Player Valuation Series

Evaluating the 2021 Projection Systems

For many years running now, I’ve run a yearly evaluation of the projection systems for fantasy baseball purposes, including most recently the evaluation of the 2019 results and my three-year study of projection performance. I took 2020 off – 60 game projections are too noisy to put the same stock in. The goals, as always, are to evaluate the best projection systems on a per-category basis for the purposes of fantasy baseball, and to determine the best possible mix of projections (separated into rate stats and playing time) as we look ahead to ‘20. The correlation (R squared) numbers are most useful in my opinion, as they show what would happen when you create rank-ordered lists of players based on these stats. Two updates in approach this year:

  1. I’ve added a projection system called “All”. It literally just evenly mixes all of the systems included in this study, and it’s actually quite good. This was also used as the base system to select the player pool from, which is more fair than previous approaches.

  2. My recommended “Big Board Mix” this year is an average of the new ‘best’ mix (determined from 2021) and the previous weightings from my 3-year study. In this way, I am now basically taking a projection-system-style approach to projecting the projection systems. This was introduced in part due to the extremely good performance of The Bat X in ‘21.

You can find details of the player pool, definitions of stats, and the breakdown of weights for my Big Board mix down in the ‘Fine Print’ below! Note that I’m including both the “BB Mix ‘20” (uses weights defined before 2020) and the new “BB Mix ‘22” (the ‘best’ weighting of 2021 systems, defined during this study).

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Harper Wallbanger’s 2021 Tiers

It may come off as odd to say this, as a purveyor of the best draft tool around, but draft tools can’t do everything. One of the great subtleties to drafting in fantasy baseball is seeing and exploiting tiers within each position. While the Big Board will help you see them, it’s another thing to plan for them and make sure you avoid the biggest drop-offs in each position on draft day.

Scroll on down to the bottom if you just want to see the tiers! Tiers should have similar $ values, across all positions. They can be extremely subjective, but I’ve done my best to draw lines between players primarily based on values as-calculated by the Big Board, while also accounting for potential upside/downside. They ignore ADP completely (note that combining your site ADP with your tiers can help you find draft targets, though). At the bottom of each position, I’ll list an ‘Upside’ tier, low value players that I see value in, and a ‘What’s left’ tier, the guys that I don’t want, but you might be stuck with in late rounds/deep leagues.

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Evaluating the 2017-2019 Projection Systems

For many years running now, I’ve run a yearly evaluation of the projection systems for fantasy baseball purposes, including last week’s evaluation of the 2019 results. Two potential issues I’ve run across with these studies are 1) year-to-year variance and 2) small sample size. To attempt to address both, I’m back again, this time with an evaluation of performance across the last three seasons (‘17-’19)! This study combines the datasets from each of my last three yearly studies, studying how well each system projected the top ~300 fantasy players (the ones that met the playing time minimum) in the 5×5 categories by both R squared and RMSE.

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Evaluating the 2019 Projection Systems

As we all hunker down with our spreadsheets in preparation for draft season, it’s time for my favorite yearly tradition – evaluating the projection systems! The goals, as always, are to evaluate the best projection systems on a per-category basis for the purposes of fantasy baseball, and to determine the best possible mix of projections (separated into rate stats and playing time) as we look ahead to ‘20. Additionally, this year I’ve pulled up a list of players that each system was ‘in’ on – both the ones that were big wins, and the ones that completely tanked in ‘19. In this study, I’ll focus on the most commonly used projections – the same ones that appear in the Big Board: Steamer, PECOTA, ZiPS, ATC, The Bat, FanGraphs Depth Charts, and FanGraphs Fans. I’ll also include my recommended Big Board mix from 2019, which was a weighted average of the best systems. And finally, I’ll also define a new recommended Big Board mix looking ahead to 2020!

