This year’s edition of the Fantasy Baseball Process by Tanner Bell and myself is finally completed and the e-book is now available for sale (the paper version will be available at Amazon in a few weeks). We added over 50 pages of new material (link to list), cut out some info we felt was not needed, and included the historic standings and Standing Gains Points formulas to help with planning the 2020 season.

Before I move along to some of the highlights, I’d like to thank Dylan Higgins for the editing, Jared Cross for the Steamer projections, Clay Link for the introduction, Rob Silver for giving it a read over, and especially Tanner for hours and hours spent grinding through all the new changes.
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Last week, I looked at the largest auction player bargains of 2019. These were the players who were highly profitable after considering their opportunity cost of acquisition. We defined the bargain amount as:

$Bargain = $Value – $AAV

We defined $Value as the accumulated 5×5 full season rotisserie value of each player, and $AAV as the average auction cost to purchase the player pre-season. We make use of the NFBC Average Auction Values which are readily available to us.

For the full methodology of how these player bargains are calculated, please refer to my introductory post.

Today’s attention will be directed to what I refer to as the value drainers. These are the largest “rip-offs” of 2019 – i.e., the players who earned the most negative profits for fantasy owners on a full season basis (net of their auction price). Read the rest of this entry »

Winning Fantasy Baseball is All. About. Value.

Introduction:

Several years back, a friend of mine was preparing for his fantasy baseball auction. He asked me a simple question –

“How much is Lorenzo Cain worth according to your projections?”

That was a straightforward question for me to answer. I ran the ATC Projections through my valuation model. I set the league parameters to match his specific league settings, and I generated a value for Cain of $18.

A few days later, my friend came back to me and said,

“Ariel, I bought Lorenzo Cain at my auction for $18! Isn’t that awesome?!?!”

I responded “No, that’s awful. If Lorenzo Cain is worth $18, you need to only pay $14 or $15 or $16.”

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Ottoneu arbitration begins today, and it is one of the highlights of the fantasy season.  Much has been written about the various arbitration (usually via allocation) strategies available to owners over the past few winters, but if you’re entering your very first Ottoneu off season, or just researching how the game works before joining a new league, here is the official breakdown of how arbitration works:

In the interest of maintaining competitive balance, there are two distinct arbitration options:

Allocations

The allocation system gives a $25 budget to each team in the league.

The team must allocate this budget towards players on other teams.

Each team must allocate at least one dollar to every other team, and no team can allocate more than $3 to any other team.

At the end of the allocation period, all players have their salary increased by the amount allocated towards them.

Allocations take place after the initial offseason salary increase, so any allocations will be in addition to the $1 or $2 increase each player gets at the end of the season.

If a team does not allocate at least one dollar to every other team, none of their allocations will count and it will be as if they did not participate at all.

If a team does not allocate all $25, none of their allocations will count and it will be as if they did not participate at all.

Vote Off

The vote-off system gives each team in the league the ability to vote on a player on each other team.

The player that receives the most votes collectively on each team is turned into a restricted free agent that can be bid on by other teams during the auction draft.

In the case of a tie, the standings of all the relevant voting teams is examined. Whichever player has the team with the worst standings voting for them is the restricted free agent.

The team they were voted off from will get an automatic $5 discount towards that player, so if they get the player back, they will get the player for $5 under what they bid.

Players who have been voted into restricted free agency cannot be traded.

Players who have been voted into restricted free agency will not appear as free agents on the site.

The majority of Ottoneu leagues now use the Allocation system referenced above since it is the most engaging and usually the most disruptive.

As arbitration kicks off, I’ve provided links to a few strategic arbitration resources below.  However, taking it one step further this year, I’m releasing a list of players I expect will receive the most arbitration allocations across Ottoneu leagues.  Since player salaries are league-dependent, I’ve used average current salaries across all FGPTS leagues to estimate the attractiveness of these players and their likelihood to be hit with allocations from your league owners.  As a practical application of the list, you could say I see a $31 Anthony Rendon as more valuable than an $8 Marcus Semien, for example.  In this case, I think you should apply more of your allocations to Rendon instead of Semien.

If you own these players for salaries below the average salary listed, for example, expect their chances of receiving allocations to increase, moving them up the list compared to others.  Roto values (particulary 5 x 5) would be reflected differently, and I would recommend posting those specific questions to the community here.

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There’s somewhat of a tradition to interview the annual winner of the Ottoneu Champions league.  This year I have the honor of picking the brain of the first ever repeat winner, Josh Jessar, who also happens to be the first back to back champion of the league.  You can see a full breakdown of his winning roster here.

Q: How long have you been playing fantasy baseball? Ottoneu?

I’ve been playing fantasy sports since the late 80’s, starting with football teams based on Christian Okoye and Barry Word.  I became the only east coast Chiefs fan I knew. Baseball followed shortly after. My collection of friends have played on and off ever since across a variety of platforms.  I started playing Ottoneu in 2013. Longtime readers of your work may remember an interview with previous Champs winner Keith Smith…I recruited him to join the Ottoneu movement.  It was a natural extension of our after school sessions from back in the day.

Q: How did you stumble upon Ottoneu?

Another longtime friend from back in those early leagues brought me to it.  We’d actually kicked around the idea of starting our own fantasy site complete with termed-contract players in the early 2000s.  When he told me of this great site he’d discovered with a lot of the same concepts, we decided to try it out and were both hooked immediately.  He’s a great player who was in Champs B for a while, but after his fourth kid arrived he went into retirement. I’m hopeful he’ll one day make a triumphant return.

