Long after it was first invented, slugging percentage gained new significance when baseball analysts realized that it combined with on-base percentage (OBP) to form a very good measure of a player's overall offensive production (in fact, OBP + SLG was originally referred to as "production" by baseball writer and statistician Bill James). A predecessor metric was developed by Branch Rickey in 1954. Rickey, in Life magazine, suggested that combining OBP with what he called "extra base power" (EBP) would give a better indicator of player performance than typical Triple Crown stats. EBP was a predecessor to slugging percentage.
Allen Barra and George Ignatin were early adopters in combining the two modern-day statistics, multiplying them together to form what is now known as "SLOB" (Slugging × On-Base). Bill James applied this principle to his runs created formula several years later (and perhaps independently), essentially multiplying SLOB × At-Bats to create the formula:
In 1984, Pete Palmer and John Thorn developed perhaps the most widespread means of combining slugging and on-base percentage: OPS. "OPS" simply stands for "on-base plus slugging", and is a simple addition of the two values. Because it is easy to calculate, OPS has been used with increased frequency in recent years as a shorthand form to evaluate contributions as a batter.
Read more about this topic: Slugging Percentage
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