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Moneyball and the Rockies: How the Rockies Don't Participate

DENVER, CO - SEPTEMBER 19:  Cameron Maybin #24 of the San Diego Padres steals second base as shortstop Thomas Field #6 of the Colorado Rockies takes the late throw at Coors Field on September 19, 2011 in Denver, Colorado.  (Photo by Doug Pensinger/Getty Images)

If the site advertising themes didn't clue you in, there's a movie coming out this weekend. A movie starring Brad Pitt. A movie about baseball. A movie that was a book. A book, written by Michael Lewis, called Moneyball. That's right, not written by Billy Beane, despite what Joe Morgan would have you believe.

The concept of Moneyball is that baseball is an unfair game. Teams like the Dodgers, Yankees, and Cubs, they just flat out have more money than other teams in the league. Whether they make wise spending decisions or not, the fact is that they can make them. Billy Beane's Athletics found themselves in a financial jam, unable to spend money on the big names they wanted. They had to try and find an edge, find a way of acquiring baseball talent on the absolute cheap while filling holes and remaining competitive. This is Moneyball. It's a mistake to say that Moneyball is purely stats. 

Advanced stats were the original Moneyball because at the time, Scouting, AVG, RBI, Pitching Wins - that was all the talent evaluators needed to see. At the time, it was fine. But with the high RBI/AVG/whatever guys going for the big bucks, the Athletics needed to find something else. Enter OBP and its ensuing children. Now, OBP wasn't anything new, but it was largely overlooked by the baseball world. The Athletics were able to find guys who posted good OBP numbers who weren't being clamored for by the big money teams, and had a nice run of success with them.

The most common "Moneyball" strategy is just to build from within. It's cheaper... and sort of works. The Rockies very clearly build from within, but they don't display the detachment from their players necessary to succeed in the perpetual Youth movement.  Moneyball is more about finding an edge that other teams DON'T have. Finding the NEW Moneyball is what so many small-budget teams are looking for. Royals Review suggests that it's veteran FA players. Pinstripe Alley points out back-end starters as the new market inefficiency. The Rockies clearly feel that their road to success is going to be young players and bringing in strong-character veterans to round out the team.

It doesn't seem to be working right now.

Market inefficiencies are always tricky to spot. Since the rise of Moneyball, every team has worked that much harder to think outside of the box and find that breed of player that everyone else seems to miss. Now that statistical evaluation has caught on with nearly every MLB club, that inefficiency has been pretty much fully exploited. Frankly, the Rockies don't seem like a club willing enough to take a risk like that anyhow. The Rockies fall more in line with the small-to-mid-market standard MO: fall apart for awhile, get a good flow of minor league talent heading to the majors, grab a few bargain FAs here and there, and voila, a MLB team.

It worked for awhile, but as we've seen with guys like Brad Hawpe and Garrett Atkins, the Rockies aren't willing to move guys at the most cost effective moments, and as such aren't able to reinforce their minor league depth with quality prospects, and instead bring in overpaid marginal FAs. As far as running a baseball team in a relatively cost-effective way, the Rockies are certainly well established in that group. But finding means of consistent success? That eludes them yet.

Is there an unexplored area of the market you think the Rockies could capitalize on? Or am I wrong, and the Rockies ARE a Moneyball team, and I just missed it?

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Pitchers shorter than 6’!!!

I don’t really think there will be a new statistical market inefficiency the way there was with money ball (unless some new technology comes out and we can evaluate in new ways). There will continue to be trendy player types and buzz stats and such but the inefficiencies created by teams overvaluing a certain type of player will be short lived.

That being said, I think there are still a lot of inefficiencies in the baseball community that have yet to be explored. I think managing is a potential growth area. Strength and conditioning -guys like Lincecum and Bauer, and now Matzek show that there is not just one way to pitch and to stay fit, and teams like the White Sox who always lead the MLB in ‘fewest days spent on the DL’ offer some hope to whichever team can really bolster the strength and conditioning areas.

