In the current landscape of fantasy baseball, first basemen are proving to be a mixed bag of value. Stars like Vladimir Guerrero Jr. and Freddie Freeman still command attention, but value can be found in middle-to-late round picks. Christian Walker of the Houston Astros emerges as a prime undervalued option, signing a lucrative deal and boasting a track record of power. Conversely, Cody Bellinger's recent performance raises concerns about his ADP, placing him in the overvalued category. Meanwhile, Spencer Steer and Vinnie Pasquantino offer intriguing upside, but their draft positions may be too high given their recent stats. Finally, Michael Busch is positioned as a sleeper, showing promise going into his second year with the Cubs.

As fantasy baseball drafts approach, identifying undervalued first basemen can be crucial for success. Jake Burger, now with the Texas Rangers, slashed .250/.301/.460 with 29 homers for the Miami Marlins, showing immense power potential but facing challenges with his new lineup position. Paul Goldschmidt of the New York Yankees, despite a decline in production, remains healthy and is positioned to contribute significantly. Triston Casas of the Boston Red Sox, returning from injury, possesses a high ceiling if he can harness his strikeout rate. Christian Walker, now with the Houston Astros, is a reliable option for power and runs with a solid lineup behind him. Finally, Vinnie Pasquantino's potential for a strong RBI season with the Kansas City Royals remains tantalizing but is tempered by his injury history.

As spring training approaches, free agent first baseman Pete Alonso remains unsigned, raising questions about the New York Mets' valuation of him. Alonso, who has hit 226 career home runs since 2019—second only to Aaron Judge—had expressed a desire to stay with the Mets. However, contract negotiations have stalled, with reports suggesting he turned down a three-year offer around $70 million.

Vinnie Pasquantino of the Kansas City Royals commented that Alonso's lack of market success may stem from the Mets perceiving first basemen as less valuable due to their typically lower WAR totals. Pasquantino pointed out that first basemen handle the ball frequently but are often not valued highly in comparisons with players in other positions.

Alonso's performance last season yielded a career-low fWAR of 2.1, further complicating his market appeal. As the Mets appear to undervalue Alonso's contributions, the future of the slugger in New York remains uncertain.

The Kansas City Royals have been relatively quiet after making significant offseason moves, including re-signing right-hander Michael Wacha to a lucrative three-year contract worth $51 million. They also acquired infielder Jonathan India and outfielder Joey Wiemer through trades, but further activity has been sparse as the offseason approaches its conclusion.

The Royals' primary need lies in boosting their offense, an issue partially mitigated by the addition of India. MLB.com's Anne Rogers emphasized this concern, noting that the team aimed to secure a leadoff hitter to complement star players like Bobby Witt Jr. However, questions remain about whether these efforts will suffice.

The Kansas City Royals are actively working to enhance their roster for a postseason push in 2025, having re-signed pitcher Michael Wacha and acquired Jonathan India and Joey Wiemer.

However, they still seek additional offensive power this offseason. Analyst Joel Reuter highlighted Josh Bell as a potential buy-low candidate after a solid finish to the 2024 season. Despite competition for first base, Bell's versatility could benefit the Royals if they pursue him.