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August 26, 1987

NYY⇄CHW

NYY won this trade +$7.2M surplus NYY won this trade +1.4 WAR
NYYNYY Woody Woodward net +$7.2M net +1.4
received +$8.0M+$8.0M ± $34M expected surplus · −$3.2M realized received 2.2 ± 4 expected · 0.1 realized WAR
Playoff odds: this deal moved NYY's 1987 odds 22% → 23% (+0.5 pts) — how trade timing is graded ↗
receives — most valuable first
Jerry Royster2B/3B·34y·R/R
+$7.8M+$7.8M± $30M exp surplusrealized −$3.2M 2.0± 4 exp WARrealized 0.1
Prior
no pedigree — league baseline → 0.21/yr
Evidence
recent form 1.9/yr over 1.2 season
Talent
1.06/yr blended
Horizon
2.2 control yrs × 0.84 age decline
Mike Soper
+$0.3M+$0.3M± $15M exp surplusrealized +$0.0M 0.2± 2 exp WARrealized 0.0
Unidentified minor-league throw-in — valued at the ~0.2 WAR base rate (most produce nothing)
CHWCHW Larry Himes net −$7.2M net -1.4
received +$2.4M+$2.4M ± $30M expected surplus · −$10.4M realized received 1.4 ± 4 expected · -1.3 realized WAR
Playoff odds: this deal moved CHW's 1987 odds 11% → 11% (-0.3 pts) — how trade timing is graded ↗
receives — most valuable first
Ken PattersonP·22y·L/L
+$1.8M+$1.8M± $26M exp surplusrealized −$10.4M 1.2± 3 exp WARrealized -1.3
Prior
#77 overall draft pick — at the league baseline → 0.21/yr
Evidence
no MLB track record — leans on pedigree
Talent
0.21/yr blended
Horizon
5.5 control yrs
Jeff Pries
+$0.3M+$0.3M± $15M exp surplusrealized +$0.0M 0.2± 2 exp WARrealized 0.0
Unidentified minor-league throw-in — valued at the ~0.2 WAR base rate (most produce nothing)

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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