"These are thin mints. I put them in the freezer. My favorites. So good."
--Reds outfielder Adam Dunn, on the girl scout cookies he keeps in his locker

by Resolution on Sep 23, 2011 1:20 PM MDT reply actions  

I would agree with most of this

Especially the Brad Hawpe/Garrett Atkins syndrome, which seems to be that the Rockies organization is afraid to pull the trigger when a guy is at the peak of his value, and instead hold on to him with a vice grip until he’s worth nothing. It’s something that’s always bothered me – but then I started thinking about it, and we traded Ubaldo after a career season to replenish with more young talent. Could it be that we’re witnessing a turning of the page by DOD?

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by The Toddfather's Goatee on Sep 23, 2011 1:20 PM MDT reply actions  

The trades for DLR and Hammel were very nice moves

in fact you could argue they were very moneyballesque. If anything TB and Toronto showed last year that middle relievers were a huge market inefficiency on that allowed both teams to splurge on the biggest market innefficiency the first few rounds of the draft. Look at the Redsox a team more set up than any to make a run over the next 5 years.
Their roster is littered with high draft picks, and their minor leagues are littered with more
C Varitek 14th `94 /Salty 36th `03 both 1st rounders acquired in trade
1B AGon 1st `00 Acquired in trade for high draft pick players
2B Pedroia 62nd `04
3B Youklis 243 `01
SS Scuttaro AM FA `94/ Lowrie 52nd `05
LF Crawford 52nd `99
CF Ellesbury 23rd `05
RF Drew 5th `98/ Reddick 523rd `08
DH Papi AM FA `92

SP Lester 57th 02
SP Beckett 2nd `99
SP Lackey 68th `99
SP Bucholtz 42nd `05
SP Miller 6th `06
SP Bedard 187th `99

RP Bard 28th `06
CL Papelbon 114th `03

Looking over that team it is clear that a team should try grab as many high picks as possible as the vast majority of these players were drafted in the first 150 picks

~ Love is the most important thing in the world, but baseball is pretty good too ~

by TomCat009 on Sep 23, 2011 1:43 PM MDT reply actions  

Scrappy contact-hitters.

Altar Boy in the Church of Santo Ubaldo
"...buffalo chicken is a fine anti-depressant, after all." -UZ
"... One order of buffalo wings, please..." -Yokel, after July 30, 2011

by Yokel on Sep 23, 2011 2:25 PM MDT reply actions  

In all honesty

I think the market inefficiency is where the market is inherently inefficient (and can never be made efficient): Park Effects. There’s a different type of hitter that’s successful at Yankee Stadium or in Philly or Fenway than is successful at PetCo or Chase.

It’s especially important to build a roster of players who can be successful in the NL West, where so much of the schedule is played where the environments are so extreme. This is why I said scrappy contact hitters: I think that type of position player profiles well playing 2/3ds of the schedule at Coors and in the NL West.

DOD and Dac sort of have this figured out when it comes to finding pitchers who profile well at Coors. It’s time to take that same philosophy toward position players. It ain’t just power anymore.

Altar Boy in the Church of Santo Ubaldo
"...buffalo chicken is a fine anti-depressant, after all." -UZ
"... One order of buffalo wings, please..." -Yokel, after July 30, 2011

by Yokel on Sep 23, 2011 2:46 PM MDT up reply actions  

Moneyball is kind of a myth really.

Baseball has always seen teams come out of nowhere for relatively brief periods before fading back into mediocrity. It’s part of baseball. An organization figures something out before everyone else, then the rest of the league catches up.

Right now, I think the Rays are on to something with the way that they handle their pitchers. But the league will eventually catch up.

by DumbAndNerdy on Sep 23, 2011 2:54 PM MDT reply actions  

An organization figures something out before everyone else, then the rest of the league catches up.

