Wednesday, January 09, 2008

Hitters & Pitchers by Price Bracket

I talked yesterday about how not all pricing is distributed equally. I had assumed that most experts, by now, had assumed that a $175/$85 hitting/pitching split was the way to go and, as a result, most pricing would be skewed that way.

But there are still significant differences from tout to tout. Between Alex Patton and Tout Wars, for example, there was a $184 gap in how much money was allocated for hitters in bids.

This isn't a small difference. If you walked into an N.L.-only auction last year with Alex's bids and some other owner was armed with a split similar to Tout Wars', you would be behind the 8-ball on most offensive players.

Today, I thought I'd break all five touts' bids into 14 groups (there are 14 hitting slots in a standard Rotisserie league) of 13 (# of teams in a standard Roto league) for hitters and nine groups of 13 for pitchers. I'm curious to see where the $188 difference is.

2007 Expert Bid Limits for Hitters


APPK
LABR
Tout
Wars
SW
Tier #1
$436
$435$480$465
$443
Tier #2
$335
$323$364$353
$331
Tier #3
$266
$265$276$279
$269
Tier #4
$235
$231$249$250
$233
Tier #5
$214
$203$211
$227
$202
Tier #6$188
$179$186$190
$170
Tier #7
$145
$138$152$156
$129
Tier #8
$110
$109
$125
$130
$102
Tier #9
$83
$89
$100
$100
$75
Tier #10$54
$68$74$81
$58
Tier #11
$39
$52$47$60
$36
Tier #12
$30
$39$33$34
$26
Tier #13
$20
$28$16$18
$16
Tier #14
$13
$14$13$13
$13
Totals
$2,168
$2,173$2,326$2,356
$2,103

LABR and Tout Wars spent much more on offense, across the board, than Alex Patton and Rotoman's bid recommendations. In the case of Tout Wars, the prices consistently are higher than Patton's in almost every grouping of hitters. In the 6th tier of hitters, it looks like Tout Wars is going to correct itself ($2 difference), but then there is a second spike, culminating in a +27 differential in Tier 10 and a +21 differential in Tier 11.

This is pretty amazing stuff. You'd expect Tier 1 to have the highest differential and it does, at +29. But, as a percentage difference, the prices on the cheap hitters are 50% higher or more. I suspect what happened is that the pitchers went for less while the market failed to adjust on the mid-level hitters. With money to burn and hitting slots to fill, hitters that went for $4-5 in LABR or in Patton and Rotoman's recommendations went for $5-7 in Tout Wars.

LABR's prices are much higher at the top, followed by a cratering in the Tier 5 and Tier 6 hitters, followed by a spike similar to Tout Wars'. In LABR's case, the secondary spike happens in Tiers 8-10, with the drop off coming at Tier 11. Once again, it appears that the market realized after the fact that to fill out an offense, you had to scramble to spend a little more on lesser hitters. The difference is that there was a lull after the top hitters went; whether this was due to sticker shock or just a belief that the next group of hitters wasn't as good is an open question.

2007 Expert Bid Limits for Pitchers


APPK
LABR
Tout
Wars
SW
Tier #1
$357
$338$307$300
$332
Tier #2
$243
$228$217$216
$234
Tier #3
$196
$179$174$171
$166
Tier #4
$139
$136$117$117
$121
Tier #5
$94
$95$87
$84
$88
Tier #6$63
$63$57$62
$57
Tier #7
$38
$34$40$35
$28
Tier #8
$26
$17
$21
$22
$13
Tier #9
$14
$13
$13
$13
$4
Totals
$1.170
$1,103$1,033$1,020
$1,043

Sports Weekly's bid prices undershot the $3,380 13-team leagues have to spend by $234. I'm willing to wager that a lot of people who used Sports Weekly's prices and nothing else didn't win this year. Apparently, they couldn't even scrounge up nine pitchers who were worth bidding $1 on.

In this case, almost all of the difference between LABR and Patton is consolidated in the top four tiers, or the first 52 pitching slots. There is a $50 difference in the first group of 13 pitchers, a $26 difference in Tier 2, and a $22 difference between Tier 3 and Tier 4. Tout and Patton follow the same pattern, with a whopping $57 difference between the best and worst pitchers.

OK, I realize this is a very esoteric discussion. What does this mean for your auction?

2007 Expert Bid Limits: Top 13 Hitters

Rank
APPK
LABR
Tout
Wars
SW
1
$43
$43$43$43
$42
2
$42
$41$40$42
$40
3
$37
$35$40$41
$37
4
$34
$35$40$36
$37
5
$33
$34$39
$35
$35
6$33
$33$37$35
$34
7
$32
$33$37$35
$33
8
$31
$32
$36
$35
$33
9
$31
$31
$34
$33
$32
10$31
$30$34$33
$30
11
$30
$30$34$33
$30
12
$30
$29$33$32
$30
13
$29
$29$33$32
$30
Totals
$436
$435$480$465
$430

Obviously, these aren't the same 13 hitters for all five groups. Or, if they are, they aren't all ranked the same by all five touts. But the price gaps do give you a general idea of what you'd be up against in your auction if half the room has prices closer to LABR or Tout Wars and your prices resemble Patton's. There's a good chance you'll get shut out on a $30+ player in your auction.

This, in and of itself, isn't the end of the world. But you would have to carefully monitor the number of players left, the amount of money left, and the number of slots left on your offense so you don't either a) overshoot on pitching and spend $100 or more on your staff, b) overspend on the third-tier hitters, or c) leave money on the table because you didn't adjust.

No comments: