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Overvalued, undervalued pitchers

Hernandez is good -- but he's not as good as fantasy owners seem to think he is. Christian Petersen/Getty Images

Earlier this week, I took a look at which hitters are being overvalued and undervalued in fantasy baseball drafts, and today, we turn to the pitchers.

To do this, I used my ZiPS projections. Adding in playing time -- knowing how players will be utilized is a weakness of computer projections, even complex ones -- I make my own ZiPS fantasy rankings and then compare them to average draft positions. Like all tools, you shouldn't stick to a rigid plan and follow it slavishly, but having as much information at your disposal as you can is what wins leagues.