2023 Trade Value: Nos. 31-40

Nick Turchiaro-USA TODAY Sports

As is tradition at FanGraphs, we’re using the lead-up to the trade deadline to take stock of the top 50 players in baseball by trade value. For a more detailed introduction to this year’s exercise, as well as a look at the players who fell just short of the top 50, be sure to read the Introduction and Honorable Mentions piece, which can be found in the widget above.

For those of you who have been reading the Trade Value Series the last few seasons, the format should look familiar. For every player, you’ll see a table with the player’s projected five-year WAR from 2024-2028, courtesy of Dan Szymborski’s ZiPS projections. The table will also include the player’s guaranteed money, if any, the year through which their team has contractual control of them, last year’s rank (if applicable), and then projections, contract status, and age for each individual season through 2028 (if the player is under contract or team control for those seasons). Last year’s rank includes a link to the relevant 2022 post. Thanks are due to Sean Dolinar for his technical wizardry. At the bottom of the page, there is a grid showing all of the players who have been ranked up to this point.

One note on the rankings: Particularly at the bottom of the list, there isn’t a lot of room between the players. The ordinal rankings clearly matter, and we put them there for a reason, but there isn’t much of a gap between, say, the 39th-ranked player and the 60th. The magnitude of the differences in this part of the list is quite small. Several of the folks I talked to might prefer a player in the honorable mentions section to one on the back end of the list, or vice versa. I think the broad strokes are correct, and this is my opinion of the best order, but with so many players carrying roughly equivalent value, disagreements abounded.

With that out of the way, let’s get to the next batch of players.

Five-Year WAR 11.3
Guaranteed Dollars
Team Control Through 2028
Previous Rank
Year Age Projected WAR Contract Status
2024 25 2.3 Pre-Arb
2025 26 2.3 Pre-Arb
2026 27 2.3 Arb 1
2027 28 2.2 Arb 2
2028 29 2.2 Arb 3
Pre-Arb
Arb

I’ll be honest up front: This is one where my initial evaluation differed from the crowd, and I think the crowd is right. I had Brown right on the fringe of the top 50, but everyone really loves his fastball shape, and that’s a big tiebreaker in pitching evaluation these days. It doesn’t hurt that his slider consistently tops 90 mph, and he even has a huge 12-6 curveball to complete the package. Some pitchers need to maximize their best pitch to excel; Brown has the luxury of multiple standout options, which broadens his path to success. He could turn into a fastball-slider monster in the Justin Verlander mold (hey, have you guys heard he throws like Verlander?), or emphasize his two breaking balls like Clayton Kershaw.

Obviously, Brown isn’t on that level just yet. He almost certainly won’t ever reach that level. Compare him to Bryce Miller, someone I’d previously grouped him with, though, and you can see what I mean. If Miller’s good, it will be because of his fastball. If that fastball isn’t quite up to snuff, it won’t work. Having two ways to succeed means Brown’s floor is higher than you might think; he’d need to experience multiple points of failure before things went irreparably wrong, and that counts for a lot when we’re talking about this many years of team control.

If Brown is even just an average pitcher – and he’s been much better than that this year – he’s valuable for the sheer length of time he’ll be around. The combination of length and a low chance of failure resonates with me. One last point in his favor? He’s been consistently improving his greatest weakness — command — since reaching the big leagues. I’m not sure what Brown will look like as a finished product, but I feel good about the fact that he’ll be a solid pitcher one way or another.

Five-Year WAR 15.2
Guaranteed Dollars
Team Control Through 2026
Previous Rank #27
Year Age Projected WAR Contract Status
2024 25 3.1 Arb 1
2025 26 3.1 Arb 2
2026 27 3.1 Arb 3
Arb

I put Kirk 39th because “confused shrug” isn’t a valid ranking. He looked like a great hitter who needed to figure out how to play defense last year, but he’s gone ice cold offensively in 2023, and the way it’s happening has to worry the Blue Jays. He’s always hit too many grounders, but the power he got to despite that batted ball mix has vanished. His thump is more gap-to-gap than over-the-wall, so a step down leaves him blooping and grounding his way to a desultory offensive line.

