Ottoneu: Jake’s Keep or Cut Decisions at OF

Before the holidays, Lucas Kelly ran through his keep or cut decisions in the outfield, part of our ongoing series heading into the keeper deadline on January 31. To catch up with him, Chad Young and I are finally getting around to our entries in the series before we move onto pitchers next week. I’ll run through three players on my bubble and where I think the keep line could be for each of them. All P/G projections are from the 2024 Steamer projections.

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Cedric Mullins OF
Salary: $15
Average Salary: $17.1
2023 P/G: 4.37
Projected 2024 P/G: 4.80

We’re now two years removed from Cedric Mullins’ huge breakout in 2021 and it really seems like that was his high water mark. In the two years since posting a 136 wRC+, that metric has fallen year-over-year to just a point below league average last year. He did struggle through a recurring groin injury that cut into his playing time and definitely affected his ability to use his speed to his advantage. Now we’re left with plenty of questions about how valuable he’ll be moving forward.

There are a few encouraging signs under the hood though each of them is tempered by a red flag. After seeing his ISO drop from .228 during his breakout season to .145 in 2022, he was able to punish the ball more often last year, pushing his ISO back up to .183. That improvement was backed by an improved barrel rate and a batted ball profile that leaned even more heavily into pulled contact in the air. Elevating his batted balls was one of the keys to his success back in ‘21, though he might have gone a little too far last year. His groundball rate was the lowest of his career and nearly half of his batted balls were categorized as fly balls, but the expected wOBA on that elevated contact was nowhere near where it was two years ago.

His sweet spot rate — the rate at which he makes contact at ideal launch angles — was at a three-year low last year. Despite elevating his batted balls on the regular, he was hitting far too many at uncompetitive launch angles or without much power behind them, leading to a ton of weak fly balls.

On the plate discipline side of things, Mullins cut his chase rate to the lowest it’s been since a brief cup of coffee back in 2018 in his first exposure to big league pitching. That helped him post a career-high 9.5% walk rate. Unfortunately, his contact rate also fell three points and the corresponding increase in whiffs drove his strikeout rate up to 22.2%.

The other complicating factor is that the Orioles started to platoon Mullins pretty heavily last year even though his platoon split was pretty even. It’s hard to take that split seriously since he only accumulated 119 plate appearances against left-handed pitching last year but it’s something to monitor, especially with a crowded outfield in Baltimore.

Keep or Cut?
As much as I’d like to dream about Mullins reaching his 2021 heights again, I don’t think he’ll be worth $15 this year. Steamer has him bouncing back in 2024 with a .317 wOBA which would be higher than what he posted each of the last two years. Still, that’s more like a $8-$10 outfielder, not the $20 outfielder he was in 2021. I’m gonna cut and see where he goes in the draft because I think a lot of people will be overlooking him due to his struggles.

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Seiya Suzuki OF
Salary: $18 and $24
Average Salary: $21.8
2023 P/G: 5.76
Projected 2024 P/G: 5.53

In his second season stateside, Seiya Suzuki improved across nearly every significant offensive category. But simply looking at his full season stats hides some of the ups-and-downs he experienced during the season and I think some of that narrative is affecting how he’s valued heading into this upcoming season. Here’s his rolling 20-game wOBA from last year:

He had an early slump, dealt with a few minor injuries, and really slumped in June and July and was finally benched for a short time in early August. But from August 9th onwards — the day he returned to the lineup full-time — he was the second best hitter in baseball, a hot streak that salvaged his full season stat line. So which version of Suzuki is the real one?

As Ben Clemens laid out in the article linked above, the adjustments Suzuki made in August were specific to his approach and directly addressed the reasons why he was struggling in the first place. He was specifically hunting breaking balls located in the zone while continuing to wallop the fastballs he saw up the middle and to the opposite field. It was a change to his approach that got him out of the middle ground between trying to adjust to hard and soft stuff. As Clemens put it, “This isn’t some fluke of soft line drives falling in all over the place or grounders finding holes in the infield. He’s just pummeling the ball, and doing it in a way that suits his game.”

It’s possible some of the hesitation around drafting Suzuki is related to his bearish Steamer projection. It sees him taking a slight step back in 2024, with a .345 wOBA that sits right in between what he’s accomplished over the last two years. But remember, his .358 wOBA from last year included those two significant slumps during the first half of the season. With another season of exposure to major league pitching under his belt and the assurance that he was able to make significant adjustments to his approach on the fly, I’m thinking he’s got a good shot at beating that projection this year.

Keep or Cut?
I’m extremely happy to keep at $18 and I’m trying to find room in my budget to keep him at $24. I’d think I’d be comfortable keeping him at up to $26 or even $28 depending on the league context and cap situation.

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Masataka Yoshida OF
Salary: $20
Average Salary: $23.4
2023 P/G: 5.16
Projected 2024 P/G: 5.63

When Masataka Yoshida made the leap from NPB to the majors, the biggest question was whether or not his low-strikeout, high-walk approach would translate against big league pitching. It’s a little complicated but I’d say his rookie year was a modest success; he posted a 109 wRC+ though his overall value was seriously hurt by his lead glove in left field. His defense isn’t a concern for fantasy baseball, but even his offensive production had some curious red flags.

Through the end of June, he was posting a 129 wRC+ with a good 8.7% walk rate and a great 11.3% strikeout rate. More importantly, he was hitting for power and generally looked like he had made the transition without much fuss. From July 1 through the end of the season, he took just seven walks total, his strikeout rate spiked to 17.0%, and his power output dried up a bit. The contours of his season look pretty ugly once you pull up his 20-game rolling averages.

Even though his plate discipline fell apart in July, he was still producing at the plate. Once the calendar flipped to August, that production dried up and he slumped all the way through the end of the season. Looking under the hood, it really seems like he started pressing as soon as he started to struggle. His patient approach went right out the window and he started aggressively swinging at everything.

His overall swing and chase rates spiked during the second half as he tried to swing his way out of his troubles. That led to a collapse of his walk rate and a corresponding spike in strikeout rate. The good thing is that his contact rate stayed relatively unchanged. He wasn’t generating as much power with his swing during his slump, but he was still putting the ball in play regularly.

Keep or Cut?
Were his second half struggles indicative of what to expect moving forward or was it just a particularly bad slump compounded by an aggressive turn to try and break out of it? Steamer seems to think it was just a blip and is projecting a pretty significant improvement in 2024. I’m leaning towards believing in the projection but there’s still some risk involved here. $20 feels right without leaning too heavily into that risk. I’m not excited to keep him at that salary but I don’t think I’d be able to get him any cheaper in the draft.