‘Tis the season of wheeling, dealing and spieling.

Baseball’s Hot Stove season gets all sorts of coverage. Among the general questions that can be applied to just about any scenario are: Which big name is rumored to be signing here? What trade chip would be a perfect match there? And does Buster Olney ever actually sleep?

While the transactions of note generally involve big leaguers signing with or being traded to new teams, one angle that often gets overshadowed is how those moves effect prospects. Sometimes, an inking or a deal by the parent club can be good news for minor leaguers, but many times, that’s not the case. What looked only yesterday to be a clear path to playing time for a prospect ready to contribute, instead has suddenly become a circuitous detour along a bumpy road with indecipherable signage, more than a few potholes and the ultimate destination — the majors — nowhere in sight.

With that in mind, buckle your seat belts as we take a look at a pair of young players whose 2012 stocks have been impacted head-on by some recent moves.

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No, not Thanksgiving dinner leftovers. Two weeks ago for my last keeper rankings post, I wasn’t sure if tier five would be the final tier. Well, I have decided, it was. So now it is time to take a look at those that just made the cut, or the leftovers, if you will. To refresh your memory…

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You might remember that I’d previously promised a more in-depth look at the Houston Astros’ minor league system, one that is overflowing with uber-talented, can’t-miss studs.* And I’m one to make good on my promises.
*Gotcha: It’s opposite day.

Having already listed the team’s Top 10 prospects (per Baseball America) and pointed out how the move to the AL in 2013 will impact NL-only keeper owners immediately, let’s check into the org’s prospects who could make their debuts in 2012 — and maybe even make an impact — and those who are the best bets for future value once the franchise is in the American League.

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Two National League outfielders didn’t quite make the final keeper tier, and they’re likely to be strong bounce-back players next year with statistics that would put them in the fourth or fifth tier. Why didn’t I put Andre Ethier and Jayson Werth in those keeper tiers if that’s the case?

It has more to do with perception and relative value, or the ins and outs of keeper leagues, than it does with those actual players.

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Coincidentally, last Thursday, the exact same day that Major League Baseball approved the sale of the Houston Astros franchise, Baseball America released its Houston Astros Top 10 Prospects list. Of course, we know now that one of the conditions of the purchase by a group headed by Houston businessman Jim Crane is that the organization will be moving from the NL Central to the AL West for the 2013 season.

From a fantasy perspective, there are plenty of topics to consider. But since this is Prospect Chatter, we’re going to cover, well, the prospect aspect. Over two separate posts — one today, one later in the week — we’ll hit on all you need to know.

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We’ve looked at four tiers worth of National League Outfield Keepers. That’s 13 dudes, or at least one keeper per team in a 12-team NL-only. If you’re in a traditional keeper league — one in which you keep fewer than eight players — then we’ve probably come to the end of your more attractive keepers. So many of the remaining options are buy-low guys better acquired at a draft or auction, or they are solid performers with real flaws that don’t figure to go away. Or they are older players that you are just keeping because nobody will buy them from you.

But let’s look at the best of the rest, shan’t we?

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The Astros are moving to the American League in 2013. We’ll be breaking this down in many different ways in order to help NL- and AL-only owners prepare for the moment in the best possible manner, but… for many leagues this won’t matter much. The Astros are just that bad.

For example, mixed-league re-drafters pretty much won’t care at all. Even in 2013, are there any current Astros that will see their draft status change much with the move? Okay, Wandy Rodriguez will be in his final year of his contract and he would be a 34-year-old starter moving to the more difficult league. There’s a player that would see his draft stock drop that year. But will he even be on the Astros roster by then? He seems like a trade candidate.

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We’ve made it to the end, friends. Yes, it’s the fifth — and final — tier of the RotoGraphs keeper rankings for 2012, American League outfielder style. No doubt, owners in very (very!) deep AL-only keeper leagues may notice a name or two that they are considering as potential keepers isn’t included among the full ranks. As is, there are more players included at this position than at most others, so frankly, I’m choosing to cut things off before we have to consider debating the relative keeper merits of a recently-injured Josh Reddick, a 54-year-old Bobby Abreu and a utilityman disguised as an outfielder who goes by the name of Ryan Raburn. You’ll forgive me, won’t you? (Either that or ask me your remaining conundrums in the comments.)

If you’ve followed along this far: Congratulations! You’ve been entered to win a prize of some as yet determined, but ultimately inconsequential, value. Thanks for playing.

Let’s finish this puppy off.

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We are getting near the end of the AL pitcher keeper rankings and this may or may not be the last tier. These are basically the last couple of guys I would truly be satisfied keeping on my team. Everyone else is just blah and no one really stands out from the crowd. To recap…

Tier 1:
Justin Verlander
CC Sabathia
Felix Hernandez
Jon Lester

Tier 2:
Jered Weaver
Dan Haren
Josh Beckett
David Price
James Shields

Tier 3:
Michael Pineda
Max Scherzer
C.J. Wilson
Brandon Morrow

Tier 4:
Matt Moore
Ricky Romero
Ubaldo Jimenez
Gio Gonzalez
Derek Holland

And off we go…

Tier 5:

Jeremy Hellickson

On the surface, Hellickson had a fantastic rookie season, posting a 2.95 ERA over 189 innings. The performance even resulted in Rookie of the Year honors. However, as has been discussed quite a bit over the past month, there are a lot of questions about Hell Boy next season. You are all well aware by now about the huge discrepancy between his xFIP/SIERA marks and his ERA. That would normally be a major for me, which is why many pitchers with strong ERAs this year won’t sniff these rankings. However, I am quite confident his skills will improve enough to the point that his ERA and ERA estimator metrics will converge.

No, the strikeout rate is not going to jump near a batter per inning or above, where it sat during his minor league career. The change-up problem is very real and not going to go away overnight. However, his called strike percentage should still rise a bit next year and all he needs to do is keep his SwStk% stable to enjoy a K/9 surge. At the very least, I think his strikeout rate gets above 7.0, which will not only increase his fantasy value given his contributions in that category, but will push his xFIP/SIERA marks down to meet his ERA. I expect him to finish the year somewhere around a 3.75 ERA, which will allow him to maintain decent fantasy value, but this time backed up by his peripherals.

Justin Masterson

I was a big Masterson fan back in 2010, but the talk of him being unable to succeed versus lefties apparently subconsciously influenced my opinion. So naturally after I lose my optimism, he goes out and performs in 2011 like I expected in 2010. This time, he was much improved versus lefties, as he cut his walk rate in half, while maintaining the rest of his skill set against them. He also enjoyed better luck on balls in play and in stranding runners, and even managed to post a below average HR/FB ratio.

His SwStk% and strikeout rate did decline, which is a concern, especially since he threw his fastball about 84% of the time. Whether his slider usage rebounds next year is anyone’s guess, but it does offer the potential for strikeout rate upside. In addition, since he remains a two-pitch pitcher, any talk of him developing a change-up could be huge news. Though this would likely knock his stellar ground ball rate down a notch, it would certainly increase his punch outs and lead to even greater fantasy value.

I hate closers. Despise them. Maybe this is a result of being an Indians fan. Jose Mesa tricked me into thinking he was lights out, then imploded at the worst possible time (although we all know Tony Fernandez deserves more of the blame). Maybe it is the endless stream of closing mediocrity I have had to watch since then. But since you are reading this on Rotographs and not an Indians blog, you have probably guessed that this really stems from fantasy baseball.

Before I dive too deep, let me begin by saying that if you are playing in a traditional 5×5 league, you can probably ignore this. If your league counts Saves but not Holds, you probably should not hate closers. I finished 4th from the bottom in saves in the lone 5×5 I played last year, and that is not where you want to be. However, if you are not playing in a league that places an extraordinary value on saves, this may be for you. It is mostly written from the perspective of the ottoneu FanGraphs Points scoring, but applies to any league where holds and saves are relatively equal (or both worth nothing).
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