3/9/18

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Strategy Section: Middle Infield Previews

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Continuing to make my way around the diamond, I’ve got the second base rankings today. You can find my SP and 1B rankings by clicking on those links in case you missed them the first time around.  These Average Draft Positions come from NFBC data as of 2/1. Each colored bar represents the start of a new tier.

Let me know how you’re attacking 2B in the comments below. Ideally I’d like to get in that 2nd tier for my primary 2B, but I’m OK if I have to dip into the 3rd or 4th tiers should I miss out on a Dozier or Odor and then I wait on MI and leverage the later tiers for that (Panik, Walker, Miller, etc…).

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The third in an ongoing series (Pt. 1) (Pt. 2), I’ll continue to compare hitters using blind résumés to highlight “generic-brand” players who could be drafted as substitutes for “name-brand” players in later rounds of your draft. This entry will differ slightly in substance; I’ll focus on 2018 projections to identify similarly skilled players rather than use hindsight to rationalize (or poke holes in) how we’ve valued past performance.

I will use National Fantasy Baseball Championship average draft position (NFBC ADP). Reminder: we host them here on FanGraphs, too. It’s worth noting I pulled these projections this past weekend, so the numbers will likely differ slightly but not unconscionably. The ADPs are current as of yesterday.

Comparison #1: Power-Speed Outfielders, Mostly

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So far in 2018, the hot stove has been more of a cool counter, leading to a dearth of enjoyable “change of scenery” fantasy baseball topics. Thankfully, there’s still plenty of fantasy fun to be had, because the National Fantasy Baseball Championship (NFBC) has draft data ready to roll. I’m going position by position through this slow offseason, picking out players with an average draft position (ADP) significantly higher or lower than I expected.

Today, it’s time to discuss the shortstop position — namely Chris Taylor and Marwin Gonzalez. Neither guy is a full-time shortstop in real life, but in fantasy that’s where the vast majority of owners will play them in 2018. (The player pool I used included all players with at least 10 starts at short in 2017.) One of the main commonalities between Gonzalez and Taylor is that they’re both eligible to play several positions (1B/2B/3B/SS/OF for Marwin, 2B/SS/OF for Taylor).

Both players also experienced shocking breakouts in 2017, so it’s probably a good idea to see where they stand heading into the 2018 fantasy season, correct? I sure thought so.

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2017 was the year of unexpected late-20s middle-infield breakouts, as the fantasy leaderboards at both second base and shortstop were populated by a number of players nearing 30 who went undrafted in the vast majority of leagues. Now that we have some draft data thanks to the National Fantasy Baseball Championship (NFBC), I figured it might be interesting to see which of these options fantasy owners are buying into going forward.

The players in question today include second basemen Whit Merrifield and Scooter Gennett. Let’s start with a quick look at where these guys finished 2017, and where they’re being drafted heading into 2018.

The first thing I noticed is that not many fantasy owners expect either player to replicate their 2017 seasons, which is good! It’s unlikely that either of these guys are as good as they displayed last season, so this is a fine start. These seem like reasonable expectations on the surface.

With any offseason fantasy baseball article, I think the most important thing to figure out is where the bargains are. Asking the question, “Who are fantasy owners over and underpaying for,” helps us set our own personal targets for draft day. Keeping this in mind, I think it’s pretty obvious where the value is here. Let’s see if you agree.

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“… pros were more likely to ride a wave of irrational exuberance than to fight it. One reason is that it is risky to be a contrarian. ‘Worldly wisdom teaches that it is better for reputation to fail conventionally than to succeed unconventionally’” – Richard Thaler in Misbehaving

At the root level, fantasy baseball is about acquiring more undervalued assists than your opponents. Everyone wants a first-round talent for a last round price (e.g. Aaron Judge). With teams clamoring to acquire every advantage, they are insistent on wasting away an early draft advantage. In early 2018 drafts I’ve participated in, an early emphasis on middle infielders is inflating their value way beyond their projected production. Is the observation wrong? If so why? If not, how can an owner take advantage of this mispricing?

Note: For this article, I will lump second basemen and shortstops together into one middle infield position. Neither position has more talent than the other and the bottom players will be used to fill a middle infield position.

For those who have recently created mixed-league valuations, positional scarcity doesn’t exist besides with catcher. I use the method outlined in Larry Schechter’s book, Winning Fantasy Baseball to determine my values. I’m not going to go into the process’s exact details but it’s the standard procedure used by fantasy experts to prep for auctions. Even a couple years ago a small amount of positional scarcity existed but a huge influx of good middle infielders has raised the group’s overall talent level up to the other positions.

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A month ago, I compared “name-brand” and “generic-brand” players using blind résumés, an exercise we’ve reiterated across several authors and years at RotoGraphs. A few years ago, you’d never find me in a mock draft, let alone several in one preseason. (More a matter of blocking out three hours on a whim, but also I probably (very foolishly) thought I didn’t need to partake in such trivialities.)

I’m super, super into the whole slow draft mock thing, though; I’ve completed a few this preseason, and I think they have already helped me understand the kinds of market inefficiencies (i.e., differences between perceived and actual values) that will arise on draft day. One of the easiest ways to identify said inefficiencies is to compare similarly skilled players, then assess their other pros and cons — the intangibles, if you will, such as health and age — to determine who’s the better value.

Here are a couple more pairings:

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Jonathan Villar burst onto the scene in 2016 with 19 HR and 62 steals. He was going 19th overall in 2017 NFBC drafts and was a huge disappointment when he hit posted a .293 OBP, 11 HR, and 23 SB. With 2018 drafts starting, I’ve seen his ADP (200) way below where he should go using his Steamer projection (~118). The disconnect is understandable but not to the current level. Opportunity exists for huge upside.

Just for reference, here are Villar’s basic stats from the past four seasons and his 2018 Steamer projection.

Of all the values which changed his value from 2016 to 2017 was the 76-percentage point drop in OBP. Less times on base meant fewer steals and runs scored. An OBP under .300 is kill for any hitter.

Besides the scoreboard stats, here are his 2nd order stats over the same time frame.

His plate discipline is the biggest discrepancy over the past two season seasons with his K%-BB% jumping from 14% to 23%. Even though he maintained similar power and groundball rates, the overall decline in contact rate while swinging more did him in.
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I think Ryan Schimpf is my favorite player. He takes the word extreme to an entirely new level, ranking at or near both the top and bottom of various statistical categories, for the better and for the worse. That’s what makes him such a fascinating hitter. He debuted with the Padres in 2016 to excellent results over about a half a season’s worth of plate appearances. He was a new breed of hitter – a five true outcomes type, as his plate appearances generally ended with either a walk, strikeout, fly out, pop-up, or home run. The approach worked that season, but failed miserably in 2017. His performance earned him a demotion to the minors, and ultimately a ticket out of San Diego.

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Yesterday, The Marlins traded Dee Gordon to the Mariners for three minor league prospects. The trade came out of nowhere since the Mariners already rostered a top second baseman, Robinson Cano. Then it became known that Mariners plan on playing Gordon in centerfield. Having both middle infield and outfield qualifications a couple weeks into the season could move up his average draft position. The question remains though, will Gordon be able to cut in centerfield? Probably.

Gordon’s offensive talent is easy to access. The 29-year-old makes a ton of groundball contact and gets on first base using his speed. Once on base, he uses those legs to steal as many bases as possible. That’s it.

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