Mock Auction Prices vs. Projections – Underpaid Players

While the results of the Ottoneu mock auction are basically the only window we have into market price for 2022, they aren’t the only valuation we have. Steamer Projections are available and can be used to start to determine player values. Looking at where those values differ the most can be informative, both in identifying potential buy lows (or players to avoid) and in finding patterns that can be useful in future auctions.

To do this, I am using the values from Justin Vibber’s Surplus Calculator, which you can find on his Patreon page. The values in the Surplus Calculator were updated on December 10, so reflect relatively recent Steamer Projections.

It’s important to note that “underpaid” is probably not a fair moniker for this group of players. The fact that Steamer likes these players more than this group of managers doesn’t mean that Steamer is right and we were wrong (or vice versa). But I am going to use it anyway.

Here are the players whose price in the mock was at least $4 below their Surplus Calculator projected value:

Mock Prices Lower than Surplus Calculator
Name Surplus Calculator Value Mock Price Difference
1 Connor Joe 14 6 -8
2 Charlie Blackmon 15 8 -7
3 Michael Brantley 14 9 -5
4 Marcell Ozuna 15 10 -5
5 Giancarlo Stanton 34 29 -5
6 Aaron Judge 43 39 -4
7 Josh Naylor 4 0 -4
8 Alex Dickerson 4 0 -4
9 Max Kepler 8 4 -4
10 Raimel Tapia 5 1 -4
11 Ramón Laureano 7 3 -4
12 Jesús Sánchez 8 4 -4

Most of these names are not huge surprises. Brantley and Blackmon are older players, and older players are often undervalued at auction. They are unexciting, they offer less long-term value, and managers are worried about decline. Add in the fact that Blackmon put up a poor season and looks like he might be in decline, and this is not shocking. Targeting older players who might be undervalued is a great way for a team ready to compete to grab relatively inexpensive production. Brantley in particular is a guy I will look at in a lot of my leagues, but I suspect other veterans – Clayton Kershaw, Paul Goldschmidt, Josh Donaldson, etc. – will come at a discount in many leagues because they are not young and exciting.

Others have extenuating circumstances. Laureano is going to miss the start of the season, but as far as Steamer is concerned, his projection is no different than any other player who will miss time (he’s projected for 126 games as of now). But for fantasy managers, we already know he is a dead roster spot for a month. Ozuna’s price was almost assuredly depressed by managers who simply don’t want to roster him – I was not going to bid on him at all, and having a few managers simply sitting out on a guy will result in prices like this. For Laureano, this likely makes him an interesting buy low – yes, you need to account for the missed time, but Steamer is already doing that. For Ozuna, price isn’t really a factor for me. I am just not going to bid on him.

Some of the others are interesting. Stanton and Judge have a history of missing time, which may be driving down their prices. Judge is projected for 150 games and I can’t blame managers for thinking that is optimistic. Stanton, however, is projected for 138 games, a number he has surpassed in three of the last four full seasons. He may just be undervalued, which might make him a bit of a buy-low/sleeper in drafts this spring. When looking at projected values, always look at projected PA or games. If you think a guy is likely to play more or less, you can use that to buy or sell on the projected value.

Joe and Sanchez appear to be breakouts that Steamer is buying, but managers in this auction may have been hedging. Even if you see and believe the $8 projection on Sanchez, maybe you aren’t ready to pay full-price? I actually agree with hedging on breakouts, but if ZiPS, THE BAT, and others are equally high on these two, it might be a good idea to “overpay” vs. the market to get them.

Dickerson and Kepler are both guys who posted strong seasons as recently as 2020, but really struggled in 2021, and it appears the managers in this draft have written off Dickerson and downgraded Kepler over those struggles, maybe more than they should. OF felt shallow to me in this auction, particularly late, and I think I need to upgrade these two given what we know they are capable of.

Tapia is sorta like Dickerson and Kepler, except the highs are not as high and the skillset is not as good a fit for the format. But Steamer is still a fan. The challenge I have with him is that Steamer is projecting a .321 wOBA, which Tapia has only managed twice in his career – over 171 PA in 2017 (.321) and over 206 PA in 2020 (.338). I just don’t buy that he’ll put up that good a season.

Naylor is coming off a brutal injury and is a guy who has not put up the numbers many projections and writers (myself included) expected or hoped for. I suspect he’ll continue to be little rostered or underpaid at least until he gets back on the field. And I am not sure the projection systems will do a great job accounting for this injury given how rough it was.





A long-time fantasy baseball veteran and one of the creators of ottoneu, Chad Young's writes for RotoGraphs and PitcherList, and can be heard on the ottobot podcast. You can follow him on Twitter @chadyoung.

2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Joe Wilkeymember
2 years ago

I can’t get even remotely excited about Dickerson, even at $1. He’s a 31 year old outfielder who currently doesn’t have a team, had a really good short season in 2020, but has nothing else really going for him historically. I’m all for the undervalued veteran in OttoNeu, they often go for less than they should, but Dickerson is going to be a league average-ish bat in the outfield. His projection is Darin Ruf plus a smidge of extra power, but Ruf has a team to play for, so there’s something to be said for that.