March 27, 2013
Expert-League Auction Comparison
This past weekend, I participated in the American League Tout Wars draft in New York City. If you missed my team review from earlier this week on the Unfiltered blog, you can find it by clicking here. Once the expert auctions are done, I like to compare the results from the three industry auction drafts—LABR, CBS, and Tout Wars—to look for similarities and differences. The three auctions take place at different times, with CBS coming in late February, LABR in early March, and Tout Wars in late March, so it allows us to see how hot or cold spring trainings as well as injuries affect experts’ evaluations and strategies. For example, Mark Teixeira went for $24 in the CBS auction, but after getting injured during the WBC schedule, his value fell to $6 in Tout Wars. Rick Porcello went undrafted in the CBS auction, but a hot spring has propelled his value to $4 in LABR and $5 in Tout Wars over the past weekend.
Despite the different personalities that make up the ownership rosters of each of the three expert leagues, the spending habits are rather similar on a macro level. The talent pool does not change that much over the course of the four weeks, between the CBS auction and the Tout Wars auction, so differences come down to strategy and any major injuries.
As you can see, the leagues showed little variance by position while mimicking one another nearly all of the way around the diamond.
At the top end of the spectrum, the amount of big dollar players was also nearly identical, as both CBS and Tout Wars had 51 players acquired for $20 or more while LABR had three fewer. There were 54 players that had a difference of at least $5 between their highest and lowest bid price in the three auctions, with the most notable being the aforementioned Teixeira. These are the groupings of players with the largest value ranges:
$6: Jason Kipnis, Joe Nathan, Jon Lester, C.J. Wilson, Ernesto Frieri, Ricky Romero, Josh Reddick, Jhonny Peralta, Gordon Beckham, Michael Brantley, Darin Mastroianni, Brian Roberts, Wil Myers, Wilson Betemit, Eduardo Nunez, James Loney
$5: Jose Reyes, Josh Hamilton, Brett Lawrie, Eric Hosmer, Jose Altuve, Brett Anderson, Greg Holland, Jake Peavy, Trevor Bauer, Rick Porcello, David Phelps, Lorenzo Cain, Dayan Viciedo, Coco Crisp, Leonys Martin, Carlos Pena, Yunel Escobar, Chris Getz, Aaron Hicks, Matt Dominguez, Fernando Martinez.
The differences come from a variety of reasons. Drew went from sleeper to risk, as he cannot shake his concussion symptoms. I spent $10 on Donaldson as the best power bat left at third base over the weekend, but he was dollar-day material in LABR and went for $6 in CBS. Pestano was a reserve pick in LABR but saw his value shoot up to $8 in Tout Wars, much to the disdain of Lawr Michaels, who held his final $7 in hopes of netting the Indians righty.
Sometimes, these differences can be explained by simple auction dynamics; other times, they are due to injuries. Players like Hanson, Markakis, and Ortiz have had injuries affect their values, but it is puzzling to understand a $7 variance in Ellsbury’s cost in the auctions, as he has not been injured this spring outside of a sore ankle. Boston’s center fielder went for $24 in LABR, $31 in CBS, and $29 in Tout Wars this past weekend.
In terms of dollar amounts, here is the quantity of players that went in each range:
If you would like to see all three auction results on a single worksheet, click here.