This article is part of our Regan's Rumblings series.
Anyone else sick of billionaires and millionaires haggling over financial issues that continue to threaten the viability of ANY baseball in 2020?
I know I am.
Players have already agreed to prorated salaries, meaning basically that if they were due $1 million for 162 games, they would get about half of that for 82 games. Seems reasonable, no? To the owners facing putting on a product without fans, they don't feel that 2020 revenues will support paying that level of salaries, hence the proposal to share revenues 50/50. I sort of get that as well, but considering the players aren't billionaires and that they've already agreed to proration, it's the owners' turn to step up and give us the game we love. In looking into the latest proposal, the highest earners are proposed to get the largest cuts. For example, Gerrit Cole's $36 million full-season salary would not just be prorated to around $18 million for a half-season, but further cut to "just" $8 million, a 78 percent total cut instead of 50 percent. Okay, it's still $8 million (I'd take that), but when the owners are multibillionaires, I can see the players' side.
Anyway, on to this week's topic. I wanted to dive into some undervalued pitchers this week, and in trying to come up with such a list, I'm focusing on a couple of my favorite metrics:
ERA vs. FIP – Which pitchers' underlying metrics give us confidence that they can improve significantly on their prior-year