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

-20.7 net runs over 134 graded gamesthe zone cost the club more than it gave, on balance.

Biggest swings: -2.3 vs SD · -2.2 vs CHC

→ all umpire grades

The season ahead

28 games left on the schedule — what’s next, then the road to the finish. Times are in your own clock.

On deck

The Mariners open a three-game series at Rogers Centre against a 65-69 Blue Jays club nearly even with Seattle's 64-70 mark. Game 1 airs nationally on Apple TV.

at Toronto Blue Jays (65–69)

Fri, Aug 28

Game 1 of 3· Rogers Centre📺 Apple TV

Probables: TBD vs Dylan Cease

The card will be kept live — follow along →

National TV: Apple TV

28 games left

Aug 2811:15pmat TOR (65–69)Apple TV
Aug 297:07pmat TOR (65–69)
Aug 305:37pmat TOR (65–69)
Aug 3110:45pmat BOS (73–60)
Sep 110:45pmat BOS (73–60)
Sep 28:10pmat BOS (73–60)
Sep 31:40amvs ATH (53–81)
Sep 42:10amvs ATH (53–81)

On the radar

What the market seesWhat the engine sees
PlayerPosAgeResultsSampleBoardSignal
Luke RaleyRF31OPS .72395 GBREAKOUTEV95 108.515
Brendan Donovan3B29FADEEV95 101.2
Randy ArozarenaLF31OPS .829126 GINDEXEV95 106.57

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 →

Grade A · #5 of 30Heat 5.9%Value $88.58 avg
Logan GilbertRCLogan Gilbert #US318
22%$35.10Collect →
Kade AndersonKade Anderson #BDC-3
21.1%$284Collect →
Leo RivasLeo Rivas [Gold] #649
18%$39.32Collect →
Randy ArozarenaRCRandy Arozarena #49
8.1%$9.63Collect →
Logan GilbertLogan Gilbert [Gold] #235
3.2%$40.04Collect →
Bryan WooBryan Woo [Gold] #62
2.7%$44.23Collect →
Luke RaleyLuke Raley #142
0.7%$35.77Collect →
Lazaro MontesRCLazaro Montes #BS-9
0.4%$33.50Collect →
Leo RivasRCLeo Rivas #US279
0.2%$34.21Collect →
Ryan SloanRyan Sloan #CPA-RS
0%$242Collect →
Colt EmersonColt Emerson #PA-CE
0%$162Collect →
Lazaro MontesLazaro Montes #BCP-58
0%$40.09Collect →
Randy ArozarenaRandy Arozarena [Gold] #431
0%$39.38Collect →
Bryan WooRCBryan Woo #88
0%$35.00Collect →
Cal RaleighCal Raleigh #149
0%$34.76Collect →
Luke RaleyRCLuke Raley #US7
0%$32.65Collect →
Jhonathan DíazJhonathan Diaz [Platinum] #332
0%$16.50Collect →
Andrés MuñozAndres Muñoz [Artist Proof] #67
0%$1.99Collect →
Andrés MuñozRCAndres Munoz #TOP-89
0%$1.31Collect →
Josh NaylorRCJosh Naylor #JNA
flat$47.00Collect →
Brendan DonovanRCBrendan Donovan #543
flat$32.00Collect →
Brendan DonovanBrendan Donovan #US150
flat$12.63Collect →
Josh NaylorJosh Naylor #69
flat$1.59Collect →
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
+$40.9Munder
MP/MW
$5.84M19 of 30 — 1 is cheapest

The five biggest commitments this season

  • Randy Arozarena$15.7M
  • Cal Raleigh$12.7M
  • J.P. Crawford$12.0M
  • Josh Naylor$11.3M
  • Logan Gilbert$10.9M

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, as of .

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 $165.0M and MLB Spreadsheets reads $168.8M $3.9M apart, with 4 days between the two sheets.

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$168.8M +$5.9M
Tax payroll
$186.1M$202.7M +$16.6M

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

$168.8M

Tax payroll

$202.7M

The bar divides the $203.0M this club pays out. It takes $0.3M back in — adjustments and credits — which is what brings the tax payroll to $202.7M.

LineCashTax
Players on the rosterSalary to the men actually playing, majors and minors.$152.5M$177.4M
Major-league salary$150.4M$172.6M
Minor-league salary$2.1M$4.8M
Players who are goneSalary buying this club no player at all.$4.2M$4.2M
Termination pay$3.3M$3.3M
Outright assignments$0.9M$0.9M
BonusesSigning bonuses charged against this season, buyouts of options declined, and bonuses already earned.$11.9M$1.0M
Signing bonuses (prorated)$9.2M
Option buyouts$1.8M
Performance and award bonuses$1.0M$1.0M
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.$20.1M
Benefits$18.4M
Pre-arb bonus pool$1.7M
Adjustments and creditsBookkeeping between the club and the league office.−$0.3M
Total$168.8M$202.7M

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 pre-consensus boards.

What the market seesWhat the engine sees
PlayerPosAgeClubResultsSampleBoardSignal
Lazaro MontesRF21Tacoma RainiersOPS .91979 G · AAPRE-CONSENSUSEV95 109.79
Jhonathan DíazP29Tacoma RainiersERA 6.40115.1 IPINDEXStuff -0.0803
Leo Rivas3B28Tacoma RainiersOPS .46048 G · MLBINDEX
Kade AndersonP22Seattle MarinersERA 1.0693.1 IP · AAINDEX
Ryan SloanP20Arkansas TravelersERA 3.6386.2 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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