The Saber's Edge: Tout Wars Recap

The Saber's Edge: Tout Wars Recap

This article is part of our The Saber's Edge series.

A couple weeks ago I participated in the Tout Wars Mixed auction with fellow RotoWire experts Derek Van Riper and Tim Heaney. The only item I knew for sure, the auction pace was going to be fast with Jeff Erickson running it. Otherwise, I was ready to go and see how the auction would play out. I was elated with the results.

I examined the league's previous tendencies and found three items I needed to address. The first was that the top players went on average 10 percent higher, except for Mike Trout and Clayton Kershaw. They both went at cost. I came in with a plan to get both and then build the rest of my team around late values. If it didn't work, I'd move to my normal value picking approach.

I go into auctions with one rule: find as many values throughout the auction and don't overpay, if possible. I find this strategy works because it takes advantage of owners using the two most common auction approaches: stars-and-scrubs and spread-the-risk. While I can justify spreading the risk in extremely deep auctions like 12-team only leagues, value picking allows a patient owner to take advantage of the two approaches.

The value approach stays away from the early inflation, which brings down the surplus value of S&S, but still gets end-game values. Additionally, it picks at-cost or underpriced players available in the mid-game, which is the advantage of spread-the-risk. Value picking has two drawbacks an owner needs to

A couple weeks ago I participated in the Tout Wars Mixed auction with fellow RotoWire experts Derek Van Riper and Tim Heaney. The only item I knew for sure, the auction pace was going to be fast with Jeff Erickson running it. Otherwise, I was ready to go and see how the auction would play out. I was elated with the results.

I examined the league's previous tendencies and found three items I needed to address. The first was that the top players went on average 10 percent higher, except for Mike Trout and Clayton Kershaw. They both went at cost. I came in with a plan to get both and then build the rest of my team around late values. If it didn't work, I'd move to my normal value picking approach.

I go into auctions with one rule: find as many values throughout the auction and don't overpay, if possible. I find this strategy works because it takes advantage of owners using the two most common auction approaches: stars-and-scrubs and spread-the-risk. While I can justify spreading the risk in extremely deep auctions like 12-team only leagues, value picking allows a patient owner to take advantage of the two approaches.

The value approach stays away from the early inflation, which brings down the surplus value of S&S, but still gets end-game values. Additionally, it picks at-cost or underpriced players available in the mid-game, which is the advantage of spread-the-risk. Value picking has two drawbacks an owner needs to recognize.

First, while the goal is to not go over your values, the owner needs to spend his money. Sometimes the inflation can be quite high for the 60 top players. The owner might need to jump up in a pay a little for one or two top players. Just don't overpay too much.

Also, on this point, if a top player has not gone, don't leave him out there hoping to get a great deal. Someone else probably has the same idea and both owners might end up in a bidding war with all value lost. The top player should be nominated as soon as possible to know if they will provide value or the owner needs to look elsewhere. The value approach works best if the top players are nominated first and then the next tier become values.

Additionally, it takes balls of steel to just sit there, be quiet and watch the rest of the table bid and take players. I have seen 30-plus players go before I even jump in to bid. Some auctions are started above my values. The key is to just wait and let the money leave the table. As I said, owners can't wait too long, but the prices will eventually drop. It can nearly drive a person insane going with the approach, but the values eventually come.

The second item I noticed from past auctions was that around $11, players transitioned from overpriced to underpriced. With two players sucking up possibly a third of my budget, I was going to live in this range. Additionally, the last three to five picks are normally dollar days with great values, especially for outfielders and pitchers. I priced in $1 for two outfielders and two pitchers. This allowed me to push some more money to better players.

Finally, I was going to have to pay crazy prices for a closer, but I wanted one of 14 reliable options. I expected prices to be 50 percent over my targeted prices, so I made the adjustment. Besides grabbing one reliable option, I wanted one or two other potential closers. I wasn't looking to win saves but punting the category would be too much makeup. I aim for a third-place finish in each category, which will easily give me the win at season's end.

That's it. I don't aim for certain players. If I like them more, I adjust my projections. I have a good idea of who I'll get comparing to other auctions. I find it is best to just take the deals handed to me.

