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Teixeira Trade a Mistake for Angels

 

The Angels finally made a bold move. By trading for Mark Teixeira, they attempted to improve their team for a run deep into October. Unfortunately for them, by trading Casey Kotchman in the process, the Angels hardly improved their team at all.

Star-divide

 

Using Marcel projections, we can predict that, by the end of the season, Mark Teixeira will be worth 118 runs created. Casey Kotchman will be worth 84. That means that, offensively, over the entire season, Teixeira is worth 34 runs over Kotchman. This equates to 3-4 wins.

Teixeira is also noted for his excellent defense…but so is Kotchman (actually, Teixeira is fourth in RZR among first basemen this year, and Kotchman is fifth). Thus, the difference in their difference is negligible.

Therefore, over the entire season, Teixeira is worth 3-4 more wins than Kotchman. That’s a lot.

But of course, Teixeira is a two-month rental for the Angels. That means that he will spend approximately 1/3 of the regular season in Los Angeles. Thus, he’s worth 1/3 of 3.4 wins, which is 1.1 wins.

Now, one extra wins can be extremely important in a tight pennant race. It wouldn’t be surprising if several of the races in the National League are decided by a game or two; thus, every extra win a team in a tight pennant race can obtain is tremendously valuable. Furthermore, the value of simply making the playoffs is extraordinary.

But the Angels aren’t in a tight pennant race. In fact, they’re 12 games ahead in their division – and their biggest competitors, the Oakland Athletics, have already traded 40% of their starting rotation (with perhaps more trades on the way). Baseball Prospectus gives Los Angeles a 93% chance of making the playoffs - higher than any team in baseball. 

Thus, even though the Angels have out-performed their run differential thus far (their third order record is 54-51), they needn’t worry too much about making the playoffs. Part of their over-performance can be explained by their excellent bullpen. Furthermore, at this point in the season their lead is so large – and, just as importantly, the team chasing them is significantly worse now than they have been for the most of the season – that the chances of the Angels missing the playoffs are quite remote.

So the Angels have made this trade knowing that, most likely, they would make the playoffs even if they did not make the trade. Therefore, they are essentially obtaining a playoff upgrade. 

The playoffs can last for, at most, 19 games. Even if they do last for all 19 games, chances are no batter will accumulate more than 100 plate appearances in any given October (barring a tremendous amount of extra inning games). Therefore, let’s assume, for argument’s sake, that Mark Teixeira or Casey Kotchman would accumulate 100 plate appearances during this upcoming October. That equates to approximately 1/7 of the amount of plate appearances during an entire season (Marcel projects Teixeira to finish the season with 690 plate appearances).

Therefore, we would expect Teixeira to create 16.85 runs over those 100 plate appearances (118 runs created divided by seven, for 1/7 of a season). We would also expect Kotchman to create 12 runs over those 100 plate appearances (84 runs divided by seven). 

Thus, even if the Angels first baseman accumulates 100 plate appearances during October – basically, the maximum amount possible – the difference between Teixeira and Kotchman, is 4.85 runs – for argument’s sake, let’s call the difference five runs.

Five runs. That’s half a win. And that’s assuming 100 plate appearances in October when, in actuality, the amount of plate appearances the Angels first baseman is likely to receive is far less (for example, last October Kevin Youkilis had 58 total plate appearances). If, like Youkilis, the Angels first baseman receives 58 plate appearances this upcoming October, the difference between Teixeira and Kotchman shrinks to 2.9 runs. 

Yes, Teixeira is an excellent player. The problem for the Angels is that, in order to get him, they had to give up a pretty darn good player. Teixeira would have tremendous value if he was added alongside Casey Kotchman (replacing Garret Anderson at DH, for example), rather than instead of him. Or, if the Angels were in a tight pennant race, the one win that Teixeira would add over Kotchman in the final two months of the season would be extremely valuable and important. But the Angels aren’t in a tight pennant race. They’re almost certainly going to make the playoffs, even had they not made this trade.

Therefore, this trade can be seen as an upgrade for the playoffs only. And, as such, that upgrade is simply very small, even if somehow Teixeira receives 100 plate appearances. 

Let’s not even consider the reliever headed to Atlanta (he’s got pretty good numbers in double-A) and the fact that Kotchman is under control for the next three years. Let’s leave aside the fact that Teixeira now being a member of the Angels does not give them a leg up on re-signing him in the offseason – not while Scott Boras is his agent.

The Angels made this trade in order to improve themselves in October. Problem is, this trade hardly improves their chances in the playoffs at all.

0 recs | Comment 13 comments

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You are missing some peices

Tex is most likely a type A free agent, so if he walks after this season the Angels also get to offer him arbitration, which he would most likely reject (he would probably be worth any 1 yr deal from arbitration if he did accept) thus giving the Angels draft picks as well. Also they gain the chance to negotiate with him now, maybe lock him up for a few seasons.

by StLHugo on Jul 30, 2008 8:08 AM EDT reply reply actions actions   0 recs

Compensation.

Yes, the Angels will get two draft picks for Tex, but that hardly makes this trade better. They’re trading three cost-controlled years of Casey Kotchman, as well as a reliever with a decent chance of making the big leagues, for a VERY marginal upgrade and two draft picks. That’s not a good trade.

