How Much Value Is Really in the Farm System?
Everyone knows that a strong farm system is key to the long-term success of a major league organization. They make it possible for clubs to field competitive teams at affordable salaries and stay beneath the luxury tax threshold, but how much value can an organization truly expect from their farm system? How much more value do the best farm systems generate compared to the worst ones? I decided to take a closer look.
Methodology
The first thing I did was gather the player information and rankings from the Baseball America’s Prospect Handbooks from 2001-14 and entered them into a database. I then found players’ total fWAR produced over the next six seasons, and I added them together to find the values that each farm system produced. I chose six seasons to ensure that teams wouldn’t get credit for a player’s non-team-controlled years, since the value produced would not be guaranteed for the player’s current organization. This method will reduce the total value produced by players that are further away from the majors, but the purpose of this analysis is to focus on the value of the entire farm system and not an individual player’s value over the course of their career.
Let’s look at the 2014 Minnesota Twins as an example. Below is a list of the thirty players that were ranked and the amount of WAR that each player has produced by season. Read the rest of this entry »