Carlos Correa is an Astro… again. Mason Miller is a Padre! Eugenio Suárez is a Mariner! Jhoan Duran is a Phillie! Both of the Rogers twins are about to wear new uniforms (Taylor twice over)! The 2025 trade deadline has come and gone, and it saw some blockbuster moves. To help you keep track of all the activity, I’ve rounded up all of our deadline pieces in one place. You’ll find the broader preview and summary pieces listed first, followed by links to useful site tools, relevant pieces from RotoGraphs, and of course, a team-by-team listing of the transaction breakdowns that involve your favorite squad, either as buyers or sellers. I’ll update the roundup as more deadline analysis goes live.

All of the pieces linked below took time and resources to produce. If you enjoy our coverage of the trade deadline and are in a position to do so, we hope you’ll sign up for a FanGraphs Membership. It’s the best way to both support our work and experience the site, and comes with a ton of great benefits. Now, on to the roundup! Read the rest of this entry »

Jordan Hicks wasn’t yet reaching triple digits when our 2017 St. Louis Cardinals Top Prospects list was published in January of that year. Ranked 14th in the system at the time, the 2015 third-round pick out of Texas’s Cyprus Creek High School was throwing — per Eric Longenhagen — a comparably modest 96 mph. That soon changed. The high-octane right-hander went on to eclipse the 100 mark that summer, and early the next season he was clocked at 105 while pitching in the big leagues against the Philadelphia Phillies.

He’s since ridden a bit of a rollercoaster. Hicks followed a solid 2018 rookie campaign by logging 14 saves and a 3.14 ERA over two-plus months in 2019, but he blew out his elbow in June and underwent Tommy John surgery. As a Type-1 diabetic, he sat out the entire 2020 pandemic campaign. More elbow woes cropped up in 2021, limiting him to just 10 big league innings.

Changes of address have been notable in Hicks’ subsequent seasons, as have his job descriptions. The righty remained a reliever throughout 2023 — a year that saw him dealt from the Cardinals to the Toronto Blue Jays at the trade deadline — but he was then converted to a starter after signing as a free agent with the San Francisco Giants prior to last season. His success in that role having been a mixed bag, Hicks now finds himself back in the bullpen — with yet another team. Acquired by the Boston Red Sox as part of last month’s Rafael Devers trade, he has gone on to make nine appearances and register a pair of saves while allowing four earned runs over seven 1.3 innings. His fastball velocity has topped out at 101.5 mph.

What did his 2017 FanGraphs scouting report look like? Moreover, what does he think about it all these years later? Wanting to find out, I shared some of what Eric wrote and asked Hicks to respond to it.

———

“A relatively undercooked prep arm from the 2015 draft.”

“Undercooked? I guess if you’re cooking a steak and you want it medium, I was rare,” Hicks said of that quote. “I didn’t have a lot of innings. At that point I had only thrown around 50 innings, and another 50 in high school. So, it was maybe 50 varsity innings and 50 pro innings. I think that’s probably what he meant by that.”

“His fastball sits 90-94, will touch 96, and comes in at an odd angle with some late sink.” Read the rest of this entry »

Some transactions are epic sagas that unfold over weeks or months, while others are compact little one-act plays that are over and done with in an afternoon.

On Tuesday, the Blue Jays lost Game 1 of a doubleheader to the Orioles by a score of 16-4. Chad Green, the team’s second-most expensive reliever, surrendered four of those runs in one inning, bringing his ERA to 5.56 and his home run total to 14 in just 43 2/3 innings. Before Game 2, the Blue Jays DFA’d Green and traded for Orioles right-hander Seranthony Domínguez, an unused substitute in Game 1.

Cutting ties with Green, who makes $10.5 million this year, will be expensive, but the Blue Jays did save a few hundred bucks on airfare by trading for a guy who was already in the building. Read the rest of this entry »

Ben Lindbergh and Meg Rowley banter about how the expanded playoffs may suppress trade activity and, prompted by the passing of Ryne Sandberg, the factors that can make a player punch above their weight from a popularity perspective. Then (31:47) they answer listener emails about triples hitting, Bryce Harper vs. José Ramírez, the effect of gray hairs on free agency, football body comps for baseball players, “first half” vs. “second half,” change-of-scenery candidates, perfection for hitters, the language of WAR, scouting trade candidates, framing a player for pitch-fixing, early/late-season platoon players, outfielders lying down on the job, and Aaron Judge’s BABIP (plus a reaction to Rich Hill’s DFA).