Why not lop him off the list entirely, then? For someone who had a lot of DH risk as a minor leaguer, Kirk has adapted to the rigors of major league catching pretty well. He’s a solid blocker and an average thrower, neither of which looked likely two years ago. He also displays good receiving instincts. Alejandro Kirk, above-average defender? I still don’t quite believe it, but it seems like more of a possibility than I thought it was a year ago.

Meanwhile, I don’t know what weird malaise he’s working through offensively, but he hit so much in the minors and in previous major league seasons that I don’t mind betting on a rebound. He’s now displayed the capability to hit and field a premium position. That’s a rare combo, and he’s under team control for so long still that this is as low as I could put Kirk on the list, awful season and all.

Five-Year WAR 9.6
Guaranteed Dollars
Team Control Through 2029
Previous Rank
Year Age Projected WAR Contract Status
2024 23 1.6 Pre-Arb
2025 24 1.8 Pre-Arb
2026 25 1.9 Pre-Arb
2027 26 2.1 Arb 1
2028 27 2.2 Arb 2
Pre-Arb
Arb

Neto is the player I feel least sure of on this entire list. The reason is likely obvious: He has almost no track record to speak of. He was the Angels’ first pick in the 2022 draft and already has more major league plate appearances than minor league plate appearances. That makes for a lot of uncertainty about whether he’s as good as he’s looked so far this year, and as you can see, ZiPS isn’t quite bought in yet.

Ultimately, though, both scouts and defensive evaluation systems think Neto is a solid shortstop, and that goes a long way towards making me comfortable. He hit well in his minor league stopover, and his underlying statistics look right at home in the majors. He has roughly average raw power, but a good sense of the strike zone makes his in-game output better than you might expect. I think he’ll post average or better walk rates in the long run, though likely with his fair share of strikeouts as well.

That might not sound exciting, but an average bat/average glove shortstop is something like a three-win player annually. Neto won’t hit free agency until after the 2029 season; that’s a lot of production even if he doesn’t turn into a perennial All-Star. I dropped him down a bit just because of the short track record and associated risk of becoming a bust, but multiple people I talked to would have grouped him up with Matt McLain and Anthony Volpe, who (spoiler alert) appear higher on this list.

Five-Year WAR 12.9
Guaranteed Dollars
Team Control Through 2027
Previous Rank #18
Year Age Projected WAR Contract Status
2024 26 2.7 Pre-Arb
2025 27 2.8 Arb 1
2026 28 2.7 Arb 2
2027 29 2.5 Arb 3
Pre-Arb
Arb

Ah, last year’s Zach Neto. That’s not a perfect comparison – Peña is older, for one thing – but Peña burst onto the scene last year as a plus fielder who could hit a little. Like I mentioned, a huge chunk of team control for a player who can handle shortstop without embarrassing himself offensively is a combination that will always be in demand. And I think Peña is a lot better than unembarrassing defensively, even if Statcast is down on his 2023 performance so far.

In Peña’s case, “can he hit” is still an open question. He’s tremendously aggressive at the plate, which leads to bad swings and weak contact. He’s been strangely inept against fastballs this year, a trend I don’t think will continue, but he needs to do damage on them to make up for all those flailing swings at breaking balls below the zone.

If you told me that Peña was guaranteed to post an exactly average batting line, this is where I’d place him on the list. In the real world, where nothing is set in stone, the upside case (he posts a 120 wRC+, making him incredible) doesn’t feel particularly likely, but it’s still in play. The downside case (he posts an 80 wRC+, making him uninteresting) is definitely real, and his approach exacerbates its likelihood. He’s a good reminder to pump the brakes just a little when a rookie bursts onto the scene – but he’s also a reminder that good shortstops are valuable even when they’re slumping.

Five-Year WAR 17.8
Guaranteed Dollars
Team Control Through 2027
Previous Rank #14
Year Age Projected WAR Contract Status
2024 24 3.2 Pre-Arb
2025 25 3.5 Arb 1
2026 26 3.6 Arb 2
2027 27 3.7 Arb 3
Pre-Arb
Arb

I love a shiny prospect as much as the next analyst. Witt fits that bill; he has game-breaking speed and power at a premium defensive position. He hit 20 bombs and stole 30 bags last year, and he might go 20/40 or even 30/50 this year. He’s a fantasy beast, no doubt – but I’m starting to wonder whether those drool-worthy counting statistics will translate into real-world value.

