jocketty's legacy: part 2 of 2
here's part 1 of this post, in case you missed it.
i'm gonna be looking at some of jocketty's individual transactions today. all the caveats from tuesday's post stil apply, and here's one more: the lists below are not (repeat: not) meant to identify "best" and "worst" transactions. they're identifying which ones brought the most future production (as measured by win shares) into the organization, and which ones sent the most future production away --- but that's not the same as "best" and "worst." what's the distinction? a "losing" trade --- ie, one that sends away more future win shares than it brings in --- can still be a good trade if it alleviates a positional imbalance or fills a glaring need on the roster. just to cite one example: the coco crisp / chuck finley trade carries one of the highest win-share deficits among all jocketty's transactions, but i have a hard time calling that a "bad" deal; the cards had an surplus of outfield talent at that time (both at the big-league level and in the farm system) and a desperate short-term need for starting pitching caused by the death of darryl kile. the trade was never intended to broaden the team's long-term talent base; it was meant to fill a short-term need, and it succeeded in that purpose.
the point of this exercise isn't to judge individual transactions as "good" or "bad," nor even to judge individual players as good/bad; royce clayton may have piled up a lot of win shares in his career, but few would mistake him for a particularly good player. the point of the exercise is to try to learn something about team-building --- to examine how one successful gm went about the business of broadening his team's talent base.
please keep that nuance in mind as you read.
first, here are the largest win-share parcels jocketty acquired during his tenure, and largest parcels he sent away:
| player | type trans |
ws to STL |
player | type trans |
ws from STL |
|
|---|---|---|---|---|---|---|
| jim edmonds | trade | 196.4 | dmitri young | trade | 114.2 | |
| edgar renteria | trade | 159.0 | david bell | waivers | 104.5 | |
| royce clayton | trade | 116.1 | placido polanco | trade | 100.2 | |
| scott rolen | trade | 113.4 | adam kennedy | trade | 96.8 | |
| david bell | trade | 107.6 | jack wilson | trade | 90.0 | |
| mark mcgwire | trade | 99.6 | todd zeile | trade | 87.0 | |
| mike matheny | free agent | 77.2 | brian jordan | free agent | 85.8 | |
| delino deshields | free agent | 75 | royce clayton | trade | 83.6 | |
| ron gant | free agent | 67.3 | jd drew | trade | 80.8 | |
| fernando vina | trade | 59.9 | coco crisp | trade | 71.2 |
note that many of the jocketty's most impactful acquisitions --- woody williams, chris carpenter, darryl kile, andy benes--- don't even make this list. that's because the list is entirely made up of position players, which suggests to me that the win-shares system might have a little bias built into it. here are the biggest pitching win-share parcels that jock brought in and sent away:
| player | type trans |
ws to STL |
player | type trans |
ws from STL |
|
|---|---|---|---|---|---|---|
| jason izzy | free agent | 59.8 | braden looper | trade | 67.3 | |
| darren oliver | trade | 56.3 | rheal cormier | trade | 58.8 | |
| woody williams | trade | 55.3 | dan haren | trade | 48.0 | |
| mike timlin | trade | 53.9 | darren oliver | free agent | 41.5 | |
| todd stottlemyre | trade | 50.6 | mike timlin | trade | 40.6 |
if carp hadn't been hurt last year, he'd be number 1 on this list (he currently has added 49.8 win shares since his acquisition); wainwright will join it with a couple more seasons like 2007. it's easy to disparage some of the names on this list --- what do nonentities like darren oliver, mike timlin, and rheal cormier have to do with anything? --- but those shots are easy to take with hindsight. put things into context: at the time he was traded, cormier was a 27-year-old left-handed pitcher with a career ERA of 4.12 and a k/bb ratio of nearly 4 to 1 --- a valuable property who didn't live up to his promise. oliver, also a 27-year-old lefty at the time of the transaction, had even more potential; his career mark at the time was a healthy 41-27, and he had pitched effectively in a hitter-friendly environment --- a career era+ of 109. he was about as valuable then as cliff lee was heading into last season. like cormier he fell far short of his promise, but it's not ridiculous to characterize that as an important transaction. if you're building a team for the long haul, you try to add guys like darren oliver circa 1998; then you hope for the best.
i've got to wrap this post up, so without further ado here are the trades with the highest differentials (positive and negative) in terms of future win shares. (notice these are not labeled "best" and "worst" trades.)
