FAABFAX

The FAAB Market Report

What it actually costs to win a player off waivers. Measured from 80,449 real bids in 512 public FAAB league-seasons (10-team, 12-team, 14-team leagues, 2024 and 2025), with every losing bid included. Sleeper and ESPN show you the winning bid. The losing bids are the market. Nobody else publishes them.

80,449
real waiver bids
512
league-seasons, 2024 and 2025
27,524
losing bids included
13,931
contested auctions

Where this data comes from

Public Sleeper leagues: 512 complete league-seasons from 2024 and 2025, all 10-team, 12-team, 14-team formats with FAAB waivers. We store a reduced capture of each league: bids, outcomes, budgets, and draft slots. No names, no team names, no user accounts. Beta users' leagues are not in this report and never will be; that promise is in our privacy policy.

Those bids group into 58,769 separate player-week auctions. 13,931 of them were contested, meaning two or more managers bid on the same player in the same week. Contested auctions are where prices are real, so most of this page is built on them.

Every number below has a minimum sample size. A grey cell means the sample is under that minimum. We show it anyway, with its n, instead of hiding it. How the FAABFAX bid model uses this data is written up in plain English on the demo page.

1The price of winning

Median winning bid on contested claims, as a share of the league budget, by position and time of season. Hover any cell for the full percentile spread. The most expensive market of the season: QB in weeks 2-7, where the median contested win costs 12% of budget and the top tenth of wins run 55% or more.

W1W2-7W8-12W13-17
RB5.0%p90 29% · n=132410%p90 37% · n=13805.5%p90 28% · n=54110%p90 57% · n=490
WR4.0%p90 25% · n=16147.0%p90 28% · n=15494.2%p90 22% · n=7735.0%p90 28% · n=253
QB4.0%p90 32% · n=35712%p90 55% · n=6509.9%p90 45% · n=4005.0%p90 50% · n=201
TE4.7%p90 34% · n=6045.0%p90 25% · n=4904.7%p90 30% · n=2963.0%p90 37% · n=155

Gate: 30 contested wins per cell. Grey cells are below it and carry their n. Uncontested $0 pickups are excluded here; they get their own section below.

2How much winners overpay

Only a losing-bid ledger can measure this: the gap between the winning bid and the best losing bid. Across 12,303 contested claims, the median winner paid 2.2% of budget more than needed to win. And 25% of contested claims tied, where the dollars decided nothing and waiver priority picked the winner.

W1W2-7W8-12W13-17
RB1.8%n=13244.8%n=13803.0%n=5414.8%n=490
WR1.0%n=16143.5%n=15492.0%n=7733.0%n=253
QB2.0%n=3575.1%n=6505.0%n=4002.0%n=201
TE1.0%n=6042.0%n=4902.4%n=2961.0%n=155

Gate: 20 contested claims per cell. Claims with one winner and at least one loser only. In 8.3% of contested claims a losing bid was above the winner; those are same-week re-auctions or short budgets, and they stay in the math (details in the notes at the bottom).

3The kickoff spike is real

Week 1 carries 8x the bid volume of a typical week: 52 bids per league against a mid-season norm of about 6. Competition peaks right after: week 2 is the most contested market of the season at 28%, and by week 17 it cools to 11%.

3060Week 1: 52.3 bids per league (26,797 bids total)521Week 2: 10.9 bids per league (5,567 bids total)Week 3: 8.5 bids per league (4,330 bids total)3Week 4: 8.0 bids per league (4,111 bids total)Week 5: 10.0 bids per league (5,099 bids total)5Week 6: 8.1 bids per league (4,161 bids total)Week 7: 8.1 bids per league (4,169 bids total)7Week 8: 7.9 bids per league (4,046 bids total)Week 9: 6.7 bids per league (3,412 bids total)9Week 10: 5.9 bids per league (3,017 bids total)Week 11: 5.8 bids per league (2,980 bids total)11Week 12: 5.5 bids per league (2,801 bids total)Week 13: 5.3 bids per league (2,695 bids total)13Week 14: 5.3 bids per league (2,709 bids total)Week 15: 4.1 bids per league (2,107 bids total)15Week 16: 3.1 bids per league (1,595 bids total)Week 17: 1.6 bids per league (834 bids total)17
Bids per league per week. Weeks 1-17; week 18 is excluded because league schedules differ there.
20%40%Week 1: 28% of player-week auctions contested (n=18,376)1Week 2: 28% of player-week auctions contested (n=3,759)28%Week 3: 23% of player-week auctions contested (n=3,226)3Week 4: 22% of player-week auctions contested (n=3,075)Week 5: 27% of player-week auctions contested (n=3,573)5Week 6: 24% of player-week auctions contested (n=3,046)Week 7: 23% of player-week auctions contested (n=3,085)7Week 8: 23% of player-week auctions contested (n=2,990)Week 9: 21% of player-week auctions contested (n=2,609)9Week 10: 19% of player-week auctions contested (n=2,377)Week 11: 19% of player-week auctions contested (n=2,332)11Week 12: 17% of player-week auctions contested (n=2,279)Week 13: 20% of player-week auctions contested (n=2,048)13Week 14: 20% of player-week auctions contested (n=2,135)Week 15: 17% of player-week auctions contested (n=1,745)15Week 16: 13% of player-week auctions contested (n=1,364)Week 17: 11% of player-week auctions contested (n=735)17
Share of player-week auctions with two or more bidders.

4What the money actually bought

Every winning claim we can match to NFL weekly stats, scored by what the player did for the rest of that season. The uncomfortable result: paying more buys you very little certainty. A claim of up to 1% of budget turned into a starter or better 10% of the time; bids of 35%+ of budget managed 14%. True league winners are rare at every price: between 3.0% and 4.3% of wins, in every tier.

bid size
share of budget
wins scoredstarter or betterleague winnerbust
up to 1%10,30110%3.0%not defined below 15%
1-5%3,53714%3.6%not defined below 15%
5-10%1,94816%4.3%not defined below 15%
10-20%1,72815%3.6%not defined below 15%
20-35%89917%3.0%62%
35%+57714%4.2%60%

Gate: 50 scored wins per tier. Covers 18,990 of 52,925 winning claims (36%), the ones that match an NFL stats identity; the rest are mostly deep stashes and defenses with no stat line to score. "Bust" requires a bid of at least 15% of budget by definition (losing $2 is not a bust), so it reads "not defined" below that line. Among bids of 35%+ of budget, 60% were busts.

5Most of the waiver wire is free

Across the whole season, 56% of winning claims cost $1 or less. In week 1 it is 63%, and by week 17 it reaches 70%. The blind auction everyone sweats over decides a minority of pickups; knowing which claims will actually cost money is most of the game.

38%75%Week 1: 63% of the week's 18,000 wins cost $1 or less63%1Week 2: 44% of the week's 3,185 wins cost $1 or lessWeek 3: 49% of the week's 2,810 wins cost $1 or less3Week 4: 48% of the week's 2,651 wins cost $1 or lessWeek 5: 50% of the week's 3,112 wins cost $1 or less5Week 6: 51% of the week's 2,651 wins cost $1 or lessWeek 7: 50% of the week's 2,644 wins cost $1 or less7Week 8: 56% of the week's 2,563 wins cost $1 or lessWeek 9: 55% of the week's 2,257 wins cost $1 or less9Week 10: 58% of the week's 2,066 wins cost $1 or lessWeek 11: 53% of the week's 2,022 wins cost $1 or less11Week 12: 57% of the week's 1,996 wins cost $1 or lessWeek 13: 53% of the week's 1,745 wins cost $1 or less13Week 14: 53% of the week's 1,879 wins cost $1 or lessWeek 15: 55% of the week's 1,500 wins cost $1 or less15Week 16: 62% of the week's 1,175 wins cost $1 or lessWeek 17: 70% of the week's 656 wins cost $1 or less70%17
Share of winning claims at $1 or less, by week. Nominal dollars; league budgets here range from $20 to $10000, so the $1 line means slightly different things across leagues.

6What your bid size is really worth

On contested claims only: how often each bid size won. A $0 bid won 31% of the time. A bid of 35%+ of budget won 72%. Note what the curve does not do: it never reaches certainty, and it climbs slowly through the middle. Doubling a mid-size bid buys fewer percentage points than most managers think.

25%50%75%100%$0 bids: won 31% of the time (n=13,402 contested bids)31%$0n=13,402Bids of up to 1% of budget: won 37% of the time (n=3,802 contested bids)37%up to 1%n=3,802Bids of 1-2% of budget: won 38% of the time (n=1,945 contested bids)38%1-2%n=1,945Bids of 2-5% of budget: won 40% of the time (n=4,519 contested bids)40%2-5%n=4,519Bids of 5-10% of budget: won 45% of the time (n=4,238 contested bids)45%5-10%n=4,238Bids of 10-20% of budget: won 51% of the time (n=4,091 contested bids)51%10-20%n=4,091Bids of 20-35% of budget: won 61% of the time (n=2,222 contested bids)61%20-35%n=2,222Bids of 35%+ of budget: won 72% of the time (n=1,392 contested bids)72%35%+n=1,392
Win rate by bid size, contested player-week auctions, both seasons pooled.

Gate: 100 contested bids per band. Uncontested claims are excluded; they win at any price and would flatten this curve into a lie.

7Nobody spends their budget

Cumulative share of FAAB budget spent, across 5,708 roster-seasons. The median manager finishes week 17 having spent 40% of the budget. A quarter of managers finish under 3.0%. Unspent FAAB in December bought nothing all season; the losing bids above tell you what it could have bought.

25%50%75%100%Week 1: median 0.0% spent, middle half 0.0% to 14%1Week 2: median 3.0% spent, middle half 0.0% to 23%Week 3: median 6.0% spent, middle half 0.0% to 29%3Week 4: median 8.0% spent, middle half 0.0% to 35%Week 5: median 11% spent, middle half 0.0% to 42%5Week 6: median 14% spent, middle half 0.0% to 47%Week 7: median 17% spent, middle half 0.0% to 51%7Week 8: median 20% spent, middle half 0.0% to 55%Week 9: median 22% spent, middle half 0.0% to 60%9Week 10: median 25% spent, middle half 0.3% to 63%Week 11: median 26% spent, middle half 1.0% to 67%11Week 12: median 29% spent, middle half 1.0% to 70%Week 13: median 31% spent, middle half 2.0% to 75%13Week 14: median 34% spent, middle half 2.0% to 81%Week 15: median 37% spent, middle half 2.5% to 86%15Week 16: median 39% spent, middle half 3.0% to 89%Week 17: median 40% spent, middle half 3.0% to 90%17median 40%
Median cumulative spend (line) and the middle half of managers (band), weeks 1-17. Hover the line for exact numbers.

What this data can and cannot say

These limits matter, so they are on the page instead of in a drawer:

1. The corpus is Sleeper leagues, 2024 and 2025 only. ESPN and Yahoo markets may bid differently, and older seasons are not here.

2. Bids are recorded by week, not by waiver run. When a player is dropped and won again inside one week, those merge into one auction. That is why 8.3% of contested claims show a losing bid above the winner; excluding them would flatter the overpay number, so they stay in.

3. Outcome scoring (section 4) covers the 36% of winning claims that match an NFL stats identity. Kickers, defenses, and players with no stat line cannot be scored and are not silently counted as anything.

4. Percentages of budget pool leagues with $20 to $10000 budgets on a common scale. The $1 section uses nominal dollars and says so.

5. This page describes markets, not your league. The whole point of FAABFAX is that your league's own ledger prices players differently than any average. These are the priors; your league is the posterior.