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Marginal Value Above Replacement Player was as introduced in this article. It was updated in this article and this article.
It is set to MORP = $5.0*WARP3 for 2010. Subsequent years can be estimated at about 8% inflation. The benefit of our new MORP formula is that it adjusts for the facts that (1) Draft Picks are part of the cost of Free Agents, (2) Free Agents typically under-perform their projections, and (3) Deals signed before the off-season are part of the labor market.
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