HIGHEST NET WIN-SHARE GAIN
2. allen watson (17.3), doug creek (8.7), and rich delucia (5.8) for royce clayton (116.1): + 84.3 win shares, 1996. make fun if you wish, but this was an outstanding deal. in exchange for roster lint, jocketty acquired a reasonably priced, league average player --- a 25-year-old shortstop with a good glove, good speed, and decent pop. his top B-R comps at that age were bill russell and dave concepcion. . . . it was a long time ago, but the deal helped bring about a division title and very nearly a world-series appearance.
3. braden looper (67.3), antonio almanza (10.2), and pablo ozuna (10) for edgar renteria (159): + 73.5 win shares, 1999. this deal came the same year as the mike matheny free-agent signing (+77 win shares), and just a year before the deals for edmonds (+92.6) and vina (+42 win shares) --- shortstop, catcher, centerfielder, second baseman. how do you build a winner? up the middle.
4. ken hill (34.1) for david bell (107.6): +73.5 win shares, 1995. frankly, this deal wasn't such a prize. hill still had some value left --- he finished 6th in the AL cy young voting the following season --- and bell, while an intriguing prospect (he did very well at a young age at triple A), wasn't anybody's idea of a future star.
5. blake stein (14.4) and tj mathews (17.1) for mark mcgwire (99.6): 68.1 win shares, 1998.
2. jack wilson (90) for jason christiansen (9.6): -80.4 win shares, 2000. excusable. jocketty was trying to put the finishing touches on a championship contender's bullpen --- he acquired this guy specifically to get out barry bonds and jt snow in a possible nlcs matchup. wilson was a nondescript A ball prospect coming up behind edgar renteria, who was still in his mid-20s.
3. todd zeile (87) for mike morgan (19.4): -67.6 win shares, 1995. zeile was headed for free agency anyway; so what.
4. coco crisp (71.2) for chuck finley (4.3): -66.9 win shares, 2002. excusable, for the reasons described above.
5. dan haren (48), kiko calero (12), and daric barton (3.5) for mark mulder (9.6): -54.7 win shares, 2005. this'll be #3 on the list by the end of this season and #1 by 2010 or so --- maybe sooner, depending on how much value (if any) mulder has got left.
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Is this the complete picture?
by cariocacardinal on Feb 14, 2008 9:39 AM EST 0 recs
the limitations in the methodology
as to the first point --- that would definitely provide a better picture of the true exchange involved, but it would take more research --- year-by-year contract-status research for more than 200 players --- than i'm willing to do. if you or anyone else has the time and wants to do the research, go for it. it would improve the analysis.
by lboros on
Feb 14, 2008 10:06 AM EST
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on further reflection, carioa
forget about the cost and just focus on the amalgamation of talent. did jocketty identify valuable properties to acquire? were they more valuable than the properties he surrendered? this exercise not only answers both questions in the affirmative, but helps to quantify them --- ie, how big was the talent gain? and while the exercise doesn't quantify the dollar amounts, part I of the exercise tells us that his primary means of talent acquisition was the free agent market. this tells us that, ultimately, payroll expansion explains jocketty's success to a large degree.
by lboros on
Feb 14, 2008 10:30 AM EST
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true
True. But others have also been given expanded payrolls and not been as successful. I'd say a more accurate statement is that payroll expansion gave Jocketty the means to be successful, and he made the most of it.
by flynn on
Feb 14, 2008 10:51 AM EST
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And...
by flynn on
Feb 14, 2008 10:54 AM EST
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no...
