Rosternomics
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August 11, 1992

BALPHI

BAL won this trade +$1.6M surplus BAL won this trade +0.1 WAR
BALBAL Roland Hemond net +$1.6M net +0.1
received +$1.6M+$1.6M ± $29M expected surplus · −$0.8M realized received 1.1 ± 4 expected · 0.0 realized WAR
Playoff odds: this deal moved BAL's 1992 odds 60% → 58% (-2.3 pts) — how trade timing is graded ↗
receives — most valuable first
Steve Scarsone2B/3B·26y·R/R
+$1.3M+$1.3M± $29M exp surplusrealized −$0.8M 1.1± 4 exp WARrealized -0.0
Prior
no pedigree — league baseline → 0.21/yr
Evidence
no MLB track record — leans on pedigree
Talent
0.21/yr blended
Horizon
5.5 control yrs × 0.96 age decline
PHIPHI Lee Thomas net −$1.6M net -0.1
received −$4.0M−$4.0M ± $24M expected surplus · −$2.4M realized received 0.0 ± 3 expected · -0.1 realized WAR
Playoff odds: this deal moved PHI's 1992 odds 6% → 6% (+0.5 pts) — how trade timing is graded ↗
receives — most valuable first
Juan Bell2B/SS·24y·B/R
−$3.7M−$3.7M± $24M exp surplusrealized −$2.4M 0.0± 3 exp WARrealized -0.1
Prior
no pedigree — league baseline → 0.21/yr
Evidence
recent form -2.1/yr over 0.7 season
Talent
-0.66/yr blended
Horizon
5.0 control yrs

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.