Archive for 2025 Trade Value

Envelope Please: The 2025 Crowdsourced Trade Value Results

David Banks-Imagn Images

Two weeks ago, we launched our new crowdsourced trade value tool, which aggregated responses to simple “Which of these two players do you prefer?” questions to create a composite trade value ranking across our readership. With your help, we logged nearly 900,000 matchups – 897,035, to be precise. Now that the Trade Value Series is in the books, it’s time to see how the broader FanGraphs audience lined everyone up. Today, I’ll walk you through how to access and interpret your results, which can be found here, and share a few interesting tidbits about the places where the crowd and I agreed or differed.

Let’s start with the exercise itself. We sampled up to 500 results from each user’s set of submissions and threw them all into one big group of matchups. We ordered those matchups randomly, then used Elo ratings to turn the matchups into an ordered list. Then we redid the random ordering a total of 100 times and averaged the results, which got rid of Elo’s bias towards more recent matchups. That created a list of the crowd’s aggregate preferences. When you open the above link, the first thing you’ll see is your own results in full. I, for example, came pretty close to matching my official list:

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2025 Trade Value Series Chat

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2025 Trade Value: Nos. 1-10

Ron Chenoy-Imagn Images

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 2026-2030, 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 2030 (assuming the player is under contract or team control for those seasons). Last year’s rank includes a link to the relevant 2024 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.

A note on the rankings: As we reach the top of the list, the tiers matter more and more. There are clear gaps in value. Don’t get too hung up on what number a player is, because who they’re grouped with is a more important indicator. There are three distinct tiers in today’s group of 10 players, and I think they have clearly different valuations; I’d prefer everyone in a given tier over everyone below it, but I’m far less certain within each group. There’s one exception here: the second- and third-ranked guys absolutely belong at the top of their tier. I’ll note places where I disagreed meaningfully with people I spoke with in calibrating this list, and I’ll also note players whose value was the subject of disagreement among my contacts. As I mentioned in the Introduction and Honorable Mentions piece, I’ll indicate tier breaks between players where appropriate, both in their capsules and bolded in the table at the end of the piece.

With that out of the way, let’s get to the final batch of players. Read the rest of this entry »


2025 Trade Value: Nos. 11-20

Denis Poroy-Imagn Images

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 2026-2030, 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 2030 (assuming the player is under contract or team control for those seasons). Last year’s rank includes a link to the relevant 2024 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.

A note on the rankings: As we ascend towards the top of the list, the tiers matter more and more. There are clear gaps in value. Don’t get too caught up on what number a player is, because who they’re grouped with is a more important indicator. Today, the rankings pivot around Tarik Skubal. The players listed ahead of Skubal belong in a different tier than the players behind him; I’m a lot less picky about how you’d order them within those groups. Additionally, Skubal himself has some flex room, as I’ll explain in the blurbs. This high on the list, though, everyone is great. There are no injury rebounds, no stars having awful years. Everyone here is playing well right now, and everyone except Skubal will be around for a while too. As I mentioned in the Introduction and Honorable Mentions piece, I’ll indicate tier breaks between players where appropriate, both in their capsules and bolded in the table at the end of the piece.

With that out of the way, let’s get to the next batch of players. Read the rest of this entry »


2025 Trade Value: Nos. 21-30

Bill Streicher-Imagn Images

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 2026-2030, 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 2030 (assuming the player is under contract or team control for those seasons). Last year’s rank includes a link to the relevant 2024 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.

A note on the rankings: As we ascend towards the top of the list, the tiers matter more and more. There are clear gaps in value. Don’t get too caught up on what number a player is, because who they’re grouped with is a more important indicator. The biggest split so far in the rankings is between 20-29 and 31-50, the Ketel Marte pivot. I think that all the players I’m discussing today fall in a relatively narrow band, though with meaningfully different risks and upsides. I’ll note places where I disagreed meaningfully with people I spoke with in calibrating this list, and I’ll also note players whose value was the subject of disagreement among my contacts. As I mentioned in the Introduction and Honorable Mentions piece, I’ll indicate tier breaks between players where appropriate, both in their capsules and bolded in the table at the end of the piece.

With that out of the way, let’s get to the next batch of players. Read the rest of this entry »


2025 Trade Value: Nos. 31-40

Joe Rondone/The Republic/USA TODAY NETWORK via Imagn Images

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 2026-2030, 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 2030 (assuming the player is under contract or team control for those seasons). Last year’s rank includes a link to the relevant 2024 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 38th-ranked player and the guy who would have been 58th if the list went that deep. The magnitude of the differences in this part of the list is quite small, though it picks up around no. 30, as I’ll discuss today. 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. I’ll note the places where I disagreed meaningfully with the people I spoke with in calibrating this list, and I’ll also note players whose value was the subject of disagreement among my contacts. As I mentioned in the Introduction and Honorable Mentions piece, I’ll also indicate tier breaks between players where appropriate, both in their capsules and in the table at the end of the piece.

With that out of the way, let’s get to the next batch of players. Read the rest of this entry »


2025 Trade Value: Nos. 41-50

Bruce Kluckhohn-Imagn Images

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 2026-2030, 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 2030 (assuming the player is under contract or team control for those seasons). Last year’s rank includes a link to the relevant 2024 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 38th-ranked player and the guy who would have been 58th if the list went that deep. 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. I’ll note places where I disagreed meaningfully with the people I spoke with in calibrating this list, and I’ll also note players whose value was the subject of disagreement among my contacts. As I mentioned in the Introduction and Honorable Mentions piece, I’ll also indicate tier breaks between players where appropriate, both in their capsules and in the table at the end of the piece.

With that out of the way, let’s get to the first batch of players. Read the rest of this entry »


2025 Trade Value: Introduction and Honorable Mentions

Eric Hartline-Imagn Images

“Who you got?” It seems like such a simple question. If you’ve ever swapped baseball cards during recess or tried to pick somewhere to eat on a Friday night, you’ve asked yourself this. The choice between two options seems easy. But then you add a third option, and a fourth, and a 139th, and suddenly you’re obsessing over whether you’d prefer your third-favorite Thai restaurant to your fourth-favorite Italian place. Or perhaps, if you’ve used our new crowdsourced trade value tool, you’re deciding between CJ Abrams and Andrew Abbott. Making decisions is hard!

Welcome to the 2025 edition of our annual Trade Value series. Starting today and continuing all week, we’re releasing our list of the 50 most valuable players in baseball, taking player performance, age, and contract into account. Dave Cameron, Kiley McDaniel, Craig Edwards, and Kevin Goldstein have all headlined this column before; this is my fourth year doing it on my own.

Of course, “on my own” is a bit of a misnomer. The process of building this list starts with me gathering every possible input I can find: age, contract status, measures of current production, estimates of future production, Statcast data, pitch-level modeling, scouting reports – if it can be written down, I try to consider it in my first pass. I use all of those inputs to come up with an initial quantitative ranking, then hone that ranking by diving deeper into individual player comparisons. After I have things in good order, I consult with the FanGraphs staff to refine my thinking further. (Special thanks are due to Dan Szymborski for his ZiPS assistance, Eric Longenhagen for being a frequent sounding board as I iterated on the list, Meg Rowley for her help shepherding it through to publication, and Sean Dolinar for his technical assistance.) Next, I reach out to sources on the team side. Here I try to gather perspectives on player value from organizations that have different methodological leanings, different budgets and goals, and that are in different places in the competitive cycle. Read the rest of this entry »