Expert: No, the Yankees DID NOT buy their title

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A week and a half ago I asked whether or not the Yankees bought their title.  Given that, as of this morning, 652 people have commented on that, I feel comfortable saying that the subject struck a nerve.

Today noted sports economist Andrew Zimbalist says in the Wall Street Journal that, nope, the Yankees did not buy their title:

It’s a little surprising, but the statistical relationship between a team’s winning percentage and its payroll is not very high. When I plot payroll and win percentage on the same graph, the two variables don’t always move together. In other words, knowing a team’s payroll does not enable one to know a team’s win percentage.

More precisely, depending on the year, I find somewhere between 15% and 30% of the variance in team win percentage can be explained by the variance in team payroll. That means between 70% and 85% of a team’s on-field success is explained by factors other than payroll. Those factors can include front office smarts, good team chemistry, player health, effective drafting and player development, intelligent trades, a manager’s in-game decision-making, luck, and more.

Interesting, sure, but this should all be taken with a grain of salt.  For one thing, while Zimbalist is the most famous sports economist out there, he has had his butt handed to him over what appears to be some pretty sloppy work in the past.  He obviously knows more about sports business than you or I do, but whether he always uses that knowledge to reach sound conclusions, as opposed to starting with conclusions and using that knowledge in an effort to justify them, is an open question. Indeed, it’s an open question with all supposed experts.

Secondly, while the Yankees have always had money, with the opening of their new stadium, that money is reaching unprecedented levels (another sports economist, Vince Gennaro, thinks that their revenue went up by $100 million based on the stadium alone). Zimbalist talks about how the contracts they buy now may eventually become burdensome as the players age and “will weigh on the team’s ability to acquire other players,” but with the kind of cash flow the Yankees are seeing now, that conclusion is questionable.  Sure, there’s some payroll number that the Yankees can’t afford, but there’s no indication that they’re anywhere close to reaching it. 

Finally, while the Yankees have long been free agent players, we may very well be seeing something new in the past couple of years in terms of their ability to consistently and effectively use their money to get the right players.  Ask yourself: what could have happened in the early part of this decade if the quiet Hal Steinbrenner had been in charge instead of the boisterous and emotional George?  Can we say for certain that the Yankees wouldn’t have won more titles if, rather than waste their time with the Jaret Wrights and Kei Igawas of the world, they had done what they did last winter and simply decided to sign the absolute top free agents?

Maybe those are unanswerable questions, but two things are certain: (1) while the Yankees have always had a fat wallet, that wallet is now fatter than it has ever been; and (2), while the Yankees have always spent their money freely, they have only recently really started to spend their money wisely. Each of those factors may radically change Zimbalist’s dollars/wins graph going forward.

Brewers GM: Acquiring Jacob Nottingham doesn’t change Jonathan Lucroy’s status

Jonathan Lucroy
AP Photo/Jacquelyn Martin
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The Brewers acquired prospects Jake Nottingham and Bubba Derby from the Athletics on Friday in exchange for slugging outfielder Khris Davis. The hope is that Nottingham will develop into the Brewers’ catcher of the future, so you could say that the club is planning for life after Jonathan Lucroy. However, Brewers general manager David Stearns said today that the trade doesn’t change Lucroy’s immediate status.

The Brewers are in rebuild-mode and Lucroy is an excellent trade chip if healthy, as his contract includes a $5.25 million club option for 2017. It’s likely just a matter of time before he’s shipped elsewhere, but yesterday’s trade shouldn’t change the timeline for a potential deal. Nottingham doesn’t turn 21 until April and has yet to play in Double-A, so he’s still a ways off from the majors. The Brewers can afford to wait on the right offer for Lucroy, whether it’s in spring training or at the trade deadline or perhaps later.

