Giants Acquire Rafael Devers in Unexpected Blockbuster

Look, I’ll just get right to it:
The San Francisco Giants are acquiring Rafael Devers from the Boston Red Sox for Jordan Hicks, Kyle Harrison and more, according to sources familiar with the deal.
— Robert Murray (@ByRobertMurray) June 15, 2025
That’s the kind of blockbuster you don’t see every day. Rafael Devers is the best healthy Red Sox hitter. The Sox are above .500 and in the thick of the AL playoff hunt. They’re desperate for offense – though they came into the year with more hitters than spots, injuries to Alex Bregman, Triston Casas, Wilyer Abreu, and Masataka Yoshida have left them scrambling for depth. Abraham Toro has been batting high in the order of late. Romy Gonzalez is their backup DH. And they just traded their starting DH – hitting .271/.400/494, good for 14 home runs and a 145 wRC+ – for salary relief? We’re going to need a deeper dive.
Let’s start with the return. The Sox sent Devers and his entire contract – 10 years and $313.5 million at time of signing, with about $250 million and 8.5 years left on it today – to the Giants. In exchange, they got a wide mixture of players. There’s a major leaguer, Jordan Hicks. There’s a recently graduated prospect, Kyle Harrison. There’s a well-regarded hitting prospect, James Tibbs III. There’s another, further away prospect, pitcher Jose Bello. Finally, there’s that sweet, sweet financial flexibility, something the Sox are no stranger to.
If you look at baseball completely in the abstract, with bean-counting surplus value as your only guiding light for evaluating a trade, this one looks reasonable enough. Devers is under contract for a lot of years at a lot of dollars per year, and projection systems consistently think that he’ll generate low WAR totals for his salary in the back half of his deal. Harrison was a top 25 prospect not so long ago. Tibbs was a first round draft pick last year. Bello is an interesting lottery ticket. Hicks – okay, Hicks might have been a salary offset. But the point is, it’s likely that if all you care about is WAR accrued per dollar spent, the Sox come out ahead on this deal for most reasonable models of surplus value. Read the rest of this entry »