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	<title>Comments on: Revisiting Eric Chavez&#8217; Extension</title>
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	<link>http://www.fangraphs.com/blogs/index.php/revisiting-eric-chavez-extension/</link>
	<description>Daily baseball statistical analysis and commentary</description>
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	<item>
		<title>By: Mat Gonzales</title>
		<link>http://www.fangraphs.com/blogs/index.php/revisiting-eric-chavez-extension/#comment-151547</link>
		<dc:creator>Mat Gonzales</dc:creator>
		<pubDate>Mon, 05 Apr 2010 07:22:20 +0000</pubDate>
		<guid isPermaLink="false">http://www.fangraphs.com/blogs/?p=5006#comment-151547</guid>
		<description>Gringo, do you and Joe Morgan hang out?</description>
		<content:encoded><![CDATA[<p>Gringo, do you and Joe Morgan hang out?</p>
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	<item>
		<title>By: NBarnes</title>
		<link>http://www.fangraphs.com/blogs/index.php/revisiting-eric-chavez-extension/#comment-151357</link>
		<dc:creator>NBarnes</dc:creator>
		<pubDate>Sun, 04 Apr 2010 18:16:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.fangraphs.com/blogs/?p=5006#comment-151357</guid>
		<description>How do you propose that you evaluate them?</description>
		<content:encoded><![CDATA[<p>How do you propose that you evaluate them?</p>
]]></content:encoded>
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	<item>
		<title>By: NBarnes</title>
		<link>http://www.fangraphs.com/blogs/index.php/revisiting-eric-chavez-extension/#comment-151356</link>
		<dc:creator>NBarnes</dc:creator>
		<pubDate>Sun, 04 Apr 2010 18:06:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.fangraphs.com/blogs/?p=5006#comment-151356</guid>
		<description>Do you have a link to where you wrote at the time that Beane was making a huge mistake?  I&#039;m always curious to see prescience in action.</description>
		<content:encoded><![CDATA[<p>Do you have a link to where you wrote at the time that Beane was making a huge mistake?  I&#8217;m always curious to see prescience in action.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: DL80</title>
		<link>http://www.fangraphs.com/blogs/index.php/revisiting-eric-chavez-extension/#comment-151326</link>
		<dc:creator>DL80</dc:creator>
		<pubDate>Sun, 04 Apr 2010 15:12:39 +0000</pubDate>
		<guid isPermaLink="false">http://www.fangraphs.com/blogs/?p=5006#comment-151326</guid>
		<description>Just to throw some fuel on an already kindled fire, what are the odds that Chavez&#039;s career suffered because he didn&#039;t use steroids/HGH/etc.?  I don&#039;t know anything about any possible rumors, but as a non-A&#039;s fan and a non-Chavez owner in my dynasty league, I can&#039;t recall him ever being thrown out there as a possible user.  Basically, Tejada and Giambi&#039;s careers may have turned out better in hindsight because of the fact they DID use.  Is Chavez an example of a guy who (probably) didn&#039;t use, but should have (in the context of the era, ignoring all the health ramifications)?</description>
		<content:encoded><![CDATA[<p>Just to throw some fuel on an already kindled fire, what are the odds that Chavez&#8217;s career suffered because he didn&#8217;t use steroids/HGH/etc.?  I don&#8217;t know anything about any possible rumors, but as a non-A&#8217;s fan and a non-Chavez owner in my dynasty league, I can&#8217;t recall him ever being thrown out there as a possible user.  Basically, Tejada and Giambi&#8217;s careers may have turned out better in hindsight because of the fact they DID use.  Is Chavez an example of a guy who (probably) didn&#8217;t use, but should have (in the context of the era, ignoring all the health ramifications)?</p>