That’s kind of what Moneyball is

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by Andrew Martin on Sep 23, 2011 2:58 PM MDT up reply actions  

Yes, but it's not unusual is my point.

It’s just the normal course of baseball. No one is making a movie about the creation of the farm system.

by DumbAndNerdy on Sep 23, 2011 3:07 PM MDT up reply actions  

They really really should

I would watch that movie. What makes Moneyball unique is pitting the old school scouts vs. new school stats.

"I have no special talents. I am only passionately curious." - Albert Einstein

by Andrew T. Fisher on Sep 23, 2011 3:29 PM MDT up reply actions  

I always feel like the Rockies envision washed-up over-the-hill former starters and middle relievers as the new market inefficiency….

Kevin Millwood
John Maine
Billy Buckner

Of course, sometimes they work out and they cost very little, so maybe there is something to it.

by DenverBears on Sep 23, 2011 4:09 PM MDT reply actions  

How many titles have the A's won under Beane?

I hate to be the guy that yells “SCOREBOARD!”, but it seams relevant. While the A’s were a very successful team for a few years, they never made it over the hump. In fact, when i look at the list of world series winners over the last decade+ I don’t see a lot of teams on there that would classify as Moneyball teams. What I do see more often than not is top end pitching and lots of it. I also see a lot of high payrolls. Maybe the 2003 Marlins resemble more of a moneyball team, from the standpoint of developing from with in. The way I see it is that stockpiling top end pitching will do more for your chances to grab a ring then finding a bunch of cheap, high OBP guys.

"My eyes! The goggles do nothing!" - Rainier Wolfcastle

by BittenAnkles on Sep 23, 2011 4:16 PM MDT reply actions  

I think what gets lost about those A's teams

is their pitching. When you have “The Big Three” in their prime, it doesn’t take an amazing offense to field a contender.

by RoxnSox09 on Sep 23, 2011 4:18 PM MDT up reply actions  

Exactly. Great pitching can hid a lot of other deficiencies.

See: Giants, San Francisco.

"My eyes! The goggles do nothing!" - Rainier Wolfcastle

by BittenAnkles on Sep 23, 2011 4:22 PM MDT up reply actions  

This is kind of to my point.

They happened to catch something at a certain time. But that time passed pretty quickly. It’s still interesting, but it is just another chapter in the story of our great game.

by DumbAndNerdy on Sep 23, 2011 4:43 PM MDT up reply actions  

Take very slim resources and build something great

If that’s the definition of Moneyball, I think Rolando Fernandez fits the bill. After that, I’m not able to rattle off a whole lot of other names in the Rockies organization that I would call Moneyballers.

by Northsider1964 on Sep 23, 2011 4:26 PM MDT reply actions  

I was a fan of the White Sox before I swithed my loyalty to the Rockies

and I think their ‘05 championship was part luck and part brilliance on the part of Kenny Williams. Basically, Thomas was nearing the end of his career, and although their offense had been good for several years it hadn’t been enough. Heading into ’05, KW basically decided to break up the potent offense by trading Carlos Lee for Scott Podsednik and Luis Vizcaino. On paper, this was something akin to a salary dump. However, at the same time the White Sox were acquiring good starting pitching depth. They had recently traded for Freddy Garcia and then Jose Contreras. The luck part was how everybody seemed to click at the same time, but I think the genius part was focusing on pitching and defense while building an offense that was good at “manufacturing runs.”

Basically, they were able to consistently limit the opponents’ runs scored, but their offense didn’t blow anybody away. They didn’t score a lot of runs, but they didn’t very often get shut out, and they were able to produce single runs when needed. If you think about it in terms of probability, their offense had a small runs scored variance. It’s kind of like the argument for and against bunting. With nobody out and a runner on first, bunting will severely reduce your chances of having a big inning. However, it can improve your chances of scoring a single run. For the White Sox, because their pitching was so strong, they didn’t need to score a lot of runs to win, so these “small ball” techniques were more effective.

