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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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 first batch of players. Read the rest of this entry »

I’m sorry in advance. That guy you like, your favorite young star on your favorite team? I ranked him too low. I missed something, I’m biased, I just don’t know enough about baseball. Have I even been to a game? Do I understand what it takes to win? That guy’s a stud and I’m treating him like a chump. And have you seen the terrible players I put above him? Shocking!

Now that we’ve gotten that out of the way, welcome to the 2023 edition of our annual Trade Value Series. Starting today and continuing all week, we’ll release our list, taking player performance, age, and contract into account. Dave Cameron, Kiley McDaniel, Craig Edwards, and Kevin Goldstein have all run this show in years past; this is my second year at the helm.

Luckily for you (and those poor players I’ve disrespected), I didn’t have to do this on my own; I got an absolute ton of help. First, I gathered every possible input I could think of: age, contract status, measures of current production, estimates of future production, Statcast data, pitch-level modeling, Zodiac sign, and positional scarcity. From there, I got feedback from the rest of the FanGraphs staff (special thanks here to Dan Szymborski for his ZiPS assistance and Meg Rowley for being a frequent sounding board as I hemmed and hawed over the list in progress) to form a rough ranking. Then I got some feedback from external sources to further hone in on a final order. The input from all those sources was useful and much appreciated, but make no mistake, this is my list. Read the rest of this entry »

Welcome to an All-Star week edition of Five Things, my weekly column that looks at whatever caught my eye in the last week. As always, thanks to Zach Lowe of ESPN for the column idea. One piece of feedback I frequently get on this series is that I’m not paying enough attention to the big stars. It’s true; we’re not exactly short on Shohei Ohtani coverage here at FanGraphs, and I’m one of those hipster-y baseball watchers who loves a fourth outfielder more than your average fan. This week, though, I thought I’d do something a little different. In celebration of the All Star game, which is perennially one of my favorite events despite the low stakes, here are five things I like about huge stars. Read the rest of this entry »

I don’t want to be rude, but here’s a fact of life: I pay less attention to the Nationals than the average team in Major League Baseball. It’s not because I have a grudge against them or anything; I went to college in Virginia and have a ton of family in the D.C. area, so I know an absolute ton of Nats fans. They’re just not that interesting at the moment, and there’s a lot of baseball to watch, so someone has to slide down the priority queue.

When I have paid attention to the Nationals, though, I’ve liked what I’ve seen. I thought they made some smart signings this offseason. They’ve done a good job of giving plenty of playing time to interesting players. Lane Thomas might never have found a regular home if the Nats hadn’t come calling, Joey Meneses is being given every chance to play out of a season-starting slump, and Hunter Harvey looks like a nice bullpen arm for the trade deadline.

In my chat this week, someone mentioned that the Tigers would be in the thick of the AL Central race if they’d merely held onto Jeimer Candelario and Isaac Paredes. And that drove a realization for me: Candelario looks good again. Is he the real deal? Can some contending team plug him in at third base and have an All-Star–level contributor? Let’s find out. Read the rest of this entry »

Read the rest of this entry »

It’s been a topsy-turvy year in baseball, at least from a team perspective. Shohei Ohtani is still great, and so are Ronald Acuña Jr. and Juan Soto, but the teams leading the charge look nothing like last year’s playoff hopefuls. The Rangers, Diamondbacks, and Reds are in first place in their respective divisions. The Orioles are in second place but sport the third-best record in the game.

In a lot of ways, those teams are doing well because they have great players. That’s just kind of how it works, you know? You don’t get good by having a pile of bad players. That makes it harder to suggest clean upgrades. Sure, occasionally you get a situation like Texas’ outfield mishmash or the back end of Cincinnati’s rotation, but for the most part, “how do we get good players to upstart teams?” is a self-solving problem. The teams are good because they have good players, and there’s just no need to complicate it more than that.

