Smoltz to Close for the Braves?
According to the Atlanta Journal-Constitution, John Smoltz "hopes to be back pitching in 15 to 30 days and said he would consider returning to the closer role." He has to get healthy first, of course, as he's currently on the DL for inflammation in the biceps and the rotator cuff. Also, I'd assume Frank Wren and Bobby Cox would be involved in the decision as well.
Regardless, if the move is made, it could unfold one of two ways for the fantasy world. If he stays a starter, he's going to remain a big injury risk, which limits his value. You'd take a fully healthy, starting John Smoltz over a fully healthy, closing John Smoltz; but how likely is it that Smoltz can be a fully healthy starter for the rest of the season? This second DL stint before the end of April has made me a skeptic. If he takes over the closing role, this would obviously severely diminish Rafael Soriano's value, but he'd still be a valuable MR option. If history tells us anything, Smoltz is much more likely to stay healthy as a closer. Taking the three full seasons in which he closed games, he averaged 75.43 IP with 48 SVs, a 2.47 ERA and a 1.08 WHIP with a 9.66 K/9 and a 5.4 K/BB ratio.
Using some funny math, I took Smoltz's production as a starter thus far and then used past numbers to predict what numbers he'd put up as a closer once he returns (targeting May 21 as a return date). Using BP's projection as a 200 IP starter, his value was $28.69. Using my funny math projection, his value would be $27.33 as a starter-turned-closer. If BP's 200 IP starter projection turned out to be correct, he'll stand to lose $1.36 of value. I don't think he'd meet that 200 IP projection as a starter, especially after two April DL stints.
So, the question is, is it better to have Smoltz as an injury risk starter or a healthy closer? I'll take the second option. Although it's easily to best option to minimize risk, we'll have to wait and see what Smoltz, Wren and Cox decide.