Teixeira, Giles deals don’t match up

Let’s look at two players who avoided arbitration today: Rangers’ first baseman Mark Teixeira and Braves’ second baseman Marcus Giles.

These two days were announced within hours of each other. Giles signed a one-year $3.85 million deal with the Braves while MVP candidate Teixeira got a two-year $15.4 million deal from Texas. Over at Baseball Musings, David Pinto opined that Teixeira’s signing suggested that Marcus Giles is underpaid.

While he may not have matched Teixeira’s .301/.379/.575 43-homer season, Giles’ .291/.365/.461 line from the second base position is worth more than half of one year of Teixeira’s deal. Or at least that’s how the argument goes. Let’s look at some other numbers.

For this chart, I’m going to compare Teixeira and Giles across three sabermetric measurements. The first is Win Shares, a Jamesian stat that relates a player’s individual stats to the number of wins he contributed to the team. Three win shares is equal to one win.

The second is VORP or Value Over Replacement Player. VORP is defined thusly: “The number of runs contributed beyond what a replacement-level player at the same position would contribute if given the same percentage of team plate appearances.” A replacement player is the next available option; that means, either the first guy called up to the Majors from AAA or the option the waiver wire.

The third is WARP-3, a Baseball Prospectus stat, that looks at Wins Above Replacement Level. The rational is similar to that of VORP.

Win Shares VORP WARP-3
Marcus Giles 23 48.8 8.1
Mark Teixeira 33 73.1 10.5

What we see first is very little variation across the three statistics. Based on Win Shares, Giles contributed 7.6 wins while Teixeira contributed 11. Based on VORP, Teixeira’s value was approximately 1.5 times that of Giles’. Based on WARP-3, Giles was 8.1 wins better than replacement while Teixeira was just 2.4 wins better than Giles.

So what these numbers show is that David Pinto’s original feeling was correct. These salaries do not match up with the production offered by these two players. Either Teixeira is being overpaid or Giles is being underpaid.

It’s hard to say that Teixeira is underpaid simply because he will be 26 in April and has gotten steadily better each year. He ought to be a perennial contender for the MVP award and has a Gold Glove, for what that’s worth, as well. The Rangers’ doling out $7.7 million a year for his services seems more than reasonable.

Giles on the other hand is certainly underpaid. He’s one of the game’s top second baseman and, at 27, is entering his peak player years. He doesn’t enjoy the same home park benefits that Teixeira enjoys in Texas. Even so, his production is clearly not that inferior to Teixeira’s.

With two players near the top of their respective positions locked up to contracts on the same day, it’s interesting to compare them and wonder what happened. Here’s one solution: Maybe Scott Boras, Teixeira’s agent, is really that much better of an agent that Joe Bick, the man representing Giles. For all the hype and negative publicity surrounding Boras, he really just might be that much better at getting his clients the deals they deserve (and sometimes even the deals they don’t deserve).

Advertisements

5 Responses to “Teixeira, Giles deals don’t match up”


  1. 1 Dave January 18, 2006 at 12:46 pm

    An important thing to remember here is that lineup spots are scarce, so the more you can cram into one, the better off you are. Because of the scarcity, the incremental change in going from a 20 VORP to a 40 VORP player is a lot different than going from a 40 VORP player to a 60 VORP player. This also has to do with the relative scarcities of 60 VORP, 40 VORP, and 20 VORP players. So, yes, Teixeira is getting paid more, but he’s one of very few people in the upper echeleon. That counts for something.

  2. 2 eric January 18, 2006 at 12:52 pm

    Players deserve whatever contracts they get. Scott Boras doesn’t have magic pixy dust that forces Tom Hicks to sign ridiculous contracts.

  3. 3 jer January 18, 2006 at 1:45 pm

    As well, some players just don’t mind taking a bit less than market to stay where they are happy. I think Atlanta is one of those classy organizations that a player would probably like to stay in, as long as they are in the ballpark (hah!) of their percieved value. Unless, of course, you are Rafael Furcal and are looking for the team who throws down the biggest pile of cash on your desk. If you were a player and money didn’t matter, who would you play for: The Dodgers (a mess!), or Atlanta (14 consecutive trips to post-season).

  4. 4 Benjamin Kabak January 18, 2006 at 1:58 pm

    Eric: Scott Boras may, however, have better negotiating skills than Bick. It’s just an idea I’ve tossed out. I’m certainly not married to it.

  5. 5 Freddy Toliver January 18, 2006 at 2:07 pm

    I think there are a few aspects to each player, contract, and team that you haven’t mentioned that might explain the difference in contracts.

    1) Teixiera is more important to his team as a superstar and keystone player than is Giles. Teixiera is the face of the Rangers, while Giles is, to most fans at least, not close to being the best player on his team or the most marketable commodity.

    2) Teixiera is a power hitter while Giles is an all-around type hitter. Players like Giles always get lesser contracts compared to players that do one thing really really well, whether it is power or speed. As an example, look at Soriano’s numbers – He’s similar to Giles and I bet his WS, VORP, & WARP3 are somewhere between Giles & Teixiera. He was paid almost as much in 2005 as Teixiera will get in 2006. It’s not right, but it is real.

    3) Giles has a very bad injury history. He missed 3 months in his 2nd season, then two more months in his 4th season. I think this might contribute to getting a lesser contract.