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Using a format similar to the one Paul Sporer recently posted for 2020 Roto player rankings, below is the 2020 ranking of the Top 20 First Basemen for Ottoneu fantasy baseball.  Ottoneu leagues are auction style, but with no salaries listed (league dependent), think of these lists as simplified “snake draft” rankings (“which player would I take before the next”), or a value ranking of players above replacement level for 2020. Players with multi-position eligibility may receive a slight bump in value (2020 positions listed).  You can reference average Ottoneu player salaries here, but keep in mind these salaries fluctuate throughout the winter as rosters shape up towards the January 31st keeper deadline for all leagues.

Since a majority of Ottoneu leagues are points leagues (offense based on linear weights), you’ll notice speed is less of a factor here than Paul’s rotisserie ranking lists.  Even if you don’t play Ottoneu, this list might be a good proxy for OBP, OPS, or sabermetric leagues, so keep that context in mind as you review.  If I’ve missed an important player, or you believe I’ve wildly over or under-valued someone, please let me know in the comments and I’ll be sure to update.

In 2019, the 29 qualified first basemen averaged the following production:

• 5.88 Points Per Game (P/G)
• 30 HR
• 10% BB%
• 22% K%
• .227 ISO
• .268 AVG
• .353 OBP
• .495 SLG
• .354 wOBA
• 120 wRC+

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It’s time to review the bold.  Here’s the full list from March.  Let’s see how it played out.

1 – Dan Vogelbach will finish with a wOBA higher than Vladimir Guerrero, Jr.

Vogelbach: .333 wOBA in 558 PA, 111 wRC+

Vlad, Jr.: .329 wOBA in 514 PA, 105 wRC+

Considering the level of hype that surrounded Vlad, Jr. this past spring, this prediction was equivalent to baseball heresy.  And yet here we are, a win (just barely) right out of the gate.  Vogelbach didn’t make it easy…he hit .310/.462/.732 in 25 April games and then just .189/.316/.386 (.304 wOBA) over his last 465 PA.  There’s an argument Vogelbach isn’t a major league caliber bat based on that downward cycle, but in total he still somehow managed to outhit the most impressive rookie resume since Bryce Harper.

1 for 1

2 – Adam Frazier will win the National League batting title.

And the NL batting title goes to…Christian Yelich and Ketel Marte at .329 AVG.

Despite a .285 batting average against right hand pitching and a .301 mark at home, Frazier couldn’t carry forward his 2018 second half breakout (.375 wOBA), finishing with a lackluster .278 batting average.

1 for 2

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The 2019 MLB regular season has concluded. Two Astros may very well finish 1-2 in the AL Cy Young award. The Brewers went on an unbelievable Yelich-less run to make the playoffs – only to be eliminated in the wildcard game with their best pitcher on the mound. A new record was set for rookie homeruns in a single season. The Yankees hit 306 HRs as a team, and yet that did not set a record; the Twins hit 307! Baseball set a new collective HR record. It was the year of the longball, or as Jeff Zimmerman calls it, “Happy Fun Ball.”

It is now time to check back on how we fared this year in fantasy. Let’s start with a review of this season’s bold predictions.

As I often remind my readers – we will never succeed in getting the entirety of our bold predictions correct, or even realize a majority of them. If I wanted to achieve a high success rate, I could simply have filled up my list of predictions with easy ones such as “Justin Verlander will win 10+ games this season.” That class of prediction would have been too easy.

Rather, the point of the exercise is to highlight certain undervalued (or overvalued) players by choosing a few unlikely, yet achievable outcomes. The idea is to target somewhere between the 70^th and 90^th percentiles of possible outcomes – predictions which are 10-30% likely to occur.

I often use the ATC Projections as a guide for these bold predictions. I look at where the ATC projections generate an outcome which varies significantly from what the general public perceives will happen. Some other times – I just go with my gut and with my own intuition.

Let’s recap!

#1: Matt Barnes will finish as a top 5 saves leader in 2019

There are two elements that need to occur for a relief pitcher to accumulate saves. The pitcher needs to:

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Should you spend for an elite closer?

Earlier this year, I broke down the profitability potential of the starting pitcher tiers. We learned that it was profitable from a return on investment perspective to purchase an “ace” starting pitcher in your auctions and/or drafts. I am referring to the article entitled, “The Case for An Ace”.

Today, I dive into the hit rates and profitability for various relief pitcher tiers. Sure, there will always be hits and busts in each draft round. If you happen to strike the right player, you will be set … and vice versa if you happen to draft a dud. From a game theory perspective, knowing the more profitable price points for players at particular positions (or for particular scoring statistics) is extremely valuable to the shrewd fantasy owner.

In the long run – it is better to know that saves have a better ROI in Round X vs. Round Y, whereas steals have a better ROI in Round W vs. Round Z, etc. Why not maximize your potential sources of profit in fantasy baseball, by being efficient with your draft selections and with your auction dollars? Sure, you are free to draft Aristides Aquino in the 1^st round if you so choose – but it is prudent to keep in your back pocket what the numbers say about what the best investments are.

The Experts / Tout Wars

In my days of playing fantasy baseball, I have come across two opposing strategies regarding closers. Both approaches have been heavily publicized over the years.

• Never. Pay. For. Saves.
• Buy a top closer.

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Introduction

On the latest episode of The Great Fantasy Baseball Invitational Podcast, I posed the following question:

In 2020 fantasy baseball drafts for roto leagues, which will you do early on?

A) Draft Speed Early
B) Pound the Power

Simultaneously, I posed the identical question on Twitter, yielding the following results:

The Twitter responses, as well as the members of the TGFBI Beat the Shift Podcast panel were pretty evenly split on what was more important to focus on. Obviously, fantasy owners need to focus on both; players who can amass a broad base of stats are ideal. But the question is still a valid one – in a vacuum, all things being equal, which player type should you favor in a draft?

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