Fever BaseballFor collectors and stat nerdsFuture Value Radar (FVR) · On the record
SEA

Seattle Mariners

American League · American League West · T-Mobile Park

Umpire favor

-23.6 net runs over 162 graded games — the zone cost the club more than it gave, on balance.

Biggest swings: -3.0 vs SD · -2.6 vs CLE

→ all umpire grades

The season ahead

The 2026 season is over for the Seattle Mariners. Their next game is on Opening Day, March 25, 2027.

On the radar

What the market seesWhat the engine sees
PlayerPosAgeResultsSampleBoardSignal
Luke RaleyRF32OPS .72395 GBREAKOUTEV95 108.515
Randy Arozarena★LF31OPS .865154 GINDEXEV95 106.465
Logan GilbertP29ERA 3.73186.0 IPINDEX—
Kade AndersonP22ERA 3.7935.2 IPINDEX—

Left of the rule is the league’s own line on the player — his results, not our numbers, and never an input to any FVR signal. Right of it is what the engine measures.

The Card Pulse

What the collector market pays for this roster — movers first. A rising price is demand, not our read on the player. The full board →

Paid link — as an eBay Partner, FVR earns from qualifying purchases.

Grade D · #21 of 30Heat ▼ 1%Value $78.55 avg
Josh NaylorJosh Naylor #69
▼ 37.7%$0.99Find this card →
Lazaro MontesRCLazaro Montes #BS-9
▲ 27.5%$43.07Find this card →
Kade AndersonKade Anderson #BDC-3
▼ 24.6%$200Find this card →
Lazaro MontesLazaro Montes #BCP-58
▲ 24.5%$49.78Find this card →
Randy ArozarenaRCRandy Arozarena #49
▲ 17.4%$9.39Find this card →
Ryan SloanRyan Sloan #CPA-RS
▲ 15.1%$275Find this card →
Colt EmersonColt Emerson #PA-CE
▼ 12.1%$143Find this card →
Logan GilbertRCLogan Gilbert #US318
▲ 3.6%$36.70Find this card →
Randy ArozarenaRandy Arozarena [Gold] #431
▼ 2.6%$36.30Find this card →
Cal RaleighCal Raleigh #149
▲ 0.9%$36.00Find this card →
Logan GilbertLogan Gilbert [Gold] #235
▼ 0.5%$39.77Find this card →
Bryan WooBryan Woo [Gold] #62
▲ 0.4%$41.75Find this card →
Leo RivasLeo Rivas [Gold] #649
▼ 0.3%$39.07Find this card →
Luke RaleyLuke Raley #142
▼ 0.3%$35.64Find this card →
Leo RivasRCLeo Rivas #US279
▼ 0.2%$34.07Find this card →
Luke RaleyRCLuke Raley #US7
▲ 0.1%$32.23Find this card →
Josh NaylorRCJosh Naylor #JNA
▲ 0%$47.00Find this card →
Bryan WooRCBryan Woo #88
▲ 0%$35.00Find this card →
Brendan DonovanRCBrendan Donovan #543
▲ 0%$32.00Find this card →
Brendan DonovanBrendan Donovan #US150
▲ 0%$12.63Find this card →
Andrés MuñozAndres Muñoz [Artist Proof] #67
Andrés MuñozRCAndres Munoz #TOP-89
Brock RoddenRCBrock Rodden #CDA-BR
Brock RoddenBrock Rodden #BD-171
Kade AndersonRCKade Anderson [Red X-Fractor] #CPA-KA

What they pay

A market fact, not an engine read — and the club’s own row from the payroll board, computed once so the two pages cannot disagree.

vs the tax line
+$81.7Munder
MP/MW
$4.21M16 of 30 — 1 is cheapest

PROPOSED Below the floor the owners proposed on 2026-07-21 — this club would have to spend up. A proposal out of a negotiation that has not happened, not a rule. The line in force is the $244M tax threshold above.

