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The Brewers And Market Inefficiencies

If we take a step back and look from a distance, it's hard to argue the fact that this is one of Doug Melvin's best seasons as general manager of the Brewers. He took a team that looked like a rebuilding year was ahead in December and has turned them into a near lock to make the playoffs.

Even before this season, though, Melvin had a reputation as being a pretty good GM when in regards to finding relatively cheap talent that can help his team. Just look at some of these key contributors to the 2011 squad:

Nyjer Morgan, 3.9 fWAR

I'll be the first one to admit I thought the Brewers were making a mistake when they acquired Tony Plush, and I wasn't the only one: Only 64% of tracking poll voters thought the Brewers made the right decision when they gave up Cutter Dykstra, who had never played above A ball, for the center fielder with a history of personality issues in his past.

Morgan, though, has been outstanding as a Brewer and has quickly become one of the faces of this team. By fWAR, only Prince Fielder and Ryan Braun have been worth more.

Francisco Rodriguez, 0.5 fWAR

K-Rod had been very good for the Mets this season, posting 23 saves and a 3.16 ERA over 42 appearances, but had worn out his welcome. Some legal issues during his time in New York and a vesting option that would have paid him $17.5 million next season made the Mets all too eager to be rid of him, and the Brewers took advantage. They got Rodriguez and almost $6 million in cash to cover his salary from the Mets in exchange for two very unlikely long term contributors: Relievers Adrian Rosario and Danny Ray Herrera.

Rodriguez hasn't been thrilled with his role in Milwaukee (he'd like to close), but he's been very effective as a setup man: Opposing batters are hitting just .213/.286/.303 against him and he's struck out 24 while walking just nine over 23.1 innings. Having him around has really steadied a Brewer bullpen that was wobbling a bit before his acquisition.

Marco Estrada, 0.7 fWAR

The Brewers claimed Estrada off waivers from the Nationals before spring training in 2010, and the move didn't immediately pay off: Estrada appeared in just seven games for the 2010 Brewers and spent most of the season on the DL with vague injury issues. He returned to the team in 2011, though, and has been one of the team's biggest surprises.

Estrada is one of just six pitchers who have started a game for the Brewers this season, and he's been excellent in that role. He's posted a 3.70 ERA over seven starts, and kept the Brewers on track while Zack Greinke and Chris Narveson missed time. He wasn't a likely candidate to contribute to this team, but the 2011 Crew would be much worse off without him.

Casey McGehee, 0.8 fWAR

Admittedly, this hasn't been a very good season for McGehee. Many would probably like to see him put back in the box he came from. But, rough 2011 aside, McGehee has returned far more than any of us could have expected when he was claimed off waivers from the Cubs following the 2008 season.

FanGraphs estimates McGehee has been worth 6 fWAR in 416 games over 2+ seasons as a Brewer, where he's hit 51 home runs. Even if he contributes nothing else going forward, Melvin and the Brewers got a pretty nice return on their investment here.

At the end of the day, the moral of the story in Moneyball is that you can build a surrounding cast of just about anyone when you've got young, elite pitching teams can find a way to be successful if they do a good job of locating undervalued commodities and using them to fill gaps in their roster. The Brewers' success both this season and in past years can be at least partially attributed to Doug Melvin's ability to do just that.

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Oh Kyle... SB Nation is such a shill for ads

forcing you to do something like this. My favorite part was the strikethrough

But the article is right on. Well done.

"That's not a weird stat. Rickie is a run-scorer," Yost said. "It doesn't matter. It doesn't matter," Yost told reporters. "See, you guys have no concept. He's a run-scorer. So there's nothing weird about it. That's what he does."
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by Hyatt on Sep 15, 2011 4:18 PM CDT reply actions  

Kind of funny that Plush is the only real "market inefficiency" here

and he’s not an OBP guy – his “hidden value” if there is one is that he plays good defense at a premium position.

But good job being a good sport Kyle. :)

by Archibaldcrane on Sep 15, 2011 4:22 PM CDT reply actions  

"he's not an OBP guy"?

I realize his .355 OBP this season is higher than his career average (.347), but last season’s OBP (.319) seems more like an outlier.

Pujols is the Barack Obama of baseball.

by sjlee on Sep 15, 2011 4:34 PM CDT up reply actions  

specifically

his OBP isn’t hiding behind a low batting average – that’s my point. His OBP is good, but it’s not like “that guy only hits .250 – but SURPRISE! he walks a shitload and is valuable despite his BA”

“Moneyball” doesn’t identify Morgan’s offense as an underrated (market inefficient) commodity.

by Archibaldcrane on Sep 15, 2011 4:37 PM CDT up reply actions  

Also, I'm waiting for the Moneyball Sequel

where Billy Beane trades Houston Street and Carlos Gonzalez for 4 months of Matt Holliday.

