Since we are so close to spring training, this list shouldn't change much unless an injury, trade, or an expected playing time adjustment occurs. Here is my updated list of the top fantasy baseball starting pitchers for 2012.

(I may reference some sabermetric statistics in this article, for more clarification on what these statistics mean, you may want to take a look at my Sabermetric Principles article)

1. Roy Halladay: Halladay is simply the most consistent pitcher in fantasy baseball. There might be one or two pitchers who finish above him each year, but he is consistently in the top five among starting pitchers. All of Halladay's underlying stats are encouraging. His 2.35 ERA should probably be a little bit higher in 2012, as his career low 5% HR/FB rate should rise some (not much). He did post an 8.5 K/9 rate last season, the highest of his career, and there is absolutely nothing in his numbers that suggest a decline in skills in 2012. Halladay is the safest pitcher in baseball, bid confidently.

2. Justin Verlander: Verlander was the best fantasy pitcher in 2011, but some of his value was generated by good fortune. His 24 wins was a lot of what separated him from the rest last year, don't expect anything more than 20 wins in 2012. More reasons he will regress: his 80% strand rate is very high and will probably fall towards his 73% career strand rate; his hit rate against was .236 on balls in play (career .285). Expect those two numbers to correct, normalizing his numbers in 2012. Don't overpay for his 2011 win total and good fortune. Regardless Verlander should at worst be the third pitcher off the board in 2012 drafts.

3. Clayton Kershaw: Kershaw had an amazing 2011, posting a 2.28 ERA and 0.98 WHIP, while striking out 248 batters in 233.1 innings. Much of his success was due to his 2.1 BB/9 rate, cut down from 3.6 in 2010 and his peripherals do not show that he was very lucky at all in 2011. His huge gain in control will be difficult to sustain, so expect his walk rate to rise a bit, but his skills are trending upward, and he will be just 24 on opening day, so there is still room for growth. Don't be shocked if he heads into 2013 as fantasy baseball's top pitcher.

4. Cliff Lee: Lee had his best season yet in 2011, producing a 2.40 ERA, 1.03 WHIP, and 238 strikeouts. He increased his strikeout rate from 7.8 K/9 in 2010 to 9.2 in 2011, his first full season in the national league. I do think his strikeout rate will decline some as national league hitters get a better look at him. His 81% strand rate is also another hint towards regression. He shouldn't reproduce his 2011 numbers, but is still worthy of being one of the top-5 pitchers off the board in 2012.

5. C.C. Sabathia: Sabathia was again, very good in 2011, generating his best K/9 and BB/9 rates since joining the Yankees, and his 3.00 ERA was also a personal best in New York. He did give up a high 23% line drive rate contributing to a .318 hit rate, but that should normalize in 2012. Sabathia is very consistent and supported by a strong Yankee lineup. While he is clearly behind the top-4, he should still be a solid fantasy ace.

6. Felix Hernandez: Hernandez's surface stats make it appear that he had a down year in 2011, but his skills appear to be in line with his past couple of dominant years -- which were fueled by luck. His strand rate and hit rate were probably a little unlucky, so he should be better in 2012. His walk rate has stabilized, but his strikeout rate has increased in each of the past four years indicating potential strikeout upside. Hernandez is one of the best pitchers in baseball, but gets a slight downgrade for his lack of run support in Seattle.

7. Dan Haren: Haren is one of the most reliable pitchers in baseball, with seven straight seasons of over 215 innings pitched, he is one of the safest pitchers in fantasy baseball as well. His strikeout rate took a hit for the second straight year, but his walk rate of 1.3 BB/9 was the best of his career offsetting the K/9 decline. Haren is a number-one fantasy starter who is often treated as a number-two. If he falls in your draft in 2012, don't be shy about taking him.

8. Cole Hamels: Hamels put together a 2.79 ERA, 0.99 WHIP, and 194 strikeouts in 216 innings in 2011, his best season to date. He increased his ground ball rate for the third straight year from 45% in 2010 to 52% in 2011, helping him keep the ball in the park much more often. He induced a lot of weak contact (15% line drive rate), but his .255 hit rate and 78% strand rate were still a bit lucky and should increase some. Hamels should be able to produce value close to 2012, however, well worthy of a top-10 spot among pitchers.

9. Jered Weaver: Weaver produced much better surface stats in 2011 than he did in 2010, but probably was not as good in reality. His strand rate of 82% was 7% higher, his .250 hit rate was 26 points lower, despite a 19% line drive rate (16%) in 2010 and his walk rate was the same, but his K% was down over 4%. Weaver is still a really good pitcher, but only borderline top-10, don't pay for his 2011 surface stats.

10. Tim Lincecum: Lincecum's ERA and WHIP were better in 2011 than they were in 2010, as he appeared to have a bounce-back year, but there are a couple of concerning numbers in his stat line. His K% has decreased and his BB% has increased in three straight years. He had a 10.4 K/9 and 2.7 BB/9 in 2009, and just a 9.1 K/9 and 3.6 BB/9 in 2011. This doesn't mean that Lincecum isn't still really good, but we shouldn't expect a WHIP much better than his 2011 mark of 1.21 and he likely won't strikeout 260 batters in 2012 either. Lincecum's declines have been subtle, so don't be caught off guard, he is no longer a top-5 pitcher.

11. Zack Greinke: Greinke finished the year with a 3.83 ERA and 1.20 WHIP, but he pitched much better than that. In his first year in Milwaukee he had a staggering 10.5 K/9 and a low 2.4 BB/9, but a low strand rate and very high 14% HR/FB rate caused his ratio stats to inflate. Expect a HR/FB of around 9% in 2012 and a much lower ERA and WHIP. Greinke will benefit from pitching in a very weak division and should be a solid number-two starter with top-5 upside.

12. David Price: Price had a better 2011 than 2010, but his fantasy numbers didn't reflect that. He increased his K/9 by from 8.1 to 8.8, and substantially decreased his BB/9 from 3.4 to 2.5; both numbers have trended positively for two straight seasons indicating that there may be upside here if he can continue to improve. Price may go undervalued because of his 12 wins in 2011, don't let him fall too far before taking him.

13. Matt Cain: Cain always seems like he is getting lucky, but he has now posted a hit rate near .260 for three straight seasons, so it may be time to accept that his baseline hit rate is somewhere near .260. His 6% increase in ground ball rate is another positive for him, somewhat validating his low 0.4 HR/9 (career 0.7). He should again be very solid, with an ERA near 3.00, a good WHIP, with no health concerns. Cain probably lacks top-five upside, but he is very safe.

14. James Shields: Shields delivered incredible value in 2011, finishing with a 2.82 ERA and 1.04 WHIP with 225 strikeouts in 249 innings. There are no health concerns with Shields, he has pitched over 200 innings in five straight years. He was, however, somewhat lucky in 2011, his .258 hit rate and 80% strand rate should normalize, leaving his baseline ERA somewhere in the mid-3's, but he should still post a good WHIP and a lot of strikeouts.

15. Stephen Strasburg: It really depends on how much risk you are willing to take on. Strasburg is coming off of Tommy John surgery, so his innings may be capped, and his performance could be volatile. He has the upside to be fantasy's number-one pitcher, in his 92 career innings, he has a 11.3 K/9 and 1.9 BB/9. It is a small sample, but he has the talent to be close to that over a full season. Control is usually the last thing that comes back after having Tommy John surgery, and Strasburg walked just two batters in 24 innings after returning to the majors in 2011. His progress needs to be monitored as the season approaches, but his upside is as high as anybody's.

