Adjusted OPS (OPS+)
OPS+, Adjusted OPS, is a closely related statistic. OPS+ is OPS adjusted for the park and the league in which the player played, but not for fielding position. An OPS+ of 100 is defined to be the league average. An OPS+ of 150 or more is excellent and 125 very good, while an OPS+ of 75 or below is poor.
The basic formula for OPS+ is
where *lgOBP is the park adjusted OBP of the league (not counting pitchers hitting) and *lgSLG is the park adjusted SLG of the league.
A common misconception is that OPS+ closely matches the ratio of a player's OPS to that of the league. In fact, due to the additive nature of the two components in OPS+, a player with an OBP and SLG both 50% better than league average in those metrics will have an OPS+ of 200 (twice the league average OPS+) while still having an OPS that is only 50% better than the average OPS of the league. It would be a better (although not exact) approximation to say that a player with an OPS+ of 150 produces 50% more runs, in a given set of plate appearances, as a player with an OPS+ of 100.
Read more about this topic: On-base Plus Slugging
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