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And yet, the majority of college players still sit in the minors for 3-4 full seasons these days. The fact that the majority of the guys I list hit the majors by the time they were 22-23, despite being drafted at 20-21... it suggests promoting guys as they seem to be progressing beyond their current level, and when they appear to be capable of making it in the majors.
Look at Baez this year. Drafted last year and played all of 5 games. He's already at high A at the age of 19. If he continues at this pace, he'll be in the majors at 21 in 2014 (possible Sept callup next year... though extremely unlikely). He's not going at an annual step-by-step pace as a cautious "slow approach" would suggest. If Almora moves at a similar pace (which was widely suggested at the time of his drafting... and he happens to be on right now with his promotion to Boise), he could end up in the majors a year earlier than suggest. However, 2016 would still be a fairly quick pace, as it would be only 3.5 years for a high school kid.
It still matters though in terms of development, and is something that shouldn't be glossed over. The Red Sox have were more cautious than the Cubs who pushed anyone who looked like they might be something really quickly through the system. I agree that the 162 thing is overplayed, but their track record suggest that they are more cautious than the Cubs who rushed Patterson, Pie, Castro, and a number of other guys up here.