Pittsburgh Pirates

Oliver Perez exploded on to the scene in 2004. While there were certainly those Roto owners who took flyers on him in hopes of him realizing some potential, no one predicted his actual performance (2.99 ERA/1.15 WHIP/239 K).

As a result, OP was either drafted for a near minimum bid last year or plucked from the pool at the default salary of the free agent pool player ($10). As long as he remains healthy, no one will know what he would fetch at a keeper-league auction draft for several years (the typical three-year contract plus a couple/three years of additionals years for long-term contracts.)

Is he worth $30+ that his IP and ratios, along with his age, would merit? Would the inability of his team, the Pittsburgh Pirates, to compete over a 162-game schedule suppress that value based on the likelihood of fewer Ws than a SP of similar aptitude on a more competitive club? (A similar SP would be Jason Schmidt - 3.20 ERA/1.08 WHIP/251 K)

To both questions, the answer is clearly "Yes." Using this, one can safely conclude a team will come out of the draft with OP at full market price but still realize several dollars of value. Oxymoronic, but true nonetheless