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How to Customize your Projections

Fantasy baseballers, I come to you today with an admission: I’m a total hypocrite. I am the first person that will tell you that the computer-based projection systems like Steamer, PECOTA, ZiPS, etc will beat a human-curated projection every time. And yet, year after year, I find myself *tinkering*. Changing an ERA/WHIP projection here, increasing a batting average or HR-total there. There are certainly areas where the computer systems fall short, since they don’t know about injuries, can be slow to adjust to real-world depth chart changes, and tend to be skeptical of breakouts. That’s why I’ve created tools that allow me to go about this customization/adjustment process in a much more systematic way. With a series of fairly straightforward inputs, these tools convert peripheral numbers into projected statlines, using models originally detailed here which are scaled to the total #’s projected by the Steamer projection system. Thanks to these handy tools, I’ve been able to integrate all of my preseason research this year, including injuries, xStats, and depth chart info, into a set of over 200 custom projections (included in this year’s Big Board). But, I’m all about empowering you all to do these things yourself, so what follows here is a comprehensive tutorial in how to build your own custom projections.

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How to Value your Picks and Make Preseason Trades

Does everyone love the snake draft? No. Is the snake draft necessary because it’s hard to convince people to spend 8 hours on an auction draft? Yes. For those of us in keeper leagues, this time of year brings the additional joyous task of trying to strategize for the upcoming draft. Do you trade away players for picks and rebuild in the draft? Trade away picks for players to strengthen your core team? Try to steal away the most undervalued players in the league before their owners realize what they have? Cut any number of ways, if you start throwing draft picks on the table at some point you’ll arrive at the question… what is a draft pick worth, anyway? Today, we’re taking a look at the Big Board Trade Tool, which can be found for free on this site as the regular 5×5 version, and can also be found within every copy of the Big Board as a fully customized-to-your-league version.

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How the Hit/Pitch Split Works

Alright, so if you’re new to this, it might come as a surprise – pitchers… they’re bad. Well, they’re not bad, but they always get hurt AND there are always good ones available on the wire! So how about an arbitrary/empirical correction factor to account for that?! This is the one part of player valuation that really surprised me when I was first getting into this stuff… “The Hit/Pitch Split”!

If you’ve already downloaded the Big Board, and you’ve opened up the ‘Settings’ tab for the first time, you’ve come across this seemingly innocuous box entitled Hitter% or H/P Split. Believe it or not, this box is front and center for a reason! Every preseason countless pages on these ol’ interwebs are dedicated to player rankings, but very few have arisen to describe why, exactly, we commit to drafting the best hitters in MLB ahead of the best pitchers. As noted in the how-to of the Big Board, you can typically pick a number around 67% and do well enough. That will allow you to create rankings that are in line with what the rest of the fantasy industry has deemed the ‘right’ h/p split. But if you want to tailor your draft strategy in an optimal way or want to value players with the ultimate accuracy on draft day, read on and wrap your head around the concept that is the hit/pitch split.

How the Hit/Pitch Split Works Read Post »

How Player Rankings and Dollar Values are Made

Player rankings can seem mysterious at times. Auction values, even more so. How do your favorite fantasy baseball sites come up with these things? From ESPN to Yahoo to CBS, it’s tempting to think they’re totally arbitrary, just players and numbers thrown on a board at the author’s whim (some of them certainly are… I won’t name names, but yikes). As it turns out, there are actually several player valuation systems that are commonly used to come up with player rank – these calculations, combined with your projection system of choice, allow you to directly calculate player values and rankings!

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Evaluating the 2018 Projection Systems

As we all hunker down with our spreadsheets in preparation for draft season, it’s time for my favorite yearly tradition – evaluating the projection systems! Forgive the somewhat abbreviated post in comparison to past years’ analyses, but trust that all the same meticulous analysis is here as always. The goals, as always, are to evaluate the best projection systems on a per-category basis for the purposes of fantasy baseball, and to determine the best possible mix of projections (separated into rate stats and playing time) as we look ahead to ‘19.

Evaluating the 2018 Projection Systems Read Post »

Player Valuation Tip #7: Draft Undervalued Players

Tip #1: Know where player values come fromTip #2: Set your Hit/Pitch splitTip #3: Value your Picks and Make Preseason TradesTip #4: Customize your ProjectionsTip #5: Draft with tiersTip #6: Use the best projection systems Draft week is nearly here! Right around now everyone is poring over their draft prep sheets and coming up with round-by-round targets. Here at the Harper

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