16. Ian Kennedy: Kennedy was a late round flier in most shallow 2011 drafts, but finished the year as a top-10 pitcher. He was heavily aided by his 21 wins, and high 79% strand rate, but he also took a step forward in his skills, lowering his walk rate by a full walk per nine. He will likely regress some, but should still give you a good ERA and strikeout totals, with a very good WHIP. Don't overdraft him for his 21-4 record, but he is not a one hit wonder either.

17. C.J. Wilson: Wilson took a big step forward in his skills in 2011, improving his strikeout rate by nearly one strikeout per nine and decreasing his walk rate by over one walk per nine. He looks ready to produce another year with a low-3's ERA, near 200 strikeouts, and a decent WHIP, and while his run support may be a bit lower with the Angels, his new ballpark is much more favorable to pitchers and his overall fantasy value increases.

18. Jon Lester: Lester will never end up on one of my fantasy teams, I feel he is overrated based on his talent level. Lester pitches in the most difficult division in baseball, he has never posted a WHIP better than 1.20, and he doesn't log enough innings (210 is his career high) to produce real elite strikeout totals or elite win totals. He also saw his strikeout rate decrease by a full strike out per nine in 2011. Lester is a very good pitcher, but by the time he should be drafted, he will surely be long gone.

19. Mat Latos: Latos couldn't reproduce the elite skills he showed in his first full season, but he didn't fall too far off, posting a 3.47 ERA and a good 1.18 WHIP, striking out 185. His ERA indicators suggest that he was a bit unlucky (3.16 FIP), so expect improvement in 2012. Latos is very young and could easily take a step forward. His move to Cincinnati will hurt his ERA and WHIP, but he will make up for most of those losses in the extra wins that the Reds lineup should provide.

20. Tommy Hanson: Hanson only managed 22 starts, but performed pretty well in 2011. He flashed the strikeout upside that fantasy owners were hoping he would eventually produce, posting a 9.8 K/9 rate in 130 innings. He was plagued by a very high 13% HR/FB rate (7% and 6% the previous two years). Hanson looks ready to break out, he has sub-3.00 ERA/225 K upside, but still has to prove his health. Hanson could be a bargain due to bad luck in 2011, so don't be scared off. Monitor Hanson's health as the off-season progresses.

21. Madison Bumgarner: Bumgarner took a big step forward in 2011, posting a 3.21 ERA (2.67 FIP), with a 1.21 WHIP. He increased his strikeout rate from 7.0 in 2010 to 8.4 in 2011, he pitched 204 innings in 2011 and should be in for a bigger workload in 2012. Bumgarner's .322 hit rate was a bit unfortunate and should regress in 2012. If Bumgarner only marginally improves and has a luck-neutral year, he could emerge as a top-15 pitcher.

22. Yovani Gallardo: Gallardo finally reached 200 innings in 2011, finishing with 207 and his 3.52 ERA and 1.22 WHIP were both the best of his career. He has decreased his walk rate by two over the past two seasons, showing nice growth and some WHIP upside if he can build upon these improvements. His year would have been even better if he didn't fall victim to a high 13% HR/FB rate (career 10%). Gallardo should have better luck in 2012, so if he can maintain his performance, then he has 3.25 ERA upside. He is still not likely to help your WHIP, and does not compile enough innings to be elite. Don't expect another 33-start season.

23. Matt Moore: Moore is regarded as unquestionably the best pitching prospect in all of baseball by scouts. He has a very good three-pitch mix, including a fastball that sits in the mid-to-high 90's. Moore was unbelievable in all three stops that he made in 2011, posting a 210/46 K/BB ratio in the minors, with a 1.92 ERA in 27 starts. He is very polished and could make a big time impact right away, even in the AL East. There are not many pitchers more talented, and he appears a lock for a rotation spot with the five-year contract he signed in the off-season. Moore has a chance to be really good, but is still unproven so don't go nuts.

24. Chris Carpenter: Carpenter finished strong after a poor start to his 2011 season. He increased his strikeout rate, while decreasing his walk rate over his 2010 season, and there are no real signs that point to a sharp drop-off from the 36 year old Carpenter. He has thrown over 230 innings for two straight seasons and should be a reliable number-three fantasy starter in 2012.

25. Daniel Hudson: Hudson was good in 2011, his first full season, tossing 222.0 innings, finishing with a 3.49 ERA and 1.20 WHIP. His strikeout rate was a low 6.9, but he has shown big time strike out numbers in the minors, so there is reason to believe his strike out total could rise in 2012. Hudson's underlying stats were fairly luck-neutral, so expect a similar season from Hudson, with upside if he can jus miss a few more bats.

26. Adam Wainwright: Adam Wainwright missed all of 2011, as he needed Tommy John surgery. He was a consensus top five starting pitcher in fantasy before the injury derailed his 2011 season. He has considerable upside this late in a draft, posting a 2.63 ERA, 1.21 WHIP, with 212 strikeouts in 2009 and a 2.42 ERA, 1.05 WHIP, and 213 strikeouts in 2011. Don't expect that type of production in 2012, but something close is probably not impossible. Wainwright could shoot up draft boards as the season approaches, monitor his progress throughout the spring, he could provide great value.

27. Michael Pineda: Pineda was good in his rookie year, finishing with a 3.74 ERA and a very good 1.10 WHIP. His 70% strand rate was probably a bit unlucky; a higher strand rate and small step forward in skills could mean a better ERA. His workload should increase and he could post over 200 strikeouts. Pineda's new home in Yankee Stadium won't help his ERA or WHIP, and with his fly ball tendencies, he is particularly risky. The run support he will receive should give him plenty of opportunities for wins and should mitigate the hit to his ratios.

28. Yu Darvish: After finishing his fifth season in Japan -- all with a sub-2.00 ERAs --, Darvish will finally play in the majors. In his time in Japan he struck out over a batter an inning with a 4.9 K/BB ratio and had a career WHIP of 0.89. The Japanese league is considered a quad-A when computing major league equivalents, so the competition level was good. His landing spot in Texas should hurt his ratios, but will boost his win potential. His range of reasonable outcomes is very high, but so is his upside. Darvish should offer plenty of strikeouts, and a good ERA and WHIP, with the potential to be great. Don't fear Darvish on the merits of other Japanese pitchers who have came to the majors and failed; Darvish is a special case.

29. Josh Johnson: Johnson's skills have been beyond elite over the past two seasons, posting a 2.30 ERA in 2010 and a 1.64 ERA in 2011 (only 9 starts), fully supported by his 2.41 and 2.64 FIP over the past two years. The problem is that he cannot stay healthy. Johnson has really only completed one of the past five seasons, and has missed over half the season in three of those years. He could be fantasy's best pitcher, but don't pay for more than 20 starts, he is simply too risky. If you do end up owning him in 2012, sell-high before he misses time.

30. Matt Garza: Getting out of the AL-east really benefited Garza, as did the weak-hitting NL-central. Garza struck out 197 batters in 198 innings, a career high for Garza, while maintaining his usual walk rate. He finished with a 3.32 ERA and 1.26 WHIP, but was unlucky not to have done better, expect his .306 hit rate (.270 was his established mark in the three prior seasons), and his 70% strand rate to improve slightly. If he can retain his skills in 2012, then he has 3.00 ERA, 1.20 WHIP and 200+ strikeout upside.

