Ottoneu 101: Midseason Free Agents

Over the past 7 days, the most added player in Ottoneu is Yulieski Gurriel. Over the past 30 days, the most added player in Ottoneu is Yulieski Gurriel. That’s a lot of Gurriel auctions! Here’s quick glance at the most added players in Ottoneu over a 7 and 30 day split:

Ottoneu Most Added (7/20/2016)
Name Owned Added (30 days) Added (7 days)
Yulieski Gurriel 70.59% 70.59% 70.59%
Eloy Jimenez 37.25% 31.86% 18.13%
Ryan Dull 62.75% 46.57% 17.65%
Ryon Healy 23.04% 20.59% 15.20%
Dylan Bundy 72.55% 25.49% 12.25%
Tyler Naquin 72.06% 44.61% 10.79%
Bud Norris 41.18% 39.71% 6.86%
Danny Espinosa 83.33% 41.67% 2.94%
-Dull and Gurriel appear on both lists.

This post is not so much about Gurriel, but rather a larger Ottoneu topic. What do you do with free agent top prospects during the season? How do you bid? (In this sense, the term prospect can be broadened to mean any player added to the player pool midseason). If you don’t see Gurriel as a pertinent example, consider the likes of Kyle Lewis, Corey Ray, Nick Senzel, Lazaritos, or any other of the recent draftees or international free agents. While the same premise should hold for any of them, Gurriel is an exaggerated example.

Yulieski Gurriel
Pos. Average $ Min Max
Util $13.08 $1 $32

As seen above, Gurriel is being scooped up in nearly all leagues, and the price range is rather broad. An important question needs answered. Why bid so much? While the $32 max mid is eye-popping (and probably is met with some criticism from other owners) we shouldn’t ignore well justified reasoning if it presents itself.  Two common responses to a $32 Gurriel bid.

“I believe he is a $32 player”

“I want to block other teams from having a good keeper, if he produces well”

 “I believe he is a $32 player”

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I personally do not believe this is the case. I should acknowledge my bias up front. That being said, if I am going to bid $32, or any amount on a player, it is important to consider what a player at that price point looks like. Using our pre-season rankings, we can compare Gurriel to other 2B/3B/OF (where he has played in the past and is likely to get eligibility). Yes, these rankings are from the beginning of 2016, but it can be helpful to get an idea of a pricing curve. By looking at what $25-$35 could buy you pre-season, we can get a general idea of what type of production should be expected. Can we expect Gurriel to perform like these names?

$25 – $35 Players (2B/3B/OF)
Name Pos pre-2016 Price PAs wOBA
Matt Carpenter 2B/3B $32 351 0.415
Jose Altuve 2B $32 427 0.412
Carlos Gonzalez OF $26 379 0.386
Nelson Cruz OF $26 392 0.382
Robinson Cano 2B $30 417 0.382
Ryan Braun OF $29 325 0.371
J.D. Martinez OF $34 285 0.370
George Springer OF $27 432 0.353
Miguel Sano 3B $35 275 0.348
Yasiel Puig OF $26 292 0.305
Jason Heyward OF $29 366 0.294
Justin Upton OF $32 367 0.292
A.J. Pollock OF $30 0 0.000
Average $30 354 0.361

From our rankings, that’s the entire list of pre-season $25 to $35 players at those 3 positions. Some pretty elite company. Currently, several of those names are worth more than $30, while some are worth less. Players are volatile.  Certainly it’s possible Gurriel produces a ~.360 wOBA in Houston, but I would bet against it. Either way, it helps to give you a barometer for what $30 can buy you in an auction and the type of production you could end up with from spending $30 on player. Feel free to bid highly on a free agent, but have a baseline in place of what your bid is worth.

“I want to block other teams from having a good keeper, if he produces well”

