The term "bad answer" has a lot of different meanings, and different types of bad answers should be handled by reviewers and moderators in different ways.
But one principle that we should keep in mind is that we do not expect moderators to be the judge of whether an answer is right or wrong. Moderators are given only one up or down vote, just like any other user, and it is not the moderator's job to delete answers that they believe are wrong.
One type of "bad answer" is the wrong answer. Sometimes you'll be reviewing answers and see that one of them is completely incorrect, in your opinion. However, it is not the moderators job to use their moderator tools to judge the correctness of answers. These answers should not be deleted by a moderator solely because it is incorrect. For anyone reviewing the answer, they can use the downvote button and leave a comment explaining why the answer is incorrect. Leaving incorrect answers in place (properly downvoted and commented) is valuable for the future reader. If one person (the answerer) has the view that that is the correct answer, there are others who will come along in the future and think it might also be the correct answer, and it is valuable for people to see the negative score as well as the rebuttal in the comments.
Editing the answer to say something different than the poster intended is not appropriate, either. It is better to downvote, explain in the comments, and then write your own correct answer (or upvote someone else's correct answer).
Another type of "bad answer" is the incomplete answer. This is an answer that only answers part of the question. We try to limit questions to not be overly broad, but sometime questions will have multiple parts, and sometimes answers will only cover some of those parts. In my opinion, it is not appropriate to delete these, either. We certainly do not want to encourage placing answers in the comments, and by deleting answers because they are not as complete as we would like, we are unintentionally encouraging answer-comments. When it comes to reviewing these, it is really personal preference whether you would like to upvote, downvote, or withhold a vote on these. In general, I personally like to upvote answers that are helpful to the question asker, whether or not they provide a complete answer. But I understand those that like to be more stingy with their upvotes.
A third type of "bad answer" is one that is not an answer. The answerer's post may provide tangential information or opinion, but it does not attempt to answer the question that was asked. These are the answers that generally need moderator action. Deleting the post and/or converting it into a comment are appropriate. If you are not a mod, downvoting, commenting, or flagging are good choices for these.
A fourth type of "bad answer" is the frame challenge answer. A frame challenge is when an answerer is challenging the premise of the question and providing an answer that is different from what the asker might be expecting. In general, this is and should be allowed. It is indeed answering the question, although it might be doing it in a way that is unexpected. As a reviewer, watch for these. If you think it is ultimately providing a wrong answer, then indeed indicate so with your downvote and comment. But don't dismiss it completely as "not an answer" just because it doesn't match what you were expecting.
In conclusion, we need to differentiate between answer posts that are not answering the question, and posts that are answering the question, but just in a way that we don't like. Moderators can and should be removing answer posts that are not intending to answer the question, but if a post is answering the question, it should not be deleted, even if the answer is unexpected, incomplete, or wrong.
Stack Exchange sites like Skeptics and Software Recommendations are unique in that they don't allow general questions on a subject. They have specific purposes and only allow question and answer posts that follow strict guidelines. Those types of restrictions don't apply to most Stack Exchange sites, including Sports.
Let's look at the hypothetical example that you have posed:
Q. Is there any skill behind pitch framing, or is it random? [tag: baseball]
You are imagining that someone could write a detailed answer discussing the technique and maybe even some practice tips, but this may or may not be possible. (I don't know enough about the topic to have an opinion about that.) Let's look at the potential "bad answers" you have imagined:
A. No, there's no skill behind pitch framing. I've been a catcher for ten years in the minor leagues (A-AA ball), and sometimes the umpire calls it a strike and sometimes he calls it a ball - but it doesn't matter what I do.
This is a valid answer to the question, in my opinion. The hypothetical question even offers this as a possibility ("or is it random?"). It is nice when answers have links to outside sources, but we are not Skeptics or Wikipedia; we are supposed to be a site for Sports experts, and we should allow answers that allow the experts to use their real-world expertise.
A. Yes, there's clearly skill. Just look at Tyler Flowers - he's a great pitch framer.
I'm unclear if you were intending for this text to be the entire answer post or simply a summary of what would be said in the hypothetical answer, but the question is ultimately framed as a yes-or-no question, and this is an answer of "yes" with an example. This would not be bad enough to be deleted by a moderator, either.
A. I think that there probably is some skill in pitch framing. Pitch framing is when a catcher moves his glove in a deceptive way to convince the umpire that a ball was a strike when it's actually a ball. This is something you can practice, and get better at. Just like a magic trick, if you practice enough you can get very good at it.
This is a valid answer to the question as well. Again, we want sports experts to use their expertise to answer questions here. A better answer would perhaps offer some real world example of someone who was good at it (like the previous answer), but it does answer the posed question.
A. Pitch framing is unethical, so I don't think we should reward catchers who cheat! If the pitch is a ball, it should be called a ball, and the catcher should just catch it. Why do we give these cheaters a bunch of money?
At first glance, this answer is not attempting to answer the question, but instead offering a tangential opinion about the subject of the question. However, implied in this comment would be the opinion that yes, people can develop this skill. If the answer were edited to explicitly make that the first sentence, and then have the opinion about ethics as the rest of the answer, I would say that this is also a valid answer to the question as asked.
Most Stack Exchange sites do not have minimum outside source citation standards that apply to all questions, and I see no reason that we need them here. Certainly, a well-supported answer is better than one that is not, but we should not be deleting answers that are less than what we see as perfect. The thing that this site needs more than anything else is participation, and deleting posts and closing questions discourages participation very effectively.