The Athletics were up 2 games on the Angels in the AL West on July 31, when Billy Beane dealt Yoenis Cespedes to Boston for Jon Lester and Jonny Gomes. Since then, they have been passed by the Angels and now sit 10.5 games back, facing an inevitable one-game wild card playoff, while the Angles have clinched the division. The Cespedes trade has been panned as the reason for this "collapse". I figured something more innocent was the reason for their slide in the standings: regression to the mean. The Athletics still have the best run differential in baseball (+150), although the Angels have significantly caught up (+149).
I calculated the Pythagorean-expected records for the Athletics and compared them with their actual records since the trade deadline:
As seen above, the A's actually have been unlucky (with respect to their expected record) the entire time, but this luck has gotten considerably worse since the trade. They've actually regressed farther from the mean, the opposite of what I expected.
I then compared the Angels's luck to that of the Athletics. As seen above, they're trending in opposite directions, and the wins above/below expected currently stand at LAA: +3.03, OAK: -9.63. The total difference between these is 12.66. So, if both teams were playing to their (considerably high) Pythagorean-expectations, Oakland would be up 2 games: exactly where they were on July 31.
So is the absence of Cespedes the cause of this slide, since the team has actually continued to play worse? This article from CBS Sports provides more accurate reasoning as to why the A's have fared so poorly in the last month and a half:
Did trading Cespedes weaken the A's offense? Absolutely. Is one man responsible for the club suddenly scoring 1.29 fewer runs per game? Not a chance. Even if you fully buy into the idea of lineup protection and all that, slumps like this take a total team effort.