In the first two parts of this series, I explained my new approach to contract valuations and whether MORP should be linear with respect to WARP. Basically, this entailed asking the question of whether Matt Holliday, perhaps a six-win player, could be just as easily replaced by signing two three-win players or three two-win players. The issue is roster space and playing time. The alternative argument to doing MORP linearly is that a team can sign Holliday and concentrate all six of those wins on one spot of the diamond, and then they could improve themselves more by filling their other openings with decent players as well.
Baseball Prospectus
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