A lot of the good hitters and starters now are the same guys who were good half a decade ago, so teams build their farm systems accordingly. Each of these four surprising teams has core position players and starters who will be there a while. Gunnar Henderson and Adley Rutschman, Corbin Carroll and Zac Gallen, Marcus Semien and Corey Seager, the entire Reds infield: they’re pillars of their respective franchises. Read the rest of this entry »

Bryce Miller led off last Friday’s game with a fastball to Yandy Díaz. He missed low and away, and Diaz took the pitch for ball one. Miller came back with another fastball, wildly away, then another one low to send the count to 3–0. But then things turned. He threw another fastball right down the middle for strike one, fired one past Díaz for strike two, and finally threw a perfectly-located missile that Díaz waved through. Six pitches, six fastballs, and one out: it’s exactly how Miller drew it up at home.

The rest of the first inning held more of the same. He threw Wander Franco three straight fastballs to garner another strikeout, one that Luke Raley tapped into play (he reached on a fielding error), then six straight fastballs to Randy Arozarena to duplicate the 3–0-to-strikeout path he’d walked against Diaz. All told, Miller threw 16 fastballs in the first inning and nothing else whatsoever.

To some extent, this was an unsurprising tactic. Miller boasts one of the best fastballs in baseball, period. It’s one of those mindbending pitches that seems to defy gravity by rising out of its path halfway to home plate. Whether you’re looking at it statistically or visually, it’s hard to find faults. He’d used it nearly two-thirds of the time heading into last Friday’s game. Read the rest of this entry »

The Dodgers came into 2023 with a ton of question marks. Was a platoon of James Outman and Trayce Thompson truly the answer in center field? Was Miguel Rojas a sufficient backstop given Gavin Lux’s injury? Was Jason Heyward’s bat salvageable, and where would he play if it was? Was Miguel Vargas ready? The offense was hardly up to the standards of the team’s recent run.

They didn’t answer all those questions positively, but with the benefit of hindsight, the offense seems fine. The team is hitting a collective .243/.328/.446, good for a 110 wRC+. They’re one of the best baserunning teams in baseball. Mookie Betts can play shortstop now, which is neat. But they’ve exchanged those worries for one that has dogged every team in baseball over the years: Is there enough starting pitching to go around?

In the past week, the Dodgers were dealt two more blows on that front. One is a bump in the road: Clayton Kershaw’s sore left shoulder sent him to the IL Monday, where he hopes to make a minimum 15-day stay. That’s mildly concerning, but if Kershaw and the Dodgers are right, it’s just a temporary setback. One of Kershaw’s potential replacements got far worse news, however. Yesterday, the club announced that Dustin May will have elbow surgery to repair his flexor tendon, which means he’s done pitching in 2023. Read the rest of this entry »

Welcome to another look at five things that caught my eye in baseball this week. As usual, I’m following a template set by Zach Lowe, who is great at his job and popularized the concept. Summer doldrums are here for many teams, but nearly everyone is in the race and there’s still plenty of fun baseball happening. I was particularly drawn to two young catchers this week, as well as two key members of the 2019 World Series winning Nats and some great baserunning. A quick programming note: I’m spending this whole weekend on vacation and not watching any baseball, so this column will take a break next Friday and return the following week. Let’s get started.

1. Patrick Corbin (Briefly) Returning to Form
I won’t surgarcoat this – Patrick Corbin has been one of the worst starters in baseball over the past three years. He went from key cog in the Nats’ World Series machine to a guy who couldn’t buy an out in seemingly no time at all. He has a 5.89 ERA since the start of 2021. The only worse marks posted by a pitcher with 200 or more innings belong to Dallas Keuchel, who played himself out of baseball with remarkable speed in 2022, and ex-teammate Chad Kuhl, who got released earlier this week. Keuchel accrued his 6.35 ERA over 222 innings; Corbin has thrown a remarkable 421. He’s actually among the top 25 starters in innings pitched over those years, despite the eye-watering ERA. Read the rest of this entry »