Assessing the Trade Value of Giancarlo Stanton
The Marlins are sellers this year. Adeiny Hechavarria is already gone. Kyle Barraclough, David Phelps, and A.J. Ramos are among the bullpen pieces that might be appealing. Marcell Ozuna is having a great year and has two more years of control after this one, so he would be a desirable piece. If the team opted to, they could get a haul for Christian Yelich, too. And if the team is truly selling for the future and wants to reduce future salaries either for a future owner or because that’s just what the Marlins do, then trading Giancarlo Stanton has to be an option, as well.
It’s not entirely clear how much value Stanton has in trade. He’s obviously been a very good player to this point in his career and has recorded a 130 wRC+ so far this year. The projections see him doing roughly that the rest of the way, as well, coming close to a four-win season. He’s also only making $14.5 million in 2017, which makes him quite valuable in the near term. Detracting from that value in the longer term is the $295 million owed to Stanton over the next 10 years, part of a deal that will pay him through his age-37 season. He also has a no-trade clause. Adding to the complexity is an opt-out clause Stanton possesses in his contract after the 2020 campaign. He’ll be finishing his age-30 season at that point and will be owed $219 million over the next seven seasons.
Given the size of his deal, the return for Stanton might not be great. For that reason and because he’s a good player now and because he’s likely to remain a good player for the next few years, it’s fair to question why the Marlins would bother moving him. It’s probably too easy just to say “Because that’s what the Marlins do.” But, well, that is what the Marlins do. That opt-out might end up being difficult to turn down, and the current owner, Jeffrey Loria, likely has no interest in paying a 30-plus-year-old slugger $30 million a year. There are also rumors that the Marlins will be sold at some point soon. Before teams are sold, we often see large contracts moved in order to make the team more attractive in terms of future commitments.