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

Texas Rangers

American League · American League West · Globe Life Field

Umpire favor

-3.9 net runs over 134 graded gamesthe zone cost the club more than it gave, on balance.

Biggest swings: +1.9 vs LAA · +1.8 vs CLE

→ 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 66-68 Rangers open Game 1 of 3 on the road at American Family Field against the 82-51 Brewers. Facing a first-place Milwaukee club gives Texas a clear measuring stick.

at Milwaukee Brewers (82–51)

Fri, Aug 28

Game 1 of 3· American Family Field

Probables: Cody Bradford vs Logan Henderson

The card will be kept live — follow along →

First place: Milwaukee Brewers

28 games left

Aug 2811:40pmat MIL (82–51)
Aug 2911:15pmat MIL (82–51)FOX / FOX ONE
Aug 306:10pmat MIL (82–51)
Aug 3112:05amvs ATH (53–81)
Sep 112:05amvs ATH (53–81)
Sep 26:35pmvs ATH (53–81)
Sep 312:05amvs TB (79–54)
Sep 412:05amvs TB (79–54)

On the radar

What the market seesWhat the engine sees
PlayerPosAgeResultsSampleBoardSignal
Ezequiel DuranSS27OPS .779125 GFADEEV95 106.185
Wyatt LangfordLF24OPS .80482 G
Jacob LatzP30ERA 1.6859.0 IPINDEX
Jacob deGromP38ERA 4.21130.1 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 →

Grade B · #11 of 30Heat 0.2%Value $42.81 avg
Ezequiel DuranEzequiel Duran #588
7.1%$60.49Collect →
Cody FreemanRCCody Freeman #FA-CFR
2.5%$50.07Collect →
Corey SeagerCorey Seager [Gold] #96
1.6%$45.26Collect →
Nathan EovaldiRCNathan Eovaldi #BCP165
0.6%$59.00Collect →
Wyatt LangfordWyatt Langford #122
0.5%$24.00Collect →
Nicky LopezNicky Lopez #371
0.4%$32.09Collect →
Josh JungJosh Jung [Gold] #98
0.2%$38.76Collect →
Brandon NimmoBrandon Nimmo #CC-BN
0.1%$47.40Collect →
Joc PedersonJoc Pederson [Gold] #592
0.1%$38.15Collect →
Nathan EovaldiNathan Eovaldi #82
0.1%$36.07Collect →
Josh JungRCJosh Jung #HA-16
0%$84.25Collect →
Jacob deGromJacob deGrom #AA-8
0%$55.06Collect →
Sebastian WalcottSebastian Walcott #BCP-189
0%$53.50Collect →
Cody FreemanCody Freeman #CBA-CF
0%$52.82Collect →
Brandon NimmoRCBrandon Nimmo #BDPP63
0%$39.03Collect →
Ezequiel DuranRCEzequiel Duran #RA-EDU
0%$35.00Collect →
Jacob deGromRCJacob DeGrom #US-50
0%$35.00Collect →
Nicky LopezRCNicky Lopez #US202
0%$31.23Collect →
Emiliano TeodoEmiliano Teodo #CPA-ETE
0%$30.16Collect →
Joc PedersonRCJoc Pederson #192
0%$27.12Collect →
Corey SeagerRCCorey Seager #150
0%$25.00Collect →

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
+$29.6Munder
MP/MW
$6.49M24 of 30 — 1 is cheapest

The five biggest commitments this season

  • Jacob deGrom$38.0M
  • Corey Seager$31.5M
  • Nathan Eovaldi$29.0M
  • Brandon Nimmo$20.5M
  • Joc Pederson$18.5M

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 tax payroll, Cot’s reads $214.4M and MLB Spreadsheets reads $217.4M $3.0M apart, with 5 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
$183.2M$191.7M +$8.4M
Tax payroll
$209.0M$217.4M +$8.4M

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

$191.7M

The bar divides the $196.7M this club pays out. It takes $5.0M back in — cash in trades — which is what brings the cash payroll to $191.7M.

Tax payroll

$217.4M

The bar divides the $218.4M this club pays out. It takes $1.0M back in — cash in trades — which is what brings the tax payroll to $217.4M.

LineCashTax
Players on the rosterSalary to the men actually playing, majors and minors.$185.8M$192.4M
Major-league salary$183.4M$190.0M
Minor-league salary$2.4M$2.4M
Players who are goneSalary buying this club no player at all.$3.6M$4.1M
Termination pay$2.2M$2.7M
Outright assignments$1.4M$1.4M
BonusesSigning bonuses charged against this season, buyouts of options declined, and bonuses already earned.$7.3M$0.8M
Signing bonuses (prorated)$6.4M
Performance and award bonuses$0.8M$0.8M
Cash in tradesMoney sent out with a player traded away, or taken in — a negative figure — to absorb someone else's contract.−$5.0M−$1.0M
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.$1.0M
Total$191.7M$217.4M

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 pre-consensus boards.

What the market seesWhat the engine sees
PlayerPosAgeClubResultsSampleBoardSignal
Gavin CollyerP25Round Rock ExpressERA 2.5428.1 IPPRE-CONSENSUSStuff 0.8689
Ben PeoplesP25Round Rock ExpressERA 3.0039.0 IPPRE-CONSENSUSStuff 0.636
Emiliano TeodoP25Round Rock ExpressERA 3.3553.2 IPPRE-CONSENSUSStuff 0.6333
Cody Freeman2B25Texas RangersOPS .82526 GINDEXEV95 101.55
Sebastian WalcottDH20Frisco RoughRidersOPS .86624 G · 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.

On the record

  • C0004 Wyatt Langford · open

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

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