There’s a bad joke that we throw around when an older player signs — that he brings with him veteran presents. In the modern clubhouse, though, it’s unclear how much this sort of thing matters. There’s a lot of putting your head down and working on your craft — or keeping your nose out of other players’ business, at least. But then you get the odd story here or there where a veteran comes in and helps a young man develop, and you wonder if the jokes are misplaced.

Like this story about Jon Gray. He was a man with a fastball and a slider, searching for something that would expand his arsenal. The curve was promising, but less effective in Colorado. “Then I talked to [Adam] Ottavino about the slider,” the 24-year-old Rockies starter told me earlier this year, “and I started manipulating it differently in different situations.” Look at that: tangible veteran presents, from a player who just last year told us about his ability to alter his slider to battle lefties.

I recently got to check back in with Gray about that slider manipulation. He was fresh off a rejuvenating bullpen session in San Francisco and had even better feelings about his changeup. And his curve. Now we look up and, in his last start, on Wednesday against the Orioles, he actually used both his curve and change 10% of the time… and it was the third time he’d done so all season. Looks like Gray has found a few more pitches that he trusts.

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Two years ago, Steve Pearce was a revelation for the Orioles, hitting 21 home runs and recording a 161 wRC+ in just under 400 plate appearances. Last year, Pearce failed not only to duplicate that season, but even to maintain a league-average line, producing a .289 on-base percentage and 91 wRC+ whille playing first, outfield, and a little second base. As a result, the 33-year-old was left unsigned by the Orioles and had to settle for a one-year deal for under $5 million with the Tampa Bay Rays. Just a few months later, Pearce has returned to the Orioles, who traded young catcher Jonah Heim to bring him back.

From 2007 to 2013, Steve Pearce recorded at least 15 games played per season, but never received a chance at extended playing time, failing to accumulate 200 plate appearances in any one year. In 847 total plate appearances during that time, Pearce hit 17 homers, posting a 9% walk rate and 20% strikeout rate with a disappointing .283/.318/.377 line — good for an 87 wRC+ and 0.4 WAR. The Orioles were one of three teams for which Pearce played in 2013, and the team saw enough to bring him back for 2014, setting the table for his big season.

After that disappointing 2015 campaign, Pearce struggled to find a market for his services. The FanGraphs crowd estimated a two-year, $12 million contract, while Dave Cameron guessed a one-year, $8 million contract and labeled him one of the offseason’s biggest bargains before the signings began. Cameron justified his choice, thusly:

But for a team looking for a right-handed hitter who can play first base or the outfield, signing Pearce at a bench player price and giving him a shot at a regular job might be a risk worth taking. The underlying skills suggest that he’s better than a lot of other guys who have picked up the everyday player label, and unlike a lot of sluggers, he’s not just a one trick pony. He makes contact at league average rates, draws enough walks to be a decent on-base guy, is an above average runner on the bases, and defensive metrics have graded him out as an asset at first base and average in the outfield. When you combine those skills with a guy that has hit 36 homers in his last 682 plate appearances, that’s a player who is worth putting in the line-up most days.

The Rays took that minor chance on Pearce and were rewarded for it. This season, Pearce has played first and second base for Tampa Bay and appeared in 60 games so far. In his 232 plate appearances, he’s hit 10 homers, with a 147 wRC+ and a .309/.388/.520 line. While his .342 BABIP is likely to regress, his projections are still very positive. ZiPS forecasts Pearce for a rest-of-season 119 wRC+, while Steamer is a bit more pessimistic at 111. In either case, though, both numbers are solidly above average. Where Pearce can really help the Orioles is against left-handed pitchers, as the Orioles have recorded just an 85 wRC+ against southpaws, among the very worst in the game.

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The non-waiver trade period wrapped up yesterday with teams pushing 18 trades through on a frantic final day. The Giants and Dodgers both paid high prices to load up for a dogfight in the NL West, the Rangers filled some big holes to prepare for a hopeful postseason run, the Indians pushed in with a big bullpen upgrade, and the Mets put the finishing touch on their defense-doesn’t-matter roster in an attempt to slug their way back to the playoffs.

But while the types of veteran upgrades acquired by contenders were quite different, there was one central theme that seemed to run through almost every trade; buyers giving up on previously well-regarded players currently in the midst of devaluing themselves. Or, if you want to look at it from a more optimistic viewpoint, sellers targeting buy-low young talents who might have a chance to prove that their current struggles are just a blip on the radar.

This theme even showed itself in the two biggest deals yesterday.

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Below is my ranking of the prospects dealt during this year’s “Trade Season,” a span of time encompassing the second half of July, essentially from the Drew Pomeranz deal onward. Each tier of prospects is separated by the Future Value grade I’ve placed on them. For further explanation on what goes into FV, please go here. I’ve also included a brief, one sentence summary of each player’s skillset as well as links to the full reports I’ve written here for the site over the past few weeks and hours. Players who didn’t get full write-ups have slightly longer blurbs written in this post. Players with the same FV are ranked within their tier simply in the order I like them.

Dilson Herrera isn’t technically a prospect and is therefore not on the list but his full report is here. Hector Olivera is also not a prospect, not because he’s exhausted his rookie eligibility but because the reports I’ve gotten there, as well as what I’ve seen in person, have been quite bad.

60 FV Prospects

Anderson Espinoza, RHP, San Diego Padres (report)

Traded from BOS to SD for Drew Pomeranz

Summary: One of the most electric arms in the minors, Espinoza has a shot at three plus or better pitches and a realistic #2 starter’s ceiling but is still just 18 and obviously risky.

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In case you hadn’t heard, a lot went down yesterday. Here are the prospects who changed teams on deadline day, as evaluated by my newly updated KATOH system. KATOH denotes WAR forecast for first six years of player’s major-league career. KATOH+ uses similar methodology with consideration also for Baseball America’s rankings.

*****

The Jonathan Lucroy Trade

Lewis Brinson, OF, Milwaukee

KATOH: 7.7 WAR
KATOH+: 9.9 WAR

Brinson posted some terrible numbers in the low minors, but he’s gotten progressively better the past few years, especially in the strikeout department. His 20% strikeout rate from last year was still a bit high, but not alarmingly so. With 31 extra-base hits and 10 steals to his name this year, Brinson has shown a tantalizing power/speed combination.

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