The only exception to this should be in strange situations like McGwire when the player wouldn't have signed with your team in free agency if you hadn't traded for him a few months earlier.
by yad on
Feb 14, 2008 5:16 PM EST
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i've been doing a poor job of explaining
gained: edmonds 196.4 win shares (ie, all the win shares accumulated after the trade)
lost: kennedy 96 win shares, edmonds ~170 win shares (ie, all win shares accumulated after free agency)
in other words, this would show a huge net loss. all the win shares that edmonds accumulated after leaving the team would count in both the "gain" and "loss" columns, so they'd cancel each other out. the trade would reflect the actual exchange: kennedy's 8 years of win shares vs edmonds' 1 year. a net loss of talent.
does this make it any more clear?
by lboros on
Feb 14, 2008 6:58 PM EST
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Roster space
by StLHugo on Feb 14, 2008 9:44 AM EST 0 recs
I just can't get past the $
But, to me, the glaring omission of cost in this exercise is so huge it just kills it for me. I, too, respect Levitt but I just don't see anything gained by this information.
I am not knocking your post. I actually appreciate the look into the methodology and enjoyed the read. I just don't see the value of the method or results.
What is the point of seeing what a future free agent did in his career without measuring it against what it would have cost your budget? IMO, the Mulder trade should already be number one for that very reason. How much payroll have we spent on him vs. the other players? What could you have done with that money plus Haren/Barton/Calero in the previous years if the trade hadn't been made?
I know I am stating the obvious in that illustration and the point of the analysis isn't to measure what i am illustrating. I just can't understand what/if anything Levitt's trade analysis teaches anyone?
by RedbirdRay on Feb 14, 2008 10:02 AM EST 0 recs
PS
If WJ had not made the Mulder trade, we would not be rebuilding right now. It wouldn't be necessary.
by RedbirdRay on
Feb 14, 2008 10:04 AM EST
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for the most part, I agree.
by silent_bob on
Feb 14, 2008 10:11 AM EST
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WJ was a great GM
As for Barton, he can hit, thats' for sure. But isn't he pegged for the DH slot in Oakland? If he is, where is his spot here? He certainly won't play 1st. He doesn't have the arm for 3rd (which a healthy Rolen was occupying at the time anyway). He had NO outfield experience.
It was a great trade for both teams that just panned out for one.
I'm not too sure if the A's weren't hiding some sort of medical info we didn't know anyway.
by Eckstreem on
Feb 14, 2008 1:57 PM EST
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I agree on WJ
I do think looking at all his trades with money and number of years under team control adds quite a bit to the evaluation of his performance.
In regards to Barton, what do you think he could have gained us in trade this year? Just because we kept him then, doesn't mean we would have to hang onto him permanently. I have read indications he will be the firstbaseman for the As this year, getting the majority of ABs over Johnson. I bet him with a bullpen arm or two could have landed a top SS prospect or been a nice piece of another trade.
by RedbirdRay on
Feb 14, 2008 2:08 PM EST
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gained?
we lost barton, we might lose anderson, but we have a gold glove caliber catcher right now that's only 25.
by cardwash on
Feb 14, 2008 3:41 PM EST
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agreed re mulder
but as i said above --- if i add cost to the equation for jocketty alone and derive a raw cost per win share, it still doesn't tell us anything. it's only meaningful if i do the same exercise for every other gm, so we can compare walt's rate of return vs theirs. the main factors he had going for him were a) ownership --- when he wanted a great player --- and b) a productive farm system.
the talent pipeline and the money pipeline both went dry at the same time. walt's weaknesses got exposed at that time.
by lboros on
Feb 14, 2008 10:13 AM EST
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Understood
Without looking at all GM's and markets, just adding the payroll dollars over the years the trade spanned would tell you enough to evaluate the trades in terms of our team. I don't really think the players contibutions beyond the terms of the contract a the time of the trade have much meaning. For example, what Mulder does for us now is fairly irrevelant to the trade. He is out of that contract and we could have signed anyone with that $. Haren & company, however, are still on the clock.