One side effect of this approach is my team ends up boring with several 30-year-old players. There are no values with rookies and top stars. The steady contributors find their way to my team as other owners don't value them. For my valuations, I used the league's historic Pitcher/Hitter mix. For my projections, I averaged three sets, which continuously updated playing time. Besides bumping up a few dollars I won't allocate for the $1 endgame, I don't factor in any inflation. I want the dollars I spend to be a 1:1 correlation with the projected production. Here is my team.

POSPLAYERCOSTPROJECTED VALUE
C Buster Posey $28 $28.20
C Stephen Vogt $6 $11.90
1B Chris Davis $27 $30.00
3B Jake Lamb $14 $16.30
CI Eric Hosmer $13 $16.10
2B Logan Forsythe $6 $7.90
SS Elvis Andrus $13 $12.60
MI Eduardo Nunez $6 $14.10
OF Kevin Kiermaier $12 $16.80
OF Jose Ramirez $19 $18.90
OF Kole Calhoun $8 $13.00
OF Randal Grichuk $2 $7.60
OF Carlos Beltran $1 $6.80
UT Anthony Rendon $15 $15.40
P Corey Kluber $26 $26.00
P Rick Porcello $12 $15.40
P Danny Duffy $12 $13.20
P Jeff Samardzija $7 $11.20
P Robbie Ray $4 $9.50
P Collin McHugh $1 $9.50
P Adam Wainwright $1 $6.20
P A.J. Ramos $10 $9.40
P Ken Giles $17 $13.80
R Jayson Werth -
R Charlie Morton -
R Cody Bellinger -
R Steven Souza -
R Shelby Miller -
R Rubby De La Rosa -
Total:$260$329.80

As for my plan, it worked great even though I missed out on Trout and Kershaw, both of whom went for significantly higher than expected prices. I was at or below my values for the top four buys (spent $100, worth $103). I just picked values off in the $15 range where I knew there would be values. Additionally, I picked up my late $1 buys and I had an extra dollar to go on Randal Grichuk. The closers went for about 25 percent more than my values (which were 50 percent higher from their true value). I went a little more than I wanted to, but I start the season with two regulars.

During and after the auction, my team got zero love. Not one person tweeted out they like my team or approach except from Fake Team's Dave Morris Jr. He was tracking the auction and noticed the surplus value I was accumulating. He wrote about it the next day.


It's nice to be ranked No. 1 by him, but the season is long and some teams' initial rosters contained players who are expected to miss significant time.

Additionally, I came across three other preseason projections. Using BaseballHQ projections, I ended up first. Using Davenport projections, first again. And finally using the projections from here at RotoWire, I ended up fifth. I'll take it. Here are the averaged combined rankings.

OWNERRHRRBISBOBPERAWSVKWHIPTOTAL
Zimmerman127131075151015598
McCaffrey61511102129115788
VanRiper488671371391488
Heaney86814311133111087
Swanay12111328891151087
Zinkie10138212314113581
Pianowski1381531352152781
Steinhorn8139726121014280
Hershey1412124136456479
Shandler7331512151711376
Melchior36598125761475
Flowers936101277461073
Sayre131285142629271
Pisapia242125109881070
Engel211146791211768

As it shows, I ended up almost 10 points higher than any other owner. Value picking pays off. As shown in the first table, I bought a team worth $330 for only $260.

Besides feeling good about how my plan worked, the rankings tell me where I need to improve. On the hitting side, I need to pick up some home runs and on-base. As for the pitchers, I need to back off the starters with the high strikeouts and wins and get some more relievers with good rates. I already made such a move this week picking up Blake Treinen for more than a third of my FAAB. Three closers should keep me near the top of saves, and I can move them later for hitting, if needed.

I took advantage of top-end overspending to end up with a boring, good team. I am not having to make up ground. Instead, I will enjoy the initial head start and keep the accelerator down. With a little luck and with some strategic improvements, I expect to be in contention the entire season.

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ABOUT THE AUTHOR
Jeff Zimmerman
Zimmerman writes analytics-focused baseball and football articles for RotoWire. He is a three-time FSWA award winner, including the Football Writer of the Year and Best Football Print Article awards in 2016. The 2017 Tout Wars Mixed Auction champion and 2016 Tout Wars Head-to-Head champ, Zimmerman also contributes to FanGraphs.com, BaseballHQ and Baseball America.
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