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Is Justin Herbert for Trey Lance fair?

Justin Herbert and Trey Lance have been on opposite sides of 20 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.

None of them were a straight one-for-one. Every time these two crossed, something else was attached to close it.

This is the part a calculator cannot tell you. In 5 of these deals exactly one side had to attach something extra, and 5 of those 5 times it was the Trey Lance side (0 the other way). The side that keeps having to add is the side holding the lesser asset, so the market has been treating Justin Herbert as the more valuable of the two.

20
Deals they were both in
0
Straight up, one for one
0 / 5
One side sweetened: Justin Herbert / Trey Lance

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 Trey Lance at 3, so the market currently rates Justin Herbert about 1053.3x 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 Trey Lance
2024-08-20+18%Evan HullCalvin Ridley, Brock Purdy
2024-05-31+89%Isaac Guerendo, Mark Andrews, J.K. Dobbins, 1 moreChristian Kirk, Jake Ferguson, Jaxon Smith-Njigba, 1 more, 1 2nd
2023-08-09+20%Mack Hollins, Brock Purdy, 2 1sts, 1 2nd, 2 3rds
2023-03-20-23%2 1sts
2023-02-22-21%Treylon Burks, 1 1st
2023-01-07-10%1 3rd2 1sts
2022-11-05+17%Rashod Bateman, 1 1st
2022-10-23+21%Kenyan Drake, Travis EtienneJavonte Williams, 2 1sts
2022-10-06+22%Jimmy Garoppolo, 2 1sts
2022-09-18-7%Albert OkwuegbunamDalton Schultz, Dameon Pierce, 1 1st, 1 3rd, 1 later pick

Read each row as: Justin Herbert, plus anything in the third column, was traded for Trey Lance 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 20, the whole-deal value gap runs -6.5% from the side that received Justin Herbert, so the side ending up with Trey Lance 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 Trey Lance 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 20 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 Trey Lance 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