31. Ricky Romero: Romero was fairly lucky in 2011, finishing with a 2.92 ERA and a 4.20 FIP (3.80 xFIP). His very low .242 hit rate should rise up towards .300 and his 79% strand rate should fall back into the low-70's. He should still keep an ERA in the mid-to-upper-3's, with a decent WHIP. He is a good pitcher, but his upside is capped while he is in the AL East. Let someone else overrate his 2011 numbers, Romero won't last long enough in many drafts to justify selecting.

32. Josh Beckett: Beckett recovered nicely from a very unlucky and injury plagued 2010, posting a career best 2.89 ERA and 1.03 WHIP. He was the beneficiary of a very fortunate .245 hit rate and 80% strand rate. Expect Beckett to regress to the mid-3's in ERA with a helpful WHIP. He hasn't started more than 30 games since 2006, so don't pay for a full season of health.

33. Jordan Zimmermann: Zimmermann was impressive in his return from Tommy John surgery, ending the year with 3.18 ERA and 1.15 WHIP. He demonstrated impressive control, walking just 1.7 batters per 9 innings, a great sign from someone coming off the surgery. He has shown higher strikeout potential than the 6.9 K/9 mark he posted in 2011 while in the minor leagues and in his first major league stint in 2009. The only worry with Zimmermann is that his 6% HR/FB rate will increase, hurting his ERA, but don't drop him too far down your draft board.

34. Gio Gonzalez: Gonzalez made improvements in 2011, increasing his strikeout rate by over a full strikeout per 9. He ended the year with a 3.12 ERA and 1.32 WHIP. He was fortunate with his ERA as his he posted a very high strand rate for the second straight year at 77%, this number should fall towards the low 70's, giving him a baseline ERA closer to the mid-3's. Don't fall in love with the strikeouts and ERA, he still has a walk rate over 4.0 per 9, making it very improbable his WHIP will be much lower than 1.30. He is good and has upside if he can gain better control, but don't reach too far for a WHIP risk. His move to Washington should give him better run support, but the pitching environment isn't quite as good, so his gains should be minimal.

35. Shaun Marcum: Marcum is yet another pitcher who really benefited from leaving the AL-east for the NL-central. He could not maintain his skill level from 2010, but his results were the same due to the easier competition. Expect Marcum's skills to bounce back some, he should be better than he was in 2011 and could reach the top-20 among starting pitchers if a thing or two breaks right.

36. Anibal Sanchez: Sanchez increased his strikeout rate by 2 strikeouts per 9 in 2011 -- validated by an increase in SwStr%, while producing a career low walk rate. He was hurt by a slightly high 10% HR/FB rate (career 8%), so if his skills remain stable, he has 3.25 ERA upside with better luck. He is unlikely to help your WHIP, but his 200-strikeout potential is nice. Sanchez was unlucky to only win 8 games, so he may be undervalued in 2012 drafts, he should be drafted as a boarder-line number four starter, who could return top-25 value.

37. Cory Luebke: Luebke posted a 3.29 ERA in 139 major league innings in 2011, validated by his 2.93 FIP (3.02 xFIP). Luebke struck out 9.9 batters per 9 innings, a number that was boosted by his relief appearances early in the season. His strikeout totals are also way out of line with his minor league numbers, so expect a regression in that area -- though his SwStr% of 10.9 says it may not drop too much. He has a couple of things going for him, he pitches in the NL-west, and he pitches in PETCO, and he is also a pretty good pitcher. You probably won't need to take him here to get him, but Luebke could be a good value pick in 2012 drafts.

38. Brandon Beachy: Beachy was really impressive in his rookie season in 2011, striking out 169 batters in 141.2 innings, while walking only 46. He only managed to make 25 starts, so durability is a minor issue heading into 2012. His FIP (3.19) and xFIP (3.16) say that he can improve upon his 3.68 ERA, but that is only if he can maintain his strike out rate, which will almost surely decline. He has very high upside if he can stay healthy for the whole year, but don't pay for a repeat of his 2011 strikeout rate, and don't pay for 33 starts.

39. Ubaldo Jimenez: Ubaldo was very poor in 2011. The Rockies were concerned enough about his health to trade him, even though he was under a very club-friendly contract. Ubaldo's fastball velocity was down 2.6 mph, which likely led to a career high .314 hit rate. His very low 65% strand rate shows that his struggles were part luck and part skill. Ubaldo has upside at this point, but he has to fix a lot and prove he is healthy before he will return to pre-2011 form.

40. Ted Lilly: Lilly, who is often undervalued, was overvalued coming into 2011, and failed to produce fair value for his ADP. His 3.97 ERA was not really unlucky, his skills were actually marginally worse than usual. Expect a slight rebound from Lilly, he should provide a very good WHIP as always, with about 160-170 strikeouts.

41. Doug Fister: I think that it is time we change our opinion of Doug Fister. Fister increased his strikeout rate by over one K/9, as he used more off-speed pitches in 2011, helping to increase his pitches swung at outside the zone by 5%, also increasing his SwStr%. He also increased his average fastball velocity by 1.6 mph. He also had a 1.5 walk rate, so his WHIP should be very strong. Fister was also traded from an awful offensive team in Seattle, to a good offensive team in Detroit, so he should be able to add wins to his 2011 total of 11. He should regress from his 2.83 ERA and 1.06 WHIP, but don't be dismissive, he should be drafted in all leagues in 2012.

42. Hiroki Kuroda: Kuroda's skills remained very stable in 2011 He was helped by a fortunate 80% strand rate, but was hurt by a high 11% HR/FB rate. His ERA was probably going to go up, even in Dodger Stadium, and Yankee Stadium will further hurt his ratios, but the extra wins will keep his value close to what it was in Los Angeles.

43. Johnny Cueto: Cueto had a really lucky 2011, and it would be a good time to sell high in keeper leagues if possible. He posted a 2.31 ERA with an xFIP of 3.90, heavily aided by his .249 hit rate and a slightly high strand rate. He did increase his ground ball rate from 42% in 2010 to 54% in 2011, so he may be able to sustain his low 6% HR/FB rate if he maintains that ground ball rate. Don't buy into Cueto's 2011, he will probably be drafted earlier than justified, so don't plan on drafting Cueto in your league.

44. Jeremy Hellickson: Hellickson may have been the luckiest pitcher in baseball in 2012. His ERA was 2.95, but his FIP was 4.44 and his xFIP was 4.72. His .223 hit rate was the lowest in baseball, expect a sharp regression there. His 82% strand rate was the second highest among starters as well, that should decline very sharply too. His 5.6 K/9 and 3.4 BB/9 rates were not good at all either. Expect a higher strikeout rate in 2012 -- as his SwStr% was actually pretty good -- but that's about it. Hellickson will be over-drafted in almost every league due to his performance and pre-2011 hype. Don't touch him, don't even go near him.