by RedbirdRay on
Feb 14, 2008 10:28 AM EST
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but the ultimate issue still is
in the last 3 years of his reign (2005-07), jocketty let more talent leave than he brought in --- and that balance sheet's only going to look worse over time. this is a large reason why he got fired.
but if we're going to hold him responsible for those failures, then give him credit for the job of talent-amalgamation he did in 1994-2004. sure it was largely fueld by money, but a lot of other gms had big budgets too and didn't do nearly as much with them. the orioles, cubs, mets, white sox, dodgers --- the gms of all those teams had at least as much money to work with as jocketty. i would tend to doubt any of those organizations showed as high a net win-share gain as the cardinals over that span.
by lboros on
Feb 14, 2008 10:45 AM EST
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couldn't agree more
The moneyball way is now, its alot easier to compare players when you can use advanced stats to compare and predict their futures.
by elirock83 on
Feb 14, 2008 11:30 AM EST
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Walt's legacy speaks for itself
The question of how this was accomplished is more complicated.
Yes, money plays a role, but consider two additional facts. One, when he took over (in 1995, post-strike) average attendance was 24,000. The 1996 season jumped that to 32,000--and as I remember, it's been above that level. The last three seasons have been virtually sellouts every game. So while the payroll increased (along with the rest of baseball), the revenues also increased.
Second, while a lot of the advantage was in the Edmonds and McGwire trade and signs, there were 28 other teams that could have done the same for each player, and did not. And the availablity of money didn't necessarily mean a wise decision of acquiring wins with the money.
Why did the Angels trade Edmonds? Because they believed that Erstad was ready to replace Edmonds. While they gave Erstad virtually Edmonds money (4 years, $32 MM at one point), he's had one season (2000, 137 OPS+) in his career that approaches the typical Edmonds season. From 2001 to 2006 the Angels paid Erstad $41.7MM for OPS+ seasons of 82, 86, 72, 97, 87, and 57. For the same period, the Cards paid Edmonds $53.7 MM for OPS+ seasons of 149, 158, 160, 170, 137, and 110. Walt took a risk of signing Edmonds (or McGwire) and those risks paid off.
The rosters of other teams over the period were littered with bad contracts--how about Mike Hampton as just one example--he's pitched 69 innings the last three years for $44.1 MM. A lot of teams spent a lot of money unwisely.
Also, as I wrote in the other thread, the Cards drafts were more productive in producing major league performance than their rivals--as the numbers show (and at some point I hope to run the numbers using Win Shares through the end of 2007, and I will share them when I am done).
I believe when you combine the gains that you illustrate in these posts, along with the advantage in drafted players, explains a great deal of why the Cards were successful under Jocketty.
But it was a lot more than just money, IMO.
Dave
by Sydney dave on
Feb 14, 2008 5:21 PM EST
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This should be simple to fix (at least crudely)
by yad on
Feb 14, 2008 5:19 PM EST
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If Bud Smith...
by cardzfanbub on Feb 14, 2008 10:04 AM EST 0 recs
the rolen trade
For a system to have utility it needs to properly value talent concentration, which imho is the key to building great ball clubs.
by SleepyCA on
Feb 14, 2008 2:45 PM EST
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Never as simple as it seems
One of the best trades that Walt made was the Drew deal to Atlanta. Not only did we trade our All-Star-quality outfielder and a catcher/utility-player (who wasn't really interested in catching anymore) for three useful pitchers, but the money we saved in salary differences allowed us to sign Reggie and Suppan. In turn, Burger King morphed into basically Miles, Sanders converted into Instant Breakfast, Suppan's & Marquis' roster dollars went towards Wells and others, and opportunities arose for minor leaguers. All of these moves loop around and intertwine.
by Solanus on Feb 14, 2008 12:16 PM EST 0 recs
money is funny
I personally give the organization a pass on the Mulder deal... injury is injury. If Mulder was able to put up anything like career numbers, that whole picture looks very different.
