A large swath of the sabermetric community had been waiting a severe decline for Matt Cain. He was someone who annually outpitched his peripheral numbers and frustrated some with his success. After all, a guy can’t sustain a .260 BABIP over the course of multiple seasons, and he certainly can’t continue to compile below-average home run rates with such a penchant for allowing fly balls, even if we’re talking about the cavernous AT&T Park.
With a 4.00 ERA in 184.1 innings this season, it appeared the “good luck” had finally expired. His fantasy value experienced a massive decline, going from the 5th-ranked starting pitcher in ESPN leagues (and according to our own Zach Sanders) last year to the 64th-ranked starter in 2013. Even the folks who expected a dropoff probably didn’t expect anything so dramatic. Last winter, anyone who posited that Jose Quintana, Tony Cingrani and Luke Hochevar would be more valuable pitchers at the end of the season would’ve been laughed out of the room.
But here we are. Quintana (56), Cingrani (60) and Hochevar (53) provided more fantasy value than Matt Cain, who was on average drafted amongst the top-ten pitchers in the spring. That’s obviously a season-killer for owners, and it’s a given that his value heading into the 2014 season will be severely depressed.
Should that be a signal to buy low and expect a bounce-back season in 2014, or should his 2013 campaign be viewed as the inevitable dropoff that many have expected for the past half-decade?
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