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Is Justin Herbert for Patrick Mahomes fair?

Justin Herbert and Patrick Mahomes have been on opposite sides of 53 real dynasty trades.

Not simulations and not a calculator lining up two numbers. Every one of them is a completed trade from a public Sleeper league, graded at the player values that were current on the day it happened.

Most of those were larger deals with other pieces attached. 5 of them were straight up: Justin Herbert for Patrick Mahomes, nothing else changing hands.

This is the part a calculator cannot tell you. In 9 of these deals exactly one side had to attach something extra, and 7 of those 9 times it was the Justin Herbert side (2 the other way). The side that keeps having to add is the side holding the lesser asset, so the market has been treating Patrick Mahomes as the more valuable of the two.

53
Deals they were both in
5
Straight up, one for one
7 / 2
One side sweetened: Justin Herbert / Patrick Mahomes

What they cost today

Everything above is priced on the day each deal happened, which is the only honest way to grade a completed trade. It is not what they cost now. Today Justin Herbert prices at 3,160 and Patrick Mahomes at 4,309, so the market currently rates Patrick Mahomes about 1.4x the other. A pair can lean one way across its history and price the opposite way now; that gap is the whole reason to check the deal in front of you rather than the deal someone made in 2023.

Values as of 2026-07-24.

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The deals themselves

DateMarginWent with Justin HerbertWent with Patrick Mahomes
2026-05-15+2%Jordan Addison1 2nd
2025-10-19-49%Quentin Johnston, 1 1st, 1 2ndTheo Johnson, Xavier Worthy, Rico Dowdle, 1 more
2025-08-23-16%Jalen Royals, 1 3rd
2025-08-04+0%1 1stJalen McMillan, 4 2nds
2025-07-31+7%Javonte Williams, C.J. Stroud, 1 3rdSaquon Barkley, 1 2nd
2025-06-19-55%Taylor Heinicke, Bobby Okereke, Jerry Jeudy, 1 more, 1 later pickDK Metcalf, Tyrel Dodson, Javonte Williams, 1 more
2024-10-01-25%1 1stChase Brown
2024-09-19+4%Malik Nabers, C.J. StroudDJ Moore, Trevor Lawrence, Jordan Addison
2024-08-01-14%C.J. StroudJayden Daniels
2024-03-10-35%Treylon Burks, Quentin Johnston, 1 1stDrake London, 1 1st

Read each row as: Justin Herbert, plus anything in the third column, was traded for Patrick Mahomes plus anything in the fourth. An em dash means that side sent nobody else. Margin is the value gap at that day’s prices from the side that received Justin Herbert; positive means that side came out ahead.

The whole-deal margin

Across all 53, the whole-deal value gap runs -3.8% from the side that received Justin Herbert, so the side ending up with Patrick Mahomes has generally come out ahead on face value. That measures the entire trade, every piece included, not these two players against each other.

Why this beats a calculator on this exact question

A calculator answers “is Justin Herbert for Patrick Mahomes fair” by subtracting one number from another, and it gives every manager in your league the same answer. That tells you nothing about whether the trade closes. What closes it is whether one side has to attach a piece, and which side that usually is. The 53 deals above are the record of what leagues actually agreed to when these two were on the table together.

How trade fairness actually works →

Full trade histories

Every Justin Herbert trade · Every Patrick Mahomes trade

Other matchups for these two

All players with real trade data →

Values from DynastyProcess and nflverse. Trades from public Sleeper leagues. When the data will not support a fair grade I leave it out and say so. Is this trade fair? · All players · Privacy · Terms