The Hot Stove League gets smoking with the recent release from ACTA Sports that finds statistical consultant Doug Decatur exploring the art of the deal in Traded: Inside the Most Lopsided Trades in Baseball History.
Decatur pitches an entertaining 192 pages of utter joy and disastrous heartbreak for fans by utilizing Win Shares, a statistic developed by Bill James to determine how many wins a player contributes to his team. A tricky curve ball is his ranking of the 306 most lopsided trades of the twentieth century. The 1920 sale of Babe Ruth from the Boston Red Sox to New York Yankees for $125,000 ranks second on the list. Pitcher Curt Schilling makes a pair of appearances in the top ten, but there is a personnel decision in 1914 that involved the Cincinnati Reds and the minor league team in Baltimore that could have changed the entire landscape of sports history.
"While this book does not address bad draft pick decisions, players lost in the Rule 5 Draft, or players not protected in the expansion drafts, an exception has to be made for the worst baseball decision of all-time, which was not a bad trade but a bad decision that cost a team 250 wins. That is 49 more wins than the most lopsided trade in history," Decatur writes. "But even James himself would admit that there is more to baseball than just the numbers."
Each franchise has its own section, with the Cleveland Indians ranking first in making the best lopsided deals, while the Chicago White Sox, Minnesota Twins, Philadelphia Phillies and Baltimore Orioles are in the elite grouping. The best trade by Cleveland was in 1960, as outfielder Minnie Minoso, catcher Dick Brown and two others were shipped to the White Sox for first baseman Norm Cash, catcher Johnny Romano and infielder Bubba Phillips.
"The single best trade in Cleveland Indian history was undone just a few days later when the Tribe traded Cash to the Tigers for (third baseman) Steve Demeter," writes Decatur. "Demeter would only play in four major league games after that trade and earn a total of zero Win Shares."
Fans of the New York Mets, Pittsburgh Pirates, Red Sox and Oakland Athletics better make sure a copy of the book gets to those front offices, as the clubs are respectively ranked twenty-seventh to thirtieth. Decatur identifies 13 red flags to look for when evaluating trades that could indicate a lopsided deal is about to take place. There are sections on trading deadline deals, lopsided trades over the past decade and 2009 deals from May 8 to July 31.
"The human stories behind the stats matter just as much, and (the book) delves into some factors that may have contributed to these lopsided deals," Decatur writes.