I'm sure this is going to wander a bit, my apologies...
Again, scratched record cynicism here... but I'm sort of at the point where I almost don't care about the farm system's "ranking". I know, there's a crowd that will laugh at the overwhelming stupidity of that narrow-minded sentiment.
I say almost because, well, sure... it's nice to hear they're supposedly stockpiling prospects. Better than not I suppose. But, with the manner in which the Orioles / Elias are currently approaching it, it comes at the "expense", or trade-off, or whatever we want to call it... of flat out, completely, blatantly ignoring the regular season fortunes of the major league club for X number of years. Nobody really knows what the value of X is. And we're supposed to be okay with it. We can hypothesize that they're going to "hit" on a high percentage of these guys, and in a year or three or five, they'll be contending for division, AL, and WS titles again. Maybe. I hope so. I really do. What frustrates me is the hype / spin that it's a foregone conclusion that "it will work". Or that it's inarguably the "best way" to go about it. It might not work. I mean, for every prospect / highly ranked prospect that's become at least a serviceable major league regular, there are many many more who never get there for whatever reason. Some flaw in their game that they never get over to succeed at the top level, mis-use, poor evaluation / labeling, injury, drive / motivation, you name it...
I used to be one of those guys who knew every name in the system, followed their progress, saw 3 or 4 quality starts in a row from some dude in AA as a harbinger of future ML All-Star appearances, etc. It's been more than a few years now since I invested that much attention in that stuff. I know that for most of the last two decades, the overall system perception has ranged anywhere from mediocre at best, to atrocious at worst... and usually closer to the latter.
But here's the thing... the vast majority of "fans" are fans of the major league team, and have a slight vested interest in the minors. The lack of success (or arguably competence) at the major league level for MOST of the last 23 regular seasons, sort of leaves me soundly in the "show me first" category before I believe or buy in to anything really. That's probably true for the vast majority. And that vast majority is what drives ticket sales, TV ratings, merchandise sales, advertising revenue, etc.
Alex Cobb isn't a likely future (or past) Cy Young winner, and nobody to cry over losing (most likely). And it's a little hypocritical to say this in light of my soon-to-come point... but if someone gave me free tickets to go watch the Orioles play someone and he was on the hill that night, well, at least he has a track record of competency on the hill. I might go with a little more optimism. A guy who is a career 16-11 with a 3.40-ish ERA vs BOS and NYY... okay, if he has his stuff that night, they have a chance. I want to go when they "have a chance". I don't demand playoff births or titles, I demand a good faith effort to field a team that has a chance. Granted, we also know that he posted a career 3.50 ERA and 1.21 WHIP prior to wearing our orange and black, and transformed to a 5.10 ERA and a 1.42 WHIP in the colors. Which is almost the expectation now... but I don't want this Alex Cobb point in the Alex Cobb thread to become bigger than I really mean it to be.
Where was their farm system ranked prior to the brief return to contention in 2012? I don't recall it being very highly touted overall, I really don't. Maybe I'm wrong? I recall a smattering of home-grown players, and a handful of trade / FA acquisitions forming a solid core. And they carpet bombed the leftover / strectch FA market where a few bats / arms paid short-term dividends. They averaged 89 wins a year over 5 years. Fun times. Now, had they also invested more in the international market, scouting, etc. back then too, maybe the organization wouldn't have been left aging and almost barren when the gas ran out on that group. I'm not going to belabor the "who did more to make that happen" debate... only pointing out that they didn't need to basically flush every single quality major league player they had to save money and plant a billion seeds... to become a legit, competent, competitive team for a handful of years.
I see a bit of chicken vs. egg situation too... let's say they have a handful of prospects hit the major league level and start to produce in, oh, 2023? How quickly do we think the fans are going to start pouring back in to the park? Ignoring COVID for a minute, or let's assume it is a non-issue by fall (2021 is a wash there). Their attendance in 2019 topped only Tampa and Miami on average, and while I can't prove it... I'd bet a lot that 30-40% of those seats sold were empty every night, just statistics in a batch of long-held corporate ticket plans that nobody was using. So... when it comes time for the Orioles to "spend more" to supplement this hypothetical core of saviors... does the excuse then become "Well, we haven't seen the ticket sales we need to spend more money"? Note, they are really eager to embrace their "small market" label while ignoring the larger market they still mostly own the lion's share of thanks to MASN. What has to happen for them to draw 2 million again? Or 2.4 to 2.6 million, like they did in 2005 & 2013/14, with the Nationals existing down the parkway? Can they generate enough excitement first to bring the fans back, to allow them to follow through on the veiled promise of "spending later"?