You’d like to pair Witt’s blazing baserunning skills with a high OBP, but that doesn’t seem likely given his career so far. He swings a lot and makes only average contact, which means he doesn’t walk much but still strikes out fairly often. And his homers come from an aerially-oriented approach, so it’s not like he can easily boost his power by lifting and pulling more frequently.

ZiPS, not to mention a few of the human evaluators I spoke to, thinks I’m too low on Witt and maybe I am. His defense grades out much better this year, and it always made sense that someone with his natural gifts would be a capable shortstop. But he was an absolute butcher in 2022 and I think a responsible estimate of his future defense would wind up somewhere south of average. If he’s an asset in the field, it takes a lot of pressure off of his hit-or-miss offense.

At the end of the day, most of the arguments for putting Witt higher on this list come down to things he hasn’t done yet. The tools are all there. Now we just need to see it for more than a few hot weeks at a time. I think there’s a decent chance of Witt making me look foolish in a year, but after 1,000 plate appearances of average hitting, I need to see a little more.

Five-Year WAR 14.7
Guaranteed Dollars
Team Control Through 2025
Previous Rank #9
Year Age Projected WAR Contract Status
2024 25 3.0 Arb 2
2025 26 3.3 Arb 3
Arb

One concept that got a lot of play, both in my head while I made this list and in my conversations about it as I gathered feedback, is what I like to call the first base dead zone. It works like this: If you’re a true talent 140 wRC+ hitter at first base, you’re a franchise cornerstone. Drop that mark to 120, though, and you’re a role player. Christian Walker, Josh Naylor, Rhys Hoskins, Brandon Drury, Anthony Rizzo — none of those guys really get your blood pumping, do they? They’ve all put up a wRC+ between 120 and 125 combined across 2022 and 2023.

The margin is slim; Freddie Freeman, Matt Olson, and Paul Goldschmidt are stars. That’s why I had Vlad ninth on this list last year, and why he’s been a fixture towards the top since he debuted in the majors. His 2021 season and his status as a once-in-a-decade prospect cast long shadows. If you think he’s basically a toned-down version of 2021, this is too low.

Maybe he is, but he hasn’t showed that world-conquering form recently. Since the start of the 2022 season, he’s barely inside the top 10 for wRC+ among qualified first basemen. He’s not going to be around forever; he’ll hit free agency after the 2025 season. He’s not a huge bargain, either; he’s making $14.5 million in arbitration this year, and that’s only going to go up. He also has nowhere to hide defensively; when he has a down offensive stretch, there’s nothing to cushion it.

His Statcast numbers this year are great. He’s a star. I just don’t believe that teams are lining up to trade for a first baseman whose bat is anything less than generational. There are only two players with similar defensive value to Vladito higher on this list and their bats are clearly superior. I’m not saying he isn’t capable of those heights, but he’s not achieving them at the moment, and this year is a meaningful chunk of his remaining team control.

Five-Year WAR 13.6
Guaranteed Dollars
Team Control Through 2026
Previous Rank #50
Year Age Projected WAR Contract Status
2024 29 3.5 Arb 2
2025 30 3.2 Arb 3
2026 31 2.7 Arb 4
Arb

It’s kind of wild looking at Arozarena’s career batting numbers. He’s been really good in each of the last three years, and that excludes his white-hot 2020 postseason. In 2023, he’s added OBP to the mix, walking more without sacrificing his fastball-destroying aggression. He’s a top-25 hitter in baseball, maybe better than that, and the track record is too long to ignore at this point.

Case in point: compare his ZiPS projections to Guerrero’s. They’re essentially the same, but Arozarena comes with an extra year of team control and his salary will be meaningfully lower. Sure, he’s older, but you’re not signing him for 10 years; a team trading for him would get the tail end of his peak.

That first base dead zone I mentioned earlier? I think ability to play a passable left field keeps him clear of it. For now, at least, his offense does too. I’m sure this will be an unpopular ranking (Arozarena’s place at the bottom of last year’s list is perhaps the most derided trade value inclusion since I’ve worked at FanGraphs), but let me put it this way: No one I talked to thought he was a reach. If you’re thinking this is just another case of the Rays squeezing everything they can out of a limited skill set, you may not have looked at Arozarena’s on-field production enough.

