Twins overvalued the save stat and overpaid for Matt Capps

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Matt Capps was available for nothing this offseason.

Non-tendered by the Pirates in December following a career-worst season that saw him post a 5.80 ERA and .324 opponents’ batting
average while serving up 10 homers in 54.1 innings, Capps became a free
agent and signed a one-year, $3.5 million deal with the Nationals in
large part because they were one of the only teams willing to promise
him an opportunity to remain a closer.

And last night the Twins decided to overpay for that closing experience, acquiring Capps from the Nationals for Wilson Ramos and Joe Testa.
To be clear, Capps is a good, solid late-inning reliever. He bounced
back nicely in Washington with a 2.74 ERA and 38-to-9 strikeout-to-walk
ratio in 46 innings and has a 3.50 ERA in 317 career innings. However,
if not for his racking up 93 saves for bad teams I’m convinced the Twins
never would have even considered this move.

Much like the Twins turning to Jon Rauch with Joe Nathan
sidelined, Capps’ reputation as an “experienced closer” comes largely
from teams simply giving him a shot to accumulate saves. Rauch has done a
perfectly fine job filling in for Nathan, converting 21-of-25 saves
with a 3.05 ERA and 27-to-9 strikeout-to-walk ratio in 38.1 innings, and
if given a longer opportunity may have turned himself into an
“established closer” just like Capps did. Seriously.

Take a look at their respective career numbers as relievers:

           IP     ERA     FIP    SO/9    BB/9     AVG     OBP     SLG     OPS
Capps 317 3.50 3.80 7.0 1.7 .263 .302 .415 .717
Rauch 402 3.54 3.90 7.5 2.7 .242 .297 .390 .687

Capps has had better control, Rauch has been tougher to hit, and
their overall effectiveness is nearly identical across the board. If
pressed I’d pick Capps over Rauch because he’s younger and has fared
better in Expected Fielding Independent Pitching
(xFIP), but by far the biggest difference between them is that one has
accumulated saves for four seasons while the other has accumulated saves
for one season.

No one would ever suggest that trading Ramos for a reliever who’s
slightly better than Rauch is a sound idea, yet by focusing on the save
statistic the Twins have done just that and many fans will instinctively
be on board with the move for an “established closer.” Now, don’t get
me wrong: Capps is a quality reliever and represents a clear upgrade to
the bullpen. What he’s not is an elite reliever or enough of an
upgrade to part with Ramos.

Capps is under team control as an arbitration-eligible player next
season as well, which means the Twins essentially traded Ramos and Testa
for 1.5 seasons of him. Unfortunately part of his inflated perceived
value includes his likely price-tag in arbitration, which is sure to
rise from this year’s $3.5 million salary to over $5 million (and
perhaps well over $5 million) thanks to those same shiny-looking save
totals.

Capps makes the Twins better for the final two months of this season
and all of next year, but the improvement isn’t nearly as large as the
“All-Star closer” label would have you believe and the cost involved is
significant in terms of both players and money. Next season the Twins
will pay a premium for a quality setup man they perceive as something
more because of a reliance on a flawed statistic and they gave up a good
catching prospect for the right do that.

In fairness, Ramos’ value is inflated as well. His historic debut
caused the Twins fans who don’t know any better to assume that he was
destined for stardom and his subsequent struggles at Triple-A have
exposed him as a good but not great prospect. However, he still projects
as a good defender behind the plate and a 22-year-old being overmatched
in his first experience at Triple-A is far from disastrous.

I’m not convinced that Ramos will become a star, but the possibility
certainly exists and at the very least he looks capable of developing
into a starting-caliber catcher for many years. Joe Mauer’s
presence meant Ramos had little shot to be that starting-caliber catcher
in Minnesota, but that doesn’t mean the Twins needed to deal him
immediately or when his value was at an all-time low or for an
underwhelming return like Capps.

I have no problem with trading Ramos or trading for bullpen help, and
in the Twins’ minds they just traded him for an “All-Star closer.” In
reality they traded Ramos for a setup-caliber reliever who accumulated
saves on bad teams and is thus overrated and soon overpaid. Among the 93
pitchers who’ve logged 150-plus relief innings in the past three
calendar years, Capps ranks 38th in xFIP, 49th in FIP, 50th in ERA, 61st
in strikeout rate, and 85th in opponents’ average.

You’d think the Twins would have learned something about the
created-not-born nature of the closer role and often spurious value of
saves from Rauch’s relatively successful stint filling in for Nathan,
but instead they just paid a premium for a guy whose perceived value and
ability are much higher than his actual value and ability solely
because of his role and save total. Capps is a good reliever, but the
Twins paid for a great reliever and did so for all the wrong reasons.

