Table of Contents

Monday, March 24, 2014

2014 Reds Preview: Position Players

2014 Reds Season Preview


This week is Reds Preview Week at the 'ole blog.  The Introduction is here.  Time to get down to brass tacks!

Below I'm reporting projections for all Reds position players, including a smattering of potential bench candidates.  The projections are 50:50 averages of Steamer and ZIPS, which I chose because they will be updated throughout the season;  I might use this spreadsheet as a basis for series previews or other kinds of check-ins during the season.  Maybe!  All counting stats (WAR, baserunning, and fielding) are reported as per-year totals, which I set to 550 PA for catchers and 650 PA for everyone else.  This includes bench players.  The idea is to get an idea of player talent, not accurately project playing time.

Starters

The biggest, obvious problem here is Ryan Ludwick.  The projection systems aren't at all buying that he's due for a resurgent season: average offense and poor fielding in an outfield corner mean for near-replacement level production.  They have good reason to be skeptical, too: he'll turn 36 in July, he's coming off a shoulder injury, and his 2012 Reds performance, good as it was, was a 472-PA follow-up to an absolutely dreadful campaign in 2011 with the Pirates and Padres.  Can he rebound?  Sure.  But I'm not putting money on it.  If he doesn't recover, the Reds can go with Chris Heisey out there...but his amazing spring notwithstanding, the projections don't look much better for him.

Otherwise, however, I have to say that the starting lineup looks really solid.  Devin Mesoraco looks to be a solid regular catcher, which would be a big upgrade over what the Reds got last year out of their catchers.  Furthermore, Billy Hamilton is projected to be a tick below average, but also not a complete disaster in center field.  Most of his production is his baserunning and fielding, but he is projected to post a near league-average OBP (with zero power).  Interestingly, he is the starter over whom Steamer and ZIPS differ the most.  ZIPS projects a .302 wOBA and very good baserunning and fielding to net 2.5 WAR, while Steamer is much more reserved (.283 wOBA, good baserunning, avg fielding, 0.8 WAR).

Everyone else looks to be more or less in line with what they did last year, with a bit of regression and a few blips thrown in here and there.  Overall, the Reds project to be a very good fielding team (the silver lining to losing Choo), and will have to find enough offense before they get to the 8-9-1 slots of offensive nothingness that Cozart-Pitcher-Hamilton will bring.  Still, if Zack Cozart and Hamilton can do enough with fielding, and in Hamilton's case, baserunning, they still pass as league-average players because the play elite defensive positions.  If Cozart could figure out how to take a walk now and then, however, it'd sure help the cause.

Bench

Oh, the horrors!

I like that Brayan Pena can bat left-handed, but he looks like a poor offensive player without much defense here.  But he's a catcher, and it doesn't take a lot to be worth bench job.  Hannahan can at least play the field, and looks like a good enough super-sub if he can get healthy enough to play.  Heisey is easily the strongest bat of the bunch, and can contribute fielding as well.  I expect to see him get some starts against lefties to spell Hamilton or Bruce.

But why on earth did they sign Skip Schumaker?  Yes, he's a lefty, and it looks like he can get on base a little bit.  But he has zero power, and his fielding projection is just horrific.  His career UZR/150 is -13 runs at 2B, -2 runs in LF/RF, and -12 runs in CF.  So...I guess if you stick in in a corner outfield slot, his glove is fine.  But despite decent on-base skills, he has zero power, and won't hit enough to offset the position adjustment.  The more I look at it, the more I dislike this signing.  I don't wish an injury on anyone, and I hope he recovers soon from his shoulder injury.  But in terms of performance, I'd much rather have someone like Roger Bernadina as the 5th outfielder/lefty bat (he can field, power makes up for weaker on-base skills) and Cesar Izturis Ramon Santiago as the middle-infielder.

With all of the injuries, guys like Chris Nelson and Neftali Soto might have a legitimate shot at the roster.  Both contribute some pop, but they don't walk and won't contribute defense.  Soto is a bit more interesting to me because of his slight edge on offense, and his ability to "catch," by which I mean he has donned the gear in professional baseball.  I'm not sure that he'd be any better at it than he is at his other fielding jobs, but it's nice to have an emergency catcher, I suppose.

Conclusions

In preparing this piece, I also happened to plug in numbers for the Cardinals.  For the most part, I thought the Reds matched up pretty well.  Except for two things.

1. The Cardinals don't have a gigantic hole like the Reds do in LF.  In fact, pretty much every player in their lineup can hit.  The exception might be 2B, but at least there they have guys who can field.  The Reds really need Ludwick to find himself again, or have Heisey quickly take his job and discover himself.

2. The Cardinals have a really good bench.  They have guys like Jon Jay and Mark Ellis (when he's not platooning) on their bench.  Those two guys can both be at least borderline starters, and that's probably selling them short.  And on top of that, they have Oscar Taveras waiting to make his big league debut, which would push Matt Adams (I guess?) to the bench.  I mean...sheesh.

Those two things put the Reds at somewhere around a 4-6 win deficit compared to the Cardinals, depending on how much the Reds' bench plays.  They will need to somehow get something from left field while keeping healthy enough to minimize the exposure of the rest of their bench to compete.  It won't be easy.

Fortunately...the pitching!  That's coming up next.

Sunday, March 23, 2014

Bunting for Sluggers and Sprinters

As much fun as it is to see Jay Bruce hit monster
home runs, sometimes he is just as well-served
when he tries for the bunt single.
Photo credit: Trev Stair
The bunt has a potential to be an important weapon for the Reds this season.  Billy Hamilton, the Fastest Man in Uniform, will try to use the bunt to get the ball on the ground so that he can use his legs to steal first base--especially when batting from the left side.  It can be a big part of his game, much as it was for Willy Taveras.  Obviously, the hope is that he can be a better player than Willy Taveras, but there was a time when he was in the running for both the retrosheet bunt hit record as well as the single-season bunt success record.

Taveras was an especially skilled bunter, but Jeff Sullivan did a piece at FanGraphs this week that demonstrated how hard bunting can be.  It is clearly something for which players can have a lot of success, but he found that the average rate at which bunt attempts are even bunted fair is only about 50% of the time.  And that's for "frequent" bunters; other players are down near 46% of the time.  And that's just bunting the ball fair, not successfully getting on base.  If the bunt is going to be useful for Hamilton, it's clearly a skill he'll have to develop (and he hopefully already has).

But with the increased prevalence of the infield shift, other Reds hitters may see reason to use the bunt.  Jeff Sullivan wrote a follow-up looking at how pull hitters, and especially left-handed pull hitters, can use the bunt to beat the shift.  The idea is so tantalizing: if the infield defense is cheating on you, giving up the entire left side to get four infielders on the right side, then you can get an "automatic hit" just by dropping a bunt toward third base.

Of all the Reds hitters, Jay Bruce would seem to be the best candidate for this approach.  And he clearly does so: Sullivan reported that Bruce has made 30 bunt attempts during Sullivan's 2008-2013 window.  Of his 30 attempts, only 9 went fair, which means the other 21 attempts went as strikes (fouls or whiffs).  But on those 9 fair bunts, 5 were successful: that's an 0.556 clip!  The interesting thing, however, is that Sullivan found that even after successful attempts, defenses were sometimes slow to adjust out of the shift...which means, if you can execute, you can continue to get on base with it at a high clip.

(Also, as an aside, the second animated gif in Sullivan's piece of Hank Conger's "successful" bunt hit is required viewing)

Just this morning, David Laurila posted a great quote from Brandon Moss on the advantages of using the bunt against the shift.
“If you’re able to get one down, it works two ways,” explained Moss. “Either it shifts the defense back over and opens up holes on the pull side, where I hit the ball, or they keep doing it and it’s a free hit. I just have to make sure I get it by the pitcher.”
It's classic game theory, and it works for both pull hitters and speedsters: if the defense knows you won't bunt, they don't have to defend against it, which means they can play back and even shift if necessary.  If they know they have to defend against the bunt, however, they will have to think twice about the shift.  And for a guy like Hamilton, they may have to cheat in on the grass, which gives his ground balls an even better chance of sneaking by infielders when he does swing.

Thursday, March 20, 2014

My two cents of pitcher head protection

Like all Cincinnati Reds fans, I'm still reeling from the news of Aroldis Champan's injury last night.  The star closer was hit by a line drive in the face, resulting in facial fractures.  If nothing else, the bones in the area where he was hit (near where his eyebrow and nose meet) are directly in front of his left frontal cranial sinus, so that may have collapsed.  He is getting a metal plate installed in a surgery that began at 5pm Arizona time, which will be reinforcing those areas.  The big concern from all of this, of course, was the possibility of damage to the brain, and the eye.  Early reports are very good, however.  Hopefully, those reports will continue.  Word is that he can be expected to be pitching as early as May, assuming he recovers well and is able to conquer the psychological challenge of getting in front of live hitters again.

Therefore, for the moment, I'm breathing a little easier now than I was this morning.  That reprieve allows one to start thinking about how the Reds will readjust their bullpen (Broxton?  Hoover?  Marshall?), but that can come later.

My other reaction is to immediately advocate measures that would fix this problem.  As Craig Calcaterra noted, it's hard to know how to what to recommend here.  I do think that we're very slowly starting on a trajectory toward requiring some kind of protection for pitchers.  Pitching at the major league level is so difficult, however.  It must require almost perfect balance and coordination to get the ball within a 3' by 1' box sixty feet away.  Therefore, anything that has the potential to disrupt or interfere with that balance seems destined to be rejected.

The IsoBlox padded hat.  Ugly, uncomfortable,
but at least a bit safer?
Still, solutions are already in the works.  This spring, in response to Brandon McCarthy's injury in 2012, MLB approved a new padded cap as an option for pitchers.  It weighs about a half-pound more, but provides a modicum of additional protection against line drives to the head.  Unfortunately, at least thus far, even McCarthy himself has been slow to embrace the cap.  I'd be interested to know if any players in baseball are using it right now; I haven't seen reports of any.  And, given that the ball hit Chapman in the face, it wouldn't have mattered in his case anyway.  There's another level or protection to consider as well: the pitching facemasks used in softball and even some little leagues.  The two in combination would offer a lot of protection.  But would pitchers still be able to throw the baseball with precision while wearing that gear on their heads?

My guess is that it would take some practice, and the transition would sometimes be frustrating to watch.  But yes, eventually pitchers would adapt.  The problem is, as long as protection is entirely optional, I think we're very unlikely to see pitchers adopt the protection on their own.  Some might give it a try.  But my guess is that the moment they start to struggle, someone is going to suggest they go without it.  And then, because Regression, they'll probably start throwing better once they take the gear off, and decide that it's just not for them.

So a league-wide policy, then?  It worked for third base coaches.  Yes, it has a chance to have a meaningful impact on player performance, and thus their livelihood.  And yes, some pitchers--maybe max-effort throwers?--might be impacted more severely than others.  But I see this as a workplace safety issue.  Just as wearing a hard hat on a construction site is a requirement for worker safety, requiring some kind of head protection should probably be something that MLB strongly considers.

Will it happen?  I'm under no illusions that it will happen soon.  A first step would be to improve the hat (or find another) that at least a decent number of pitchers can sign off on, and yet still provides meaningful protection.  But once that's done, I think MLB will need to mandate it if it is going to be used.

Wednesday, March 19, 2014

2014 Reds Preview: Introductions

2014 Reds Season Preview


The Reds are hoping Cueto spends far less time
watching from the sidelines this year.
Photo credit: twistedmoments
The +Cincinnati Reds are entering the 2014 season with largely the same cast of characters from 2013, with two major deductions: Shin-Soo Choo and Bronson Arroyo.  Choo is being replaced by speedster prospect Billy Hamilton, whereas Arroyo is being replaced (hopefully) by full seasons of Johnny Cueto and Tony Cingrani.

I think a lot of Reds fans, myself included, were disappointed after a fairly uneventful offseason.  There were rumors early on that the Reds would trade Brandon Phillips, but they apparently found little interest in him.  My favorite rumor was a Brett Gardner for Phillips swap, but the Yankees seemed uninterested in parting with their player--and justifiably so, given his superior production and cheaper contract.  That would have permitted the Reds to slot in either Hamilton or acquire a lower-cost 2B like Omar Infante (who would sign with the Royals) or Mark Ellis (who would be sign with the Cardinals).  None of that came to pass, and so the Reds will have to make do with what they have.

2013 Overall Team Performance

The chart to the left primarily reports 2013 season totals, but also shows projected winning percentage from FanGraphs and Baseball Prospectus.  You can see that both publications project a drop in performance this season from the Reds.  BPro is slightly more optimistic than FanGraphs, projecting 83 wins using PECOTA vs. just 80 wins using a combination of Steamer and ZIPS (note: FanGraphs recently updated their projection and now have the Reds at an even 0.500).

Overall, the 2013 Reds had great pitching and excellent fielding that was let down, to a degree, with a middle of the pack offense.  The hitting wasn't terrible, but played like a fairly extreme stars and scrubs.  On one hand, they got brilliant performances from Votto and Choo, and another solid year from Jay Bruce.  And Frazier, despite his big slump, turned in a league-average year.  But left field, shortstop, and catcher were all offensive black holes, as was second base after Phillips' hand injury.
What saved the season, almost unquestionably, was the starting rotation.  Of particular note was the surprising success of Tony Cingrani, who filled in amazingly well for the oft-injured Johnny Cueto.  Cingrani helped Latos, Bailey, Leake, and Arroyo hold down the fort despite the staff ace only registering 60 innings on the season.

Why the big drop in projected wins?  My first thought was that perhaps the Reds overplayed their Pythagorean record.  But a glance at Baseball Prospectus's 2013 Adjusted Standings page shows this to clearly be wrong:
The 2013 Reds might have come in third place, but their Pythagorean record indicated that they might have played better than they looked.  In fact, their 1st-order winning percentage (just straight PythagenPat) is right there were their second- and third-order wins, which estimate runs scored and allowed based on component inputs.  In most years, you'd expect a team that put up the numbers the Reds did to win about 93 games.

So what gives?  There are two main explanations: loss of talent (free agent departures) and a combination of regression & aging.  Over the next several posts in this series, I'll walk through projections for the position players and pitchers, and try to understand what we can reasonably expect for this team.  I'll say this in preview: I'm seeing a team that, on the surface, looks a lot better than the 0.500 team forecasted by FanGraphs and Baseball Prospectus.  The offense looks surprisingly solid, and the pitching looks strong.  But it's also a team that has very little depth, be it on the bench or in the minor leagues.  If injuries come fast, the Reds may have a hard time compensating.

Monday, March 17, 2014

Was Homer Bailey's Contract An Overpay?

The Reds locked up Homer Bailey this offseason,
but was the cost too great?
Photo credit: David Slaughter
The Reds' biggest offseason player move was unquestionably handing Homer Bailey a $105 million/6 year contract extension this offseason.  While this was exciting for most fans (myself included), reaction around the internets tended to lean toward this being a pretty substantial overpay.

I'm sure that people have done nice analyses of Homer's contract.  I didn't really look around at the time, though.  So, I decided to finally take a look myself.  Well, a few looks.  

Approach #1

The first approach I used is close to what I've been doing for years to understand contracts, and is inspired by people like tangotiger.  It works as follows.
  1. Make a projection for a player during the contract.  I used 2014 Steamer and ZIPS projections for that (courtesy of FanGraphs), and then did a "standard" 0.5 WAR/year decline.  That might be generous aging for a pitcher given pitchers' inherent tendencies to break, but we'll run with it.
  2. Come up with a cost per win translator for each year of the contract.  This is trickier than it used to be, because some of Dave Cameron's recent work has made it clear that the cost per win is not constant anymore; above-average players are getting more dollars per win than below-average players.  Fortunately, in that article he presented a regression line for this relationship, and it showed a really simple relationship: 2 WAR players (i.e. league-average) are getting $6M/win, 3 WAR players are getting $7M/win, 4 WAR players get $8M/win, etc.  I'm assuming that this "bonus" is set in the first year, such that players do not see their $/win decline as their performance declines.
  3. Estimate salary inflation.  I'm guessing wildly here, but based on past increases, as well as the amazing amount of money coming into the game right now with all of the TV contracts, I'm estimating a fairly aggressive 10% inflation on the $/win of an average player.  I'm just going to assume that the extra million bonus a 3-WAR player gets per WAR is fixed and not subject to inflation.
  4. Multiply the estimated WAR each year by the player-specific $/win numbers.  This gives salary value each year.  Then, you just sum up all of the years to get total contract value.
Here's what I got when I did this for Homer:

On the far left are years, my estimated average $/win with inflation, and Homer's actual salary.  I'm assuming the Reds will not exercise their part of his mutual 2020 option, so they pay the $5 million buyout.  Then you have the Steamer projected WAR, his $/win, and estimated salary.  Similarly, I report ZIPS estimated salaries.  Finally, on the right, I'm presenting a projection that would be required for the contract to make sense using my salary model.  In other words, this is apparently how the Reds are valuing Bailey.  Also, please note that I'm ignoring the fact that 2014 is Bailey's last arbitration year; we should really subtract $3 million from his total 2014 salary in each case to account for the fact that players make about 80% of their free agent value in their 3rd arbitration year.

It doesn't look like a particularly good contract, does it?  Steamer and ZIPS have his contract valued at between $50 and $67 million over six years.  Furthermore, Steamer's projection for 2014 is low enough that it doesn't even make sense to give him a 6th year.  The difference between the Steamer and ZIPS projections is entirely playing time: Steamer projects a 3.62 FIP in 173 innings, while ZIPS projects at 3.62 FIP in 192 innings.  Homer has thrown 200+ innings for two consecutive years, and has been very healthy in those seasons.  But just one trip to the DL would drop him into the 170-territory, and the floor in any given season is 0 innings.

To get the contract to make sense, you have to set his 2014 projection to 3.3 WAR.  That's not outrageous; Bailey was worth 3.7 fWAR last season (and 3.2 bWAR), after all.  But that was easily his best season thus far.  It's pretty hard to project that he'll do that again this season, at least based on standard player behavior.

On the other hand, what we're really dealing with here is a projected difference of 0.6 to 0.9 wins.  Given how large the error bars are on projections, this really isn't that bad.  If the Reds have special scouting information that indicates that Bailey really did take a significant step forward last year, and one that he's very likely to continue in future seasons, you could at least make an argument that this is a reasonable projection...

Approach #2

Dave Cameron recently posted a pair of new models that look at free agent salaries.

The first is a model that just takes total projected WAR in a contract and uses that to estimate a player's salary.  It's a simple regression equation, but it explains 95% of the variation in free agent salaries from the offseason.  Not too shabby!  Let's run it for Homer and our various projections:

This is a bit more encouraging.  Based on the regression equation, and our projection systems, Homer Bailey's contract estimate comes in at between $70 million and $85 million over 5 years (or six years, for that matter; he's projected to be replacement level in 2019).

