On another thread there's a discussion about pitchers vs. hitters in the context of the shift, and how to account for lower offensive production. Here's my theory.
Given the fact that post-HS baseball values pitchers significantly higher than hitters (literally), many, many potentially great hitters stop hitting and focus exclusively on pitching. Simply put, they follow the money. And as a result, the game has fewer great hitters - and more outstanding pitchers.
What's especially odd is how the laws of supply and demand seem to not matter. Even though proportionally WAY more pitchers are recruited and drafted each year than hitters (high supply), they still get the majority of the scholarship and bonus dollars (high demand).
I know there are some holes in this theory, maybe around the likelihood that a given pitcher will pay off in the long run, but isn't that the case with any recruited or drafted player?
Here's some supporting data:
Pitchers drafted in the MLB first round, last five years
2014 - 20/34
2013 - 15/33
2012 - 13/31
2011 - 19/33
2010 - 15/32
TOTAL: 82/163 (50.3%)
Perfect Game Top 50 Rankings - percent pitchers:
2015 - 54% (27)
2016 - 76% (38)
And here's the kicker: Of these 65 PG top-ranked HS junior and senior pitchers:
17% are pitchers-only (11)
83% play one or more other positions -- and hit (54)
23% list other positions AHEAD OF PITCHER! (15)
If I'm right, the vast majority of these players will lay aside the bat and take the money ... er, mound.