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Friday, August 04, 2017

Summary of Free Agent Market Trends | FanGraphs Baseball

Entertaining series. Be sure to read the comments as well.

In general, the bigger picture is that the low-hanging fruit has mostly disappeared. It has become harder to identify undervalued players using simple data, which means that teams will have to continue to innovate if they want to get good bargains on free agents. Some of this is simply better forecasting of performances, but it also requires better forecasting of free-agent markets. Being able to identify what types of players end up overpaid or underpaid due to competition is an important aspect of free-agent targeting.

Furthermore, determining which types of players a given team has a competitive advantage at signing could be an important source of value. For example, a team with solid outfield defense could still get value by outbidding other teams for a fly-ball pitcher. Similarly, a team with a pitching coach who teaches a good curveball could help create value out of pitcher with talent who is struggling to find his curveball. Simple park effect differences between teams could be a source of value as well.

Jim Furtado Posted: August 04, 2017 at 10:14 AM | 0 comment(s) Login to Bookmark
  Tags: economics

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