Five-Year WAR 14.3
Guaranteed Dollars
Team Control Through 2027
Previous Rank HM
Year Age Projected WAR Contract Status
2024 27 3.3 Pre-Arb
2025 28 3.1 Arb 1
2026 29 2.9 Arb 2
2027 30 2.6 Arb 3
Pre-Arb
Arb

Gilbert is in a different tier, value-wise, than everyone who came before him. I guess that means there are 33 no-doubt ultra-valuable players in baseball this year. The guys ranked 34th to 60th are kind of a crapshoot, and anyone who says they have the perfect order for those players is kidding themselves, me included. Now, though, we’re getting to the good stuff.

Controllable pitching is really valuable. Good controllable pitching? Now we’re cooking with gas. Gilbert is working on his third straight season of a mid-3.00s FIP, and he’s durable to boot. I’m not sure he’ll ever turn into a fire-breathing monster of an ace, but there’s at least a chance of it. He’s throwing a new hard slider and a new splitter this year, and they both look better than his previous set of secondaries. He’s always had great command and a solid fastball; if the whole package gels, look out.

Of course, the whole package doesn’t have to gel for Gilbert to be worth it. He’s going to be around for a long time, for not very much money, and everything in his track record suggests that he’ll be a valuable contributor that whole time. Players like this don’t come along every day, and when they do, teams generally clutch them like pearls.

Five-Year WAR 16.4
Guaranteed Dollars $96.6 M
Team Control Through 2027
Previous Rank
Year Age Projected WAR Contract Status
2024 31 4.2 $24.1 M
2025 32 3.8 $24.1 M
2026 33 3.3 $24.1 M
2027 34 2.8 $24.1 M
2028 35 2.3 $25.0 M
Vesting Option

As DJ Khaled would say, another one. Seattle has a lot of good pitchers who will be around for a while, though Castillo doesn’t come at the same bargain rates as Gilbert. The upside, though? I have little doubt that Castillo will deliver All-Star level value for as long as he’s healthy. He’s remarkably consistent, tracking for 3.5-4.5 WAR in each of the past five years. He’s durable. And he’s not doing it with smoke and mirrors; he has multiple plus secondaries and his fastball misses bats at an outrageous rate.

Will Castillo ever win a Cy Young? I doubt it. Will he finish as a top-30 pitcher in baseball every healthy year of his contract? I think so. When you look at what teams are willing to pay for reliable starters, Castillo’s value stands out even more. He’s making Chris Bassitt money, upscale Taijuan Walker money, slightly-more-than-Jameson Taillon money. He’s miles better than those guys.

I flipped Castillo and Gilbert back and forth while constructing these rankings, and I think that a lot of the arguments in favor of one also accrue to the other. In the end, I put Castillo ahead even though he’ll almost certainly generate fewer WAR per dollar of salary. Surplus value is nice, and I obviously used it as an input, but I just think Castillo is better by enough to justify the higher salary. It’s close (and it’s also academic — Seattle isn’t trading either of them), but if you’re wondering how I decided to order these two, there’s your answer.

One quick note: It’s not a perfect comp, but Castillo got traded last deadline for a big return. He’s more valuable than that now, presumably; his contract compares favorably to pitchers of his skill level and it’ll keep him in the same uniform for quite a while without being long enough to turn into an albatross. Players on this list mostly don’t get traded, but he’s a case where we have real-world evidence of what he’s worth.

Five-Year WAR 18.4
Guaranteed Dollars $14.0 M
Team Control Through 2027
Previous Rank #16
Year Age Projected WAR Contract Status
2024 27 4.2 $7.0 M
2025 28 4.0 $7.0 M
2026 29 3.7 $7.0 M
2027 30 3.5 $7.0 M
Team Option

A trade value stalwart, Albies signed a ludicrously under-market extension early in his career and has looked like a bargain for the Braves ever since. We’re finally getting towards the end of that contract, and it’s of course been a huge value, just as predicted. No one’s disputing that. The question now is to what degree the tail end will pay off for Atlanta, not whether it will.

