Originally Posted by Mario-Rijo
I suppose I'm just a bonehead but I don't get what you have going on here Doug. I understand what your trying to say but the numbers don't seem to make sense. Could you please enlighten me?
Each player gets paid X amount of money once they reach the majors. What the value is, is the amount of money they were worth over what they were actually paid. For example, Ryan Braun so far in his career. He has made $1.8M as a major leaguer. He has been worth $51.6 over that time, so his surplus value was 51.6-1.8=$49.8.
What Wang did was figure out every player just like that who got these grades/rankings from John Sickels and Baseball America. The numbers shown are what the average person with that player/grade has been worth in a surplus dollar value over their 'controlled' years (typically the first 6 seasons).
I then just ran the grades of those guys and gave each player a value from Wang's research in order to figure out which farm system was 'best'.