Fantasy Baseball Insiders

Our 2011 fantasy baseball projections will be released one-by-one until the top 100 players have been revealed. These rankings consider past achievements, current performance and expected future results based on standard 5×5 H2H settings.

Ready to be blown away?

Since 2005, only one major league pitcher (with at least 900 innings) has an ERA lower than that of Roy Halladay. It’s not Johan Santana. Or Roy Oswalt. Or CC Sabathia. Or Felix Hernandez.

Give up?

Over the last six seasons, no qualifying pitcher has an ERA lower than Chris Carpenter’s mark of 2.88. His dominance has come despite missing all but four starts between 2007 and 2008 due to Tommy John surgery, and he’s still posting ridiculous numbers.

But nobody seems to notice.

Carpenter’s current ADP on Mock Draft Central is 95, while Rotowire ranks him 120 overall. The Yahoo! composite rankings have him just outside of the top 100.

Both Matthew Berry and I, however, rank Carpenter inside the top 60.

Why such a high ranking for the 35-year-old starter (he’ll turn 36 in late April).

Despite falling victim to the sub-2.50 curse last season, Carpenter’s ERA (3.22) ranked 23rd among qualifying pitchers, just behind Cliff Lee and CC Sabathia and just ahead of Jon Lester and Tommy Hanson.

Carpenter’s strikeout totals are average, but his walk rate was above 1.90 last year for the first time since his first season as a Cardinal in 2004. This has allowed him to post stellar WHIP totals.

Carpenter’s go-to pitch – his hammer curve – was better than it’s ever been in 2010, clocking in at 12.8 runs above average (fourth best in the majors).

His contact, first strike and swinging strike rates are all right at the league average, but for Carpenter, that has never mattered.

Expect a sixth-consecutive sub-3.50 ERA (minus the two years he missed to injury, of course) from Carpenter in 2011. He’s no longer a sexy pick, but he’s well worth the price.

Image courtesy of: John Thompson

Latest from Fantasy Baseball Insiders:

• Adam Wainwright to Undergo Tommy John Surgery: Updated Pitcher Rankings
• Keeper Conundrum: Bryce Harper or Mike Trout?

Fantasy Baseball Insiders’ 2011 Big Board:

• Top 50 (projections included): Is Pujols Still the Top Pick?
• No. 51: Ubaldo Jimenez
• No. 52: Rickie Weeks
• No. 53: Derek Jeter
• No. 54: Adam Dunn
• No. 55: Justin Morneau
• No. 56: Justin Verlander

MLB Trades: Fantasy Impact:

• Frank Francisco Traded to the Blue Jays, Who Will Be The Team’s Closer?
• Mike Napoli Traded to the Texas Rangers: Fantasy Impact
• Vernon Wells Traded to the Los Angeles Angels: Fantasy Impact
• Adrian Beltre Traded to the Texas Rangers: Fantasy Impact

Previous articles from Fantasy Baseball Insiders:

• Guerrero to Baltimore: Why He’s Better Off in Camden Yards than Rangers Ballpark
• The Sub-2.50 ERA Curse: Why Five Elite Starting Pitchers May Regress in 2011
• 2010 Batting Average on Balls in Play Leaders: What to Expect in 2011?
• 2011 Closer’s Corner: Papelbon, Cordero & Rivera Are the Only Reliable Options