Max Scherzer’s Trade Value
The Nationals seem very unlikely to trade Max Scherzer (and his broken nose), but with them holding the 11th-best record in the National League and being five games under .500, rumors are starting to swirl. Ken Rosenthal discussed the possibility of a trade, mostly laying out the reasons why a deal was unlikely. While Scherzer trade proposals might be more fantasy than reality, determining his trade value is more reality-based, even if more of an academic pursuit.
A year ago, when constructing the Trade Value series, Kiley McDaniel put Max Scherzer at No. 41, and he indicated the difficulty surrounding a player like Scherzer.
Some small market teams like Oakland, Pittsburgh, and Tampa Bay could technically afford $22 million through 2021 then $15 million through 2028 for three years of Scherzer — it’s a huge but not insane part of their payroll — they would just never actually do that. So with all of those teams off the board and most of the middle-tier teams choosing to use their money with more of medium-term outlook, the market for Scherzer appears as though it would be limited. Also, he turns 34 this month and will decline at some point, even if he’ll punch me for saying that.
All that said, for big-market contenders that needs an ace in the playoffs, a 6.5-WAR pitcher may have the impact of a 10 WAR pitcher if deployed in a certain way during the postseason. And some orgs can stomach the $15-22 million tab, regardless of how long it runs, for that kind of impact over three postseasons. A trade-value list for just the Yankees may have Scherzer 20 spots higher, but this list is for a little bit of everyone. I feel like Dave and I did the math here similarly, as I moved him down eight spots from the 2017 edition of this series, based mostly on aging.
Assessing a generic trade value for a player like Scherzer is a problem because the market for Scherzer’s services is a small one, but among the teams that might be interested, the value to those teams would be higher than a standard analysis might provide. Scherzer’s value to the Nationals complicates matters further. To get an idea of what I’m talking about, let’s start with some generic projections for Scherzer, incorporate his salary, and estimate that the value of a win is around $9 million. Read the rest of this entry »
