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Drafting Strategies in the Major League Baseball Draft

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dc.contributor.advisor Owens, David M. Carluccio, Charlie 2011-06-13T19:56:55Z 2011-06-13T19:56:55Z 2011
dc.description.abstract This study examines how Major League Baseball (MLB) teams have been selecting players in their First-Year Player Draft. The MLB draft is unique because there is a selection issue with two distinct groups of players (high school and college) to select from. An all-encompassing statistic of benefit, WAR, is used to find any distinction in these groups and there is evidence that MLB teams are not drafting according to which group will benefit their teams the most. This study finds that there is value in drafting college hitters within the first 50 picks more than any other player because they become the most successful players in the Major Leagues. In addition, MLB teams will benefit by selecting high school players more often than college players from picks 100-200 because they have the potential to become stars whereas college players are likely to develop into mediocre players.
dc.description.sponsorship Haverford College. Department of Economics
dc.language.iso eng
dc.subject.lcsh Baseball draft -- United States
dc.subject.lcsh Baseball players -- Rating of -- United States
dc.title Drafting Strategies in the Major League Baseball Draft
dc.type Thesis
dc.rights.access Open Access

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