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February 13, 2009

Prospectus Hit and Run

Outside Help, NL Central

by Jay Jaffe


Last week I cracked open the new PECOTA projections to examine the winter's comings and goings on a team-by-team basis, division by division, starting with the NL East. This week's release of the PECOTA-based depth charts and projected standings brings the sum of these transactions—the trades and free-agent signings (or departures) which will have an impact on each team's 2009 model—a bit more into focus. What's represented here is just one piece of the puzzle, with no attempt to account for longer-term concerns such as prospect trades or multi-year deals. This is a rough guide to who's new and who's gone, and how much impact they're projected to have on the division races this year. Teams are listed in order of 2008 finish; for each hitter, WARP and EqA are listed, while for each pitcher, the figures are WARP and EqERA.

What's most interesting is that the NL Central finds teams feeling the pinch of hard economic times more acutely than those in the NL East. In the East, the Mets, Phillies, and Braves have all made at least two deals in which they committed more than $10 million to a single player this winter, while the Nationals stepped up to that tier with this week's signing of Adam Dunn. By contrast, the Cubs stand alone as the Central's only big spender. From Ryan Dempster's four-year, $52 million deal and Milton Bradley's three-year, $30 million pact, the next-largest outlay on an incoming player is the Reds' trade to add Ramon Hernandez at $9 million, and from there, things drop to the more modest $6-6.5 million range with the Cardinals' Khalil Greene, the Reds' Willy Taveras (a two-year deal), and the Brewers' Trevor Hoffman. While I haven't completed this series, a quick scan of the free-agent rolls suggests that only the AL Central might rival this one in its winter thriftiness.

Chicago Cubs

IN: C Paul Bako (0.3, .221), RF Milton Bradley (3.9, .311), OF Joey Gathright (0.6, .247), RP Aaron Heilman (1.3, 4.46), RP Kevin Gregg (1.9, 4.26), 2B Aaron Miles (0.4, .238), 2B Luis Rivas (-0.4, .217), RP Jeffrey Stevens (0.8, 5.08), OF So Taguchi (-0.1, .229), RP Luis Vizcaino (1.2, 4.22) 9.9
OUT: C Henry Blanco (0.4, .216), RP Jose Ceda (0.0, 6.26), SS Ronny Cedeno (0.8, .242), 2B Mark DeRosa (2.4, .275), CF Jim Edmonds (2.0, .288), SP Rich Hill (1.0, 5.16), RP Bob Howry (1.2, 4.22), RP Jon Lieber (0.8, 4.90), SP Jason Marquis (1.5, 5.23), 3B Casey McGehee (-0.1, .216), CF Felix Pie (2.6, .263), PH Daryle Ward (0.6, .284), RP Kerry Wood (2.9, 3.62), RP Michael Wuertz (1.0, 4.35) 14.5
NET: -7.2 WARP

The Cubs' impending sale has overshadowed their dealings this winter, preventing them from seriously pursuing a potential blockbuster to acquire Jake Peavy and forcing them to mind their payroll a bit more closely than usual. Then again, they did shell out to retain Dempster. Bradley is the biggest addition, and while he's an impact hitter, his production from the left side (.270/.362/.436 for his career) won't cover for the tilt of a lineup that offers only Mike Fontenot and Kosuke Fukudome as additional lefty bats. Add the fact that it's Fukudome's four-year, $48 million deal that's being papered over, that Bradley's arrival pushes him to center field, where he'll be stretched defensively (at least on those days that the fragile Bradley will be in the lineup), and that better center-field options like Edmonds and Pie have left the fold this winter, and suddenly the team's marquee acquisition has been somewhat neutralized. Departures like DeRosa and Wood only confirm the obvious talent drain in the face of rising payroll. Still, the initial PECOTA projections forecast the team with an NL-high 97 wins and an 11-game margin for error over the Brewers, testifying to the quality of the remaining talent on hand.

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