Audio intro: Harold Walker, “Effectively Wild Theme”
Audio outro: Dave Armstrong and Mike Murray, “Effectively Wild Theme”

Link to Ben C. on expanded playoffs
Link to Dan S. on expanded playoffs
Link to Paine on the deadline
Link to Sandberg NYT obit
Link to Sandberg Stat Blast
Link to “Sandberg Game” video
Link to triples Stathead
Link to Stark on future HoFers
Link to Wilkins kiss story
Link to info on Day’s beard
Link to post-ASB split 1
Link to post-ASB split 2
Link to splits spreadsheet
Link to Ben on the foul lines
Link to Russell on outfield defense 1
Link to Russell on outfield defense 2
Link to Russell on outfield defense 3
Link to doubleheader trade
Link to Szymborski on Judge
Link to Petriello on Judge
Link to Savant xBABIP
Link to listener emails database

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The Rays have shuffled up their catchers just a few days before the trade deadline, first sending their starter Danny Jansen to the Brewers along with some cash in return for infielder Jadher Areinamo. Then, Tampa Bay followed it up with a second swap, this time bringing in Nick Fortes from the Marlins for outfielder Matthew Etzel.

While Jansen’s bat has fallen off significantly from his 2021-2023 seasons, when he posted a 120 wRC+ over 754 plate appearances for 6.0 WAR, he’s still an adequate part of a catching tandem and provides the occasional round-tripper. He’s slashing .204/.314/.389 with 11 home runs and a 98 wRC+ this season. His framing numbers have been down considerably the last few years, as well, enough to knock off just under a WAR per season or so from his overall value. Considering the Rays were practically certain to pay out Jansen’s $500,000 buyout rather than pick up their side of a $12 million mutual option, this looks like them getting what they can while the getting was good. Read the rest of this entry »

With the draft behind us and the trade deadline looming, I’ve made a number of updates to The Board. The signing deadline for drafted players has passed, and the 2025 class has now been ported over to the pro side of The Board. You can now see where your favorite team’s new draftees line up in their farm system, and I may yet add a few more of the very late round and/or undrafted players who signed for way over slot (looking at you, Brewers). I’ve also peeled away from the lists those players who have exceeded the rookie eligibility threshold; they’ve been moved onto the Graduates tab on The Board. This means that the farm system values have shifted, and will continue to in real time as trades are made this week.

Most importantly, however, I’ve made a sweeping update to the Top 100 Prospects list. As I noted in the spring with our last Top 100 update, there are a couple of things to keep in mind as you read, especially if you’re new to FanGraphs prospect stuff. First, the “Top 100” title is arbitrary SEO nonsense; I rank players as deep as I have them graded as 50 FV prospects or better, and as of this update, that’s 99 guys. Second, remember that Future Value is a value grade. The tools and ultimate potential upside of a player matter a lot, as does the length and consistency of a player’s performance track record and their proximity to the majors. There are players who have talent upside better than their FV grade, but if they’re risky for whatever reason, or if they’re in the low minors, I want to reflect that risk/time element in their grade. Read the rest of this entry »

The Tigers didn’t wait long. On Monday, the team announced that starter Reese Olson would miss the rest of the season (and possibly the postseason) with a right shoulder strain, and that same day, Detroit filled Olson’s rotation spot by swinging a trade within the division for Minnesota right-hander Chris Paddack. The full deal brought Paddack and reliever Randy Dobnak to the Tigers in exchange for 19-year-old catching prospect Enrique Jimenez. The trade represented an attempt to stabilize an increasingly banged-up Detroit rotation for an increasingly important stretch run. For the Twins, the move kicked off what has the potential to be a significant sell-off.