In my experience, this response is more common when a higher than expected bid is placed. Gurriel may not be worth $32 in the eyes of this owner, but he is rebuilding and has extra money to spend. He wants to assure Gurriel is not owned at (what may turn out to be) a favorable price for someone else. By bidding $32 (or some higher amount), Gurriel would have to perform far better than expected, only to be an “okay” keep. This owner does not care about that. He’ll cut Gurriel in the offseason, and see what he costs at the annual auction when the league has a better idea of his expected production.  In theory, I do not have a problem with this justification. If you can bid a high price on a midseason free-agent (like Gurriel), without having to make some difficult cuts or hamstring your budget through season’s end, the tactic can work. In many circumstances, this is not the reality. I would only advocate for this strategy if you left yourself the means to go after other recent draftees or free agents at modest prices. For example, last year you could have forgone blocking teams from a high priced player and gone after 2015 draftees like Dansby Swanson, Alex Bregman, Andrew Benintendi, Brendan Rodgers, or Ian Happ at $5 or less a piece. Maybe some players are cut as the result of a high bid and leave a few attractive free agents on the wire. I’d want to scoop these guys up. If I could block Gurriel while keeping my ability to go after other free agents (and prospects), I would, but I have not seen this be the case in any of my leagues. What about in yours?

In situations like this, I would approach Gurriel by bidding what I think he is worth. For me, that is around $12. If I was playing in a league against a super-team and was rebuilding, I would probably put a premium on the volatility surrounding Gurriel – since Ottoneu allows you to cut and re-auction a player every 30 days to reduce cap penalties – adding around $4 to my bid. However, I would not do this at the expense of targeting other top prospects available in free agency. Is there other justification for extremely high bids on midseason free-agents? Let’s discuss in the comments.





Joe works at a consulting firm in Pittsburgh. When he isn't working or studying for actuarial exams, he focuses on baseball. He also writes @thepointofpgh. Follow him on twitter @Ottoneutrades

10 Comments
Oldest
Newest Most Voted
Brad JohnsonMember
10 years ago

I figured he was a $2 player. He went for $15 in our league.

Trey Baughn
10 years ago
Reply to  Brad Johnson

Agree with Brad here as my expectations of Gurriel are very very low, yet I bid $24 (won him for $23) in one league where I had $30+ in cash to spend. There’s maybe a 1% chance he’s worth $20+ this season and heading into next but at this stage in the season I figured there isn’t going to be much else to spend the extra cash on, so why not?

uhhhjboy
10 years ago
Reply to  Trey Baughn

You can always cut him in the off-season and re-sign to a reasonable rate. I see nothing wrong with that kind of bid. If you got the money, spend it. Your cap doesn’t roll over into next year.

sakiehl
10 years ago

This is a pretty great summary. The only difference I would point out is that when you are bidding on Swanson, Bregman, etc. last year, it’s different. You have to hold them for a year+ to get an indication of what salary they are worth.

The bid high strategy only makes sense if you can afford it, and the player will debut this season to give you some data.

sakiehl
10 years ago
Reply to  sakiehl

Essentially a $30+ is saying I want the market to set the salary at the draft next year, not now when we don’t know what to expect. And I’m willing to put up money to do that on the 1% chance he looks like Trevor Story did for a month and suddenly has a ton of trade value.

And I don’t actually expect anyone else to bid that high. If it’s anywhere close I’d just cut him and have wasted $15 until he gets auctioned again, which would probably be quickly.

CC AFCMember since 2016
10 years ago

I think it’s similar to “I want to block other teams,” but I think there’s another line of reasoning which is something like maybe he’s only a $15-20 player, but I’ll bid over the odds on him at midseason and if I catch lightning in a bottle then great, and if not, I’ll just cut him at the end of the season. If you have the money, I think that’s a fine strategy.

Hitch
10 years ago

I’m actually the guy who put in the 2nd-highest bid to the $32 referenced above. I just laughed when I saw the results and assumed the owner simply didn’t want anyone else to get a bargain. Said owner is in 4th but not really close to contention in a top-heavy league. I expected I’d get Gurriel in all 3 of my leagues with $12 bids, and I actually only landed him in one; but in that one I got him for $2.

baltic wolfMember since 2016
10 years ago

I don’t play in Ottoneu, but in my 16 team keeper league with a $1000 FAAB he went for $431. The second highest bid was $175. The guy is in total rebuild mode but we do have a consolation bracket (winner gets first pick in the prospect and regular draft next year) so you could say he limited his options there.
I guess Cubans really excite a lot of players But at 32 yrs. of age, and with questions about his playing time with Bregman soon to arrive, it didn’t make a lot of sense to me.

LHPSU
10 years ago

It’s not entirely unreasonable to compare Yulieski Gurriel to Matt Carpenter. That’s obviously the best-case scenario, but it also doesn’t take a huge stretch of the imagination.

Funnily enough, I’d say that the bid price distribution pretty much reflects Gurriel’s range of outcomes.