I think this could be a type of market inefficiency: the variance in run scoring between different styles of offense. An offense that relies heavily three run home runs will have a large variance; one that relies on on base percentage, or some other skill can be reproduced more consistently, will have a smaller variance. If you couple that with a good ability to prevent runs (good pitching and defense), you can win at a higher rate than your pythagorean prediction. Basically, focus your financial resources on pitchers and then get good defenders who can get on base but don’t necessarily have a ton of power.

by RoxnSox09 on Sep 23, 2011 4:38 PM MDT reply actions  

Well said.

Altar Boy in the Church of Santo Ubaldo
"...buffalo chicken is a fine anti-depressant, after all." -UZ
"... One order of buffalo wings, please..." -Yokel, after July 30, 2011

by Yokel on Sep 23, 2011 4:43 PM MDT up reply actions  

I tend to agree....

…although the failure of the Giants to keep hold of the division this season points to the small margin for error that approach provides. Lose one key piece (in their case Posey) and the games you used to win by one run become games you now lose by one run.

That said, clearly pitching wins championships (and defense, and baserunning too)

by evers44 on Sep 23, 2011 5:34 PM MDT up reply actions  

to clarify.....

They didn’t fall apart when they lost Posey, but the pressure it placed on other bats to step up (which they mostly didn’t) is what eventually took the toll on that club.

by evers44 on Sep 23, 2011 5:35 PM MDT up reply actions  

Latin scouting is our current edge over essentially every other club in the league.

It’s been keeping us afloat through multiple years of bad/unlucky drafts.

The new market efficiency around here seems to be collecting/stockpiling young arms ala Tampa Bay. I don’t know if it will work long term at altitude, but it’s worth a shot.

Some days, I feel like I’ve accidentally entered the Church of Tulowitzki on Baseball Easter.
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by Muzia on Sep 23, 2011 4:59 PM MDT reply actions  

Yep

Without their brilliant Latin scouting, this team would be Houston Astros bad right about now. But that only gets you so far – some serious organization re-thinking is needed — from how players are instructed on fundamentals and hitting approach right through where the AAA team should be located.

I could be completely wrong about this, but my guess the loss of Kelli McGregor is one of the reasons things seem so muddled right now. I’m just not sure there’s really a person with a real vision for what has to happen next in place. My sense was that KM was that kind of a guy.

by evers44 on Sep 23, 2011 5:31 PM MDT up reply actions  

Waaay out on a limb here

but I think the Rockies’ secret to success is to somehow exploit the natural distinction they alone possess: playing at altitude. Thus far, it’s been viewed as a disadvantage, an obstacle to overcome, and thought has been put into how to negate it (groundball pitching, humidor) but is there any advantage in baseball to playing half your games at 5200 ft and the other half at 0-1000 ft? I think there has to be some somewhere and when the Rockies spot it, they can exploit it.

In other sports, Denver teams have used the strategy of conditioning at altitude themselves, and then basically running around a lot and forcing the other team to keep pace, hoping that the other team gets tired first. Baseball is less of an endurance sport within the context of a single game so it’s hard to see how this applies at first, but is there some other way or some related way (the best I come up with is the Helton strategy of getting the other pitcher to throw a bunch of pitches)? If so, having your AAA team at 6000ft is suddenly a boon, and there’s an advantage that no one else in the league can readily copy.

I don’t think there’s enough of an advantage to be found to make a huge difference, but there could be an edge to be gained. This combined with smart scouting, fixing the player development system to get guys’ heads in the game, spending money wisely, a new TV deal in a few years, and 3-millionish attendance could make the Rockies very competitive for a mid-market team.

"The game of baseball is made up of many little things. If we do all the little things right, then we'll never have a big thing to worry about" -- Cal Ripken, Sr.
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by RoarFrom112 on Sep 23, 2011 5:22 PM MDT reply actions  

The A's are 377-426 since 2007

So either:

a) moneyball is a myth
b) moneyball worked until everyone else found out about
c) the A’s haven’t practiced what they’ve preached since ’06

I expect the answer is B.