Above-average players don’t grow on trees. Albies is a perfect example of an above-average player. He’s been worth 3.4 WAR per 600 plate appearances over the course of his career. Starting in 2020, he’s been worth 3.3 WAR per 600 plate appearances. He can hit a little bit. He can field a little bit. He runs the bases well.

At the end of the day, I feel pretty comfortable about what I’m getting from Albies. He won’t be the best player on a good team, but he’ll be a valuable contributor and save you some money to sign a stud to play alongside him. Stars are awesome — everyone wants stars! — but this next tier down, the guys who are always good and sometimes spike All-Star seasons, is also in high demand, particularly if the price is right.

An optimist might look at Albies’s 2023 statline and say that he’s never put up a higher wRC+ than he has this season. Better times are coming! A pessimist might point out that a 119 wRC+ isn’t an especially great number for a career best, and that he turned in a clunker last year. The truth is that his last two seasons work out to basically his career line. This is just what you’re going to get with Albies, and it’s a pretty nice package on the whole.

2023 Trade Value, 31-50
Rk Pv Player Age 2024 2025 2026 2027 2028
31 16 Ozzie Albies 26 4.2
$7.0 M
4.0
$7.0 M
3.7
$7.0 M
3.5
$7.0 M
32 Luis Castillo 30 4.2
$24.1 M
3.8
$24.1 M
3.3
$24.1 M
2.8
$24.1 M
2.3
$25.0 M
33 HM Logan Gilbert 26 3.3
Pre-Arb
3.1
Arb 1
2.9
Arb 2
2.6
Arb 3
34 50 Randy Arozarena 28 3.5
Arb 2
3.2
Arb 3
2.7
Arb 4
35 9 Vladimir Guerrero Jr. 24 3.0
Arb 2
3.3
Arb 3
36 14 Bobby Witt Jr. 23 3.2
Pre-Arb
3.5
Arb 1
3.6
Arb 2
3.7
Arb 3
37 18 Jeremy Peña 25 2.7
Pre-Arb
2.8
Arb 1
2.7
Arb 2
2.5
Arb 3
38

Zach Neto 22 1.6
Pre-Arb
1.8
Pre-Arb
1.9
Pre-Arb
2.1
Arb 1
2.2
Arb 2
39 27 Alejandro Kirk 24 3.1
Arb 1
3.1
Arb 2
3.1
Arb 3
40 Hunter Brown 24 2.3
Pre-Arb
2.3
Pre-Arb
2.3
Arb 1
2.2
Arb 2
2.2
Arb 3
41 HM Hunter Greene 23 2.5
$3.3 M
2.6
$6.3 M
2.7
$8.3 M
2.8
$15.3 M
2.7
$16.3 M
42 38 Oneil Cruz 24 2.1
Pre-Arb
2.4
Pre-Arb
2.6
Arb 1
2.9
Arb 2
2.5
Arb 3
43 HM Jordan Walker 21 0.3
Pre-Arb
0.5
Pre-Arb
0.6
Arb 1
0.7
Arb 2
0.8
Arb 3
44 33 Cedric Mullins 28 3.4
Arb 2
2.9
Arb 3
45 Joe Ryan 27 2.4
Pre-Arb
2.2
Arb 1
1.9
Arb 2
1.6
Arb 3
46 Spencer Steer 25 2.1
Pre-Arb
2.1
Pre-Arb
2.0
Arb 1
1.9
Arb 2
1.8
Arb 3
47 Lars Nootbaar 25 2.3
Pre-Arb
2.5
Arb 1
2.5
Arb 2
2.2
Arb 3
48 15 Ke’Bryan Hayes 26 2.5
$7.0 M
2.5
$7.0 M
2.1
$7.0 M
2.0
$7.0 M
1.7
$8.0 M
49 Josh Jung 25 2.6
Pre-Arb
2.6
Pre-Arb
2.6
Arb 1
2.4
Arb 2
2.2
Arb 3
50 James Wood 20 0.9
Pre-Arb
1.4
Pre-Arb
1.9
Pre-Arb
2.3
Arb 1
2.7
Arb 2
Pre-Arb
Arb
Team Option
Vesting Option





Ben is a writer at FanGraphs. He can be found on Twitter @_Ben_Clemens.

