With the month of April coming to a close, we will be down to 5 months of regular season baseball. This is also a time of the year where a lot of people are starting to completely buy into player’s statistics, so in that vein, I’m going to take a look at starting pitchers to see who should be targeted in fantasy baseball leagues and who should be shopped.

Methodology

I’m only looking at pitchers with enough innings to qualify for the ERA title at this point, using the data available at FanGraphs. For the target list, I’m going to list all pitchers with a Fielding Independent Pitching (FIP) of less than 4 and a better FIP than ERA. For the shop list, I’m going to list all pitchers with an ERA of less than 3 and a worse FIP than ERA. The idea is that a pitcher’s ERA will more than likely move back towards his FIP as the season progresses.

Pitchers to Target

I'm sorry about the width of this table. I followed the same procedure as the one below, but for some reason, this one's width won't reduce to the proper size. If you scroll over to the last column of the table, you’ll see just how much each pitcher has underperformed his underlying peripherals. From the rest of the guys in the table, Javier Vazquez and Ian Snell stand out.

Coming off a 15-win season with a 3.74 ERA, Vazquez had problems in his first and fifth starts. In his first start, he only went 5 innings, giving up 4 ER with 6 K. In his last start, he went 5.1 innings, giving up 6 ER with 3 K. The two bad games came against the Yankees and Indians. In between his bad outings, he threw 20.1 innings with a 2.21 ERA, 3 wins, and 21 strikeouts. However, he’s not going to have a 2.32 ERA the rest of the way either. For a guy that has averaged 26 HR allowed in Chicago, Vazquez has yet to give up a HR in 2008. That’s not going to continue, and although he should continue to rack up the strikeouts, his ERA probably won’t fall much lower than its current level, so I wouldn’t consider him a must-target pitcher.

Similarly, Snell has also not been giving up the home runs so far this year. Snell gave up one to Brian McCann on Opening Day but hasn’t since. He doesn’t have any bad outings like Vazquez, but he also only has one good outing. On April 6, Snell struck out 10 Marlins while only giving up 1 ER over 6 innings. Also similar to Vazquez, I wouldn’t call Snell a must-target pitcher. He will probably lower his ERA a little bit, but he’ll pretty much stay on his current pace.

Instead of looking to acquire one of the big-name pitchers from the list, I’d look to pick up some of these guys as free agents (if possible). Depending on your league setup, Nick Blackburn, #### Bonser, Clay Buchholz, Jonathan Sanchez, and Jair Jurrjens might be available, but I wouldn’t count on it.

Pitchers to Shop

After failing to find any quality pitchers to target, let’s see if there are any pitchers you should be looking to trade away while their value is at its peak.

This list is considerably longer, but it also includes guys I’d be much more willing to make a move on than the previous list. Several of these guys are the type you’ll want to hold onto unless you are offered more than full value for (such as Peavy, Webb, etc.), so I’ll just pick out a few guys that I think should be offered to the gullible owner in your league.

Scott Olsen has only given up one run in his last three starts while going 7+ innings each time. After a closer look, you start to wonder how it’s being done. In the first game of the streak, he struck out three Braves, gave up 5 hits, and walked no one. In the second game, he struck out three Nationals, gave up 3 hits, including a HR to Hanley Ramirez, and walked 2. In his last outing, he struck out zero, gave up 4 hits, and walked 5. It is a rare outing where you walk 5 guys and give up no runs. In those three outings, he walked one more than he struck out (6). That’s not a good sign for the future, and now is a good time to cash out.

Like Olsen, Shawn Chacon has walked as many guys as he’s struck out this season. He is also coming off an outing where he got lucky. In 7 innings against the Cardinals, Chacon struck out 3, walked 6, and allowed 5 hits. That amounted to 2 runs, 1 earned. In addition to his inability to keep guys off the bases via the walk, Chacon has a lengthy track record of not being that good. If you can get somebody to buy high on Chacon, give yourself a pat on the back.

Unlike Olsen and Chacon, Carlos Silva has never been one to walk too many guys in a season. In his best season, he walked 9 guys in 188.1 IP. However, he has also never struck out more than 89 guys in one season. When you rely on your defense as much as Silva does, it’s hard to post a sub-4.00 ERA. For that reason, you can expect Silva’s ERA to jump up as the season progresses. When you combine that with the fact that Silva won’t be helping you in the K category anytime soon, you’ll want to look to put this guy on someone else’s roster before reality sets in.

