True and perceived value

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Batting average, homeruns, and RBI's.  The so-called defining statistics of a player.  Part 1 of my value series compares the deductions of the old guard to those of the new. Photo: Associated Press

To quote sportswriting legend Joe Posnanski: “… then you grew up as a baseball fan with three statistics and only three statistics. There was batting average. There were home runs runs. And there were RBIs. That was it.” 

These three statistics have become the three burned into the brains of all baseball fans.  If you look up at the scoreboard during a game, you see the stats for the player who is hitting, AVG, HR, RBI’s.  These have been the main reference point throughout the years in determining the best players.  Unfortunately, conclusions based solely off this data are almost always incorrect.  From now on, I’ll refer to value dereived from the three archaic statistics as Perceived Value/

I considered any player who fulfilled two of the following requirements, a top Perceived Value player.  The requirements were, fulfill at least two of the following, a minimum .300 batting average, a minimum of 25 homeruns, and a minimum of 100 RBI.  Remember that this is a list based off of meaningless archaic statistics.

 

In alphabetical order, the top players from the perceived value system:

 

Aaron Hill

Adam Dunn

Adam Lind

Albert Pujols

Alex Rodriguez

Andre Ethier

Carlos Lee

Carlos Peña

Derek Lee

Evan Longoria

Hanley Ramirez

Jason Bay

Jason Kubel

Joe Mauer

Joey Votto

Justin Morneau

Justin Upton

Kendry Morales

Kevin Youkilis

Mark Reynolds

Mark Teixeira

Matt Holliday

Matt Kemp

Miguel Cabrera

Pablo Sandoval

Prince Fielder

Robinson Cano

Ryan Braun

Ryan Howard

Ryan Zimmerman

Victor Martinez

 This is a relatively selective list, containing thirty-one members, or about one per team.  Lots of household names, Pujols, A-Rod, Mauer, Han-Ram, Fielder, and the like.  Overall it doesn’t look all that bad, though there are some questions, see Kubel, Jason, and Morneau, Justin.

The modern statistics movement has fought against the use of the Perceived Value statistics.  First on-base percentage, then more recently weighted On-Base Average, have been successfully introduced as alternatives to batting average.  ISOlated power was developed as a homerun and slugging percentage alternative that didn’t rely heavily on singles.  Hitter Composite Percentage is a stat of my own that I will use as an alternative for RBI’s in the list for True Value.  From now on, I’ll refer to these three as the True Value components.

 

            Criteria for this list were: fulfill two of the following requirements.  Minimum .370 wOBA, minimum .220 ISO, and minimum 1.600 HCP.

 In alphabetical order,  the top players from the true value system:

Adam Dunn

Adam Lind

Adrian Gonzalez

Albert Pujols

Andre Ethier

Ben Zobrist

Brad Hawpe

Carlos Peña

Chase Utley

Chris Coghlan

Derek Jeter

Derrek Lee

Evan Longoria

Hanley Ramirez

Hideki Matsui

J.D. Drew

Jason Bartlett

Jason Bay

Jason Kubel

Jayson Werth

Joe Mauer

Joey Votto

Justin Morneau

Justin Upton

Kendry Morales

Kevin Youkilis

Lance Berkman

Mark Reynolds

Mark Teixeira

Matt Holliday

Michael Cuddyer

Michael Young

Miguel Cabrera

Nick Johnson

Nick Swisher

Pablo Sandoval

Prince Fielder

Raul Ibañez

Ryan Braun

Ryan Howard

Ryan Zimmerman

Shin-Soo Choo

Todd Helton

Torii Hunter

Troy Tulowitzki

Victor Martinez

Once again, a superstar filled list.  The big thing to notice is that while many of the names on the lists are identical, there are hitters such as Shin-Soo Choo, Troy Tulowitzki, and Chase Utley (!!!), are present on the True Value list, but missed out on the first thanks to the .300 AVG requirement.

 Is there a conclusion here?  Yes.  Inefficient statistics can still get things right in no-doubt scenarios, but closer the lines, modern statistics identify the “best” better.  Great players will look good no matter what numbers you look at, but it’s the underrated that the old guard, average, homers, and RBI’s, can’t find.

Cover Photo by: phillymads63


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Arjuna Subramanian

Arjuna Subramanian is an aspiring baseball writer living in the Washington D.C. area.  He started his writing  with his blog Painting The Black on MLBlogs in May of 2009.  He fell in love with the sabermetric movement during the 2008-2009 offseason, and strives to provide balanced articles from both sides of the statistics/scouting divide.  

When not writing, watching/listening to baseball, over-analyzing his Chicago Cubs, staring in disbelief at the writing of Thomas Boswell, or keeping tabs on the latest Milton Bradley blowup, he can usually be found at the DC Fencers Club, where he is a competitive epee fencer.

Contact Arjuna Subramanian

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