Rosternomics
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March 29, 1997

PITSDP

PIT won this trade +$5.6M surplus PIT won this trade +1.0 WAR
PITPIT Cam Bonifay net +$5.6M net +1.0
received +$27.2M+$27.2M ± $42M expected surplus · +$2.4M realized received 5.9 ± 5 expected · 0.6 realized WAR
Playoff odds: this deal moved PIT's 1997 odds 1% → 1% (+0.3 pts) — how trade timing is graded ↗
receives — most valuable first
Mark SmithOF·27y·R/R
+$24.9M+$24.9M± $32M exp surplusrealized +$2.4M 4.6± 4 exp WARrealized 0.6
Prior
#9 overall draft pick → 0.57/yr
Evidence
recent form 2.0/yr over 0.3 season
Talent
0.88/yr blended
Horizon
5.5 control yrs × 0.96 age decline
Hal GarrettP·22y·R/R
+$2.3M+$2.3M± $28M exp surplusrealized +$0.0M 1.3± 4 exp WARrealized 0.0
Prior
#142 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
SDPSDP Kevin Towers net −$5.6M net -1.0
received −$6.4M−$6.4M ± $27M expected surplus · −$3.2M realized received 0.4 ± 3 expected · -0.4 realized WAR
Playoff odds: this deal moved SDP's 1997 odds 1% → 1% (-0.3 pts) — how trade timing is graded ↗
receives — most valuable first
Angelo EncarnaciónC·28y·R/R
−$2.6M−$2.6M± $14M exp surplusrealized +$0.0M 0.2± 2 exp WARrealized 0.0
Prior
no pedigree — league baseline → 0.21/yr
Evidence
recent form -0.4/yr over 0.3 season
Talent
0.08/yr blended
Horizon
5.0 control yrs × 0.60 age decline
Trey BeamonOF·23y·L/R
−$3.4M−$3.4M± $24M exp surplusrealized −$3.2M 0.2± 3 exp WARrealized -0.4
Prior
Composite #90.0 pedigree (Baseball America #90 (1996)) — fell off 1 list since, regressed → 0.23/yr
Evidence
recent form -1.4/yr over 0.2 season
Talent
0.04/yr blended
Horizon
5.5 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.