Joba Chamberlain to Start Year in the Bullpen

Word is that Chamberlain will start the year as the Yankees' setup man, rather than a part of the starting rotation. The team plans on sending him to the minors at some point so that he can stretch out his arm and start some games later on in the season. This is certainly a negative when it comes to Chamberlain's fantasy value. It sounds like he'll basically be as valuable as Jonathan Broxton until June, then have no value at all for a little while, and finally, be fairly valuable as a starter for a month or two. So here's an updated projection for Chamberlain:

105 IP, 7 W, 2 SV, 109 K, 3.30 ERA, 1.22 WHIP

That moves him from #146 overall in my rankings to #181. (I had already assumed he wouldn't pitch a ton of innings.)