issue is he was terrible over his last two years, dragging his median performance way down.
    Ace = 4.0 WAR+ #2 = 3.0-4.0 WAR #3 = 2.5-3.0 WAR #4 = 2.0-2.5 WAR #5 = 1.5-2.0 WAR I’ve also adjusted the median values for 2020’s short season. That’s the problem with dumpster dives and even mid-tier free agents. All it takes is a slight decline and poof, all the money is utterly wasted because you’re paying guaranteed money to a starter who isn’t worth playing.
    Well, everybody knows big free agent contracts never work out though, right? Wrong. Big name, free agent starters are almost always worth it. This is for two reasons. First, they often perform at ace levels even if they decline a bit, but if they take a major hit or injury, they almost always bounce back as a solid starter in the rotation. The money is virtually never totally wasted like it often is on mediocre or low cost starters. Of the 8 front line free agent starters signed since 2014, every single one of them has been worth a rotation spot in an average year. Most are even good deals. Don’t believe me again?
      Med. Tot $                                 Player WAR WAR /WAR Future? 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Grade Lester 2.1 13.2 9.6 - 30 20 20 23 25 28                 B Greinke 4.2 17.9 10.3 - 34 34 34 35 35 35                 C Scherzer 5.5 41.4 4.1 - 17 22 22 22 37 36 35 2 2 2 2 2 2 2 A+ Price 1.8 11.1 13.9 F   30 30 30 31 32 32 32             F Darvish 5.6 7.6 9.9 A       25 20 22 22 19 18           B Corbin 4.1 5.4 8.6 F         15 19 24 23 24 35         A Cole 5.6 7.6 6.4 A           36 36 36 36 36 36 36 36 36 A Wheeler 6.8 7.6 3.45 A           22 23 26 25 24         A+ Strasburg 0 0 Inf F           24 24 24 24 24 24 24 27 27 F- *The summary is updated to reflect the addition of Strasburg to the chart. I decided against adding Bauer. Bauer doesn't have a long term contract, and part of the reason FA ace caliber pitchers are a low risk is a single lost season is easy to overcome. Among the 9 listed starters, only 3 have lost an entire season (Price x1.5, Darvish, Strasburg x2). Of the 38 seasons on the contracts from the 9 starters, 4.5 seasons have been lost. A risk of a starter losing a season is approximately 10% per contract season.
    Right now, Corbin and Strasburg both look like a bad deals, but it wouldn’t surprise me a bit if they rebounded. If you look at those contracts, something really stands out to me. Only Strasburg has played poorly enough so the team who signed them wouldn’t have wanted in the rotation and 6 of the 8 are bonefide ace level pitchers on their average season. Even David Price with all his injuries and down performance is worth trotting out there. Also, 7 of 8 of those front line starters have been absolutely C or better signings. Here’s how I’d arbitrarily grade signings based on the dollars spent per WAR.
    $16MM+ = F- $14-16MM = F $12-14MM = D $10-12MM = C $9-10MM = B $6-9MM = A 0-6MM = A+ To sum it up, the scary big contracts for front line starters almost always work out over the life of the contract, and even when they don’t work out exactly as intended, the pitchers are almost always worth running out there every 5 days as part of the rotation. However, the low end and middle of the rotation arms are almost never worth it based on nearly a decade of track record by the Twins and over a dozen such starting pitchers. Considering the Twins absolutely do not need any #4-5 starters, the front office also needs to stop wasting money with their annual dumpster dive, refocus and acquire top pitching talent. After all, it’d barely cost more on an annual basis to replace the typical free agent signings they’ve been wasting money on to sign two top of the rotation arms as they’re available.
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