We already know that the 2013-14 free agent market has featured incredible spending levels, but what does that mean for how teams value a win (above replacement)? Dave Cameron of Fangraphs breaks down the cost of a projected win for each player that signed a major league deal. The results show that teams have spent at levels that, depending upon what discount rate and precise methodology is employed, value an expected win at between $5MM and $7MM. In a follow-up piece, Cameron observes that, at least for players who are expected to be regular contributors, the spending shows a non-linear escalation of the price of a win (i.e., teams are paying a premium to lock up high-WAR players). Then again, says Cameron, one team — the Yankees — bid on all and signed most of the top (3+-win) players who were on the market, which could have skewed the results. Be sure to read both pieces for all the details on this fascinating topic.
Here are more notes from around the league:
- The Yankees' rash of spending may have pushed him to the periphery of the team's roster, but Ichiro Suzuki is not changing his approach, writes Dave D'Alessandro of the Newark Star-Ledger. "Whatever my role is here — whether I'm a starter or not — my preparation never changes," said Ichiro. "Every day I'm going to do the exact same thing regardless of what my role will be. … If I was the type of player who changes the way I prepare myself, I wouldn't be the player I have been."
- Outfielder Andy Dirks of the Tigers will undergo back surgery and is expected to be out of action for three months, reports the Detroit Free Press (via Twitter). Dirks had been expected to be the left-handed-hitting side of a left field platoon with Rajai Davis. GM Dave Dombrowski indicated that the club hopes to rely on its internal options — including Davis, the switch-hitting Steve Lombardozzi, and left-handed swinging Don Kelly — to fill the void, James Schmehl of MLive.com reports. "We think we have some good candidates," said Dombrowski, "but we'll just have to wait and see. I don't want to proclaim that to be 100 percent, but we do have some people that we feel have the chance to play a bigger role for us."
- After coming over as the key piece in the Mark Trumbo deal, 22-year-old lefty Tyler Skaggs is a key to a high-priced Angels club, writes Richard Justice of MLB.com. "He's very important to our season, very important to our future," said GM Jerry Dipoto. "Tyler, being that he's the youngest and least-experienced of our starters, it's an important spring for him to take that next step and establish himself at the major league level."