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There are a lot of numbers and names to digest, so allow me to first offer an explanation of what everything means.

The following slides are broken into four sections:

2017 Payroll Projections

At the top of each slide, you will find each team's projected 2017 payroll courtesy of Roster Resource as well as where that payroll ranks among all 30 MLB clubs.

Pre-Arbitration Players

Below that is a bulleted list of key pre-arbitration players, followed by a quick list of any other notable players who fall into that category.

This part was the first big determining factor in where each team was ranked. Considering most of the players listed here will be making somewhere between $500,000 and $600,000 during the upcoming season, these are often the biggest values on the roster.

Top 3 Best/Worst Values

Next up, you'll find each club's three most and least valuable players for the upcoming season, based on the following three-step process.

Step 1: To start, I took each player's projected WAR for 2017. My personal preference is the ZiPS projections from Dan Szymborski, which can be found here. Those projections will be referenced as zWAR throughout the piece and will always refer back to the respective team pages on FanGraphs.

Step 2: Based on the FanGraphs value system, 1.0 WAR was worth around $8 million in 2016.

So from there, each player's projected zWAR from Step 1 was multiplied by eight. That gave us the player's projected 2017 value in millions of dollars.

Step 3: Each player's salary for 2017 was then subtracted from his projected 2017 value, resulting in his 2017 net value.

The three highest and three lowest totals were then highlighted on a pair of tables. Player salaries came again from the team pages of Roster Resource.

Formula: (2017 zWAR x 8) - 2017 salary = net value

It's important to note that pre-arbitration players were not considered for this section. Any player from that group who makes any impact will be a bargain; that's why those players were highlighted at the beginning.

In the case of a tie for one of the top three spots, the player with the higher projected WAR was chosen in the case of best value, and the player with the higher salary was chosen in the case of worst value.

Notes

Since this was such a statistic-heavy article, and there was already a lot to digest on each slide, my personal analysis was kept to a minimum. There are just a few bulleted points for each team consisting of notable observations.

Props for going through the criteria. You'll no doubt have a better understanding of what's to come.