    4) Maybe the teams are revealing something about their plans with Teixiera and Giles with these contracts. Teixiera is obviously the key player on the Rangers and they want to continue that. Giles might be viewed now as a one-year player and the Braves will take their chances with his free agency or even plan to let him leave via FA if prospects like Betemit or Hernandez can replace him.


Comments are currently closed.



RSS River Ave. Blues

  • Rays 2, Yankees 1: A forgettable loss if there ever was one June 23, 2018
    Ugh, I hate that the Yankees only win most games and not all games. The Yanks dropped a completely forgettable series opener to the Rays on Friday night. Giancarlo Stanton made a great catch and … that’s it? Nothing else of note happened. The final score was 2-1. Sabathia Bends, Breaks Only A Little Pretty […] The post Rays 2, Yankees 1: A forgettable loss i […]
    Mike Axisa
  • DotF: Clarke Schmidt debuts following Tommy John surgery June 23, 2018
    MLB.com posted their midseason top 100 prospects list today. Three Yankees made it: OF Estevan Florial (No. 39), LHP Justus Sheffield (No. 42), and RHP Albert Abreu (No. 65). 2B Gleyber Torres and 3B Miguel Andujar are no longer prospect eligible while RHP Chance Adams, who was No. 66 before the season, has dropped out […] The post DotF: Clarke Schmidt debut […]
    Mike Axisa
  • Game 73: A Trip to the Trop June 22, 2018
    The season is nearly halfway complete, and the Yankees are just now making their first trip to Tropicana Field. Very weird schedule this year. I’m not complaining. The Trop stinks. Just pointing out the schedule is weird. First of three in St. Pete tonight. As for the Yankees, my goodness they are red hot right […] The post Game 73: A Trip to the Trop appear […]
    Mike Axisa
  • 6/22 to 6/24 Series Preview: Tampa Bay Rays June 22, 2018
    For the first time this season, the Yankees will play in Tropicana Field. They’re in Tampa for three games this weekend. The Last Time They Met It seems like just yesterday that the Yankees hosted the Rays, but that’s not quite true; in fact, it was last week. The Rays visited the Bronx last weekend, […] The post 6/22 to 6/24 Series Preview: Tampa Bay Rays a […]
    Domenic Lanza
  • Yankeemetrics: Bomber Brooms, Seattle Sweep (June 19-21) June 22, 2018
    Domingo+Dingers=Win After a quick trip to the nation’s capital, the Yankees were back at the friendly confines on Tuesday night and opened their series with an easy 7-2 win over the Mariners. Domingo German was absolutely brilliant in his eighth career start. After giving up a run (unearned) in the first inning, he retired 19(!) […] The post Yankeemetrics: B […]
    Katie Sharp
  • Mailbag: Torres, Adams, Loaisiga, Gardner, Drury, Judge, Bundy June 22, 2018
    There are ten questions in this week’s mailbag. RABmailbag (at) gmail (dot) com is the mailbag email address, so send your questions there each week. Ryan asks: Any explanation for the power Torres is showing in the majors? I think I read he had only 24 homers in like 1,500 at bats in the minors. […] The post Mailbag: Torres, Adams, Loaisiga, Gardner, Drury, […]
    Mike Axisa
  • DotF: Wagner goes deep yet again in Tampa’s win June 22, 2018
    Triple-A Scranton/Wilkes-Barre RailRiders (3-1 win over Lehigh Valley) SS Tyler Wade: 1-4, 1 2B, 1 SB — 24-for-73 (.329) with five doubles, a triple, and two homers in his last 17 games … that looks a lot more like pre-2018 Tyler Wade 1B Brandon Drury: 1-4, 1 2B, 2 RBI, 1 K — second start […] The post DotF: Wagner goes deep yet again in Tampa’s win appeared […]
    Mike Axisa
  • Thursday Night Open Thread June 21, 2018
    ?Good game today, great series this week. The Yankees finished the three-game sweep of the Mariners this afternoon and they are now 28 games — 28 games! — over .500 on June 21st. Feels awesome. The 2018 Yankees are not perfect, far from it, but damn, is this team good or what? Great team and […] The post Thursday Night Open Thread appeared first on River Ave […]
    Mike Axisa
  • Yankees 4, Mariners 3: A Seattle Sweep June 21, 2018
    What started as a laugher ended as a bit of a nail-biter. But, a win is a win. The Yankees completed the three-game sweep of the Mariners on Thursday afternoon to pick up their 50th win of the season. Fifty wins in 72 games. Last year the 50th win came in the 95th game. Smell […] The post Yankees 4, Mariners 3: A Seattle Sweep appeared first on River Avenue […]
    Mike Axisa
  • Gleyber Torres says he’s going to pass on the Home Run Derby June 21, 2018
    According to Ken Davidoff, Gleyber Torres said he will pass on participating in the Home Run Derby next month. It’s unknown whether MLB has invited him, but it doesn’t matter now. Torres will pass. “I’m not a home-run hitter. I’m a contact hitter,” he said. Gleyber may not seem like the Home Run Derby type, […] The post Gleyber Torres says he’s going to pass […]
    Mike Axisa

Blog Stats

  • 62,703 hits
Advertisements

%d bloggers like this: