Unlike with context-neutral statistics like wRC+, RE24 takes the number of outs and number of baserunners into account. It does not assume that all home runs are equal, nor does it treat a strikeout with a man on third base and one out as just another out. The rewards for performing with men on base are higher, and the blame for failing in those same situations is steeper as well. This is a metric that essentially quantifies the total offensive value of a player based on the situations that he actually faced. This is not a theoretical metric. If you hit a three run home run, you get more credit than if you hit a solo home run. If you are consistently getting hits with two outs to drive in runs, you get more credit than if those hits come with no outs and the bases empty. And, of course, it’s only an offensive metric, so there’s no defensive component, no position adjustments, and no replacement level. This is just straight up offense, adjusted for the context of the situations that they faced.