45. Colby Lewis: We shouldn't expect an ERA under 4.00 from Lewis, but he should produce a very helpful WHIP (something close to 1.20). He couldn't maintain his jump in strikeout rate in 2011, so expect somewhere around 170 strikeouts. If Lewis is ever going to help your ERA, he needs to stop allowing so many fly balls in Texas (1.6 HR/9 in 2011). He isn't going to emerge as a top starter, but he should still be drafted in all formats.

46. Tim Hudson: Hudson's luck normalized in 2011, causing his ERA to rise, even though his skills improved. Hudson's true skill level is probably in between his 2010 and 2011 seasons. Expect a mid-3's ERA, a WHIP just under 1.20, and a decent strikeout rate. Recent news suggests that Hudson may not be ready for the season, so pay attention to this heading into your draft.

47. Ervin Santana: Santana finished the year with a 3.38 ERA, but was aided by a fortunate 77% strand rate, and a .272 hit rate. He did increase his ground ball rate from 35% to 44%, which should help him keep the ball in the park. Santana was only slightly better than he usually is, and his 4.00 FIP says that his ERA will jump in 2012. Expect his numbers to be close to his 2010 stats.

48. Max Scherzer: Scherzer's peripheral stats were really erratic compared to his 2010 numbers, but they all equaled out to an almost identical xFIP to his 2010 mark. His strikeout rate dropped, but so did his walk rate, his hit rate was higher (an unlucky .314), and his HR/FB rate increased by 3%. He should have a little better luck in 2012, but without a step forward in skills he will not help your ERA or WHIP. Scherzer flashed his potential in the second half of 2010, but his inconsistency makes him risky.

49. Jaime Garcia: A lucky 2010 and unlucky 2011 made it look like Garcia regressed in 2011, but he actually pitched better. He cut his walk rate by over one walk per 9, but was unfortunate with a .318 hit rate and low 67% strand rate. Garcia should produce a good ERA, poor WHIP, with modest strikeout numbers and should slot in very well towards the back of a fantasy rotation.

50. Neftali Feliz: Feliz wasn't very good as a reliever in 2011, as both his walk and strikeout rates went in the wrong direction and his xFIP soared to 4.27. He will be transitioned into a starter in 2012 and predicting his performance will be difficult. His skills should improve, but don't expect another sub-3.00 ERA. He is unlikely to pitch much more than 150 innings, so bid cautiously.

51. Roy Oswalt: Oswalt was very disappointing in 2011. His strikeout rate decreased by over 2 strikeouts per 9 to a career low 6.0. He also started just 23 games due to injury. Expect a small bounce back, but he is 34 years old, he could be frustrating to own in 2012 if his injuries resurface. Taking Oswalt early would be risky, but at this point in a draft he still has sufficient upside to justify selecting.

52. Wandy Rodriguez: Wandy's surface stats were typical of his recent performances, but his strikeout rate has declined for three straight seasons, while his walk rate has increased in two straight seasons. Wandy also benefited from a high 79% strand rate, so it would be risky to expect an ERA lower than his 2011 mark of 3.49. His 13% HR/FB rate should decline towards 9% (his established mark from 2008-2010), but he shouldn't be drafted anywhere near the top-30 where he is usually taken. He won't help your WHIP and will struggle to get wins in Houston. Let someone else reach on Wandy's name value.

53. Jhoulys Chacin: Chacin took a big step backwards in 2011 by reducing his strike out rate from 9.0 K/9 to just under 7.0. He did, however, improve his ground ball rate by 10%, which will help him keep the ball in the park in Colorado. Chacin will not have a good WHIP unless he can significantly reduce his walk rate of over 4.0. Chacin should increase his strikeout rate some, but there are still worries.

54. Scott Baker: Baker was good while healthy in 2011, but he only totaled 134.2 innings. He finished with a 3.14 ERA and 1.17 WHIP, but was fortunate with a 79% strand rate, so expect regression. Though he should fall back some, his strikeout rate (8.2) was the highest of his career and his ERA indicators show that it was his best season yet. Baker could be a top-30 pitcher if he finished the whole season, but he has averaged just 26.8 starts over the past five seasons, don't pay for much more than that in 2012.

55. Derek Holland: Holland took some small steps forward in 2011. Reasons to like him: his walk rate decreased from 3.8 to 3.1, his ground ball rate rose from 42% to 46%, he stayed healthy in 2011, pitching 198 innings, and he is young and talented and could easily build upon his 2011 gains. He will still remain a WHIP risk until he limits his walks, but there is a lot to like about his profile, if he takes a step forward, he could post a sub-3.50 ERA, with 180 Ks.

56. John Danks: Danks was a bit unlucky to finish with a 4.33 ERA, as his xFIP suggests that it may have been his best season, skills-wise. His hit rate was .313 (career .290), so he should be a little better in 2012. The real problem was that Danks was overvalued in 2011 drafts because of his three straight years of good luck. Danks is the same pitcher he always was, this year he should be drafted closer to his real value.

57. Brandon Morrow: Morrow has elite talent, but lacks consistency. His strikeout potential is outrageous (over 10 K/9 in past two years), but he needs to log more innings and stay healthy. Morrow got very unlucky in 2011 with a 66% strand rate, contributing to a 4.72 ERA, but his xFIP was 3.53. He has never thrown more than 179.1 innings in the majors, but that was in 2011. If he can build up a little more stamina and leave just a league average amount of runners on base, he could be a top-30 starting pitcher. Take a shot on him, especially in shallow leagues.

58. Chris Sale: Sale has been dominant as a reliever in his first two major league seasons, but the transition to the rotation will not be easy. His strikeout rate will drop and his walk rate may rise. It is very difficult to predict exactly how well he will do, but his upside is worth speculating on in all leagues. Like Neftali Feliz, it would be tough to see him pitch much more than 140-150 innings, which limits his upside some. Sale is a risk/reward play, so know what you are getting yourself into.

59. Justin Masterson: Masterson had a 3.21 ERA and 1.28 WHIP in 2011, as he decreased his walk rate for the second straight year, also decreasing his strikeout rate for a second straight year. His hit rate and strand rate are fine, but his 6% HR/FB rate was a bit lucky. Expect a high-3's ERA, below average WHIP, and decent strikeout totals.

60. Gavin Floyd: Floyd won't give you much better than an ERA near 4.00, with a respectable WHIP and modest strikeout totals. His FIP is consistently lower than his actual ERA, indicating that there could be upside if he could manage a better strand rate (typically below 70%).

61. Clay Buchholz: Buchholz only started 14 games in 2011. It is a small sample size, so there are no large conclusions we can draw, but his HR/FB rate did normalize, causing his ERA to jump more than a full point. His strand rate remained at a 79% mark that is surely unsustainable for a pitcher of Buchholz's quality. He was also aided by a .265 hit rate. Buchholz is not the guy that his 2010 superficial stats suggest, so don't reach for him hoping for a 2.33 ERA. He can produce value at this point in a draft, but health and regression are major concerns.

62. Jair Jurrjens: Jurrjens has started just 20 and 23 games in the past two seasons. He posted a 2.96 ERA in 2011, but it was heavily driven by luck, with an 81% strand rate and .269 hit rate. Expect big regression in ERA. Jurrjens doesn't have high strikeout potential and is not going to help your ERA or WHIP without luck, he is serviceable in deeper leagues, but there are better end-game upside picks in shallow leagues.

63. Tim Stauffer: Stauffer produced a 3.73 ERA, a 1.25 WHIP, and 128 strikeouts in 185.2 innings in his first full season as a starter. He will put up solid numbers at the back of a fantasy rotation, but his low strikeout rate should keep him out of the top-50 starters. PETCO should reduce his downside, but there are better upside picks for shallow leagues.

64. Chad Billingsley: Billingsley's strikeout rate has declined in four straight seasons and his walk rate was the highest it has been since 2006. He was only slightly unlucky to post a 4.21 ERA and his 1.45 WHIP was an absolute killer. Billingsley is always overrated...he has posted an ERA over 4.00 in two of the past three years, he has generated a WHIP lower than 1.32 just one time in his six year career, he has only struck out more than 180 batters one time, and his skills are declining. He does have upside here, but he needs to fix a lot.

65. Ryan Dempster: Dempster's relative skill level has remained unchanged for three years, as he has generated very stable FIP and xFIP ratios in each of the past three years. Dempster was hurt by a high .324 hit rate, although his line drive rate did increase to 21%, so he will have to improve that to return to the high-3's in ERA again. Dempster is an ERA and WHIP risk, but will give you a lot of strikeouts this late in drafts. Take Dempster if you are equipped to take a hit in your ratios.

66. Drew Pomeranz: Pomeranz has just 18 innings of major league experience and will be just 23 on opening day 2012, but he is a very interesting sleeper. He was drafted 5th overall in 2010 by Cleveland, but headed to Colorado as part of the Ubaldo Jimenez trade. He had a 1.78 ERA with 119 strikeouts and 38 walks in 101 minor league innings in 2011 and projects as a number two major league starter in the future and could make an impact in 2011.

67. Ryan Vogelsong: Vogelsong was likely the most surprising pitcher in all of baseball in 2011, posting a 2.71 ERA with a 1.25 WHIP in 179.2 innings. He really should regress, his 80% strand rate was very fortunate, and his FIP was a full run higher than his ERA. He pitches in the NL West and in a good ball park, so he can still have value, but if you are looking for upside at the end of a shallow league, look a little further.

68. Mark Buehrle: Very stable set of skills. The move to Florida will be a help to his value -- better lineup, better ballpark, better league for pitchers -- so we could be looking at a bit better numbers in all areas in 2012 for Buehrle. He is incredibly reliable, pitching over 200 innings in 11 straight seasons, expect much of the same.

69. Trevor Cahill: The difference between Cahill's 2010 and 2011 seasons was just a simple luck correction. Expect numbers close to his 2011 totals, with a bit of upside for more.

70. R.A. Dickey: Being a knuckleballer, Dickey struggles to gain respect, but he has generated ERAs of 2.84 and 3.28 over the past two years to go with his 1.19 and 1.23 WHIP totals. His .278 hit rate and 75% strand rate may be marginally lucky, but there is no reason why he can't post an ERA in the mid to high-3's, with a WHIP that won't kill you and modest strikeout totals. Most people don't want to draft a knuckleballer, but he could produce solid numbers for those in deeper leagues.

71. Brandon McCarthy: McCarthy had a 3.32 ERA and 1.13 WHIP in 170.2 innings in 2011. His low 6% HR/FB rate should rise, but his low 68% strand rate should correct and offset the rise in home runs. Most of his numbers were legit (3.30 xFIP), and his 1.3 BB/9 rate should give him a chance at a really good WHIP. His problem is health, as his innings total in 2011 was a career high. He is worth taking earlier than this in shallow leagues, but in deep leagues where replacements are hard to find, his health makes him a risky pick.

72. Ricky Nolasco: Nolasco continually under-performs his peripheral statistics, but at some point we have to expect that to continue until he proves otherwise. Nolasco has produced an ERA over 4.50 in three straight seasons, but his xFIPs were 3.23, 3.37, and 3.55 over those three seasons. His lowest hit rate was .316 over that span and he posted strand rates of 61%, 72%, and 66%. It does seem that he has to bounce back, but we should let someone else pay for that potential. The added concern with Nolasco is his strikeout rate that has declined from 9.5 to 6.5 in 2011. Someone else will get cute and draft Nolasco far earlier than this, don't let that be you.

73. Jonathan Sanchez: Sanchez failed to stay healthy in 2011, ending up with a 4.26 ERA and 1.44 WHIP in 19 starts. As of now Sanchez should hurt your ERA and certainly won't help your WHIP with walk rates near five per 9. He accumulates too many pitches early in games, so he doesn't pitch deep enough to compile high win totals. You are really drafting Sanchez for good strikeout totals and the potential to emerge if his command improves.

74. Jeff Niemann: Niemann will give you an ERA around 4.00, with a respectable WHIP, he won't strike out much more than 140 if he stays healthy. He has only managed 30, 29, and 23 starts over the past three years, so don't pay for a full season. He looks to be the favorite for the final spot in the Rays rotation, but he really doesn't have a ton of upside.

75. Mike Leake: Leake had a better showing in his second season in 2011, improving his strikeout rate and decreasing his walk rate to just 2.0 walks per 9. He was a little lucky to have a 3.86 ERA as his .269 hit rate should rise in 2012. He has only started in 24 and 26 games over the past two years, so don't pay for a full season.

76. Bud Norris: His strikeout rate was down a bit in 2011, but Norris made big gains in his control, walking 3.4 batters per 9. He pitched 186 innings and could be ready to take the next step and pitch close to 200 innings in 2012. While his strikeout totals will be very good, he is a bit of a WHIP risk and wins should be tough to come by in Houston, so don't go overboard here.

77. Henderson Alvarez: Alvarez's debut season in 2011 was impressive. He finished with a 5.6 strikeout rate, 1.1 walk rate, and 54% ground ball rate that resulted in a 3.53 ERA and 1.13 WHIP in 63.2 innings. His skills are similar to the skills that he showed in the minors and his ERA indicators support his low ERA. He should regress a bit, as it will be difficult to maintain such an impressive level of control, especially in the tough AL-east, but he can keep an ERA under 4.00 and a WHIP near 1.20. If things break right for Alvarez, he could have a breakout year in the mold of a Doug Fister. Others will overlook his WHIP upside, so Alvarez could be a very good value on draft day and a potential source of profit.

78. Vance Worley: Worley made 21 starts for the Phillies in 2011, producing a very good 3.01 ERA, 1.23 WHIP, and 119 strikeouts in 131.2 innings. He had never sustained those types of strikeout numbers in the minors prior to 2011 and his SwStr% was also pretty low, so we should expect his K% to decline. He was also the beneficiary of a 78% strand rate; a correction should further raise his ERA. He also needs to cut his high 24% line drive rate if he wants to keep his hit rate down. Don't let him fall too far due to his lack of name recognition.

79. Phil Hughes: Hughes was brutal in 2011, but much of that was caused by him trying to play through his early season injury. Hughes should be able to post an ERA near 4.00, a WHIP around 1.30, with moderate strikeout numbers in 2012. He is talented and is still just 25 years old, so he could begin to emerge as a viable fantasy option, but still has to answer a lot of questions before that happens, don't overpay for his name-value.

80. Randy Wolf: Pretty stable set of skills, expect an ERA near 4.00, a WHIP just above 1.30, and a decent amount of strikeouts. Wolf has pitched in more than 210 innings in three straight years. Very little upside, but he is reliable.

81. Johan Santana: Santana's upside justifies a flier, even in shallow leagues, but we still do not know how much of a workload to expect from Santana in 2012. Just don't pay for anything close to what he used to be.

82. Edwin Jackson: Jackson's results never match his raw stuff, he did cut his walk rate to a career low 2.8 walks per 9. He should also be able to lower his high .330 hit rate. Jackson should keep his ERA around 3.75, with decent strikeouts, but will be a WHIP risk around 1.40. His move to Washington is a good landing spot, as it is slightly favorable to pitchers and his lineup support should be solid as well.

83. A.J. Burnett: Burnett was already a bounce-back candidate after a 17% HR/FB rate resulted in a 5.15 ERA, while his xFIP was 3.86, but now that he will leave Yankee Stadium and head to Pittsburgh, Burnett should be able to improve in all categories aside from wins as he will improve his pitching environment and will face much weaker competition in the NL-central. We could see an ERA close to 4.00, with good strikeout totals from Burnett in 2012. If your league-mates mock him, as many do, he could provide good value on draft day.

84. Brett Myers: Showed that his decrease in HR/FB rate in 2010 was a fluke, producing a 13% HR/FB rate in 2011. Skills remain relatively stable, so an sub-4.00 ERA will be difficult. He has been very durable and compiles a ton of innings, so his strikeout total should be decent, but you are paying for little else.

85. Mike Minor: Has the potential to strikeout a batter an inning, and post a good ERA. His .359 career hit rate should come way down, but his WHIP will still probably be a bit high. Minor is the clear favorite to leave camp as the fifth starter for the Braves and is a good upside play late in shallow leagues.

86. Erik Bedard: Bedard had a solid year in 2011 while healthy and the 129.1 innings that he pitched was the most since 2008. The move to Pittsburgh will help both in his new park and in pitching in the NL-central, so Bedard's numbers could improve across the board, but don't pay for more than 120 innings.

87. Jeremy Guthrie: Baltimore is about the worst place to pitch in all of baseball -- terrible park and easily the toughest division --, but Guthrie will move to Colorado, which isn't a whole lot better. He will have a worse park to hit in, but fortunately the NL-west ranks among the worst divisions in all of baseball and many of his in-division road games will be in very pitcher friendly parks. He is mediocre in all categories, but that has value this late in drafts.

88. Matt Harrison: Harrison made big command improvements in 2011, increasing his K/9, significantly dropping his BB/9. His 3.39 ERA was probably a bit lucky, but if he can maintain his gains, he should keep his ERA near 4.00 in 2012. His strikeout totals and WHIP won't be stellar, but the Rangers lineup should benefit his win total. Upside isn't tremendous, but a decent option in deeper leagues.

89. Chris Capuano: Good walk and strikeout rates, but continued to give up too many home runs. Pitching for the Dodgers couldn't be worse than pitching for the Mets, so there could be some minor improvements in his numbers. Capuano is a good source of strikeouts this late in a draft and won't kill you anywhere else, so don't let him slide too far.

90. Francisco Liriano: Liriano completely lost his command in 2011. His K/9 dropped to 7.5, while his walk rate skyrocketed all the way up to 5.0 walks per 9. His decline wasn't luck related, so we shouldn't expect a huge bounce back. It is hard to imagine him getting worse, so we should expect some sort of improvement. Liriano makes for a good end-game option, but he is not someone to reach for.

91. Jason Vargas: Skill set is pretty stable, expect an ERA in the low-4's, a WHIP near 1.30, an alright strikeout rate, with reduced win total expectancy due to a Mariners lineup that should continue to be below average.

92. Josh Collmenter: His .255 hit rate will come up, but his decent strikeout skills and low walk rate should keep his WHIP solid. His 3.38 ERA from 2011 will be tough to keep below 4.00 in 2012, but he should be decent.

93. Ivan Nova: Don't pay for Nova's 16-4 record from 2011, neither his strikeout or walk rates were very impressive, though his 53% ground ball rate is encouraging. His hit rate was a bit low, so his 3.70 ERA should increase a bit. Nova won't be spectacular in any of the skill related categories, but he should win more than his fair share of games with the support of the Yankees lineup.

94. Homer Bailey: Bailey lowered his walk rate for the fourth straight year in 2011. He will give owners an alright ERA and solid WHIP for this late in a draft and if he can continue to improve his control, there may be further upside.

95. Jonathon Niese: Niese brought his ground ball rate up to 52%, while also making moderate improvements in his walk rate in 2011. He has traditionally had a high hit rate and low strand rate, so we shouldn't expect huge gains, but if his luck were neutral and he maintained his skill gains from 2011, we could be looking at a top-60 pitcher.

96. Josh Tomlin: His strikeouts and ERA won't be great and his .253 hit rate should regress, but Tomlin's outstanding control (1.1 BB/9 in 2011) will allow him to have more fantasy value than real life value with his ability to post low WHIP totals.

97. Bronson Arroyo: Nothing in Arroyo's skills profile was too out of line with his past couple of years, but a 16% HR/FB rate plagued him in 2011, resulting in a 5.07 ERA. His ERA should come back into the low-to-mid-4's, with a decent WHIP, but pass on Arroyo if you are looking for upside.

98. Aroldis Chapman: Though the Reds rotation is already crowded, they still plan on giving Chapman a chance to start this season. His 12.8 career K/9 as a reliever highlights the type of potential that he would have in the rotation, but success will likely be a bit tougher should he make the transition. His walk rate should keep him from posting strong WHIP totals, but his strikeout upside would be worth speculating on. If he were guaranteed a rotations spot, he would move way up this list, so monitor this situation as the season approaches.

99. Juan Nicasio: Positives from 2011: 7.3 K/9, 2.3 BB/9, and a 46% ground ball rate. The only negative was his neck injury that cut his season short. The skills were there, and are supported by his minor league track record. He should compete for a rotation spot this spring and could provide good numbers across the board. Should he earn a spot in the rotation, his value will take a big jump.

100. Zach Britton: While his K/9 and BB/9 weren't that good in 2011, his 53% ground ball rate was very good. Britton is a talented young pitcher who could increase his innings total into the 190 area, but the AL-east will continue to cap his upside.

101. Kyle Lohse: Hit rate was lucky, but did improve his control, still we shouldn't expect anything close to the 3.39 ERA and 1.17 WHIP he had in 2011. Should regress, but won't be terrible.

102. Carl Pavano: After failing to stay healthy for several years, Pavano has produced large workloads in three straight years now. His strikeout rate has declined sharply in two straight years, so you are not counting on him for much in that category. Not much upside, but recent consistency and durability should allow him to provide owners with some value.

103. Phillip Humber: Humber was a pleasant surprise in 2011 finishing with a 3.75 ERA and 1.18 WHIP in 163 innings. All of his ERA indicators confirmed his sub-4.00 ERA was legitimate. While his upside isn't much higher than what he did in 2011, he should still produce decent numbers across the board.

104. Jake Peavy: Peavy's .317 hit rate and 64% strand rate were way out of line with his career numbers. He maintained s good strikeout rate and displayed excellent control. His WHIP is always good and his ERA should return to the mid-3's, but he hasn't pitched in more than 112 innings in any of the past three years, so don't pay for much more than that in 2012. Peavy is a risk, but he makes for a great end-game pick in deeper mixed leagues.

105. Carlos Zambrano: An unlucky HR/FB rate caused a high 4.82 ERA in 2011, but a sharp decline in strikeout rate didn't help either. His decline in SwStr% suggests that his strikeout rate may not bounce back much, but the move to Florida will give him better lineup support and almost surely a better pitching environment. Don't expect a return to his 2010 level, but don't write him off completely either.

106. Joe Blanton: Blanton should be the Phillies fifth starter coming out of spring training. He has made himself into a good strikeout pitcher over the past couple of years, while maintaining very good control. His groundball rate spiked in 2011 to 55%, and though it was only a 41.1 inning sample, it does hint at some potential upside if he can maintain some of those gains. His 5.01 ERA from 2011 may scare others off, but his peripherals were very good and all of his ERA indicators suggest an ERA under 4.00, so Blanton could be a good value in 2012.

107. Chris Narveson: His K/9 decreased and his BB/9 rate increased in 2011, but his ground ball rate has increased substantially over the past two years, and his SwStr% jumped to over 10%, indicating some potential growth in the strikeout department. His upside is probably not tremendous, but there is potential for profit here.

108. Dan Bard: Bard hasn't started a game since 2005, where he was a disaster. Now he has gotten a lot better since then, but the transition to the rotation won't be a simple one. If he succeeds, it would be difficult to see much more than 140 innings, since he has never reached even 80 innings in any season, so the upside is somewhat limited. If he struggles, he has the upside of returning the bullpen, where he has definite value.

109. Bartolo Colon: Pitched 164.1 innings in 2011, but has only pitched 421.1 innings total since 2005. His skills were very good, so expect good production when healthy, especially in Oakland, but don't pay for a full season. Worth reaching on in the end-game, but don't reach in the middle rounds of a deep league.

110. Aaron Harang: Had almost identical K/9 and BB/9 rates in 2010 and 2011, but his luck was much better last year for the Padres. He shouldn't repeat his 78% strand rate, so expect his ERA to rise over 4.00.

111. Alexi Ogando: Ogando was very solid for most of 2011, though he tailed off towards the end of the year. He finished with a 3.51 ERA and 1.14 WHIP, but only struck out 126 batters in 169 innings. He will probably regress some, as his .265 hit rate should rise, and he may not even make the rotation entering 2012, so monitor his situation as the season approaches and don't overpay for his 2011 surface numbers should he make the rotation.

112. James McDonald: Strikeouts are nice, but high walk rate will hurt your ERA and kill your WHIP.

113. Jeff Karstens: Similar skills to his 2010 season, but was much luckier with a low hit rate and high strand rate. He should have a tough time keeping his ERA under 4.00 in 2012, but his great control should keep his WHIP strong.

114. Dallas Braden: Braden is on track to return to the Oakland rotation by May. He only pitched 18 innings in 2011, but don't forget how good he was before the injury. He is still well capable of a sub-4.00 ERA and a WHIP in the 1.25 area. If he comes back healthy, Braden could be a great value in 2012 drafts.

115. Derek Lowe: A high .327 hit rate and low 66% strand rate lead to an unlucky 5.05 ERA. All of his ERA indicators point to an a sub-4.00 ERA, so Lowe should be in for a bounce back year. Switching leagues won't help, but Cleveland isn't a bad place to pitch. Others may look at his 2011 ERA and pass on him. Don't let him fall too far as his skills are still in tact.

116. Luke Hochevar: Skill set is pretty stable, but that isn't necessarily a good thing. Expect a mid-4's ERA, an alright WHIP, and a decent strikeout rate.

117. Rick Porcello: The current defensive construction for the Tigers will not benefit Porcello's ground ball tendencies, but he is still just 23 years old, and could take a step forward, so there is potential profit here, though his peripherals don't suggest it.

118. Joe Saunders: The career high 212 innings was nice, but Saunders' skills have remained very stable over his entire career so don't pay for his 3.69 ERA -- the product of a .271 hit rate and 78% strand rate -- which is unlikely to repeat.

119. Jacob Turner: Turner possesses very good control that could allow him to produce a very good WHIP. His strikeout potential isn't as high as most top pitching prospects, but he has a chance to make the Tigers' rotation coming out of spring training. There is risk, but Turner has considerable upside at this point in a draft.

120. Bruce Chen

121. Felipe Paulino: Paulino had a 3.73 xFIP in 2011, but a traditionally high hit rate has always inflated his ERA. Paulino will be a good source of strikeouts no matter what and should increase his workload in 2012, but if his luck on balls in play improves, he could provide major profit.

122. Dillon Gee: Decent strikeout rate, but his walks will continue to punish your WHIP.

123. Travis Wood: Wood's skill really regressed in 2011. His strikeout rate fell from 7.5 to 6.5 and his walk rate rose from 2.3 to 3.4. His skills should bounce back some, but don't expect his 2010 performance. He is no lock for a rotation spot as things currently stand in Chicago, so keep an eye on this situation before selecting Travis Wood.

124. Jarrod Parker: Parker missed the whole 2010 season, as he recovered from Tommy John surgery, but bounced back nicely in 2011 with a 3.79 ERA in 130.2 double-A innings. He only struck out 7.7 batters per 9, so it is difficult to see big time strikeout potential right away, but he could begin the year in the rotation in Oakland where he would have some upside across the board.

125. Paul Maholm: Was a bit lucky in 2011 and the move to the Wrigley Field won't improve his numbers any, but he should log innings and shouldn't be terrible.

126. Barry Zito

127. Brad Peacock: Peacock has a good chance to make the opening day rotation in Oakland. He struck out more than a batter per inning in the minors in 2011 and kept his walk rate reasonable. Wins should be hard to come by, but there is upside here.

128. Edinson Volquez: Had an incredibly unlucky 21% HR/FB rate in 2011 and will head to San Diego, which will be good for his ratios. Look for a rebound in his performance, but his WHIP won't ever help you and his health is always a concern. Don't expect a full season.

129. John Lannan

130. Chris Volstad: Volstad had a career-high strikeout rate and career-low walk rate in 2011, finishing with a 4.89 ERA, but his 3.64 xFIP suggests that there could be more here if he can control his HR/FB rate (16% in 2011). The move to the Cubs certainly won't help him keep the ball in the park, but Volstad is just one skill away from being a decent fantasy pitcher. Many will overlook him, but there is profit potential here.

131. Jake Westbrook

132. Hisashi Iwakuma: Seattle is a good landing spot for Iwakuma, who posted a 2.42 ERA, 1.05 WHIP, and a 90/19 strikeout to walk rate in 119 innings in Japan in 2011. He looks in line for a rotation spot to begin 2012 where he could provide value if his skills translate better than expected.

133. Brett Cecil: Should be moderately helpful in the strikeout department, but won't help anywhere else.

134. Hector Noesi: Noesi showed elite control in the minors at each level prior to the 2011 season. The move to Seattle will boost his value, so if he can rediscover his pre-2011 control, we could see some upside in the WHIP category.

135. Randy Wells

136. Charlie Morton: A ground ball spike to 59% helped Morton produce unexpected value in 2011. Still, his 4.0 BB/9 really hurt his value in the WHIP category. Don't pay for his 3.83 ERA without noticing his 1.53 WHIP.

137. Clayton Richard: Had a big drop in K/9 in 2011, but injuries may have been a factor. Should be healthy entering spring training, so a bounce-back season could be in the cards.

