Once again, thanks to all for your input! Hopefully this post will clarify some of my reasons for taking the approach I did with my arb/free agency decisions, and I'm going to touch on things like the pinch hitting hierarchy later on when I write about in-season events. Here's the next update:
STEP 2: BUDGET
Setting your budget for the season is probably the most important offseason event. If you don't budget correctly, you can end up with excessive injuries (if training or medical are too low), no progression of your minor leaguers (if coaching is too low), or not enough money to land that player you need (if budget is too low). With the Cincinnati Venus Flytraps, money is incredibly tight. I start the season with 99.2M committed to player payroll already and that is before any free agents have been signed. I also noticed that my minor leagues are pretty barren of players and odds are I will need to sign 10 or more minor leaguers just to fill my rosters. I have the extra problem of about half a dozen minor leaguers starting the season on the disabled list, in all likelihood due to the prior owner not budgeting properly for training and medical.* **EDITOR’S NOTE: For those familiar with HD, this seems like a good place to note that you can approach scouting pretty much the same way in HBD as you do in HD as long as you have $20M in a given category. Less than that, and the process will still be similar, just significantly less reliable.
***EDITOR’S NOTE Pt. TWO: One of the features that the most recent update included was the ability to choose between the previous owner’s budget and the default budget when you take over a new team. I strongly recommend you look at how much you want to spend on your Player Payroll based on the results of Step 1 and then make your decision based on which option (the previous or default budget) is closer to your goal amount. From there, you can adjust other categories up or down as needed to get as close as possible to your goal.
The previous owner had the Player Payroll set to $114M, and I’m expecting the following commitments to player payroll for the upcoming season: $82M current payroll, $5.1M used in arbitration, a max of $7.6M in re-signing free agents, $2M for promotion allowances (this is a standard amount for every season), and $5.6M for prospect salaries (that’s what it costs to have max roster sizes at every level) and I need to sign at least 3 ML free agents. All in all, that’s $102.3M plus whatever it takes to sign the free agents. For this year, my goal is to be a bit lower than $114M but also a bit higher than the $102M I just calculated…I could get there from either the default or previous budget, so I will now move onto other categories to help me decide which one to go with.
As a rebuilding team, the next most aspect of budgeting is going to be prospect acquisition. This requires investment in several categories: the prospect budget is the money that you will use later on for signing bonuses for prospects of all kinds, while the IFA/High School/College budgets help increase the accuracy of the ratings you see for prospects BEFORE they sign. The Advanced Scouting budget helps increase the accuracy of the ratings you see AFTER a prospect signs…but you will notice that many veterans decide to go with $0 in this category. That is because there is a fairly simple way to get a good idea of what their ratings will be before they sign (a high investment in one of the previously mentioned categories) and a more exact way once they’ve been in the fold for a couple of seasons (see the section on evaluation position player in the minors for a refresher.) The moral of the story is that significant investment in one or more of IFA/College/Scouting is sufficient to get an idea of a player’s potential and that investing in Advanced Scouting is a waste of money at the moment.
Typically my strategy is to invest in the IFA market and one or the other of College and HS (but not both.) Looking at the previous owner’s budget, he had $20M invested in high school scouting but $0 in IFA, College and ADV. It’s hard to pass on starting a rebuild with $20M already invested somewhere, so I will keep his budget and work from there. I’m going to keep College and ADV at $0, but I do want a few dollars in the IFA category so I bump that up to $4M. He also only had $8M in the Prospect budget, and with a top 5 pick plus a few supplemental round picks likely coming my way I want a bit more than that to play with, so I bump it up to $12M.
At this point, I’ve gotten most of the categories where I want them (or at least as close as possible.) To put the finishing touches on my budget, I cut back in the coaching category from $13M to $10M and add two of the three million I just freed up to my Medical budget. This tweak brings my Medical up to $12M and puts my Player Payroll at $107M…which is a pretty solid halfway point between the previous mark of $114M and the minimum of $102M that I previously calculated.
One more thing I forgot to mention -- Any minor league players that get any of my top three ratings also get a note added on their player profile stating what level prospect they are. This will allow me to quickly look at the GM Office Roster Management page and know who my prospects are and therefore who needs to get maximum playing time. I can then make certain that these players spend little to no time on inactive lists and stay in the lineup as much as possible without having to go back to my notes constantly. ***EDITOR’S NOTE: The addition of the multi-colored dots on a player card are perfect for marking the three different levels of prospects: green for future ML starters, yellow for borderline/long-shot guys and red for career minor leaguers/complete trash.
TEAM OPTIONS
You can check on "options" status before doing your budget and take that into account. You do have to have enough in the player budget to cover all existing salaries, including the option salaries you intend to decline. But you can decline the options before resigning any of your free agents or doing arbitration. This potentially allows you to cut the player budget right to the necessary minimum knowing you can generate some ca$h by declining the options after the budget is finalized.
Hartford does not have any options this season, but this is always a good thing to remember to check! What the Hornets do have is an ML quality bullpen arm who is currently unassigned…adding him to the roster will create even more financial flexibility because he’s already counted in the current payroll but I did not include him in my Depth Chart. As a result, I only need to sign two free agents in the upcoming offseason.
1/4/2021 4:38 PM (edited)