A useful statistic for fantasy baseball is VORP, which is value over replacement player. For pitchers, it's a measurement of the number of runs he has prevented from scoring that a replacement-level pitcher would have allowed. It's a complex formula that factors in the league average at each position.
Top 100 pitchers from 2008 with more than 100 innings pitched, based on VORP, courtesy of Baseball Prospectus:
- Cliff Lee, Indians: 76.5
- Johan Santana, Mets: 73.6
- Tim Lincecum, Giants: 72.3
- Roy Halladay, Blue Jays: 70.6
- Jon Lester, Red Sox: 59.6
- Ryan Dempster, Cubs: 58.2
- Cole Hamels, Phillies: 55.5
- Dan Haren, Diamondbacks: 53.7
- John Danks, White Sox: 53.3
- Ervin Santana, Angels: 52.8
- CC Sabathia, Brewers: 51.9 (25.5 with Indians)
- Ben Sheets, Brewers: 51.7
- Daisuke Matsuzaka, Red Sox: 51.4
- Brandon Webb, Diamondbacks: 51.0
- Jake Peavy, Padres: 50.6
- Chad Billingsley, Dodgers: 50.6
- Derek Lowe, Dodgers: 49.0
- Joe Saunders, Angels: 46.6
- Justin Duchscherer, A's: 45.7
- Ricky Nolasco, Marlins: 45.6
- Mike Mussina, Yankees: 45.1
- Zack Greinke, Royals: 44.3
- Scott Baker, Twins: 44.2
- Edinson Volquez, Reds: 43.8
- Roy Oswalt, Astros: 43.3
- James Shields, Rays: 43.3
- Matt Cain, Giants: 43.1
- Felix Hernandez, Mariners: 42.8
- Jeremy Guthrie, Orioles: 41.9
- Paul Maholm, Pirates: 40.8
- Jamie Moyer, Phillies: 39.7
- Mike Pelfrey, Mets: 39.6
- Gil Meche, Royals: 38.9
- Kyle Lohse, Cardinals: 38.4
- Shaun Marcum, Blue Jays: 37.9
- Mark Buehrle, White Sox: 37.2
- Tim Hudson, Braves: 36.8
- Scott Kazmir, Rays: 36.8
- Todd Wellemeyer, Cardinals: 36.3
- Carlos Zambrano, Cubs: 36.1
- Aaron Cook, Rockies: 35.4
- John Lackey, Angels: 35.3
- Ted Lilly, Cubs: 35.3
- Matt Garza, Rays: 35.2
- Josh Beckett, Red Sox: 34.6
- Jesse Litsch, Blue Jays: 34.3
- A.J. Burnett, Blue Jays: 34.1
- Armando Galarraga, Tigers: 33.2
- Joba Chamberlain, Yankees: 32.9
- Jair Jurrjens, Braves: 32.4
- Adam Wainwright, Cardinals: 32.4
- Ubaldo Jimenez, Rockies: 31.6
- Hiroki Kuroda, Dodgers: 30.2
- Tim Wakefield, Red Sox: 29.8
- Gregory Smith, A's: 29.7
- Kevin Slowey, Twins: 28.4
- Gavin Floyd, White Sox: 28.3
- John Lannan, Nationals: 27.2
- Randy Johnson, Diamondbacks: 27.2
- Edwin Jackson, Rays: 26.7
- Jered Weaver, Angels: 26.6
- Dave Bush, Brewers: 25.8
- Ryan Rowland-Smith, Mariners: 25.7
- Jorge Campillo, Braves: 25.7
- Braden Looper, Cardinals: 24.6
- Dana Eveland, A's: 24.6
- Javier Vazquez, White Sox: 23.8
- Nick Blackburn, Twins: 22.0
- Wandy Rodriguez, Astros: 22.0
- Oliver Perez, Mets: 21.5
- Jason Marquis, Cubs: 20.8
- Scott Olsen, Marlins: 20.7
- Andy Pettitte, Yankees: 20.5
- Seth Mcclung, Brewers: 19.7
- Doug Davis, Diamondbacks: 19.4
- Brett Myers, Phillies: 18.4
- John Maine, Mets: 18.3
- Andrew Sonnanstine, Rays: 18.3
- Chris Young, Padres: 17.0
- Zach Miner, Tigers: 17.0
- Clayton Kershaw, Dodgers: 16.5
- Kyle Davies, Royals: 16.4
- Brian Moehler, Astros: 16.2
- Carlos Villanueva, Brewers: 15.5
- Jose Contreras, White Sox: 15.5
- Odalis Perez, Nationals: 15.3
- Aaron Harang, Reds: 14.8
- Paul Byrd, Indians: 14.8
- Glen Perkins, Twins: 14.5
- Chris Sampson, Astros: 14.4
- Manny Parra, Brewers: 14.3
- Greg Maddux, Padres: 13.9
- Bronson Arroyo, Reds: 12.4
- Justin Verlander, Tigers: 12.3
- Jon Garland, Angels: 11.6
- Dustin Mcgowan, Blue Jays: 11.6
- Johnny Cueto, Reds: 11.4
- Jonathan Sanchez, Giants: 10.9
- Vicente Padilla, Rangers: 10.3
- Jarrod Washburn, Mariners: 10.3

