PIT⇄BAL

PITPIT Ben Cherington net +$0.0M net +0.1

received +$1.6M+$1.6M ± $21M expected surplus · +$0.0M realized received 1.2 ± 3 expected · 0.1 realized WAR

Playoff odds: this deal moved PIT's 2024 odds 1% → 1% (+0.1 pts) — how trade timing is graded ↗

receives — most valuable first

Billy CookOF·25y·R/R

+$1.8M+$1.8M± $21M exp surplusrealized +$0.0M 1.2± 3 exp WARrealized 0.1

Prior

#287 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

why ▾hide ▴

BALBAL Mike Elias net +$0.0M net -0.1

received +$2.4M+$2.4M ± $22M expected surplus · +$0.0M realized received 1.3 ± 3 expected · 0.0 realized WAR

Playoff odds: this deal moved BAL's 2024 odds 70% → 68% (-1.5 pts) — how trade timing is graded ↗

receives — most valuable first

Patrick ReillyP·22y·R/R

+$2.3M+$2.3M± $22M exp surplusrealized +$0.0M 1.3± 3 exp WARrealized 0.0

Prior

#140 overall draft pick — at the league baseline → 0.21/yr

Evidence

no MLB track record — leans on pedigree

Talent

0.21/yr blended

Horizon

6.0 control yrs

why ▾hide ▴

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.