We’ll start with the Twins side. “It’s just crazy how fast it can turn around,” Paddack told Dan Hayes of The Athletic, who initially reported news of the deal along with Ken Rosenthal. “World just got twisted upside down, to say the least. It stinks. This business is out of our control sometimes. I was really pulling for us, as a Twin. I was hoping we would make some moves and go get that Wild Card spot. I’m excited for this new opportunity with a new team.” It’s not immediately clear who will take Paddack’s spot in the Minnesota rotation. The Twins have a bullpen game planned for today. Paddack will start tomorrow, and he’s lined up to face his old squad when the Tigers and Twins face off a week from today. The Twins broadcast made a point of circling the date on the calendar during last night’s game. Read the rest of this entry »

There’s been a lot of chatter about surplus value around these parts in recent days. As Ben Clemens wrote last week, surplus value informs a large part of a given player’s appeal as a trade target. Count up all the projected WAR remaining on a player’s deal, multiply it by the price of a single win, subtract the remaining cost of the contract, and what’s left over is an estimate of the player’s surplus value. Anything less than zero, and the contract can be considered underwater; if a contract is underwater, a team seeking to offload that player would expect to receive nothing of value in a trade return.

A couple of months back, my assumption was that Mitch Keller’s contract was ever-so-slightly underwater. The right-hander inked a five-year, $77 million extension in February of 2024. His first year on that deal was thoroughly mediocre: He made nearly every start, but posted a so-so 4.25 ERA/4.08 FIP. Over the two years preceding the deal, it was much of the same. His 4.13 ERA between 2022 and 2024 ranked 68th out of 106 pitchers with at least 300 innings pitched; his 3.92 FIP ranked 51st. The strikeout and walk rates were nearly dead-on league average.

Is a roughly 2-WAR starter worth tens of millions of guaranteed dollars? Your mileage may vary. Patrick Corbin went to the Rangers for $1.1 million after posting a 1.8-WAR season last year. Andrew Heaney got two years and $25 million after delivering 2.2 WAR. Nick Pivetta, notably younger than both of those guys but still three years older than Keller, signed with the Padres for four years and $55 million. If Keller had hit the open market after the 2024 season, when he put up 2.2 WAR in 31 starts (178 innings), I’d imagine he would have received a contract similar to what Pivetta earned after his 2.0 WAR and 145 2/3 innings. Perhaps Keller’s deal wasn’t terrible, but it also wasn’t something teams would be dying to get on their books.

But now it’s the peak of trade deadline season, and the 29-year-old Keller is a hot commodity. The Pittsburgh Post-Gazette reported last Tuesday that the Blue Jays are in on Keller. That’s in addition to reported interest from the Cubs, Mets and Yankees. Nearly half of the most serious World Series contenders are in on the Keller sweepstakes, suggesting that contract is now perceived as having surplus value. Perhaps this has something to do with the haggard state of these teams’ rotations, but I’m inclined to believe that isn’t the entire reason. Read the rest of this entry »

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:

Read the rest of this entry »

Every time I hear the name Robbie Ray, I think about the bar scene from 2002’s Sweet Home Alabama, where Reese Witherspoon’s character Melanie drunkenly stumbles up to an old friend as he’s about to attempt a pool shot. Through a fit of giggles she says, “Bobby Ray! Don’t blow this one, OK?”

Most recently, this happened when I read that Robbie Ray had been named to the National League All-Star team. Because Robbie Ray has not been blowing it this season. In fact, he’s been posting numbers not far off the pace from his 2021 Cy Young season. But despite the Cy Young on his résumé, I probably think about Bobby Ray more often than Robbie Ray, because Robbie followed up his award-winning performance with a merely average 2022, and then spent much of 2023 and 2024 on the IL. Overall, Ray’s career has been a bit of an up-and-down journey, and if we’re comparing career arcs to character arcs, Ray’s is more akin to Melanie’s than Bobby Ray’s, despite the similar name.

Dropping in on Ray’s 2021 season is roughly equivalent to where we drop in on Melanie Carmichael at the beginning of Sweet Home Alabama. Melanie (whose real last name is Smooter, but she chose to adopt a more sophisticated persona after leaving Alabama for the big city) is a fashion designer fresh off a successful debut at New York Fashion Week and newly engaged to the mayor’s son (Patrick Dempsey). Melanie has accumulated career accolades and social status, just as Ray spent his 2021 season reeling in award votes and leveling up his status as a starting pitcher. Read the rest of this entry »