Monday, March 17, 2008

Looking Ahead to 2008 - Ian Kennedy

Ian Kennedy was the Yankees' first pick in the 2006 draft. Highly touted after his sophomore year he struggled in his junior year

which made his stock drop which was probably the main reason he fell to the Yanks at all. He did not sign in time to see much regular minor league action in 2006 but was able to pitch in the Hawaiian winter league. Kennedy tore through the minors in 2007 and made it to the show.



2007

On the surface, Kennedy's 1.87 minor league ERA is pretty damn impressive. However, to properly contextualize it we should look at his MLEs (major league equivalencies).

Name Age Team G GS IP H ER HR BB SO ERA H/9 HR/9 BB/9 K/9
Ian Kennedy 21 STI 1 1 2.0 2 0 0 2 1 0.00 9.0 0.0 9.0 4.5
Ian Kennedy 22 Tam 11 10 57.0 52 23 6 26 46 3.63 8.2 0.9 4.1 7.3
Ian Kennedy 22 Tre 9 9 44.0 40 22 5 19 37 4.50 8.2 1.0 3.9 7.6
Ian Kennedy 22 SWB 6 6 33.0 31 14 4 11 25 3.82 8.5 1.1 3.0 6.8
Total

26 25 134 123 59 15 56 108 3.96 8.3 1.0 3.8 7.3

He finished his season off with three effective starts in the bigs.

Kennedy wasn't projected coming into 2007 so we can't really compare what he actually did to what he was projected to do, but I think it's safe to say he exceeded expectations.



2008

Fairly or not, the knock on Kennedy is his ceiling. Since he doesn't throw in the mid 90s he's not expected to be much better than a third starter. I'd say it's too early to definitively make that assessment, but I don't disagree that physically the label fits. Still, there's nothing wrong with having a third starter making league minimum plus his signing bonus. Here's how the various projection systems see Kennedy in 2008.
Projection G GS IP H R ER HR BB SO ERA FIP RSAA RSAR FRSAA FRSAR
chone 19 18 92 92 50 46 11 44 82 4.50 4.41 0 9 -1 7
marcel 17 17 69 66 34 30 7 26 53 3.91 4.11 4 11 2 8
pecota 38 25 141 129 72 66 16 68 120 4.24 4.42 4 18 -1 11
zips 27 26 148 158 79 72 16 42 94 4.38 4.19 2 16 3 15
cairo 32 32 184 188 96 92 24 68 136 4.50 4.53 -1 18 -4 12
average 27 23 127 127 66 61 15 50 97 4.35 4.36 2 14 0 11



The consensus is that Kennedy should be better than league average. His projected innings are low, he threw around 160 innings last year. He can probably pitch 180 or so if he stays healthy, so that would up his RSAA(runs saved above average) to about 8 and his RSAR(runs saved above replacement) to about 25. I'd caution that we only have one year of data when we are projecting Kennedy which means the reliability of his projection is probably pretty small.



Here's the range of projections that CAIRO has for IPK:
CAIRO % G GS IP H R ER HR BB SO ERA FIP RSAA RSAR FRSAA FRSAR
80% 32 32 184 174 86 82 19 60 148 4.03 3.92 9 27 9 25
65% 32 32 184 181 91 87 22 64 142 4.27 4.22 4 22 3 18
Baseline 32 32 184 188 96 92 24 68 136 4.50 4.53 -1 18 -4 12
35% 32 32 184 195 101 97 26 72 130 4.73 4.83 -5 13 -10 6
20% 32 32 184 202 106 102 29 76 124 4.97 5.13 -10 8 -16 0



CAIRO doesn't see greatness from Kennedy in 2008, but it doesn't see disaster either.



Value

Rookie pitcher who projects to be better than league average? I smell cost-effiency.
Proj WAR Proj Value Salary Difference
2.6 $11,700,000 $400,000 $11,300,000




Conclusion

The young Mussina comp doesn't really work with Kennedy. Young Moose threw 92-95 mph. I see Kennedy more as a Brad Radke type pitcher right now, with an average fastball and a great changeup. Radke had two very good seasons and a bunch of above average seasons, and I think that right now that's the way I'd see Kennedy profiling. Of course, Kennedy could exceed that. Regardless, for 2008 I have a good feeling that Kennedy will be solid in the back of the Yankee rotation, and will probably end up pitching the most innings of any non-Wang/Pettitte starter.



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