I adjusted the Apparent Reds projection a bit here, because this regression model tends to result in higher estimated salaries than my first approach. Here, a projection of 3.1 WAR gets him where he should be for the contract to be an even value.  That's an 0.4 to 0.7 WAR difference from projections.

Approach #3

In that same article, Cameron also put together a salary estimation "toy."  It's very simple, not horrifically rigorous, but it works pretty well.  You can go to the article to read about it.  I applied it to Homer:

Cameron's toy suggests that, based on the Steamer and Zips projections, the market length of a salary like Homer's would be about 4 years.  But if we extend it to 6 total years, we get total estimates between $72 million and $81 million.  That's pretty close to the regression equation above.

The closest I could get his contract to the actual value was 3.2 WAR.  Push it to 3.3 WAR, and Cameron's toy extends him another year to 7 WAR, and the total contract value shoots to $115 WAR.  But again, the estimates are indicating that the +Cincinnati Reds are valuing Homer by about a half-win higher than the projection systems.

Conclusions

By the numbers, I think it's pretty easy to see why so many see this as an overpay.  Steamer, which has been the champion of pitcher projections the last few years, estimates his monetary value between 50% and 70% of the actual contract value, depending on which approach one takes.  That's a tough pill to swallow, especially when you consider that the salary models I'm using aren't making any allowances for the fact that pitchers are inherently more risky than hitters, aside from the projections.

That said, the other thing that this exercise impressed upon me was that the systems that I, at least, am using are highly volatile when examining long-term salaries.  For the most part, we're dealing with differences of just a half a win.  That's easily within our margin of error.  Any small difference in projection gets compounded with each year of an extension.  This is further enhanced by the fact that the cost per win changes with player quality.  As a result, a difference of less than a win in a projection can result in a $50 million difference in a contract valuation.  In Homer's case, that's half of his salary!

What do you think?  Is it reasonable to project Homer to have a 3+ WAR season in 2014?  Are these salary approaches so sensitive to small changes in player projection that they are almost useless?  Or was this a big overpay by the Reds?

Saturday, March 15, 2014

Price on bullpen use

Sean Marshall has historically had good success against
both righties and lefties.  Photo Credit: spablab
I thought this was an interesting comment from Bryan Price on bullpen usage:
"I've said to myself I don't know what it's like to be an everyday player professionally," he said. "But I do understand what it's like to be a pitcher and what these guys go through on days they don't pitch. 'Is so-in-so available?' Well, we got him hot three times yesterday and he pitched the two games before.

"It wasn't really a day off. Sometimes, as a manager (who was a position player), you may see that the guy got loose. But they see it as a day off. It's not. It's completely different. If you don't respect that, you end up over-utilizing your guys – even if they pitch in 65 games.
...
"There are going to be times when you bring in a right-hander to get that right-hander out based on the history of the pitcher that's in there at the time. But, to me, it just doesn't bode well when you match up. I don't like situational match-up pitchers because they beat up you bullpen. I've never liked it. I'd much prefer to have guys who get lefties and righties out.

"You never want to lose a game because you feel like you have the wrong matchup in," he said. "But if you want the right matchup every single game, you're going to blow out your bullpen."
It's going to be interesting to see whether his stance evolves over the season.

I think he makes a lot of good points, and important ones.  There's no question that platoon splits are real, and you absolutely do gain when you use righty-on-righty and lefty-on-lefty matchups.  I imagine that there are other kinds of match-ups that are worth exploiting, like using sinkerballers, breaking-ball specialists, or power arms against hitters that are particularly vulnerable to those pitcher types.  But I also think he's right about the importance of considering how often a guy is asked to get up and get warm as part of a reliever's usage load.

