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For Pitchers: Runs above average. At its simplest, this would be the league runs per inning, times individual innings, minus individual runs allowed. However, we have gone one step beyond that, because being 50 runs above average in 1930, in the Baker Bowl, doesn't have the same win impact as being +50 in the 1968 Astrodome. The league runs per inning need to be adjusted for park and team hitting (and difficulty, for the alltime RAA), and then you can multiply by individual innings and subtract individual runs. Finally, that quantity needs to be win-adjusted. See win-adjustment. For Fielders: Runs above average at this position, similar to Palmer's Fielding Runs as far as interpretation is concerned.
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