z-Score: a statistical measurement of a score’s relationship to the mean in a group of scores. A z-score of 0 means the score is the same as the mean. A z-score can also be positive or negative, indicating whether it is above or below the mean and by how many standard deviations.
After throwing around the terms z-score and BIGz somewhat haphazardly on this site, I figured the time has come to explain where it all comes from. For the math-inclined individuals among you (and you play fantasy baseball, so I’m not sure why I have to qualify that), this will hopefully satiate your need to understand where all the numbers in the Big Board come from. This is also going to theoretically empower you to create your own Big Board, but hey, save yourself some (read as: A LOT of) time and buy the one hosted on these very interweb-pages. More generally, this breaks down one of the more popular methods for creating player rankings and dollar values, sometimes referred to as ‘FVARz’ for Fantasy Value Above Replacement z-scores as popularized by Zach Sanders of Fangraphs.