This is going to sound ridiculous (it's akin to pontificating about how to fly an airplane based on experience playing a flight simulator video game).  But my favorite baseball "video game" is Out of the Park baseball, where you play the role of the general manager and manager.  In terms of reliever usage, what I've taken to doing when deciding what reliever to bring in is to consider at least the next three batters that they will face.  Mostly, I consider handedness, but there's always some weighting for quality as well.  Ideally, there will be a rhythm to the opposing lineup, such that there is an optimal time to switch between a lefty and righty reliever that is spaced by at least three hitters.  Best case scenario, I can plan several innings in advance.  This lets me play matchups, at least in a coarse sense, but also avoid overtaxing my bullpen by using relievers for only a batter or two at a time...except in emergencies, of course!

I think (hope?) that's what Price is talking about here.  Yes, Sean Marshall will get to throw against righties.  But one should still try, at least generally, to use your top lefty reliever against the opposing team's top lefty hitters.  It's much better than blindly following a "Broxton in the 7th, Marshall in the 8th, Chapman in the 9th" plan.

Friday, March 14, 2014

The Free Agent Compensation Mess

The Reds' Todd Frazier was acquired via compensation
pick in the 2007 draft.  Photo courtesy of David Slaughter.
One of the biggest features of the latest CBA is a revised free agent compensation system.  The short version, as I understand it, is that if a team makes a "qualifying offer" to a player, which is defined as at least a one-year offer at a certain rate based on current player salaries (last year, it was ~$14 million), his team can receive compensation in the form of a draft pick if he turns it down and signs with another team.  The draft pick usually will come from the team that signs the free agent.

This offseason we've seen a group of free agents really struggle to find employment.  It's a big list: Nelson Cruz, Stephen Drew, Ervin Santana, Ubaldo Jimenez, Kendrys Morales...  All of these players are mid-tier free agents, and all are players who turned down qualifying offers from their teams in order to pursue larger contracts on the open market.  Like we saw in past years, these players all appear to be encountering a significant challenge: these are not top-tier talents, so teams don't want to give up their first round pick to sign them on top of paying their salaries.

The Nelson Cruz example is particularly interesting because he ended up having to settle for a one-year, $8 million contract after turning down a $14 million contract earlier in the offseason.  And ultimately, the main reason he actually got a deal seems to be that the Orioles had already given up their first-round pick to sign Ubaldo Jimenez, which made signing Cruz far less of a consequence for them.  Now, granted, his agents probably misread the market for him; apparently, teams are realizing that low OBP, poor fielding sluggers aren't worth as much as teams used to pay for them.  But this was a pretty big mistake.

Earlier this week, Tangotiger noted that MLBPA has decided not to challenge the compensation system until the next CBA.  I can understand that on some level--trying to renegotiate in the middle of the agreement might make negotiations of the next CBA a challenge.  But the system really seems very unfair to these few players who have to deal with the compensation pick.  It's not just this offseason, either.   I remember Orlando Hudson having similar issues some years ago.

I've always liked the principle of compensation.  It's best merit, in my view, is that it's a small token of recognition that small market teams, in particular, can't always keep their players.  Therefore, when a team loses an important free agent, they get slightly better draft position to help them begin to recover.  A 30-something pick isn't great shakes, but teams have scored some nice players with compensation picks.  Todd Frazier, for example, was the product of a compensation pick under the old system when the Reds lost Rich Aurilia to free agency.  I also like the idea of a qualifying offer: rather than trying to rank players by the TERRIBLE free agent system, the qualifying offer lets the market determine a player's value.  Teams (presumably) won't give a qualifying offer if the player isn't worth it, and so you're effectively letting the market determine if a player is good enough that the team deserves compensation.  To me, that's pretty elegant.

So how do we fix it?  To me, the problem is that the team has to surrender their own pick in order to sign a free agent.  I'm sure there's some important reason for this, but it seems to me that if we just got rid of that component--there would be no cost to the team that signs the player beyond the player's salary, just a bonus mid-30's pick to the team who lost the player--the system would serve its purpose and work quite well.  

As it is, the penalty of the pick means that some players get a raw deal, and teams are less likely to sign mid-tier free agents to improve their teams.  Seems like a lose-lose to me.