This is part two of a two-part series ranking starting pitchers. The first part ran yesterday. You can read that article by clicking on the link above.
Five-star players are the studs at their position. In general, they are the players who will be nabbed in the first couple of rounds of the draft, and will fetch mixed-league auction bids over $30. Four-star players are a cut below the studs at the position. They will also be early-round selections, and are projected to be worth more than $20 in most cases. Three-star players are the last tier in which players are projected to provide double-digit dollar value in auctions, and two-star players are projected to earn single digits in dollar value in auctions. One-star players are late-round sleepers and roster placeholders. The positional tiers aren't a regurgitation of last year's values but rather offer insight into what we expect will happen in 2017.
Dollar values come from last year's PFM using a 12-team, standard 5x5 scoring format, with 23-man rosters and the following positions: C (2) 1B (1) 2B (1) 3B (1) SS (1) CI (1) MI (1) OF (5) UT (1) P (9). The minimum bid for players is $1, and we allocate $180 of a $260 budget to hitters. The PFM is customizable, so if your league uses a different format you can adjust it to match your league settings and see how it impacts players' dollar values.