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The Components of ERA

Updated: February 15, 2012, 2:40 PM ET
By Tristan H. Cockcroft | ESPN.com

Editor's note: This story was originally published in the 2011 ESPN Fantasy Baseball Draft Kit. It is being republished unaltered here for your convenience.

ERA, or earned run average, is one of the most instantly recognizable, frequently cited measures of a pitcher's performance.

The problem: It's also one of the most misleading measures for forecasting future success … and forecasting future success is the name of our game.

Sure, ERA accounts for two of ...

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