Evaluating Fantasy Baseball Trades and Player Pickups With VORP

Value Over Replacement Player (VORP) is athe replacement players statistics should fall below
sabermetric statistic made popular Baseballthe real league average. For most positions the
Prospectus. Essentially what VORP does isreplacements players statistics are assumed to be
compare the value a batter or pitcher contributes80% of average. However, for thin positions like
to his team verses the contributions of anthe catcher position the replacement players
average player at the same position. This averagenumbers are further scaled down using a % of
player is referred to as the replacement player.league average factor of 75%.
Why is VORP better than using standardBATTER VORP = Players Runs** - [((Leagues
traditional rankings which are based onAvg Runs / out )* (# of player outs**)) * % of
accumulated statistics? When looking at theleague average]
Yahoo rating you will miss out on a player thatA simple way to think about VORP for pitchers is
has hit a recent hot streak. Furthermore, thethe number of runs that pitcher prevents as
VORP calculation takes into account positionopposed to a random pitcher taken off the
scarcity as well as home field effects. Forwaiver wire. Interesting to note is that rather
example, a player with a lot of home runs playingthan use ERA the creators of VORP have
in Yankee stadium this year will have a slightlydecided to measure a pitchers contribution by
discounted rating since the average player ishow many runs are allowed while he is on the hill
hitting an above average amount of home runs at(Avg Runs) regardless of who is at fault. Another
the new Yankee stadium.thing to note for the PITCHER VORP calculation is
Another way of defining VORP for batters is thethat starting pitchers and relief pitchers are
number of runs a player contributes vs atreated differently. This is to account for the fact
replacement player off the waiver wire. VORP forthat most relief pitchers will have a significantly
batters can be calculated using the formula below.lower Runs Average than a starting pitcher. Also,
Essentially the number of runs a player hassimilar to BATTER VORP the calculation of a
generated (normalized for ballpark factors) ispitchers Runs Average per nine innings must be
subtracted from how many runs the player wouldnormalized to account for ballpark effects.
have generated if he was an averageVORP = ((Repl. Level - RAvg)/9)*Innings Pitched
replacement player. However, in order to allow forFor starting pitchers, Repl. Level = 1.37 * League
realistic player to player comparisons it isRA - 0.66
necessary to normalize a players statistics forFor relief pitchers, Repl. Level = 1.70 * League RA
ballpark effects before calculating VORP.- 2.27
Obviously, it is harder to hit in pitchers parks likeIn summary VORP is a useful statistic for
San Diego and San Francisco than in hitterscomparing players and can also be used to
ballparks such as Coors Field and the new Yankeeevaluate trades. The great thing is that by
stadium. The last part of the equation alsonormalizing for ballpark effects and position
requires clarification. After calculating how manyscarcity the metric is a good measurement to
runs would be generated by the averagecompare players across multiple positions. To find
replacement player, the number is scaled by aout more about VORP as well up to date player
factor called % of league average. Since the levelVORP calculations check out the Baseball
of talent in the major leagues is far from aProspectus.
normal distribution, the assumption is made that