Base runs (BsR) is a baseball statistic invented by sabermetrician David Smyth to estimate the number of runs a team "should have" scored given their component offensive statistics, as well as the number of runs a hitter or pitcher creates or allows. It measures essentially the same thing as Bill James' runs created, but as sabermetrician Tom M. Tango points out, base runs models the reality of the run-scoring process "significantly better than any other run estimator".
Base runs has multiple variations, but all take the form
Smyth detailed the following forms of the statistic:
The simplest, uses only the most common batting statistics
A = H + BB - HR
B = (1.4 * TB - .6 * H - 3 * HR + .1 * BB) * 1.02
C = AB - H
D = HR
An offshoot includes significantly more batting statistics
A = H + BB + HBP - HR - .5 * IBB
B = (1.4 * TB - .6 * H - 3 * HR + .1 * (BB + HBP - IBB) + .9 * (SB - CS - GIDP)) * 1.1
C = AB - H + CS + GIDP
D = HR
A third formula uses pitching statistics
A = H + BB - HR
B = (1.4 * (1.12 * H + 4 * HR) - .6 * H - 3 * HR + .1 * BB) * 1.1
C = 3 * IP
D = HR
Other sabermetricians have developed their own formulas using Smyth's general form, mainly by tinkering with the B factor.
Because the base runs statistic attempts to model the team run scoring process, a formula cannot be applied directly to an individual player's statistics. Doing this would result in a run estimate for an entire team that puts out the individual's statistics. A workaround for this issue is to find the team's base runs with the player in the lineup and the team's base runs with a replacement level player in the lineup. The difference between these values approximates the individual's base runs statistic.
Base runs was primarily designed to provide an accurate model of the run scoring process at the Major League Baseball level, and it accomplishes that goal: in recent seasons, base runs has the lowest RMSE of any of the major run estimation methods. In addition, its accuracy holds up in even the most extreme of circumstances and leagues. For instance, when a solo home run is hit, base runs will correctly predict one run having been scored by the batting team. By contrast, when runs created assesses a solo HR, it predicts four runs to be scored; likewise, most linear weights-based formulas will predict a number close to 1.4 runs having been scored on a solo HR. This is because each of these models were developed to fit the sample of a 162-game MLB season; they work well when applied to that sample, of course, but are inaccurate when taken out of the environment for which they were designed. Base runs, on the other hand, can be applied to any sample at any level of baseball (provided it is possible to calculate the B multiplier), because it models the way the game of baseball operates, and not just for a 162-game season at the highest professional level. This means that base runs can be applied to high school or even little league statistics.
From the TangoTiger wiki
"Base runs adheres to more of the fundamental constraints on run scoring than most other run estimators, but it is by no means perfectly compliant. Some examples of shortcomings:
One avenue for possible improvement in the model is the scoring rate estimator B/(B + C). There is no deep theory behind this construct--it was chosen because it worked empirically. It is possible that a better score rate estimator could be developed, although it would most likely have to be more complex than the current one."