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December 2, 2022

MIL⇄SEA

unsettledToo soon to call — players still accruing.
MILMIL David Stearns net +$0.8M net +0.3
received +$3.2M+$3.2M ± $18M expected surplus · −$12.0M realized received 1.4 ± 2 expected · -0.6 realized WAR
Playoff odds: this deal moved MIL's 2023 odds 16% → 17% (+1.1 pts) — how trade timing is graded ↗
receives — most valuable first
Jesse WinkerOF·29y·L/L
+$6.1M+$6.1M± $10M exp surplusrealized −$12.0M 1.4± 1 exp WARrealized -0.8
Prior
league baseline (track record outweighs draft pedigree) → 0.21/yr
Evidence
recent form 2.1/yr over 1.9 season
Talent
1.36/yr blended
Horizon
1.0 control yr
Abraham Toro2B/3B·26y·B/R
−$3.0M−$3.0M± $14M exp surplusrealized +$0.0M 0.0± 2 exp WARrealized 0.2
Prior
league baseline (track record outweighs draft pedigree) → 0.21/yr
Evidence
recent form -0.3/yr over 1.3 season
Talent
-0.06/yr blended
Horizon
4.0 control yrs
SEASEA Jerry Dipoto net −$0.8M net -0.3
received +$4.0M+$4.0M ± $11M expected surplus · −$12.8M realized received 1.9 ± 1 expected · -0.9 realized WAR
Playoff odds: this deal moved SEA's 2023 odds 75% → 74% (-1.5 pts) — how trade timing is graded ↗
receives — most valuable first
Kolten Wong2B·32y·L/R
+$4.2M+$4.2M± $11M exp surplusrealized −$12.8M 1.9± 1 exp WARrealized -0.9
Prior
league baseline (track record outweighs draft pedigree) → 0.24/yr
Evidence
recent form 2.8/yr over 2.2 seasons
Talent
1.92/yr blended
Horizon
1.0 control yr
Fan verdict — who overpaid?

Each player is valued on what he was expected to produce at the time of the trade, versus what he actually produced for his new team.

Expected WAR blends a player's pedigree (composite top-100 rank / draft slot, or a baseline) with his recent track record, projected over the years of team control acquired. The ± figure is a historically calibrated predictive standard deviation, measuring how widely comparable forecasts have missed around their expected value. Surplus values that production at the FA market price of a win (~$8M/WAR) minus salary — so cost-controlled players carry large surplus and expensive ones little, even at the same WAR. Who won is descriptive, not a skill claim: ~99% of a trade's outcome is unforeseeable at the time.

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Decision-maker records extend to 1933; resource-controlled WAR and payroll metrics cover 1985–2026. Data sources include FanGraphs, Baseball-Reference, the Chadwick Bureau register, the Lahman Database, prospect rankings from Baseball America, MLB Pipeline, and FanGraphs, and public payroll records. Transaction and trade data was obtained free of charge from and is copyrighted by Retrosheet. Executive birth/death data via Wikidata (CC0).
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