Hello Friends –
This PED stuff is really interesting to me. My reaction to the latest reports on Biogenesis was a far cry from the disappointment that I had to similar reports in the (way) past. At this point in time, I’m surprised there weren’t more people on the list. Or any Tigers for that matter (well, none on the big league club, prospect Cesar Carillo was linked). If you were to take a pure economic look at using PEDs (laced with tons of assumptions, but hey, I said “economic”) I think the risk/reward test isn’t so easy. Let’s take a look at Melky Cabrera. Here’s his WAR and OPS+ in each full season:
Year |
WAR (B-R) |
OPS+ |
2006
2007
2008
2009
2010
2011
2012 |
2.7
1.2
.2
.9
-.5
4.1
4.7* |
95
88
68
93
83
121
158 |
* suspended for 50 games.
Here’s the same table with an additional column.
Year |
WAR (B-R) |
OPS+ |
Salary |
2006
2007
2008
2009
2010
2011
2012 |
2.7
1.2
.2
.9
-.5
4.1
4.7* |
95
88
68
93
83
121
158 |
not listed
$432,400
$461,200
$1,400,000
$3,100,000
$1,250,000
$6,000,000 |
And in case you missed it – he’ll make $9,000,000 in each of 2013 and 2014.
I think we can all hazard a guess as to when he started taking PEDs. Assuming he did start prior to the 2011 season, why wouldn’t everyone in his situation take PEDs? A long vacation and financial security for the rest of your life (I’m ignoring adverse health consequences for the sake of argument); I’ll take it. Sure, he lost $2M or so last year, and his next violation would cost him 100 games, or roughly $6M on his current contract. He’d still have made $16M over 3 years – with 150 games in suspensions.
Now, some will argue that taking PEDs hurt his market value last fall, but what would his market value have been had he never taken them?
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Moving on.
– Great article on the limitations and frustrations of WAR. Notably, the discrepancies between B-R and FanGraphs. I use WAR quite a bit in my analysis, but it’s not perfect. That’s why Baseball is a talking sport.
– King Felix signed for $175M over 7 years is about to sign a huge deal. JV is licking his chops.
– Keith Law unveiled his Tigers top 10 prospects list (you’ll need insider) – here are the top 5: Castellanos, Garcia, Rondon, Tyler Collins, Danny Vasquez.
– P&C report on Tues, full squad on Friday. Why do the pitchers and catchers go 3 days early? What do they do?