Grantland: Part 1 of Jonah Keri ranking the 50 best players in terms of trade value. No Dodgers here yet, but Carlos Santana finds a spot at #43.

The other two catcher rankings are the ones likely to elicit the most hate mail. In the first draft of this list, I had Santana considerably higher. Twenty-six-year-old switch-hitting catcher, career .806 OPS, signed for peanuts at four years, $18 million with an affordable $12 million option that would keep him in-house through 2017. By any objective standard, that would seem to make him a monumental bargain. Except the Lords of the Realm might not agree. There are the obvious concerns, such as Santana’s subpar defense, which (along with a semi-platoon designed to get him more at-bats) contributed to his playing 66 games at first base in 2011, with 21 at first and 27 at DH in 2012. Then there’s baseball’s continuing bias against low-average, high-walk hitters, even when we thought that was all behind us. The early buzz around Nick Swisher suggests he’ll be disappointed in his free-agent haul, while the cash-stuffed Rangers thought so little of Mike Napoli’s three-true-outcomes offense that they didn’t even make him a qualifying offer this offseason, meaning they think a one-year deal for a shade over $13 million is an overpay. If the Jered Weaver ranking constitutes ignoring the herd, consider the Santana ranking a case of acknowledging it.

Given how he’s perceived publicly, quite frankly I was surprised he made it onto the list at all.

Grantland: Part 2 of Jonah Keri ranking the 50 best players in terms of trade value. Matt Kemp checks in at #22.

Tulo and Kemp are franchise players…

OK, there are theoretically some scenarios that could see one of these guys traded:

C. The Dodgers decide they don’t feel like running $250 million payrolls anymore and stage an everything-must-go sale.

That’s about it, really.

Clayton Kershaw comes in at #13.

Practically speaking, there’s no way that Kershaw or Verlander will get traded, not even with both two years away from free agency. The Dodgers have shown they’ll throw ungodly amounts of money at slightly above-average players, let alone all-world pitchers, so Kershaw’s staying.

Yeah, at this point, it’s just a matter of whether or not he’ll get the richest contract for a pitcher in MLB history.

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FanGraphs: Speaking of money … Wendy Thurm takes a look at every television rights contract in the MLB.

I … uh … can see why some teams might be a bit upset.

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FanGraphs: As the power game has decreased, the running game has become more important. Seems to make complete sense, not be counter-intuitive.

The relationship is clear: the league took a year to catch up, but as run production goes down, stolen bases go up (For the record, the coefficient of determination between OPS and SBA/SBO is 0.78.).

It might seem counter-intuitive — the more run scoring drops, the more we hear about the sanctity of the out. Each of the 27 is hugely valuable, yes, but as run scoring drops each plate appearance is also more likely to produce an out.

The league on-base percentage has fallen from .336 in 2007 to .319 in 2012, and therefore the marginal out — the out risked by the stolen base — is less valuable. That’s why the “runCS” value in the Guts section — the cost in runs of a caught stealing — has lessened from minus-.433 in 2007 to minus-.398 in 2012.

Put another way, the stolen base becomes a less risky proposition because there is less to lose. The hitter at the plate is now less likely to get on base or hit a run-scoring extra base hit, and the chances of two hitters singling in an inning to knock a runner home drops in a compound fashion. Conversely, making the hitter’s job easier becomes more valuable now that the “wait for a three-run homer” strategy isn’t as viable.

The break-even rate on steals has fallen from 68 percent to 66 percent, down from 70 percent at the height of the steroids era in 2000. A player that stole 75 bases and was caught 25 times would have gained 4.2 runs of value in 2007. In 2012, that number rises to 5.1, and the player likely would have been running 10-20 percent more often; a routinely successful basestealer’s value in the running game therefore increases by some 30-40 percent.

It’s a great article, primarily because it shows that the break-even point for stealing success has fallen all the way down to 66%. Best to remember that during the season.

Wouldn’t it be nice if Dee Gordon could get on base enough to use his speed in this new environment?

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Yahoo! Sports: Jeff Passan has the story about how the MLB wants to ditch the posting system.

Major League Baseball and Nippon Professional Baseball are discussing significant changes to the posting system that brings players from Japan to the major leagues, sources told Yahoo! Sports.

While the talks haven’t moved beyond cursory stages, MLB is pushing NPB for a system in which teams no longer would bid blindly for the right to negotiate with a player but rather would participate in a traditional, open auction, the sources said.

Such a format likely would lessen the amount of money funneled toward the Japanese team that posts the player. In the cases of Yu Darvish and Daisuke Matsuzaka, their NPB teams received more than a $50 million windfall, a huge boon for a league with manifold financial struggles.

MLB and the players’ union agree they’d prefer to see a larger percentage of the money spent on high-end imports go to the player, the sources said.

Here … we … go.

Why the dramatics? Because this could be the start of a conflict between the leagues, as the NPB were the ones who wanted to change their rules in regards to their high school players going to the MLB in the aftermath of Shohei Otani‘s announcement. But now the MLB is requesting that they concede to them on posting fees. They are different issues, but they’re going to butt heads at some point in the near future it seems.