The five biggest commitments this season

  • Josh Naylor$17.3M
  • Logan Gilbert$16.4M
  • Cal Raleigh$13.7M
  • George Kirby$10.6M
  • Seranthony Domínguez$10.0M

Cash is what the club pays out; the tax payroll is average annual values under the CBA’s own rulebook. Two answers to one question, never subtracted from one another. Figures from Cot’s.

A second set of books

The numbers above are Cot’s. These are MLB Spreadsheets’s, and they answer two questions Cot’s cannot: what this payroll is made of, and where it has moved since Opening Day. We keep both sources rather than merging them, because the only thing that catches an error in one is the other.

Where the two sources disagree

  • On cash payroll, Cot’s reads $130.6M and MLB Spreadsheets reads $170.4M — $39.8M apart.
  • On tax payroll, Cot’s reads $162.3M and MLB Spreadsheets reads $204.4M — $42.1M apart.

Both are reputable and neither is wrong on its own terms. A gap on sheets a month apart is one source catching up; a gap on sheets a few days apart is a real disagreement about what a club is paying, and nobody prints those. We do not average them, and every figure on this site says which source it came from.

Since Opening Day

Cash payroll
$163.0M → $170.4M +$7.4M
Tax payroll
$186.3M → $204.4M +$18.2M

A move is not a verdict. Adding payroll is not virtue and cutting it is not vice, so nothing here is colored — the sign is the whole fact. And a move in dollars is not a payroll in dollars: we never compare one to the other.

Where the money goes

Cash payroll

$170.4M

Tax payroll

$204.4M

The bar divides the $204.7M this club pays out. It takes $0.3M back in — adjustments and credits — which is what brings the tax payroll to $204.4M.

LineCashTax
Players on the rosterSalary to the men actually playing, majors and minors.$152.9M$177.8M
Major-league salary$150.9M$173.1M
Minor-league salary$2.0M$4.8M
Players who are goneSalary buying this club no player at all.$4.3M$4.3M
Termination pay$3.3M$3.3M
Outright assignments$1.0M$1.0M
BonusesSigning bonuses charged against this season, buyouts of options declined, and bonuses already earned.$13.0M$2.1M
Signing bonuses (prorated)$9.2M—
Performance and award bonuses$2.1M$2.1M
Option buyouts$1.8M—
Cash in tradesMoney sent out with a player traded away, or taken in — a negative figure — to absorb someone else's contract.$0.2M$0.3M
League chargesThe same for all thirty clubs — no front office decided to spend this.—$20.2M
Benefits—$18.6M
Pre-arb bonus pool—$1.7M
Adjustments and creditsBookkeeping between the club and the league office.—−$0.3M
Total$170.4M$204.4M

An em dash in one column and a figure in the other is not a missing number — it is the two rulebooks sorting the same money differently. A prorated signing bonus is in the cash figure and already inside the average annual value the tax is assessed on; league charges are the reverse. That is why the two totals differ, and why they are never subtracted from one another.

Composition and Opening Day figures from Ethan Hullihen (@EthanHullihen, MLBSpreadsheets), from a workbook whose oldest relevant sheet is dated . The workbook carries a different date on every tab, so this is the oldest of the ones we read rather than the file’s own. Every line above was checked to sum to the club’s stated total before it was printed.

Down on the farm

Organization prospects on our Triple-A boards.

What the market seesWhat the engine sees
PlayerPosAgeClubResultsSampleBoardSignal
Lazaro MontesRF21Seattle MarinersOPS .91979 G · AATRIPLE-AEV95 109.935
Brock Rodden☆3B26Seattle MarinersOPS .84192 GINDEXEV95 103.4
Ryan SloanP20Arkansas TravelersERA 3.73101.1 IP · AAINDEX—

Left of the rule is the league’s own line on the player — his results, not our numbers, and never an input to any FVR signal. Right of it is what the engine measures.

Follow the Mariners

The Mariners, in your inbox — every game scored mark for mark, the morning after they play. Every number reconciled to the official line, or the card doesn’t print. Nothing on off-days.

Collect the Mariners

The organization’s 2026 cardboard, from commons to the high end:

2026 Seattle Mariners cards on eBay →

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