For what it's worth, below are Baseball Prospectus's projections for the 2012 season.
Keep in mind that projections are not predictions. They are derived by aggregating the expected performances of each individual player and his projected playing time. Each player projection is a meld of his past performance and the experiences of players like them in the next year of their career.
BP runs a million season simulations and averages them for the numbers you see here.
NL East
Atlanta Braves 88 74 .543
Philadelphia Phillies 88 74 .543
Miami Marlins 87 75 .537
Washington Nationals 83 79 .512
New York Mets 78 84 .481
NL Central
St. Louis Cardinals 88 74 .543
Milwaukee Brewers 86 76 .531
Cincinnati Reds 85 77 .525
Chicago Cubs 74 88 .457
Pittsburgh Pirates 72 90 .444
Houston Astros 62 100 .383
NL West
San Francisco Giants 86 76 .531
Arizona Diamondbacks 85 77 .525
Colorado Rockies 80 82 .494
San Diego Padres 79 83 .488
Los Angeles Dodgers 78 84 .481
AL East
New York Yankees 93 69 .543
Boston Red Sox 88 74 .543
Tampa Bay Rays 86 76 .525
Toronto Blue Jays 77 85 .474
Baltimore Orioles 73 89 .451
AL Central
Detroit Tigers 85 77 .519
Cleveland Indians 80 82 .494
Chicago White Sox 78 84 .481
Minnesota Twins 73 89 .451
Kansas City Royals 67 95 .414
AL West
Texas Rangers 99 63 .611
Los Angeles Angels 88 74 .543
Oakland A's 73 89 .451
Seattle Mariners 70 92 .432
On the other end of the spectrum, it's hard to overstate how little the projection thinks of Houston. To lose 100 games, teams usually experience multiple breakdowns, injuries and unexpected bad play. This projection says the Astros will lose 100 if all goes according to plan. That means a bad season in Houston could mean 110 losses.
The projection sees the Yankees and Red Sox both crushing the ball, but New York doing a much better job of run prevention. (Andy Pettite's return makes little difference in that equation.) It also projects that the Blue Jays' pitching is even more odious than the Orioles', but less putrid than both the Twins' and Royals'. The system has little reverence for the AL Central in general.
With the departure of Roy Oswalt and serious regression from Vance Worley, BP sees the Phillies' rotation as a three-man All-Star Team. It rates the Giants' pitching staff as 19 runs superior, though that may all be ballpark.
These standings suggest rock-'em, sock-'em, top-to-bottom slugfests in the NL East and West, and a three-way dogfight in the NL Central. Not so much in the AL, where the projections, like the Watergate reporters, follow the money.
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