Regardless, the train has most likely left he station by now, so it’s not really that siginificant whether the Rox are or aren’t a moneyball team. The key lesson from Moneyball is the need for constant innovation.

The one area (and I’m hard pressed to find more than one) that the Rox have done this is in their Latin American scouting and instruction. You don’t get Ubaldo, Chacin, Nicasion, Rogers, etc,. etc. by accident. So props to them for that.

Otherwise, the Rox have been followers, not leaders, IMO.

by evers44 on Sep 23, 2011 5:29 PM MDT reply actions  

b is correct

market inefficiencies are always changing.

the only organization of humans responsible for more evil in the universe than the philadelphia phillies is the boston red sox

be happy, because 2012 is coming.

by papality on Sep 24, 2011 9:07 AM MDT up reply actions  

Sometimes what's old can be new again.

    The rockies seem to be poor at player developement and continueing developement. Granted it’s hard to do developement with the maniacle focus you can in latin america elsewhere. It used to be done here with with more minor league teams. There used to be more industrial league teams to scout. There were more independent leagues. There were more ways to stoke passion for the game by greater particeipation by all ages.

    Branch Ricky created power house teams by maniacaly focusing on player developement and not just being a sort of SABER pioneer. He invented the so called farm system. He went outside the box to get the Cards and then the Dodgers to invest in lesser leagues to be entry level instruction on his model and to expand his scouting base. He made small amounts of money go a long way by inveting in an espirit beyond normal by letting people say they were affiliated with the St Louis Cardinals or Brooklyn Dodgers. He got exclusive information that way. He turned unofficial but qualified eyes and ears to find names and places to investigate. It made his official scouts more efficient by giving them more and better to work with.

    A while back I suggested that the Rockies invest in locking up Universities around the country into exclusive information exchanges on that model and investing on player development at those schools on our model what ever we want that model to be. Universities have been doing this with buisnesses in other industies for years and years. Wharton and Harvard buisness schools have always put out good products that could work anywhere but were tailored to work for certain Wall Street firms over the years. Certain schools proudly proclaimed their partnerships with individual oil companies back in the heyday of big oil. Mines does this to this very day.. Pitt used to be the Gulf Oil school. Texas A& M was was Tennaco for example..
    
    What if the Rockies were to develope relationships with some of the best baseball schools in the country and lock up the info of their scouting departments and pay them to develope players our way?. It doesn’t mean those players would be exclusively ours; but they were developed to suit us. That pool of players would be tailored to us and our way. Why not pay a school to develope Marshall pitchers as an experiment. Why not turn other departments to research medical information for us exclusively? Or engineer a better spec bat that meets MLB standards but exceeds their performance? Give me other ideas on this and don’t just try to shoot it down.

"Why are they outlawin' the spit pitch? The curveball is a cheap 'n easy pitch; the spitter aint" Ty Cobb
"When I was pitching 90's in the seventies; I never thought I'd be pitching 70's in the nineties!" Frank Tanana

by Oldfoagie on Sep 24, 2011 8:56 AM MDT reply actions  

Defensive metrics

With defensive metrics more accurate than they’ve ever been (albeit still evolving), it would be great if the Rockies could employ whoever created total zone or UZR. What the Rox are really missing is a good run-prevention scheme. I think therein lies the true advantage that playing at altitude can uncover – being able to defend in areas that others can’t.

Sure, the Rox have attempted to stockpile fast/toolsy outfielders to be able to cover the expansive ground of Coors Field, but that same effort needs to be put into infielders and such as well. And, obviously not just “well, this guy only made x amount of errors last season.” They need to really focus on defensive metrics and, combined with scouting, determine what really makes a great fielder. That might be the next form of Moneyball.

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by Bryan Kilpatrick on Sep 26, 2011 1:13 PM MDT reply actions  

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