138. Wade Davis: Probably the odd man out for a rotation spot in Tampa.

139. Tom Milone: Milone posted pretty good strikeout rates in the minors, but his stuff isn't that big -- his average fastball velocity was just 88 mph in 2011 --, so don't pay for the strikeouts. He does, however, offer great control which will give him upside in the WHIP category.

140. Fausto Carmona

141. Danny Hultzen: Hultzen was the most major league ready pitcher in the 2011 draft, and could make an impact very early in 2011. He doesn't have the upside of some other pitching prospects, but his polish should allow him to reach the majors sooner and will also help to limit his downside.

142. Trevor Bauer: Almost major league ready right now, Bauer has the stuff to post good strikeout totals right away to go along with good ratios if things break right.

143. Guillermo Moscoso: Moscoso had a 56% fly ball rate in 2011, which was fine in Oakland, but moving to Colorado, that significantly increases his downside. He also had a .221 hit rate that should come way up in 2011. Don't pay for his 3.38 ERA and 1.09 WHIP from 2011, don't pay for anything near that.

144. Kevin Slowey: Slowey has always had great control, and improved in that area in 2011, posting a 0.8 BB/9 in 59.1 innings. His 6.67 ERA will scare most owners off, but his .330 hit rate and 58% strand rate were very unlucky as his 4.36 xFIP suggests. With neutral-luck, Slowey has WHIP upside, but probably won't help elsewhere.

145. Kevin Millwood

146. Freddy Garcia

147. Aaron Crow: Needs to cut his walk rate to have any significant upside and his 9.4 K/9 is unlikely to translate into a starting role should he stick in the rotation.

148. Livan Hernandez: Very durable, but ratios won't be good.

149. Shelby Miller: Big time upside in all categories if Miller ends up in the Cardinals rotation at some point in 2012.

150. Julio Teheran: Didn't maintain an elite strikeout rate in 2011 and still needs to develop an above average breaking ball, but his ceiling justifies rostering him in deep leagues.

151. Mike Pelfrey: Good bet for 190+ innings, but Pelfrey will hurt your ratios and offers little strikeout potential.

152. J.A. Happ: Strikes out a lot of batters, but his high walk rate make him a WHIP killer and wins in Houston could be hard to come by.

153. Jerome Williams: Looks to be the favorite for the number five spot in the Angels rotation. Decent strikeout potential, but not a huge ceiling.

154. Jorge De La Rosa: Performances are volatile coming off of elbow surgery, but he could return in May or June. With his upside, there could be profit here.

155. Dustin McGowan

156. Tsuyoshi Wada: A 1.51 ERA and 1.00 WHIP, with 168 strikeouts and 40 walks in 184.2 innings in Japan in 2011, but should find the AL-east much less welcoming. Wada could be better than expected, but don't expect miracles.

157. Dustin Moseley: Sub-5.0 K/9 gives little hope for huge profits. Hit and strand rates were lucky in 2011, don't pay for a repeat of his 3.30 ERA.

158. Kevin Correia: Could be the odd man out in the Pirates rotation with A.J. Burnett's arrival.

159. Jake Arrieta: Showed major K/9 improvement in 2011, and his unlucky 15% HR/FB rate should normalize, but he still walks too many batters to have significant upside in the AL-east.

160. Jason Marquis: Showed minor improvement in control in 2011, but the move to the AL will probably mitigate any of his 2011 gains. Should have a rotation spot in Minnesota, but will hurt your ratios.

161. Jason Hammel: Heading to the AL-east won't help Hammel's value any, and with his sharp decline in K/9 in 2011, he becomes more risky than usual.

162. Blake Beavan: Elite control should keep his WHIP solid, but lacks strikeout upside of any kind.

163. Brian Matusz: In 49.2 innings in 2011, Matusz finished with a 10.69 ERA and a 2.11 WHIP. Bad luck and injuries were the main cause of such awful numbers, but his skills regressed as well. His .382 hit rate, 56% strand rate, and 20% HR/FB rate were historically unlucky, and his xFIP 5.22. His luck should be better and his skills should improve, but he still figures to hurt your ERA and WHIP. Matusz is only an end-game flier in leagues of extreme depth.

164. Brett Anderson: Anderson is worth keeping an eye on once he returns from Tommy John surgery.

165. Randall Delgado: Delgado's strikeout rate didn't translate to the major leagues in 2011, but there is upside if he could find a spot in the crowded Braves rotation at some point in 2012.

166. Nate Eovaldi: Walked way too many hitters in 2011 and doesn't possess high strikeout upside.

167. Jeff Francis

168. Danny Duffy: Good strikeout potential, but beware of the strain he could put on your WHIP.

169. Wade Miley: Not particular strong in any category and upside is limited, though he did show a K/9 spike at triple-A in 2011.

170. Arodys Vizcaino: Plenty of upside with opportunity.

171. Chien-Ming Wang

172. Nick Blackburn: Should be in the Twins rotation to begin 2012, but is an ERA and WHIP killer who offers little in the other categories.

173. Wily Peralta: 56% ground ball rate in minors in 2011 is a positive, also a chance to miss bats, but looks like a candidate to start 2012 in the minors once again.

174. Alex White: Had a 7.01 ERA in 2011, but a 4.92 xFIP. He should improve upon his 4.4 BB/9 as his minor league track record suggests, but still, you are looking at a rough ERA and WHIP.

175. Eric Surkamp: Dominated at double-A in 2011 (10.4 K/9, 2.8 BB/9, 2.37 FIP), but the odd man out in San Francisco's 2012 rotation.

176. Zach Stewart: His peripherals weren't bad in 2011, but he has always given up an abnormally high hit rate, which unfortunately makes him a WHIP destroyer, which limits his fantasy upside.

177. Jordan Lyles: Lyles wasn't terrible in his 2011 debut, finishing with a 6.4 K/9 and 2.5 BB/9, and his 4.13 xFIP suggests he was somewhat unlucky, but he could be the odd man out in Houston's opening day rotation.

178. Daisuke Matsuzaka: Recovering from Tommy John surgery. Expect a poor ERA and WHIP once he comes back.

179. Kyle Wieland

180. Rubby De La Rosa: Will miss much of the year recovering from Tommy John surgery. Has strikeout upside, but at the expense of WHIP. Don't expect a return to his 2011 skills right away.

181. Mike Montgomery: His real baseball upside is better than his fantasy upside as he shouldn't strikeout a ton of hitters, and should be a WHIP risk as well as his 1.50 WHIP at triple-A in 2011 highlights.

182. Carlos Carrasco: Will spend most of the 2012 season recovering from Tommy John surgery, and command will be a concern once he returns.

183. Kyle Drabek: Sub-1.0 K/BB rate in the majors in 2011, and was just as bad after being sent down to triple-A. Still talented, but virtually no positives to take from his 2011.

184. Andrew Miller: Career ERA: 5.79, career WHIP: 1.82. Not much reason to expect improvement. The upside here is that he doesn't make a rotation.

*Javier Vazquez would rank on the edge of the top-60 starting pitchers should he decide to play in 2012.

All rankings are based on standard mixed 5x5 rotisserie leagues (R, HR, RBI, SB, AVG, K, W, SV, ERA, WHIP).

Follow Jesse on Twitter @JesseSakstrup