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All data is updated as of games played on October 18, 2017.

One of baseball’s most often repeated axioms states that, although home runs work just fine in the regular season, once the calendar turns to October, small ball becomes a more effective method for scoring runs. This mantra is proclaimed with such certainty that all who hear it seem to unquestionably accept its infallibility. However, since the dawn of the wild card era, history has suggested otherwise (though home runs have declined in the post season since 1995, runs scored by other means have dropped more significantly). So, as a service to those home run fanatics who refuse to accept the short comings of the long ball in the post season, the Captain’s Blog Presents the 2017 Long/Small Ball Meter (see here for 2016), which will not only keep a running breakdown of how runs are scored this postseason, but also present that data in a historical context. In addition, a historical comparison (since 1995) of the share of post season innings by role is also presented.

Current Season Data

Long/Small Ball Meter: Regular Season vs. Postseason, 2017
Note: Long/Small Ball Meter compares the rate of runs scored via the home run to all other means. Regular season data is for playoff teams only.  Averages are per team per game.
Source: Baseball-reference.com

Long Ball vs. Small Ball Tactics: Regular Season vs. Postseason, 2017

Note: Averages are per team per game.
Source: Baseball-reference.com

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Since the tragic death of Indians’ shortstop Ray Chapman, who was beaned in the head by Yankees pitcher Carl Mays, the Yankees have used their uniform as a means of offering tribute to the passing of legendary figures or commemorating tragic events. Below is a list of such honors:

 

Forget about WAR, FIP,  wOBA and other saber creations. EBITDA (earnings before Interest, Taxes, Depreciation and Amortization) is the metric baseball fans should get to know.

The Chicago Cubs won the World Series in 2016, but, using EBITDA as a barometer, the Philadelphia Phillies had the last laugh, presumably on their way to the bank. According to Forbes’ annual report on MLB finances, the fourth place Phillies led all teams with a whopping operating profit (defined by Forbes as EBITDA) of nearly $90 million. And, not only were the Phillies the most profitable team in 2016, but it also scored the highest EBITDA figure reported by Forbes since at least 2003 (Forbes has conducted the study for 20 years). In fact, four other teams would have qualified for that distinction had the Phillies not claimed the honor. In total, all but five clubs ended up in the black, with the industry as a whole topping $1 billion in profit, a 50% increase over 2015.

Top-5 and Bottom-5 Teams by Valuation, Net Revenue, EBITDA – 2016
Note: Revenue for each team is net of stadium debt and revenue sharing.
Source: Forbes.com

MLB’s profit picture was boosted by continued steady revenue growth and stable cost management. Industry income of $9 billion-plus, which differs from gross figures reported by the league, represented a 7% increase from 2015, while player expenses remained relatively flat (Forbes estimates player costs are 57% of operating expenses; I have calculated player cost at just over 50% of net revenue). The rising tide of revenue also lifted nearly every boat. Only the Reds (-3%) and Royals (-10%) collected less money than last year, while eight teams enjoyed double-digit increases.

Total Player Compensation as a Percentage of Net Revenue, 2003-2016
Note: Revenue is net of stadium debt service. Total compensation is actual payroll + player benefit costs + players’ share of the postseason revenue pool. Benefit costs are determined by working backward from the known 2015 amount and assuming a 4% growth rate (CBA calls for increases up to 10%).
Source: MLB releases published by AP (actual payroll), baseball-almanac (postseason revenue) and Forbes (net revenue)

With such healthy income statements, it’s easy to see why team valuations continued to soar across the league. In 2013, only five teams had an enterprise value above $1 billion, but now the average is $1.54 billion, a 19% jump over last year. Every team in the survey enjoyed at least a nominal bump, while all but four advanced double-digits. As a result, the relative debt levels of the league have fallen, giving each team a much more stable operating structure. Continue Reading »

A note of caution to optimistic Yankee fans: Having lots of top prospects is nice, but most rebuilds don’t work, and even those that do, often have setbacks.

The Yankees’ young talent is undeniable, but even players with All Star potential often struggle early in their careers. That, of course, does not bode well for the 2017 Yankees, who have leveraged their season to the immediate success of the team’s up and comers. However, if the Bronx Bombers struggle, don’t blame it on their youth. After all, that’s what gives this year’s team a glimmer of hope. The real limitation on expectations comes from a lackluster core of veterans borne from several years of roster neglect and financial entrenchment.

Starting with the positive, the Yankees’ bullpen could be one of the best in baseball. The dominant duo of Dellin Betances and Aroldis Chapman gets all of the attention, but the bullpen runs deep. A veteran like Tyler Clippard could close on some teams, but he’ll anchor the seventh inning, at least until Brian Mitchell dislodges him. Adam Warren as a swing man, and Tommy Layne as a situational lefty who can also handle righties, speak further to the bullpen’s depth, and that’s before considering young power arms like Jonathan Holder and Ben Heller. If the Yankees get leads, they should be able to hold them.

Although the Bronx Bombers could boast one of the most dominant relief corps in the majors, the big question is how many innings will they be forced to pitch? Without a single starter who is a lock to throw 200 innings, Joe Girardi may be calling on his bullpen earlier and more often than he’d liked, which, by the end of the year, could seriously mitigate the team’s strength. Perhaps, if the rotation made up for its lack of quantity with quality, the epidemic of short outings wouldn’t be as much of a concern, but, aside from Masahiro Tanaka, the Yankees cannot reasonably expect much better than league average performances from the rest of their starters, and even that’s being optimistic.

