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Notes -
The term originates from sabrmetrics (Society of American Baseball Research), which is a set of derived baseball statistics developed starting in the 1980s or 1990s. In baseball terms, 'replacement level' refers to the average player that you could get at a certain position from the next league below - basically the default freely available player if you had no other options. Then the associated term 'value over replacement player' (VORP) would be how much better a specific player is than that freely available guy from the lower league. It is possible to have negative VORP if you are worse than a random guy from the lower league, which does happen (less frequently in modern times) due to contracts/non-performance factors.
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