No Predicting This World Series →

If, however, recent, and not so recent World Series history tells us anything, it is that anything can happen this week. The Royals bullpen could blow three leads, Bumgarner could get roughed up in the first inning of game one. The Giants could continue to score runs on wild pitches and errors by the pitchers as they did against the Cardinals. A light hitting middle infielder like Joe Panik or Alcides Escobar could hit a big home run or two to win a game. The kvetching that these are not the best two teams in baseball, whatever that means, notwithstanding, this should be a fun World Series with lots of interesting stories and players, but the way each team got to this point is a reminder that predicting what will happen next is a mug's game.

What Happens When Teams Stop Paying for Past Accomplishments?

One of the major exploitable market inefficiencies in baseball is that teams pay so heavily for past accomplishments. No team does this more than the Yankees who have evolved into something of a straw man in this debate. The long contract which they gave to Alex Rodriguez means that the team will be playing Rodriguez more than $20 million a year in 2015-2017. Nobody can seriously think Rodriguez will still be an elite player by that time. Even if his current season is viewed as an off-year, it is not realistic to expect him to still be a top star during the last three years of his contract when he will make a total of $61 million.

A Very Freaky Cy Young

Lincecum, known as “The Freak” because of his size and unorthodox pitching delivery has been an extraordinary pitcher during his first two years plus in the Major Leagues. During this time, he has pitched 598.2 innings striking out 671 while walking 217 with an ERA of 2.90. While these numbers are extremely impressive, they do not provide much of a context. Lincecum’s numbers look better in a comparative context. Only 24 pitchers have pitched 550 or more innings with an ERA+ of 135 or better before the age of 25. Lincecum’s career ERA+ is 152. The only players who had better ERA+ for their age, with 550 or more innings pitched were Walter Johnson and Ed Reulbach. The closest postwar pitcher was Tom Seaver whose ERA+ at a comparable age was 149.

Lincoln Mitchell