The posting fees are the far more significant deal though, IMO. Last I checked, and I admittedly don’t check regularly, I think only the Yomiuri Giants and a couple other teams in the NPB operate in the black. Everybody else is in the red for one reason or another, so these gigantic fees they get by selling off their elite players to the MLB helps the team — and the company that owns them — immensely. As such, I can’t see them going down without a fight.

Maybe there’s a happy medium here though, where a reasonable auction-type situation gets implemented with the NPB team getting to set a reserve price, and where the MLB concedes a bit of ground to the NPB on the signing of Japan’s amateur players so that Japanese fans get to watch their best young talent for at least half a decade or so.

Either way, it seems that something is going to change in regards to the relationship between the two leagues, and it’ll probably happen sooner rather than later.

The big news out of Japan today is that the Nippon Ham Fighters have decided to select Shohei Otani with their first-round pick in tomorrow’s NPB Draft, according to Sanspo.

Ever since I tweeted out that information, I’ve been getting a bunch of questions, so I thought I should make a post dedicated to answering them as best I could.

Does the NPB Draft work like the MLB Draft?

No.

The first round of the NPB Draft is a lottery system, where every team submits who they want to take. If you’re the only team that selects a player, then you are awarded his rights. However, if multiple teams select the same player, then there’s a random draw for that player’s services. The system repeats until every team has a player.

So it would be like if all 30 MLB teams decided they wanted Bryce Harper in the first round, then the way it’s determined who gets him is based on the luck of the draw. Literally.

After the first round, it’s a standard snake-format draft.

Why is it surprising that the Nippon Ham Fighters want to draft him?

It’s surprising because he already announced his intention to go overseas. An unsigned pick wouldn’t be a gigantic deal in America due to our compensation system (Mark Appel/Pirates), but in Japan it is because if you don’t sign your pick then the pick is gone forever.

To make matters worse, Nippon Ham already lost their first-round pick from last year, Tomoyuki Sugano, as he refused to sign due to his desire to play under his uncle with the Yomiuri Giants.

Needless to say, Nippon Ham fans aren’t very happy about the risk associated with this, at least judging by a small sample of reactions I found on Twitter.

So why does this complicate things for the Dodgers, Red Sox, and Rangers, the three main teams he’s rumored to be considering?

Unless the MLB and the teams involved really want a mess on their hands, they will not be able to interfere with the exclusive rights granted to the NPB team that drafts Otani until the period of negotiation ends on March 31st. As such, he’ll miss spring ball for 2013 if he’s taken.

So hypothetically speaking, that drags the saga out but it’s just an inconvenience … right? Well, in my opinion, the real risk with him being drafted is that he could be tempted to stay in Japan given time to talk it through with the team that selects him. He is, after all, only a teenager, and there are a lot of reasons besides baseball to want to stay in Japan.

Social and cultural reasons aside, Sponichi makes the case that he would be guaranteed more money by staying in Japan. While the signing bonus from an NPB team would presumably fall short of any MLB offer by a million dollars or so, he could still get a 100 million yen ($1 million) bonus in Japan and he’ll immediately be under NPB contract. On the other hand, in the MLB system, after the bonus money, he would be subjected to the standard paltry pay of a minor-leaguer. Of course, this would be rendered moot by any MLB team willing to accept the penalties in place for exceeding the cap, but I’m not so sure teams would be willing to do so.

Overall, it’s just concerning because it’s easy to say you’re going to do something, but when the easy route is laid out in front of somebody (much less a teenager), with millions of dollars at stake, and a ton of pressure, nobody could blame him for simply taking what might be a record deal given to him by whoever drafts him.

Also of note is that he’ll be banned from the NPB for three years under the “Tazawa Rule” (named after Junichi Tazawa of the Red Sox) if he chooses to go overseas, but I doubt that comes into play.

Who is going to sign him?

I sort of addressed this already, but it’s basically down to the Dodgers, Rangers, and Red Sox, according to him. Others are interested but he’s focusing on those three.

The Japanese media believe the Dodgers are in front because they’ve been in contact with him the longest. While that does mean something, a ton can change, obviously.

How does the NPB feel about Shohei Otani jumping to the MLB?

As I explained in a previous post, this is a trailblazing path for Otani, and the NPB is concerned about the precedent he might set.

Articles from Nikkan Sports and Spoinichi show a range of reactions from teams that basically can be summarized to say that the NPB needs to look at revising the rules.

Most notably to me, via Daily Sports, the President of the Hanshin Tigers complains that while NPB scouts are restricted in terms of contact and meetings with players, international scouts are not, thus putting NPB teams at a disadvantage for their own players.

I want Cliffs Notes!

If he doesn’t get drafted, negotiations can start tomorrow.

If selected in the NPB Draft, he could be tempted to stay in Japan due to monetary, cultural, and family issues, and even if he does follow through on his overseas ambitions, negotiations with him wouldn’t be able to start until April 1st. As such, it doesn’t appear that this saga will be over for at least another 6-7 months or so.

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Since the Dodgers are in the running for his services and he’d definitely be a top prospect in the system if signed, I’ll keep everybody updated on his situation as best I can.