Wednesday, February 29, 2012

Grand Junction Rockies

Every year I analyze the movement of minor league baseball teams from one city to another (past analyses). These analyses are based on a paper I published a few years ago in the International Journal of Sport Finance, "Called Up to the Big Leagues: An Examination of the Factors Affecting the Location of Minor League Baseball Teams". For a short description of the model see this post from 2009. One caveat to all of these analyses is that the data for the study comes from 2003 and may be out of date.

The Rockies Short-Season A affiliate in the Pioneer League is moving from Casper, WY to Grand Junction, CO for the upcoming season. By my analysis moving away from Casper makes sense. It was not one of the ten least likely cities to have any baseball team, but it was just above those cities. My research found that Grand Junction would have been more likely to have a minor league baseball team, but neither was particularly likely (15% for Grand Junction vs. 9% for Casper). Grand Junction is almost twice as big as Casper, but the per capita income is higher in Casper. The higher population makes it a much more attractive market, but the income mitigates that effect slightly. Grand Junction has also experienced fairly rapid population growth in the last decade, so the percentage might be understating its appeal.

Grand Junction is in Colorado and they are affiliated with the Rockies so there may be some positive aspect to that. However, Wyoming is also in the Rockies' "sphere of influence" and Grand Junction is only 50 miles closer to Denver than Casper.

Grand Junction does have a fairly low probability of having a team, and I had it third on the list of potential markets in the current geographic scope of the Pioneer League (Northern Rocky Mountain States) behind Fort Collins and Greely, CO. There also seem to have been a couple of less desirable markets than Casper that still have their teams (Helena and Great Falls, MT). However, given all the evidence, this is pretty close to an example of a move that would have been predicted by my model.

Tuesday, February 28, 2012

Large Market Teams Do Not Conduct Fire Sales

Look at this quote from a Cubs blog (Obstructed View):

"It's too bad the Cubs don't have a couple more Garza's they could trade to add some elite talent to their farm system."

If the Cubs had three Garzas, they would not be rebuilding. As a big market team that finished the previous year with a near .500 record (+5 wins for each Garza), and quite a bit of financial flexibility, they would have gone all in. They probably would have signed Prince Fielder, C. J. Wilson (or Yu Darvish) and a right fielder. They would have made trades to improve the current club, such as emptying the farm to get Chase Headley from the Padres. They also would not have made trades that hurt the club this year with the intention of improving it in the future, i.e., they would not have traded Marshall and Cashner for prospects. Most importantly they would not have traded Garza I, Garza II and Garza III.

Friday, January 20, 2012

Quick Rant on Assessing Pitchers

I like the website MLB Trade Rumors. However, I have been annoyed lately by every post on MLB Trade Rumors that has anything to do with a pitcher immediately breaking down to ridiculous arguments over whether said pitcher is "a #2" or a "an ace" or a "#4" etc. These arguments are worthless. No one has a real good idea what a "#2 starter" is. Is it the 31th-60th best starters in all of baseball? Is it what the 2nd best starter would look like on a good team? How about the second best on the Phillies? That one seems like it might be a pretty high standard. Can't the commentators just talk about how good he is relative to some fixed point like average or replacement level?

Friday, January 13, 2012

Myths about the Cubs

During much of this off-season, there has been talk about the problems with the Chicago Cubs and solutions to those problems. One of the most recurring indictments is too many long-term contracts, and that they have to get rid of all the bad contracts before they can start to fix the team. I want to look at the idea that the Cubs have too many long-term contracts. Here is the list of players signed beyond the 2012 season at the beginning of the off-season:

Alfonso Soriano $18 million in 2013 and 2014

Carlos Marmol $9.8 million in 2013

That's it. Now, the Soriano contract is a definite liability, but this is very low level of future commitment for a large-market team. I would even go as far to say that the bigger problem for the Cubs is not the number of long-term contracts being too numerous but that it is too few. If the Cubs had a few more quality players locked up long-term they would look a lot better, even with the deadweight of Soriano's contract. The true indictment of the Hendry years was the failure to produce talent that was worth extending long term, not the signing of expensive over-the-hill veterans.

In truth, the Cubs only had two contracts that were clear liabilities coming into the off-season, Soriano's and Zambrano's one-year $18 million contract*. I have heard numerous times that the Cubs should use the money that they would have spent on Prince Fielder** to pay off Zambrano's and Soriano's contracts. This idea makes no sense, as they have to pay those contracts regardless. The money that would have been used to sign Fielder would have been on top of that, essentially the salaries of Aramis Ramirez and Carlos Pena. This idea especially does not make sense for Zambrano, as I suppose you could use the "Fielder money" this year to buy out Soriano's last two years.


*They also owed some deferred salary that was not helping things.

**I do not want to suggest that signing Fielder necessarily would have been a good idea. I am just arguing against the supposed alternative use of the money.

Tuesday, January 3, 2012

Secondary BCS Bowls

There are some complaints about tonight's Michigan and Virginia Tech playing in a BCS bowl. While in the past, I have defended the BCS championship game, I have not defended the BCS secondary bowl selection process. The BCS seems to have two functions:


  1. Pit the two best teams in a National Championship game.
  2. Make sure that the majority of the revenue is distributed fairly evenly among the big conferences.


Evenly means that Arkansas is not playing in a BCS game, and big conferences is why Boise State is not playing in a BCS game. Of course the "small" schools got passed over in the old bowl system and to some degree in the basketball tournament as well. Virginia Tech and Michigan were selected because they travel well. The focus on BCS bowls is also overblown. Because Arkansas was ineligible and Kansas State was passed up, we ended up getting a pretty good game between those two in the Cotton Bowl.


Wednesday, November 23, 2011

2011 NL MVP Picks

I realize the voting results were released yesterday, but I did not get a chance to post my ballot, so I will do it today:

Kemp

Braun

Halladay

Votto

Kershaw

Tulowitzki

Upton

Lee

Fielder

Reyes


I realize that Braun won the vote, but the offensive numbers between Braun and Kemp are really close and Kemp has more defensive value, thought there seems to be some variance of opinion on his offensive value.

Tuesday, November 15, 2011

There are NOT too Many Hockey Teams in New York

Peter King in his Monday Morning Quarterback column mad the following column about the NHL and New York:

"b. I worry about the NHL. Last week, on the same night, all starting at 7 p.m., three teams within 35 miles -- the Islanders, Rangers and Devils -- all dropped the puck. And 97 miles south of the Devils' rink in Newark, the Flyers played. Also at 7.

c. And Quebec City can't get a team?"

I'm not sure what his complaint here is, but if it is the idea that there are too many hockey teams in New York or New York and Philadelphia then he is completely off base. There are 22.2 million people in the New York metropolitan area (CSA) and 6.5 million in Philadelphia. There are 715,000 in Quebec City and only 8 million in all of Quebec. There are more people in the combination of the metropolitan areas of New York, Philadelphia, Hartford, Albany, Allentown, Harrisburg, Scranton, York (PA), Lancaster, Atlantic City and Norwich, than there are in all of Canada.

This is not a region that has no interest in hockey. The Rangers and Flyers are two of the league's flagship franchises. Also, last I checked New York is the media capital of the continent, so having an excessive presence there would probably not have much of a downside.

There are not too many professional sports teams in New York!