What’s on Tap: Previewing Tuesday’s action

LOS ANGELES, CA - AUGUST 24:  Rich Hill #44 of the Los Angeles Dodgers in the third inning of the game against the San Francisco Giants at Dodger Stadium on August 24, 2016 in Los Angeles, California.  (Photo by Jayne Kamin-Oncea/Getty Images)
Jayne Kamin-Oncea/Getty Images
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Rich Hill made his long-awaited Dodgers debut last Wednesday, out-dueling Giants starter Johnny Cueto. The lefty hurled six shutout innings, yielding only five hits (all singles) with no walks and three strikeouts. Of the 81 pitches he threw, a whopping 32 (39.5 percent) were curves compared to 41 fastballs.

That’s been the trend for Hill over his career, spanning parts of 12 seasons: highly reliant on the curve. It’s worked out well since resurrecting his career last year with the Red Sox and continuing it this season before the Athletics sent him along with outfielder Josh Reddick to the Dodgers on August 1.

As we’ve noted in this space several times, the Dodgers have dealt with more than their fair share of injury woes, including to ace Clayton Kershaw. The club has used 30 different pitchers, including 14 different starters. Yet they enter Tuesday’s game against the Rockies a game and a half ahead of the Giants for first place in the NL West. While the NL East, NL Central, and AL West races aren’t particularly interesting at this point, the NL West division race figures to be one of the most enthralling over the final month-plus of the season.

Hill will oppose the Rockies’ Tyler Anderson at Coors Field in an 8:40 PM EDT start. The second-place Giants will send Johnny Cueto to the hill at home to oppose the Diamondbacks Zack Greinke in a 10:15 PM EDT start.

The rest of Tuesday’s action…

Toronto Blue Jays (J.A. Happ) @ Baltimore Orioles (Ubaldo Jimenez), 7:05 PM EDT

Washington Nationals (Max Scherzer) @ Philadelphia Phillies (Jerad Eickhoff), 7:05 PM EDT

Chicago White Sox (Anthony Ranaudo) @ Detroit Tigers (Daniel Norris), 7:10 PM EDT

Miami Marlins (Tom Koehler) @ New  York Mets (Seth Lugo), 7:10 PM EDT

Minnesota Twins (Andrew Albers) @ Cleveland Indians (Josh Tomlin), 7:10 PM EDT

San Diego Padres (Edwin Jackson) @ Atlanta Braves (Julio Teheran), 7:10 PM EDT

Tampa Bay Rays (Jake Odorizzi) @ Boston Red Sox (Drew Pomeranz), 7:10 PM EDT

Pittsburgh Pirates (Chad Kuhl) @ Chicago Cubs (Kyle Hendricks), 8:05 PM EDT

Seattle Mariners (James Paxton) @ Texas Rangers (Cole Hamels), 8:05 PM EDT

Oakland Athletics (Kendall Graveman) @ Houston Astros (Collin McHugh), 8:10 PM EDT

St. Louis Cardinals (Adam Wainwright) @ Milwaukee Brewers (Wily Peralta), 8:10 PM EDT

New York Yankees (Masahiro Tanaka) @ Kansas City Royals (Edinson Volquez), 8:15 PM EDT

Cincinnati Reds (Tim Adleman) @ Los Angeles Angels (Jered Weaver), 10:05 PM EDT

Tim Tebow’s workout: power, speed but not much else

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Tim Tebow is, as we speak, working out for some 40 scouts from 20 organizations and an untold number of members of the media. So far he has run and jumped and thrown and, in a moment or two, will take his hacks. First BP swings, then live, full-speed BP off of a couple of former major leaguers.

His 60 yard dash time was supposedly excellent. On the 80-20 scouting scale he’s supposedly in the 50-60 range, according to people tweeting about it who know what they’re talking about. The guy is certainly big and strong and in amazing shape and that’s not nothing.

Also this:

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That’s from MLB’s Twitter, which provides us with some more in-action shots.

Here he is playing right field out there in the distance someplace:

UPDATE: Tebow’s workout is over. On the “pro” side, based on the assorted tweets of journalists in attendance, many based on quick conversations with scouts in attendance, Tebow’s power was described as “nuclear,” and graded out at an 80 for at least one scout. That’s as good as it gets. The speed in the 60, as mentioned above, was also excellent.

On the “con” side was his fielding, which was considered sub-par, with a scout saying that his routes were circuitous and inefficient and his arm, while alright, was nothing special, especially for a guy of his obvious physical strength.

As far as non-power hitting goes, it was also not great. His stance was very, very wide and did not leave much room for adjustments, scouts said. This was born out by his being fairly consistently baffled by former big leaguer David Aarsdma’s changeup, at which he swung-and-missed three of four times. He was one for six in simulated at bats against minor league journeyman Chad Smith, with that one hit being a single. He also drew a walk.

Maybe that power — both hitting power and star power — is too great for an organization to ignore. Maybe someone takes a chance. But as a prospect Tim Tebow sure sounds a lot like a big strong fast guy who probably doesn’t have a ton of baseball skills.