Draft picks versus prospects in trades
A thread over at Sickels' site rates Bill Smith's winter with less homer tendencies than our own thread on the topic.
One aspect of both threads is the debate between trading Santana now for prospects versus hanging onto him for a year and getting draft compensation. USSMariner has an interesting take on this debate relative to Ichiro's pending free agency last year. In it, he shows that history has not been kind to teams who traded players at the deadline for prospects. Teams that waited for draft compensation did better by a pretty wide margin.
Dave has a point. The history suggests that teams do get better value from draft picks than deadline deals. Curiously, he did not take offseason deals, such as the Knoblauch or Pierzinsi trades, into account in his analysis. Had he done so, it swings the percentages closer to acquiring prospects. But still, historically, it is better to wait for draft picks.
Using that as a backdrop, it is remarkable that the Twins have gotten better value with prospects than draft picks almost every time. I would argue that they should have hung onto Castillo for a draft pick. But otherwise, the Twins have bucked the trend and done better than draft compensation. That says a lot about their scouting. They have done better than just about every team in the MLB, save for perhaps Cleveland, at scouting minor league talent for acquisition.
Following is an incomplete list of such trades:
Roberto Kelly/Joe Mays
Dave Hollins/David Ortiz
Chuck Knoblauch/Eric Milton, Cristian Guzman, Brian Buchanon
Rick Aguilera/Kyle Lohse
Hector Corasco/Lew Ford
Brian Buchanon/Jason Bartlett
AJ Pierzinski/Boof Bonser, Francisco Liriano
JC ROmero/Alexi Casilla
Juan Castro/Brandon Roberts
Kyle Lohse/Zach Ward
Luis Castillo/Dustin Martin, Drew Butera
Ramon Ortiz/Matt Macri
Johan Santana/Carlos Gomez, Deolis Guerra, Kevin Mulvey, Phil Humber
Almost every time, the Twins got a regular contributor or more in trade. Often, the guys they traded needed to be dealt sooner rather than later. This suggests that the Twins do a much better job than the rest of baseball at making sure they don't just get warm bodies in exchange, but they get prospects who will help the team down the road.
The point is, for those skeptics who think the Twins didn't get much for Santana, consider their track record. Perhaps these guys aren't rated as highly as we would like. But I trust that the experts running the scouting department for the Twins know what they're doing. They have earned the benefit of the doubt through years of better success than almost all of baseball.
BTW, the Twins have quietly reorganized the scouting department by region. All scouts will have responsibilities for scouting all levels by region, including advanced scouting, minor league scouting and scouting for the draft.
Part of the restructuring includes hiring several new regional scouting directors with a combined 200 years of scouting experience, and adding 10 scouts overall to the payroll. This should make the Twins scouting even better. I'll have more details on the new scouting system in a diary later in the week when I get a better source.
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12 comments
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Revenue Sharing
The Twins definitely have done a nice job of scouting other team's minor league system.
When people question teams about their spending of money from revenue sharing, I don't usually say much. I'm ok with them not spending on major league free agents and such because that rarely works. However, we have talked about putting more dollars into the draft and bigger picture, much more money into scouting. The additions with all the experience would appear to be vital to continued success. Player development and facilities are other areas where I hope some of that money is being spent.
by SethSpeaks on Feb 19, 2008 12:40 PM EST reply actions 0 recs
I agree
I don't think it's a coincidence that the Twins drafted the way they did with their limited budget. I like Revere a lot, but I would have preferred Middlebrooks, all things considered. The Red Sox got him because they were willing to pay.
This year the Twins have a $17 million budget surplus. Hiring a bunch of additional scouts and concentrating them into smaller regions is the first step of what I hope is a multi-step process to attract and sign more and better talent both in the US and abroad, and to upgrade facilities in Venezuela and the Dominican.
by cmathewson on Feb 19, 2008 1:02 PM EST up reply actions 0 recs
Venezuela
by SethSpeaks on Feb 19, 2008 1:51 PM EST up reply actions 0 recs
By the way...
We all lamented the Twins not signing Miguel Cabrera several years ago because they did not have the budget to outbid the Marlins ($1 million), even though he was in he Twins academy. I believe the most we've ever spent is $800,000 on Alex Smit. We've never come close to that in aggregate since.
I doubt the Twins will sign 10 high-profile guys. But they should be able to sign a few guys they had no shot at in past years.
by cmathewson on Feb 19, 2008 4:25 PM EST up reply actions 0 recs
Joe Nathan?
by Adam Peterson on Feb 19, 2008 2:09 PM EST reply actions 0 recs
More about scouting dept changes
http://2007springtraining.blogspot.com/2008/02/twins-announce-scouting-changes.html
by jbohrer on Feb 19, 2008 2:09 PM EST reply actions 0 recs
Thanks
by cmathewson on Feb 19, 2008 4:27 PM EST up reply actions 0 recs
Sickels
by maxisagod on Feb 19, 2008 6:49 PM EST reply actions 0 recs
trades are better than draft picks
by MauerPower07 on Feb 19, 2008 8:35 PM EST reply actions 0 recs
With this team
by rayken on Feb 19, 2008 11:50 PM EST reply actions 0 recs
history
by diehardtwinsfan on Feb 20, 2008 3:45 PM EST reply actions 0 recs
Exactly
You would think the same principle is true of the low-minors professionals you can acquire in trades. The Twins do a better job of scouting them than they do high-school kids because the managers of the MWL and FSL franchises see them several times.
That's why it's surprising that draft choices do better than prospects. You would think it's generally the opposite for the reasons I just stated.
It would be interesting to break down the draft choices received as compensation into high schoolers and college kids, and see which ones made it and which ones didn't. Perhaps if it were college draftees vs low-minors prospects, it would be closer.
by cmathewson on Feb 20, 2008 4:09 PM EST up reply actions 0 recs

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