The Arizona Diamondbacks have made a significant move to bolster their infield, acquiring eight-time All-Star third baseman Nolan Arenado from the St. Louis Cardinals on January 13, 2026. In exchange, the Cardinals received minor league right-handed pitcher Jack Martinez along with cash considerations. This trade represents a calculated gamble by Arizona GM Mike Hazen, who is betting that Arenado still has elite production left in the tank despite a down year in 2025.
From a pure value perspective, this deal hinges on one central question: How much does Arenado have left? At 34 years old (he turns 35 in April), the former Rockies and Cardinals star is firmly on the back end of his career arc. But the underlying metrics suggest there may be more upside here than the surface stats indicate. Let's dig into the numbers.
WAR Projections: What Can Arizona Expect?
Arenado posted a 2.3 fWAR in 2025, his lowest full-season total since his rookie year in 2013. That number represented a significant decline from his 4.1 fWAR in 2024 and his career average of approximately 5.0 fWAR per season. However, context matters here. The Cardinals as a team underperformed significantly in 2025, and Arenado's declining numbers were part of a broader offensive malaise in St. Louis.
Looking at projection systems for 2026, ZiPS projects Arenado for 2.8 WAR, while Steamer is slightly more bullish at 3.1 WAR. The PECOTA system, which tends to be more conservative with aging players, projects 2.5 WAR. Taking a weighted average of these systems gives us an expected output of approximately 2.8 WAR for 2026.
Projection System Consensus for Arenado 2026:
ZiPS: 2.8 WAR | Steamer: 3.1 WAR | PECOTA: 2.5 WAR
Weighted Average: 2.8 WAR
But here's where it gets interesting for Arizona. These projections were built assuming Arenado would remain in St. Louis. The move to Chase Field introduces park factor variables that could meaningfully shift his expected production, particularly on the offensive side of the ledger.
Park Factor Analysis: Busch Stadium vs. Chase Field
Busch Stadium in St. Louis has consistently graded as a below-average offensive environment, particularly for right-handed power hitters. The 2025 park factor for runs at Busch was 96, meaning it suppressed run scoring by approximately 4% relative to league average. For home runs specifically, Busch Stadium's park factor was 94, making it one of the more difficult environments for power production in the National League.
Chase Field in Phoenix tells a completely different story. The retractable-roof stadium in the desert has long been one of baseball's most hitter-friendly environments. In 2025, Chase Field posted a runs park factor of 108 and a home runs park factor of 112. The dry air and favorable dimensions create an environment where fly balls carry significantly better than at most venues.
| Stadium | Runs Factor | HR Factor | 1B Factor | 2B Factor |
|---|---|---|---|---|
| Busch Stadium (STL) | 96 | 94 | 98 | 95 |
| Chase Field (ARI) | 108 | 112 | 103 | 106 |
| Differential | +12 | +18 | +5 | +11 |
The 18-point swing in home run park factor is particularly relevant for Arenado. In 2025, he hit just 16 home runs with a career-low .152 ISO (isolated power). But his expected slugging percentage (xSLG) based on Statcast data was .429, compared to his actual slugging of .380. That 49-point gap suggests significant bad luck on batted balls that should have been extra-base hits. Moving to a more favorable environment could help close that xSLG-to-SLG gap.
Batted Ball Profile: Underlying Metrics Still Strong
Despite the disappointing surface numbers in 2025, Arenado's batted ball profile remained surprisingly robust. His average exit velocity of 89.2 mph ranked in the 62nd percentile league-wide, and his hard-hit rate of 42.1% was actually above his career average. The quality of contact wasn't the problem. The results on that contact were the problem.
Arenado's barrel rate of 10.8% was right at his career norm. His launch angle of 12.4 degrees suggests he's still hitting the ball the way he always has. The expected batting average (xBA) of .266 and expected wOBA (xwOBA) of .336 both outpaced his actual numbers of .248 and .302 respectively. These underlying metrics point to a player who was unlucky rather than one who has fundamentally declined.
The move to Chase Field should help convert more of those hard-hit balls into actual production. The park's generous dimensions in the gaps combined with the thin air should boost his BABIP (batting average on balls in play), which cratered to .267 in 2025 after sitting at .290 or higher for most of his career.
Defensive Value: Still Elite at the Hot Corner
Where Arenado truly separates himself from other third basemen is on the defensive side. Even at 34, he remains one of the premier defenders at the hot corner. In 2025, he accumulated 9 Defensive Runs Saved (DRS) and posted 5 Outs Above Average (OAA), placing him in the 88th percentile defensively among qualified third basemen.
His UZR (Ultimate Zone Rating) of 6.8 ranked third among MLB third basemen, and his range metrics remained exceptional. The combination of quick reactions, sure hands, and an accurate arm across the diamond gives Arizona an immediate defensive upgrade. The Diamondbacks ranked 22nd in team defensive efficiency in 2025, and adding Arenado's glove should help shore up the left side of the infield significantly.
Arenado 2025 Defensive Metrics:
DRS: +9 (4th among 3B) | OAA: +5 (88th percentile) | UZR: +6.8 (3rd among 3B)
Estimated Defensive WAR Contribution: 1.0-1.2
Importantly, defensive metrics for third basemen tend to age more gracefully than offensive production. The position requires less raw athleticism than center field or shortstop, and Arenado's instincts and positioning remain elite. Projection systems estimate his defensive contribution at approximately 1.0-1.2 WAR, which would account for roughly 40% of his total projected value.
Projected Win Total Impact for Arizona
The Diamondbacks finished 2025 with a disappointing 78-84 record, seven games out of a Wild Card spot. Their run differential of -31 suggested they were close to a .500 team that simply didn't catch enough breaks. Adding Arenado's projected 2.8 WAR translates to roughly 3 additional wins in the standings, all else being equal.
But the park factor adjustment suggests the raw projection systems may be underestimating Arenado's offensive output in Arizona. Adjusting for the Busch-to-Chase transition, a reasonable estimate would add 0.3-0.5 WAR to the consensus projections, bringing his expected output to approximately 3.1-3.3 WAR in his first season with the Diamondbacks.
PROJECTED WAR CONTRIBUTION
Using the standard conversion of 10 runs per WAR and approximately 10 runs per win, Arenado's addition projects to add roughly 3.2 wins to Arizona's baseline. Combined with internal improvements and other roster moves, this puts the Diamondbacks in a strong position to compete for a Wild Card spot in the loaded National League.
wRC+ and OPS+ Projections
Arenado posted a 101 wRC+ in 2025, meaning he was exactly league average offensively when adjusted for park and league factors. His OPS+ of 98 told a similar story. These were career-low marks for a player who had produced a career 118 wRC+ entering the season.
Projecting forward with the Chase Field adjustment, we can reasonably expect Arenado's wRC+ to bounce back into the 110-115 range. The park factor alone should add approximately 5-7 points to his wRC+, and positive regression on his BABIP and HR/FB rate could add another 3-5 points. A 112-115 wRC+ would represent a return to above-average offensive production, even if it falls short of his peak years in Colorado.
| Metric | 2025 Actual | 2026 Projection (ARI) | Change |
|---|---|---|---|
| wRC+ | 101 | 113 | +12 |
| OPS+ | 98 | 111 | +13 |
| HR | 16 | 22 | +6 |
| RBI | 71 | 85 | +14 |
The home run projection bump from 16 to 22 may seem aggressive, but it's actually conservative given the park factor swing. A player with Arenado's batted ball profile moving from a 94 HR park factor to a 112 HR park factor should see a significant uptick in home run production. The 22-homer projection assumes some continued age-related decline offset by the massive environmental improvement.
Contract Considerations and Future Value
The Cardinals agreed to send cash to Arizona as part of this deal, which offsets some of Arenado's remaining salary obligation. His contract runs through 2027 with a player option for 2028. Arizona is taking on approximately $26 million in average annual value for the next two guaranteed seasons, a significant but not crippling commitment for a team with a solid revenue base.
From a surplus value perspective, if Arenado delivers the projected 3.2 WAR, he would provide approximately $26-28 million in value at current market rates (roughly $8-9 million per WAR). That essentially makes him a break-even proposition in year one. If the park factor adjustment proves accurate and he outperforms projections, Arizona could end up with positive surplus value from the deal.
THE BOTTOM LINE
The Arenado acquisition represents a calculated bet by Arizona's front office that the veteran third baseman's 2025 struggles were more circumstantial than fundamental. The underlying batted ball metrics support this thesis, and the move to hitter-friendly Chase Field provides a meaningful environment upgrade.
Our model projects Arenado for 3.2 WAR in 2026, which would represent a significant improvement over his 2025 output and provide Arizona with a legitimate upgrade at the hot corner. The defensive value alone is worth approximately 1.0-1.2 WAR, and the offensive numbers should bounce back in the more favorable hitting environment.
For bettors, this trade should factor into early season win totals and division odds for the Diamondbacks. A 3-win improvement over their 2025 baseline puts Arizona firmly in Wild Card contention.