Risky Business: The MLB Draft, Part 2 (UPDATED)

Melina Vastola-US PRESSWIRE

What are the odds of a draft pick reaching the majors, staying there, and performing at a superstar level?

Last week, I looked at a 15-year sample of MLB Drafts and examined the odds of a player making the majors, by pick type. The four pick types I examined were College pitchers and hitters and High School pitchers and hitters. I found that almost all (97%) college hitters drafted in the top 10 reached the majors, while only half of high school pitchers did. The other two categories fell in between.

Oops:

Before I proceed with my next revelations from this study, it's confession time. Because of the way I had collected my data, the dataset I was looking at was complete junk. So I re-downloaded the draft history for 1993 to 2007, this time collecting ALL of the Top 50 picks for those years, instead of just most of them. I re-built my pivot table and am happy to announce that the overall results changed very little. But in the interest of full disclosure, here is the corrected data, before I proceed.

Table_1_medium

% of Mean is a number I use to demonstrate how much higher the average fWAR was for each pick type, compared to the average fWAR for all picks taken in the Top 10 or Top 50, respectively.

Chart_1_medium

The data still shows that while High School pitchers are the least likely to make the majors, those players that do make the majors are, with college hitters, more likely to post the highest average WAR over the course of their careers. Contrarily, college pitchers are (again, with college hitters) the most likely to appear in the majors, but the least likely to post a high average career WAR.

With that off my chest, now I can move on.

Likelihood of Reaching Appearance Thresholds

Since the Astros are drafting in the Top 10 - first overall, actually - simply making the majors is not good enough for the player they pick. I was surprised how many players drafted in the Top 50 only received a "cup of coffee" in the major leagues. So I sculpted the data in a way that would be more useful.

The next chart shows how many players drafted during the sample reached a 300 innings pitched (pitchers) or 1,000 plate appearances (batters) threshold out of all of the drafted players. It's not a random choice on my part; those are the inning and plate appearance totals that Fangraphs uses for players who "Qualified" to appear on their career statistics reports.

Table_2_medium

And now the number of players who reached those appearance thresholds, as a percentage of the number of players who actually made the majors at all:

Table4_medium

Interestingly, players drafted in the Top 10 were no more likely to make and stay in the majors than Top 50 draft picks overall (except for, again, college hitters).

What Good is Being in MLB if You Stink?

So we now know how many players in our sample made the majors and stuck in the majors. But again, if the Astros are picking 1st, they don't want a low-floor player with a reasonable chance of a long career. They need a star.

It goes without saying that finding a star in the MLB amateur draft is exceptionally difficult. I don't need numbers to prove that. But different pick types have surprising variability in the likeliness of reaching stardom.

For my sample, I'm assuming a standard normal distribution of results, meaning that very few players will have an epic WAR, few will have a craptastic one, and most of the players will fall towards the middle. Granted, it's an assumption that may not be entirely accurate, but it should be good enough to illustrate the differences between pick types.

I found that for Top 10 picks, the average WAR was 1.10, and 0.65 for the Top 50. Based on the standard normal distribution, a player who performed in the top 10% would have a WAR/Season of 3.05 (Top 10) or 2.27 (Top 50). So I looked at the likelihood of players of each type reaching those lofty numbers:

Table_3_medium

Those numbers can't be right. At least, that's what I told myself the first time I saw them. Then I sorted my entire dataset by WAR/Season in descending order. The numbers are right. Within the fifteen-year sample, only two college pitchers drafted in the Top 10 reached the 90th percentile in WAR: Justin Verlander and Tim Lincecum. Among High School pitchers, only two players reached that level also: Clayton Kershaw and Zack Greinke. The percentage is so much higher for High School pitchers because of the vastly larger number of college pitchers that made the majors at all.

Caveats

As some commenters are so fond of pointing out, one can wrangle stats to give a desired appearance. I approached this study objectively, but there are some inherent inputs with my data that may make us miss some of the draft story.

Time to maturity - Because of the limitations of the data I can draw without having an intern to abuse, I had to use Career WAR as my value of choice. Some players peak earlier than others, and when talking about draft picks, the most important time to quantify their value is in the first few seasons of Major League time. Another study would show us what player type reaches his peak value fastest. Meaning, yes, my odds above look pretty bleak for pitchers, but if pitchers reach 80% of their peak war in their first three MLB Seasons while hitters reach only 50% of theirs, perhaps it balances the odds a bit. Warning: Those were made-up numbers. I have no idea what the actual numbers are, but they could affect a draft risk analysis quite a bit.

Positional scarcity - If I consider Kris Bryant to be the best hitter in the draft and Mark Appel to be the best pitcher in the draft, the odds of success favor Bryant. However, I might be able to get 80% of Bryant's production with a later pick, whereas because of the scarcity of true ace-ceiling pitchers, I might only be able to get 60% of Appel's production from a later SP pick. In other words, Preston Tucker theoretically could produce on a level that is not-quite as high as Bryant, but Rudy Owens doesn't have a prayer at approaching Appel's ceiling. Again, it would be an entirely different study to factor in position scarcity and quality depth. I'll cover this in the next post.

Conclusions

Caveats aside, looking simply at the success rate of players drafted in the Top 10 and Top 50 from 1993 to 2007, the following conclusions can be drawn:

  1. College Hitters were the safest bet to reach the majors and to become stars with longevity, and they were also very likely to provide an above-average value to their team in terms of Wins.
  2. College Pitchers were likely to reach the majors, but only a third of them stayed there.
  3. The odds of staying in the majors for at least 1,000 plate appearances or 300 IP were virtually identical for Top 10 and Top 50 picks.
  4. Pitchers were far less likely to reach the Top 10% in WAR than hitters, compared to the average draft pick who made the majors (based on normal standard distribution).

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join The Crawfish Boxes

You must be a member of The Crawfish Boxes to participate.

We have our own Community Guidelines at The Crawfish Boxes. You should read them.

Join The Crawfish Boxes

You must be a member of The Crawfish Boxes to participate.

We have our own Community Guidelines at The Crawfish Boxes. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_9351_tracker