If you drafted Cliff Lee, congratulations, you’ve gotten a four-game start to the season that is far beyond any reasonable expectations for any starting pitcher (Johan Santana included). The good news is that his peripherals are outstanding (29:2 K/BB ratio), but there’s nothing in his track record that suggests he’ll end up with a sub-3.50 ERA. Lee’s season statistics will definitely command interest on the trade market, and although you won’t get full value for those statistics, you should get considerably more in trade than you can expect from Lee the rest of the way.

Ryan Dempster returned to the starting rotation for the first time in 5 years, and although he could pitch as well as Braden Looper did last year, I wouldn’t expect it. In his last two years as a starter (2002 and 2003), Dempster had ERAs of 5.38 and 6.54. Over the last two years, he racked up 52 saves, but also blew 12 (81% save rate) while posting a 4.76 ERA. Dempster could put a good season as a starter, but I don’t think it will happen and neither should you. Convince someone that he’s back to his Marlin ways and get what you can.

I hope you guys enjoyed this look at pitchers to target and pitchers to shop article. Over the next few months, I’ll probably post once a week, but I’m a little short on ideas. Last year, when I was writing the “Another One Bites the Dust” series, I planned to do that again this year with one per week, which would mean it would start next weekend. I have several reasons why I shouldn’t, but I’d like to hear what you think. If you have any thoughts on what you’d like me to write, put it in the comments and I’ll do my best to oblige. I don’t say this enough, but I truly appreciate all the feedback you give me.

Heading into the season, Baseball Prospectus's PECOTA system projected the White Sox to have a 72-90 season, which made Paul Konerko jokingly say, "Well, we're screwed now. I guess we'll just have to battle through." Since the White Sox are now on pace to finish with 69 wins, it looks like this joke has become reality. On the south side of Chicago, their chances of making the playoffs haven't technically ended, but their statistical chances over a million simulations ended back on August 27, according to BP's Postseason Odds Report.

The Good

Not a whole lot here. Despite experiencing a drop-off in his strikeout rate, Bobby Jenks has significantly cut down on his walks and home runs allowed, and he even tied a record streak of retiring 41 consecutive batters. It could even be argued that Jenks deserves the record outright, since the first batter he faced in the streak grounded into a double play. In the rotation, Mark Buehrle's HR problem from 2006 has disappeared, and Javier Vazquez has figured out how to throw more than 75 pitches successfully during a start (his ERA after 75 pitches last year was 7.97, and this year a much better 3.18). After a mediocre 2006 with the Philadelphia AA affiliate Reading (4.66 ERA), he was much better at White Sox AA affiliate Birmingham this year with a 3.18 ERA. (Edit: This last sentence was about Gio Gonzalez.)

The Bad

Jermaine Dye followed up a career year with a resounding thud as he fell back to earth, hitting .252/.317/.491 after a .315/.385/.622 2006. Joe Crede followed suit as he "hit" .216/.258/.317 before having season-ending back surgery in June. You know, for a team that performed horribly after having high expectations coming into the year, they didn't have too many guys perform extraordinarily worse than could have been expected.

Looking to the Future

Heading into 2008, the White Sox need to stop sacrificing valuable offense in left and center field. They have started to play Fields in left field lately, which could signify that they plan on playing him there full-time next year. If he can begin to figure out major league pitching, that will be an upgrade over what they've gotten from the position this year. That also suggests that they plan on offering Crede arbitration. If his back is healthy, he should return to at least 2005 levels (the 30 HR from 2006 might be too much to expect). That would leave center field as the main free agent target, which lines up with quite a bit of talent (Aaron Rowand, Torii Hunter, Andruw Jones) that will be available this winter.

All told, it might not matter if they get one of the FA CF because quite a few of their stars are getting old. Jim Thome, Paul Konerko, and Dye have already started to decline, and they shouldn't be expected to produce as they once did. Once they get past the next couple years, this team could be in very bad shape. They just don't have the young talent to sustain their recent run of success. Hey, at least they got a World Series ring out of it. A lot of teams aren't that fortunate.