My biggest teeth gnashing over Walt is in letting Grudzielanek go, when he only wanted a fair couple more million. Underneath that, roughly similar scenarios for Mike Matheny and Edgar Renteria.
Grudz was a 'fit; if I ever saw one.
You don't let the best defensive catcher in the league (MM) leave when he has at least one more good year in him... and to the scream that "he would have blocked Yadi", BULL. Matheny was already in the 90-110 games a year range; Yadi would have had plenty of playing time as a quasi platoon, to say nothing of the opportunity to learn from the best.
My weakest distemper is in regards to Edgar. Yes, maybe he wanted too much. And when he ended up with (gak) Boston, I felt like kicking him where he sits. On the other hand, with the possible exception of ace starting pitcher or bullpen closer, when you already have an SS very good or better, you do what it takes to keep him, whether it makes you want to bend over and hand him a jar of vasoline or not.
p.s. to any potential sabermetric geek who wants to trot out some incomprehensible stats at me to show just how awful Mike Mateny was... save your energy. With me, you will never argue away from my brain that I SAW HIM PLAY.
by the Tewk on Feb 14, 2008 12:23 PM EST 0 recs
Mulder
I'm not ever going to be able to excuse that trade.
by dontEATnachos on
Feb 14, 2008 12:58 PM EST
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disagree
All hail Walt
by Hinkster on
Feb 14, 2008 7:11 PM EST
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I think it is OK for a fan
I was against the trade from the outset because it was obvious something was wrong with Mulder. He wasn't old enough to be nearly done, he just couldn't pitch because of physical problems. When a guy with a good track record loses both velocity and control, as Mulder did in his last season with Oakland, it is extremely likely he has an injury brewing.
I'm not saying you don't make the trade anyway, but the package you are willing to offer has to reflect the reality of the situation.
by giveml on
Feb 15, 2008 8:43 AM EST
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yeah
by Hinkster on
Feb 15, 2008 9:03 AM EST
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OK, I'll spare you the stats.
by MdRedbirdFreak on
Feb 14, 2008 1:22 PM EST
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it's funny how in retrospect
Also agree on grudz, again with the benefit of hindsight. However, remember how awful he was in september and october (7/35 w/no bb or xbh)? He really looked done to me by the end there, and Spivey had upside and was cheaper...
by SleepyCA on
Feb 14, 2008 2:02 PM EST
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Couldn't agree more
We did luck out getting David in the SS shake-up that happened the off season Edgar left, But Walt had no idea that would happen. I remember thinking OK we lost Edgar but we can still have an All-Star SS if we sign Orlando Cabera, then we missed out on that. Walt realy dropped the ball on that one. How do you score that E-GM.
by That's a Winner on
Feb 14, 2008 2:04 PM EST
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Much ado about nothing
Players (Main) SS 2B
2004 Edgar/Womack 97 88
2005 Eck/Grudz 113 88
2006 Eck/Everyone 94 89
2007 Eck/Adam et al 93 78
The only real falloff was the 2007 drop for the 2B, because Kennedy couldn't hit. And at SS, there's a big difference between paying $30 MM for three years and $10 MM for three years.
As to Matheny, he wanted a long-term deal and the Cards weren't willing to pay the money with Yadi ready to play.
Dave
by Sydney dave on
Feb 14, 2008 5:40 PM EST
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I agree
by Ray Lankford on
Feb 14, 2008 2:41 PM EST
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Yadi has lost 15lbs
by Hardcore Legend on Feb 14, 2008 1:29 PM EST 0 recs
we call a complete one
by Hardcore Legend on
Feb 14, 2008 1:56 PM EST
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Yeah
by StLHugo on
Feb 14, 2008 1:58 PM EST
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fast
by cdb on
Feb 14, 2008 2:30 PM EST
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heh
by StLHugo on
Feb 14, 2008 1:56 PM EST
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Oxymoron.