185 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
zstam
1 year ago

I’m really curious to hear the argument as to why Luis Castillo is here but guys like Betts, Freeman, Trout, and freaking Kevin Gausman aren’t allowed on the list because of their contract.

Gausman is LITERALLY getting paid LESS than Luis Castillo, and he beats him in virtually every category that Fangraphs cares about. FIP, strikeouts, walks, home runs, quality of contact, fastball spin, etc. There is a massive 1.5 run difference in their FIP metrics this season.

Sure, Luis Castillo is signed for one more year than Gausman, but that seems to be getting used against other players with big contracts.

D-Wizmember since 2019
1 year ago
Reply to  zstam

Like Ben said in the preface, Gausman (and the other HMs) are certainly deserving of being on the list, but for these two guys specifically, I’d argue that a year of an ace-level starter (at a reasonable price) makes a big difference in trade value!

zstam
1 year ago
Reply to  D-Wiz

If that’s the case, then why is Freddie Freeman not on the list? He is signed for the same length as Castillo.

Cool Lester Smoothmember since 2020
1 year ago
Reply to  zstam

Because Freeman’s 3 years older, plays 1B, and has a higher AAV.

zstam
1 year ago

You’re missing the fact that he’s also very, very good

Pachoo9member since 2021
1 year ago
Reply to  zstam

But for how long given his age? His age certainly hurts his trade value, coupled with the length and size of his contract. It would make no sense to have him in the top 50 for trade value imo.

Cool Lester Smoothmember since 2020
1 year ago
Reply to  zstam

Castillo may only be very good…but he’s both cheaper and quite a bit younger.

68FCmember since 2020
1 year ago

It seems some people are just dug in on this idea that Freeman is a true talent 7 win player because that is what he’s been for the last 18 months instead of thinking he’s more likely to be true talent 4-5 win player based on his career and age.

Twitchy
1 year ago
Reply to  Ben Clemens

The injury risk in Castillo, that same vesting option you point out, is a reason to be concerned about him, and not necessarily a positive. It’s why Gausman throws way more innings and makes more starts.

If Castillo has TJ, he loses a year that you’re paying a decent amount of money for him. It’s not an “extra year” when you realize he misses at least a full season, and there’s no guarantee he comes back pitching the same.

zstam
1 year ago
Reply to  Ben Clemens

That 2028 option is vested only if he pitches 180 innings in 2027. He will be 34 that season, so it is definitely not a given.

Cool Lester Smoothmember since 2020
1 year ago
Reply to  zstam

…Ben knows the contract terms better than you do, haha.

By definition, the “TJ 25-27”clause must take priority over the “180 IP in ‘27” one.

baubo
1 year ago
Reply to  zstam

I won’t bother comparing with Betts and Freeman since it’s cross positions, but in terms of Gausman comp, Castillo is 2 years younger and has thrown 500 fewer innings. In the pitching world that is a big gap in both injury risk and downside sucking risk.

mattmember since 2023
1 year ago
Reply to  baubo

Castillo’s profile has greatly changed and imo the risk of him not keeping up his current level is huge.

His GB% has nosedived, it hasn’t come with more K’s, the one positive is it has come with more infield pop ups. But he’s giving up a ton more flyballs and barrels now. This could work at safeco but on road will get ugly over a more significant sample. I’d personally not have him on the list.

baubo
1 year ago
Reply to  matt

I don’t know how much of that you can gleam to mean his future is riskier given that it’s half a season and he’s not shown to have an injury. If Seattle put him on the market right now I bet he will still get a huge return. This is the type of stuff where if it continues, he’d just drop out of next year’s list.

zstam
1 year ago
Reply to  baubo

Lost in all of this is the fact that Gausman is straight up the better pitcher though

baubo
1 year ago
Reply to  zstam

By fWAR, yes. But outside of fangraphs and especially once you get into team analytics, I don’t think fWAR is what you’d want to base this argument on. For instance just look at their bWAR for the past 1+ seasons, Gausman is at 5.2 and Garcia is at 6.0. Not saying bWAR is better just that it’s probably not as clear cut or at least Gausman isn’t so far above Castillo that you can ignore the age/mileage on the arm difference.