"That's not a weird stat. Rickie is a run-scorer," Yost said. "It doesn't matter. It doesn't matter," Yost told reporters. "See, you guys have no concept. He's a run-scorer. So there's nothing weird about it. That's what he does."
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by Hyatt on Sep 15, 2011 4:38 PM CDT up reply actions  

He then traded Holliday for a few pretty darn good prospects

They ended up not panning out, but that’s not how you evaluate a trade like that.

Carlos Gonzalez would be league average in Oakland. Coors helps him immensely.

by cwolf20 on Sep 15, 2011 4:53 PM CDT up reply actions  

League average?

He’s on pace for a 127 OPS+ and a WAR of either ~3 (bRef) or ~4.5 (Fangraphs), all of which are park-adjusted. How is that league average?

by Cheeseandcorn on Sep 15, 2011 5:42 PM CDT up reply actions  

and he traded one of those prospects to the Rockies

and apparently Clayton Mortensen is having a semi-decent season for Colorado. Nice one, Beane.

by morineko on Sep 15, 2011 7:33 PM CDT up reply actions  

Eightball.

Give him an offspeed pitch down and in. He will swing and miss.

by cooper82 on Sep 15, 2011 5:45 PM CDT up reply actions  

There was one missed, though he falls in the McGehee category

Narveson was a failed prospect that was released by 2 teams and once included in a trade for Larry Walker. Melvin signed him as a minor league free agent, and he’s worked his way to being an above average 5th starter

"That's not a weird stat. Rickie is a run-scorer," Yost said. "It doesn't matter. It doesn't matter," Yost told reporters. "See, you guys have no concept. He's a run-scorer. So there's nothing weird about it. That's what he does."
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by Hyatt on Sep 15, 2011 4:37 PM CDT reply actions  

Isn't some of this though

just throwing shit at a wall and seeing what sticks? Was there a specific thing about Narveson’s advanced metrics back in ‘06/’07 or Casey McGehee’s in ‘07/’08 that lead us to believe they were more than just AAA/replacement players?

by Archibaldcrane on Sep 15, 2011 4:44 PM CDT up reply actions  

Metrics sure, but scouting was a big part of it as well

Same reason they signed Axford as a minor league FA.

Get a ife broseph

by Supertramp on Sep 15, 2011 5:44 PM CDT up reply actions  

But the scouts had no idea that Axford would develop an 80 mustache.

Applying pop culture to Brewers discussions since 2009, earning the nickname of "Our Little Abed".

by Yar Nivek on Sep 15, 2011 7:34 PM CDT up reply actions  

whoever is scouting the indies/minors for the Crew needs a bonus

They get so many good minor league free agents it’s ridiculous.

You also have to give points to some of the waiver claims they’ve made besides McGehee; wasn’t Todd Coffey one of those?

by morineko on Sep 15, 2011 7:35 PM CDT up reply actions  

You're forgetting the main lesson of Moneyball:

Prince Fielder is too fat to ever be an effective MLB player.

by Brew Angel on Sep 15, 2011 4:50 PM CDT reply actions  

There was a bit of irony there.

If I remember right. Beane had no problem with getting fat or unathletic guys that other teams overlooked (defense and steals were eschewed for OBP). A chapter or so is dedicated to the drafting of an overweight catcher who could get on base (and was signable cheap) named Jeremy Brown.

The thing was that Beane thought that Prince was too fat “even for the Oakland A’s”

by grant76 on Sep 16, 2011 6:40 AM CDT up reply actions  

I finally read the book about three months ago,

and I laughed out loud several times in the draft chapter. Everyone in the A’s draft room – stat nuts and traditional scouts – was openly mocking the Brewers for making the pick. I seem to remember the idea being something along the lines of only the Brewers are dumb enough to make this pick. This is why they never contend. I believe they also scoffed at the idea of taking a high school pitcher – Zack Greinke.

It was made funnier by how excited they were to get their pick, Nick Swisher. I understand that hindsight is 20/20, and they had some valid concerns (Greinke’s leap from HS, for example), but it still made me chuckle.

by Some Guy Named Gabbo on Sep 16, 2011 2:09 PM CDT up reply actions  

I would venture to guess that Prince is a better athlete than Scott Hatteberg, regardless of weight.

"I agree but dont agree"

by juggernaut400 on Sep 15, 2011 5:01 PM CDT up reply actions  

What about Axford?

And to a lesser extent, Kameron Loe.

by jimf on Sep 15, 2011 6:18 PM CDT reply actions  

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