I agree, but I think it works a little differently. What they fail to do is recognize the damage of the caught stealing. So instead of overvaluing the SB, they undervalue the CS. You never hear about SB%, what you hear is "This guy can steal you 40-50 bases". It's similar to how they talk about pitchers. A 15-16 pitcher means you are "a 15 game winner", while a 10-2 record means you aren't a "15 game winner". Baseball people think in terms of counting stats, and ignore the rates far too often. Yeah, the counting stats are meaningless though, especially when you take the positives only like hits, SBs, wins, and ignoring the negatives like outs, CS, losses. Saying a pitcher has 15 wins like it's a good thing when they also have 16 losses is like saying Ford has 4 billion in revenues while ignoring the fact that the company's expenses were 4.5 billion and they lost half a billion dollars. Calculating value in baseball and business is not much different. If you want to know how valuable something is, you take what you invested, whether it's dollars or at-bats, and see what you got out of those dollars or at-bats. The more output you get out of your inputs, the more valuable an investment, business, or baseball player you have. It confounds me to no end how ignorant the supposedly learned "baseball people" can be. prime example: 2006 Juan Pierre lead the league in hits. He also lead the league in outs made. The result, 200+ hits and a batting average well under .300. 700 AB's for a leadoff hitter is inexcusable