That brings to mind a game a few years ago when Tino was playing for us. Does anybody remember when Tino, Matheny, and the pitcher (think it was Woody) all got triples in the same game? Fox tried to replay their running on the same screen. It hurt to watch. The pitcher was standing at 3rd before Tino got halfway around second, and MM was just making the turn for 3rd.
by Eckstreem on
Feb 14, 2008 2:03 PM EST
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Has anyone read...
Here's a link to the book preview:
There's an enire chapter dedicated to "Rating the General Managers". He's trying to do the same thing as Levitt, basically. He does so in several different ways, none of which I can remember since I don't own it (got it from my library) and haven't read it in about a year-and-a-half. Jocketty rated among the top 3-4 NL GM's consistently, though 2003 was rated as a disaster (surprise!).
It's good reading. Im curious to know if his methodology dovetails with that of Levitt.
Anybody?
by meat on Feb 14, 2008 2:50 PM EST 0 recs
Larry,
by Alxfritz on Feb 14, 2008 5:09 PM EST 0 recs
He didn't
by azruavatar on
Feb 14, 2008 6:10 PM EST
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Hmmm...
by Alxfritz on
Feb 14, 2008 6:21 PM EST
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The Drew trade
The fact that we traded 1 year of Drew for 6+ of Wainwright is significant and gets lost, in all due respect, in this approach.
by houstoncardinal on Feb 14, 2008 8:13 PM EST 0 recs
slightly off topic...
live in Chicago, planning a trip down to see the team this year. NEver been to this Busch....
by joeyart on Feb 14, 2008 8:34 PM EST 0 recs
Soon
by StLHugo on
Feb 14, 2008 11:26 PM EST
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I guess I am having an attack of
So, if we look at win share contributions as a Cardinal only aren't we just judging the GM on the sum of the total wins the ball club accumulates? Wouldn't that strongly imply that the GMs of the large market teams are generally better than the GMs of the small market teams just because, over the intermediate to long term, those teams will win more games?
Hep me, somebody hep me!!
by giveml on Feb 15, 2008 9:47 AM EST 0 recs
here's the justification
first of all, the analysis is only counting the win shares clayton accumulated with the cards. walt gets credit for adding 106 win shares (or whatever the number is) in the transaction where walt acquired clayton, but he's debited 83 win shares (or whatever) in the transaction where walt traded clayton away. so the net gain on jocketty's ledger is 106 minus 83, or 23 win shares --- the number of win shares clayton earned while playing for the cardinals.
viewed in this light, a net gain of 700 win shares over 13 years is pretty spectacular, no matter how it was achieved.
but here's the second point. the intent of this analysis is to measure how well --- and by what means --- the gm amalgamates a broad foundation of talent. it's not intended to consider $$$$, contract status, or any of the other factors that affect a gm's decisions. it's just a pure bottom-line assessment ---- does he acquire good players? and does have an overall pattern of acquiring players who have more value than the ones he lets go? jock acquired royce clayton, a player with enough ability to last 15 years in the big leagues, in exchange for three guys who were on and off the stage in just a few years. looking at career win shares bears that out.
look at the differences between terry ryan and walt jocketty: ryan was +200 win shares over a 13-year period; in that same period, jocketty was +700 win shares. now, does that mean jocketty was all that much better than terry ryan? probably not; he had a higher budget and therefore was able to make trades and signings that ryan could never consider (as i pointed out in the first post on this subject). but with a higher budget come higher-risk signings and a higher degree of responsibility. as we have seen, a big budget doesn't always translate into success. you still have to make wise decisions in high you spend the money. on the whole, jocketty did that with spectacular success.
by lboros on
Feb 15, 2008 12:18 PM EST
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So if I'm following you
LB, I am not challenging you - I just don't get it. How would the model explain the delta between projected wins and actual wins? I am probably not correctly understanding the value of Win Shares as what I have read indicates there is no such thing as a negative win share...
Is there any kind of study that correlates this type of analysis to payroll? Seems like the poorer teams would lose their best players before they hit their win share peak and the richer teams would be able to achieve larger win share numbers by paying premiums for the better players.
by giveml on
Feb 15, 2008 1:06 PM EST
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