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	<item>
		<title>By: Curtis</title>
		<link>http://www.fangraphs.com/blogs/index.php/revisiting-eric-chavez-extension/#comment-76945</link>
		<dc:creator>Curtis</dc:creator>
		<pubDate>Sat, 23 May 2009 03:53:06 +0000</pubDate>
		<guid isPermaLink="false">http://www.fangraphs.com/blogs/?p=5006#comment-76945</guid>
		<description>Yeah, I scribbled some stuff down the other day. Only the Yankees (~$1.15 billion payroll) and Braves (~$715 million) had more victories from 1999 to 2006 than the Athletics (~$355 million).</description>
		<content:encoded><![CDATA[<p>Yeah, I scribbled some stuff down the other day. Only the Yankees (~$1.15 billion payroll) and Braves (~$715 million) had more victories from 1999 to 2006 than the Athletics (~$355 million).</p>
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	<item>
		<title>By: Andrew</title>
		<link>http://www.fangraphs.com/blogs/index.php/revisiting-eric-chavez-extension/#comment-76910</link>
		<dc:creator>Andrew</dc:creator>
		<pubDate>Fri, 22 May 2009 23:29:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.fangraphs.com/blogs/?p=5006#comment-76910</guid>
		<description>All you Billy Beane haters out there, i got a stat for you,  Oaklands average rank in terms of payroll in his first 11 years as gm(98-08) : 23.9.  Oaklands average rank in terms of wins: 9.7  The last two years have been down ones in oakland and if you want to talk about his first 9 years those numbers become 24.2 and 7.7 respectively.  Thats a playoff team with the 24th payroll in baseball.  This guy has NEVER had a payroll in the top HALF of teams.  yet they&#039;ve had winning seasons in 8 of his eleven years and made the playoffs 5 times.  Here&#039;s the list of teams who made the playoffs 5 times between 98-08 and their total salaries, NYY-1.621B, BOS-1.105B, ATL-965M, ANA-858M, STL-853M, HOU-764M, OAK-505M.  Find me a GM with a record anywhere close to this.</description>
		<content:encoded><![CDATA[<p>All you Billy Beane haters out there, i got a stat for you,  Oaklands average rank in terms of payroll in his first 11 years as gm(98-08) : 23.9.  Oaklands average rank in terms of wins: 9.7  The last two years have been down ones in oakland and if you want to talk about his first 9 years those numbers become 24.2 and 7.7 respectively.  Thats a playoff team with the 24th payroll in baseball.  This guy has NEVER had a payroll in the top HALF of teams.  yet they&#8217;ve had winning seasons in 8 of his eleven years and made the playoffs 5 times.  Here&#8217;s the list of teams who made the playoffs 5 times between 98-08 and their total salaries, NYY-1.621B, BOS-1.105B, ATL-965M, ANA-858M, STL-853M, HOU-764M, OAK-505M.  Find me a GM with a record anywhere close to this.</p>
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		<title>By: Wally</title>
		<link>http://www.fangraphs.com/blogs/index.php/revisiting-eric-chavez-extension/#comment-76712</link>
		<dc:creator>Wally</dc:creator>
		<pubDate>Thu, 21 May 2009 22:22:46 +0000</pubDate>
		<guid isPermaLink="false">http://www.fangraphs.com/blogs/?p=5006#comment-76712</guid>
		<description>That is just used as an example of how valuable Chavez was, and what an early decline would have looked like.  Instead, thanks to injuries, it was:

4.3
3.6
1.2
.1
-.4

That isn&#039;t the typical age 27-31 career path for a player that had put up 3 4-6 WAR seasons before that, and probably two others in 2000 and 2001, with Chavez&#039;s skill set.

The whole point was don&#039;t look at the end results to evaluate the signing, look at what was LIKELY to happen at the moment of the signing.  And even 5 years later, after all the knowledge we&#039;ve gain about the sport, the 2004 version of Eric Chavez looked like a great bet to continue being the player he had been for ~6 years.

Think about it.  Would you pay 66 million dollars (in 2005 dollars, or about 75M today) over 6 years to a 26 year old player that is coming off of maybe 5 4-6 WAR seasons?  A current example of a player like that would be Jose Reyes, or very nearly Sizemore.  Players like that are rare.  And at 12.5M/season you get a great discount if the player can average 5 WAR, which is worth about 22 million according to this site.  Heck they could average roughly career worsts, 4 WAR (16M/season), and still come out ahead.

The Chavez signing was a very good deal.  It just turned out badly thanks to injuries, which is just bad luck, nothing more.</description>
		<content:encoded><![CDATA[<p>That is just used as an example of how valuable Chavez was, and what an early decline would have looked like.  Instead, thanks to injuries, it was:</p>
<p>4.3<br />
3.6<br />
1.2<br />
.1<br />
-.4</p>
<p>That isn&#8217;t the typical age 27-31 career path for a player that had put up 3 4-6 WAR seasons before that, and probably two others in 2000 and 2001, with Chavez&#8217;s skill set.</p>
<p>The whole point was don&#8217;t look at the end results to evaluate the signing, look at what was LIKELY to happen at the moment of the signing.  And even 5 years later, after all the knowledge we&#8217;ve gain about the sport, the 2004 version of Eric Chavez looked like a great bet to continue being the player he had been for ~6 years.</p>
<p>Think about it.  Would you pay 66 million dollars (in 2005 dollars, or about 75M today) over 6 years to a 26 year old player that is coming off of maybe 5 4-6 WAR seasons?  A current example of a player like that would be Jose Reyes, or very nearly Sizemore.  Players like that are rare.  And at 12.5M/season you get a great discount if the player can average 5 WAR, which is worth about 22 million according to this site.  Heck they could average roughly career worsts, 4 WAR (16M/season), and still come out ahead.</p>
<p>The Chavez signing was a very good deal.  It just turned out badly thanks to injuries, which is just bad luck, nothing more.</p>
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	<item>
		<title>By: Curtis</title>
		<link>http://www.fangraphs.com/blogs/index.php/revisiting-eric-chavez-extension/#comment-76711</link>
		<dc:creator>Curtis</dc:creator>
		<pubDate>Thu, 21 May 2009 22:11:23 +0000</pubDate>
		<guid isPermaLink="false">http://www.fangraphs.com/blogs/?p=5006#comment-76711</guid>
		<description>You&#039;re right. The signs that Chavez would break down before his 30th birthday were everywhere. Epic fail for Beane.</description>
		<content:encoded><![CDATA[<p>You&#8217;re right. The signs that Chavez would break down before his 30th birthday were everywhere. Epic fail for Beane.</p>
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	<item>
		<title>By: elgringo79</title>
		<link>http://www.fangraphs.com/blogs/index.php/revisiting-eric-chavez-extension/#comment-76694</link>
		<dc:creator>elgringo79</dc:creator>
		<pubDate>Thu, 21 May 2009 20:50:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.fangraphs.com/blogs/?p=5006#comment-76694</guid>
		<description>Wally, here are your made up WARs. I quote:

&quot;If Chavez had lost only a half of a win every season since 2006 we would be talking about a career path lke this (extension years only):

2005 4.3 WAR ($3.4 m/win)
2006 3.6 WAR ($3.7 m/win)
2007 3.1 WAR ($4.1 m/win)
2008 2.6 WAR ($4.5 m/win)
2009 2.1 WAR (~$4.7 m/win)&quot;

You don&#039;t get to evaluate signings that way. You just don&#039;t.</description>
		<content:encoded><![CDATA[<p>Wally, here are your made up WARs. I quote:</p>
<p>&#8220;If Chavez had lost only a half of a win every season since 2006 we would be talking about a career path lke this (extension years only):</p>
<p>2005 4.3 WAR ($3.4 m/win)<br />
2006 3.6 WAR ($3.7 m/win)<br />
2007 3.1 WAR ($4.1 m/win)<br />
2008 2.6 WAR ($4.5 m/win)<br />
2009 2.1 WAR (~$4.7 m/win)&#8221;</p>
<p>You don&#8217;t get to evaluate signings that way. You just don&#8217;t.</p>
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	<item>
		<title>By: R.J. Anderson</title>
		<link>http://www.fangraphs.com/blogs/index.php/revisiting-eric-chavez-extension/#comment-76693</link>
		<dc:creator>R.J. Anderson</dc:creator>
		<pubDate>Thu, 21 May 2009 20:46:40 +0000</pubDate>
		<guid isPermaLink="false">http://www.fangraphs.com/blogs/?p=5006#comment-76693</guid>
		<description>Stop being stupid, stop being stupid right now.</description>
		<content:encoded><![CDATA[<p>Stop being stupid, stop being stupid right now.</p>
]]></content:encoded>
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