Furthermore, because Boras is his agent, Teixeira will sign with whatever team offers him the most money. It doesn’t matter that he’s now an Angel.

by Peter Bendix on Jul 30, 2008 9:45 AM EDT to parent up reply reply actions actions   0 recs

don't underrate the two draft picks

i’ve seen stuff that suggests they’re worth $10-$15MM in value

my blog // calling BJ Upton lazy is lazy // past results do not guarantee future performance

by Sky Kalkman on Aug 4, 2008 12:27 PM EDT to parent up reply reply actions actions   0 recs

extension unlikely

the “showcase” period for anaheim is, imo, not really a selling point of the trade. angles ownerhsip has been fairly clear that they cant justify paying any player for than they already pay vlad. they also wont allow themselves to soak 25% of their payroll on one guy.

tex is in his prime and boras will see to it that he cashes in. think about that… what a payday for boras to have tex and manny FA’s in the same winter (assuming boston doesnt pick up the option).

by EWS1532 on Jul 30, 2008 9:11 AM EDT reply reply actions actions   0 recs

I respectfully disagree

In the playoffs its important to take into account the small sample sizes. With a small sample size you want the best player to bat for you, in the case of Kotchman-Teixeira the better player is Teixeira.

What I mean by this:
It is unlikely that the full 19 possible games will be played by either team in the world series, but even if it was. My argument for Teixeira’s value is this. In the playoff’s each series is live or die. So you need not to look at 19 possible games you need break it down by series. So in the first playoff series, there are a max of 5 games in which you can play, at the end you are alive or dead. So with 5 games you would much rather the better player because he is more likely to produce lightening in a bottle. It becomes even easier to look at in smaller sample. Lets say the first series goes to game 5. You have exactly one game that determines the fate of your season. Thats going to be about 4 at bats for Teixeira or Kotchman. Teixeira being a better player is the guy that you want up there for any given single at bat if you could magically pick between the two. He’s more likely to hit a home run he’s also more likely to take a walk. He’s more likely to have a positive effect(and a bigger positive effect) in that small sample size of the post season. So the Angels are in an enviable position right now given that they appear to be a lock for the playoffs. (unless they have a Met-sized meltdown)

This is why Billy Beane is known to say (paraphrasing) “its my job is to get the A’s to the playoffs, after that its a crapshoot”

by Catch22Jacks on Jul 30, 2008 11:17 AM EDT reply reply actions actions   2 recs

great job

could not have phrased better myself. Well put

by Daniel Stern on Jul 30, 2008 3:23 PM EDT to parent up reply reply actions actions   0 recs

way off line

Except what you are using to analyze Tex’s impact is misleading; Tex’s impact over Kotchman will be driving in runs where teammates will be in a position to score; that is; Tex can hit cleanup and drive in more runs; if Kotchman could hit cleanup or was going to drive in runs from a similar proficiency of Tex, this trade would not happen.

But it did. Because Tex drives people in

by Daniel Stern on Jul 30, 2008 3:22 PM EDT reply reply actions actions   0 recs

Some points you may not have considered-

While the Angels are not in a race for the division, they are still very much in a race for home-field advantage throughout the playoffs. In a year like this one, where pretty much everyone else in the AL has been .500 or worse on the road, that edge could be fairly significant, and Tex gives them a better shot at it.

Further, the Angels don’t lose all that much if they let Teixeira go at the end of the season. There are convincing arguments that Kendry Morales could come up right now and put up numbers similar to Casey Kotchman’s, and Morales will be the next best thing to free for the next 3 years while Kotchman will be in arbitration.

Essentially they bought a temporary upgrade at first for a minor-league reliever, which they can either try to keep with money or allow to revert with a bonus of two draft picks.

~Till the Halo burns out...

by Zu Long on Jul 30, 2008 3:30 PM EDT reply reply actions actions   0 recs

Thanks for your comments.

Home-field advantage is a consideration that I overlooked, good point.

I don’t necessarily have a problem with dealing Kotchman. It’s just that, by dealing Kotchman to get Tex, the upgrade is severely diminished. If they could have added Tex alongside Kotchman, Tex would replace Garret Anderson or Gary Mathews at DH, where he would be a substantial upgrade.

Furthermore, the presence of Kendry Morales does not negate the fact that Tex is a very marginal upgrade over Kotchman. If the Angels believed they were better served with Morales than Kotchman, anyway, they could’ve still dealt Kotchman at the end of the season and inserted Morales at 1B.

by Peter Bendix on Jul 30, 2008 4:00 PM EDT to parent up reply reply actions actions   0 recs

Granted that...

Tex is only a small upgrade over Kotchman, he is a definite upgrade, and as others have pointed out, the Angels can get Kotchman back very easily. They’ll just call him Kendry Morales instead. The problem with this trade from the Braves side is that at best, it’s a break-even deal for them in the long run. Marek’s got all the right numbers so far at AA, but Kotchman projects out to be a 20-25 HR guy who hits more groundballs than a corner guy should. He’s not exactly an unknown quantity at this point as he’s been in the league for a few years here and there.

The Braves should have charged the Angels a premium. The Angels are getting their guy up front, and are paying with IOUs. Plus, they held the biggest chip on the table in terms of bats available. They should have gotten more for Tex.

http://mvn.com/mlb-stats

by pizzacutter on Jul 31, 2008 9:40 PM EDT reply reply actions actions   0 recs

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