Archive for hot stove analysis

When Alex Wood reached an agreement with the Dodgers on a one-year, $4 million contract on Sunday, it didn’t quite get the attention of, say, Gerrit Cole’s megadeal with the Yankees. The Dodgers are bringing the 29-year-old lefty back after a one-year hiatus in Cincinnati to compete for the fifth spot in the rotation, so it shouldn’t have been a headline-grabbing move. Yet it has only been three years since Wood was one of the biggest stories in fantasy, ranking as a top 10 starting pitcher despite totaling 152.1 innings. After having missed much of 2016 with an elbow impingement, Wood went 16-3 with a 2.72 ERA, 1.06 WHIP and a 24.6 percent strikeout rate.

If 2019 hadn’t happened, this would have been a much more celebrated move, but as it turns out, 2019 did happen. Wood developed back issues in spring training, and he did not make his debut with the Reds until July 28. He started off decently enough, allowing two runs in each of his first two starts, but then he went on to roll off a string of four starts that produced 18 runs (16 earned) in 18.1 innings. He rebounded with a quality start against the Marlins, though all three runs he allowed were solo homers, giving him a total of 11 allowed in 35.2 innings. After that start, Wood’s back stiffened up again, and he would not take another turn in the Reds’ rotation. He finished with only one win and a 5.80 ERA.
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Rick Porcello and Tanner Roark are both leaving the Winter Meetings with new teams, as Porcello agreed to a one-year, $10 million deal with the Mets and Roark will provide much-needed innings for the Blue Jays on a two-year, $24 million deal. Neither pitcher has had an ERA below 4.00 in any of the last three seasons, but both pitchers have been remarkably durable and largely reliable as innings eaters.

Porcello, of course, has a 2016 American League Cy Young Award on his résumé. While he has not pitched close to that level since, ample run support and regular turns in the Red Sox’s rotation have helped him to win 31 games over the last two seasons. In 2018, he went 17-7 with a 4.28 ERA, and that was good enough for Porcello to rank 41st among starting pitchers in 5×5 Roto value. With the Mets, he will hold down the fourth or fifth spot in the rotation, depending on whether they trade one of their other starters in the wake of adding both Porcello and Michael Wacha during the Winter Meetings.
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The Mets signed Michael Wacha to a one-year, $3 million deal with $7 million worth of incentives on Wednesday afternoon, and he ostensibly fills the rotation vacancy left by Zack Wheeler, albeit as their fifth starter. Wacha has exceeded 170 innings only once in his seven-year career, and his 2019 season was discouraging, featuring a 4.76 ERA and a couple of demotions to the Cardinals’ bullpen. On the plus side, he recorded a 3.20 ERA in an injury-shortened 2018 season, and at 28 years old, he could still have several good seasons ahead of him.

Wacha’s fantasy appeal has never been about strikeouts, but he has authored four seasons with a sub-3.50 ERA. In each of those years, he has had low HR/9 ratios and BABIPs, both of which were frequently aided by soft contact rates. Pitching at Busch Stadium helped as well. Over his first six seasons, Wacha had a 3.54 ERA and an 0.7 HR/9 at home,, but a 4.02 ERA and a 1.0 HR/9 on the road. This past season, he was better at home yet again, but neither set of splits was very good. Wacha was abysmal on the road with a 5.30 ERA, and he gave up more than two home runs for every nine innings. At home, his ERA was superficially respectable at 4.07, but he needed to strand 81.7 percent of his baserunners to keep it that low, as hitters collectively put up a .278/.338/.481 slash line against him.
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The Rays agreed to trade Tommy Pham, along with two-way prospect Jake Cronenworth, to the Padres for Hunter Renfroe and middle infield prospect Xavier Edwards on Thursday night, but this isn’t exactly a trade impact piece. I don’t see the deal having much of an impact on the fantasy value of any of the players involved, or at least not enough of an impact that the changes of scenery are likely to affect my 2020 rankings.

In sizing up how the trade might affect Pham’s fantasy value, I noticed something odd in his month-by-month trends from 2019. He had never recorded a BABIP below .333 in any of his four previous seasons, and through the end of May, Pham had a .346 BABIP that looked quite normal for him. Then, all of a sudden, he stopped BABIPing. Pham’s rates for the next three months were .288. ,265 and .303, though he did rebound for a .338 BABIP in September. His .299 BABIP over those four months combined is normal for most hitters but unusually low for him.
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