A blockbuster offense and a dominant bullpen are the best way to overcome a weak rotation, but the Yankees’ lineup, though improved, not only lacks depth, but also the kind of middle of the order experience that defines consistency. When Gary Sanchez and Greg Bird hit, the Yankees will score runs. If Aaron Judge breaks out, they’ll score even more. But, it’s a little unfair to expect three hitters with less than a year’s experience between them to be the engine of an offense.

Young players have growing pains, so, when Sanchez, Bird and Judge suffer the inevitable pangs, who will pick up the slack? Matt Holliday comes to mind, but can he stay healthy for a full season? Otherwise, the Yankees lineup is filled with disappointing veterans (and Didi Gregorius) whose recent track records suggest mediocrity as a baseline. Players like Jacoby Ellsbury, Starlin Castro and Chase Headley should be the ones providing leadership, but instead, they are actually the supporting cast, and that’s why the offense is unlikely to carry the team as much as it will need.

The Yankees have upside. Young prospects can breakout, and talented veterans can rediscover old glory, but when you’re depending on both, mediocrity is often the result. However, don’t expect the Yankees to hover around the .500 mark. Because of the team’s reliance on youth and veterans with mercurial talent, peaks and valleys are likely to define the season. The timing of those ups and downs could further impact how the team approaches the trade deadline. If the Yankees catch a hot streak during the summer, the organization will need to determine if the team really can make a run, or if another downturn is just around the corner.

Following are 10 key questions outlined and answered in the context of reasonable best, base, and worst case scenarios. Also, scroll below to see how well the Captain’s Blog has predicted the Yankees’ annual win total in the past, as well as a forecast for the rest of the league. Continue Reading »

Do spring training records matter? The answer often depends on whom you ask, and how well their team is currently doing during the exhibition season. But, what does the data say?

Top-10 Spring Training Records, 1984-2016

Note: Excludes the 1990 and 1995 exhibition seasons, which were shortened by work stoppages. Tie games excluded from winning percentage calculations.
Source: espn.com, mlb.com and springtrainingmagazine.com

Yankees’ Historical Spring Training Performance, 1962 – Present

Note: 1995 data excludes record compiled by replacement players.
Source: Yankees media notes (h/t @LouDiPietroYES ‏)

With the Yankees in the midst of a strong spring campaign, Joe Girardi is likely to find some virtue in March success. However, a more dismissive attitude from John Gibbons should be expected. Not only have the Blue Jays struggled during this exhibition season, but it wasn’t too long ago when Toronto parlayed a historic spring performance into a fourth place finish during the regular season. There’s enough anecdotal evidence to support both sides of the debate, so let’s look at the aggregate data.

Distribution of Playoff Teams by Spring Training Winning Percentage, 1996-2016
Note: Tie games excluded from winning percentage calculations. Chart compares playoff and non-playoff teams within defined winning percentage range.
Source: espn.com, mlb.com and springtrainingmagazine.com

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Spring training crowds during the first week of the 2017 exhibition season have been relatively sparse across both Florida and Arizona. With the exception of the Braves, Cubs and Red Sox, the average crowd size for every team has been down double digits compared to 2016. It must be time for the World Baseball Classic!

Y/Y Comparison of Spring Training Attendance: First Week 2017 vs. 2016 Total

Note: 2017 data is as of March 3. Attendance includes only games played against major league teams at typical spring training facilities.
Source: ESPN.com

Since the inaugural WBC in 2006, spring training attendance has taken a hit in each year that the tournament has been played. However, the decline has only been temporary. In the year following the WBC, attendance levels have immediately snapped back and continued their gradual ascent. Is this a quadrennial coincidence, or has the WBC discouraged fans from attending spring training games?

Average Spring Training Crowds Before and After WBC Years

Note: 2006-2008 data is for 15 current Grapefruit League teams only. Attendance includes only games played against major league teams at typical spring training facilities.
Source: Yahoo.com, ESPN.com and sportsbusinessdaily.com

There are a few reasons why the WBC might cannibalize spring training crowds. The most obvious is the earlier start to spring training necessitated by the tournament schedule. With a week’s worth of games in February, nearly one-quarter of the schedule takes place before a typical exhibition season begins. If these earlier games do not coincide with normal travel patterns and the habits of local residents, the result would be smaller crowds in February and an overall decline in average attendance caused by the resultant dilution. Continue Reading »

(This updated post was originally published on February 16, 2011)

For 20 years, Tampa has been the Yankees’ spring training home, but it still seems like just yesterday when the team’s camp was located down the coast in Ft. Lauderdale. I am sure most fans who grew up in the 1970s and 1980s still reflexively harken back to those days of yore, while the real old timers’ memories take them all the way back to St. Petersburg, where Yankees’ legends from Ruth to Mantle toiled under the Florida sun.

Over the years, spring training has evolved significantly. Once upon a time, it was a pre-season retreat designed to help out-of-shape ballplayers shed the pounds added over the winter. In the early part of the last century, before even reporting to camp, players would often attend spas in places like Hot Springs, where they would purge their bodies of the iniquities from the offseason. Then, games would either be played among split squads (in the old days, the camps would be split into teams of veterans and hopeful rookies, the latter often called Yannigans) or against local minor league and college ball clubs. Finally, the teams would barnstorm their way back up north before finally kicking off the regular season.

Today, spring training is more big business than quaint tradition. Thanks to the growing competition between cities in Arizona and Florida (each state now hosts 15 major league clubs), teams have been able to extract sweetheart stadium deals, allowing them to turn the exhibition season into a significant profit center. Still, at the heart of spring training is hope and renewal as teams begin the long journey that is the baseball season.

The Yankees’ spring history has been a journey all its own. Below is an outline of some significant mileposts along the way.

Yankees’ Spring Training Homes Since 1901
yankees-st

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