Checking in at 6-foot-3 and 230 pounds, Nottingham batted .316/.372/.505 with 17 home runs over 109 games last season between Class A and High-A. He was traded from the Astros to the Athletics as part of the Scott Kazmir deal last July. It’s worth noting that Stearns was the assistant GM for Houston when Nottingham was drafted in the sixth round back in 2013, so he’s clearly a fan.

Joe Panik says he’s “100 percent” recovered from back injury

San Francisco Giants second baseman Joe Panik follows through on a single off Colorado Rockies relief pitcher Scott Oberg in the eighth inning of Game 1 of a baseball doubleheader Saturday, May 23, 2015, in Denver. The Giants won 10-8. (AP Photo/David Zalubowski)
AP Photo/David Zalubowski
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Giants second baseman Joe Panik missed nearly all of August and September last season due to a nagging back injury, but he told Alex Pavlovic of CSNBayArea.com on Friday that he’s feeling “100 percent.”

Panik, who earned his first All-Star selection last season, originally landed on the disabled list in early August due to what was described as lower back inflammation. He made his return in September, but appeared in just three games before being shut down. The good news is that he was cleared by doctors in mid-December and considers himself “back to normal.”

“It was right around the time of all the signings,” he said, smiling. “I was able to fly under the radar. I got tested and everything had healed up. I got cleared and was able to have my full offseason workouts. I’m good to go. I’m happy to be feeling good and going back out on the field to show that I’m healthy. My swing feels strong.”

Panik altered his offseason workout routine and plans to spend less time in his spikes in the early part of spring training. The hope is that these changes will prevent future issues.

After a strong showing as a rookie in 2014, the 25-year-old Panik proved to be one of the best second baseman in the majors last season by batting .312/.378/.455 with eight home runs and 37 RBI over 100 games while playing solid defense.

Baseball America names Corey Seager as baseball’s top prospect

Los Angeles Dodgers' Corey Seager follows through a single that scored Austin Barnes, in front of Colorado Rockies' Wilin Rosario during the sixth inning of a baseball game, Wednesday, Sept. 16, 2015, in Los Angeles. (AP Photo/Danny Moloshok)
AP Photo/Danny Moloshok
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Baseball America unveiled their top 100 prospect list Friday night during a special on MLB Network. It should come as no surprise that Dodgers infielder Corey Seager came in at No. 1.

This makes Seager the consensus top prospect in the game. He was also ranked first by MLB.com, Baseball Prospectus, and ESPN’s Keith Law. Twins outfielder Byron Buxton was ranked second on all four lists.

Baseball America has the most aggressive ranking of Cuban infielder Yoan Moncada from the Red Sox, who checked in at No. 3. He was followed by pitching prospects Lucas Giolito from the Nationals and Julio Urias from the Dodgers to round out the top five.

You can see Baseball America’s full top 100 list here.

Jenrry Mejia: “It is not like they say. I am sure that I did not use anything.”

New York Mets' Jenrry Mejia reacts after getting the last out against the Milwaukee Brewers during the ninth inning of a baseball game Friday, July 25, 2014, in Milwaukee. The Mets won 3-2. (AP Photo/Jeffrey Phelps)
AP Photo/Jeffrey Phelps
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Mets reliever Jenrry Mejia was permanently suspended on Friday after testing positive for a third time for a performance-enhancing drug. The right-hander is maintaining his innocence, as ESPN’s Adam Rubin notes in quoting Dominican sports journalist Hector Gomez. Mejia said, “It is not like they say. I am sure that I did not use anything.”

Mejia has the opportunity to petition commissioner Rob Manfred in one year for reinstatement to Major League Baseball. However, he must sit out at least two years before becoming eligible to pitch in the majors again, which would mean Mejia would be 28 years old.

Over parts of five seasons, Mejia has a career 3.68 ERA with 162 strikeouts and 76 walks over 183 1/3 innings. He was once a top prospect in the Mets’ minor league system and a top-100 overall prospect heading into the 2010 and ’11 seasons.