The Primer:
Because dynasty-league rankings are relatively league-dependent, I set up parameters for ranking the players below (and the ones who will follow at other positions). The list here presupposes a 16-team standard dynasty format, where there are no contracts/salaries, players can be kept forever and owners have minor league farm systems in which to hoard prospects. So feel free to adjust this as necessary for your individual league, whether it’s moving non-elite prospects without 2014 ETAs down if you don’t have separate farm teams or moving lower-risk, lower-reward players up in deeper mixed or only formats.

First base is the place you need to get offense these days if you want to compete, and after a strong first ten or so names, the rest of the options can get a little more dicey than you’d like to see. It’s not a particularly strong pipeline for prospects, but that’s not terribly uncommon for the position—the pipeline is often just as wide for players who have defensive deficiencies than it has been for strict first base prospects in the last decade or so. That won’t be any different in 2015, when Miguel Cabrera and Joe Mauer join the fold.

And now, your top 50 first basemen in dynasty formats:

1) Paul Goldschmidt, Arizona Diamondbacks

The no doubt top choice here, it’s still a little disarming just how good Goldschmidt was in 2013. As I talked with Mike Gianella about on our latest episode of Flags Fly Forever, Goldschmidt earned over $40 in NL-only leagues last season—which is an incredible feat reserved for only the elite of the elite. He’s closer to Mike Trout and Miguel Cabrera than anyone else behind him.

2) Joey Votto, Cincinnati Reds
3) Chris Davis, Baltimore Orioles
4) Edwin Encarnacion, Toronto Blue Jays
5) Prince Fielder, Texas Rangers

There’s really not much separating the players in this group, as you could make a pretty legitimate argument for anyone of these four guys at the no. 2 spot. Davis has the power and the upside. Encarnacion has just slightly less upside, but more of a track record. Fielder has the best track record of the group, he’s still in his twenties and he’s moving to Arlington. But I’ll take Votto’s consistency and the increased likelihood that he’ll age better than any other player here.

6) Eric Hosmer, Kansas City Royals

I wouldn’t call you crazy to want to lump Hosmer in at the back-end of the above tier, but I need to see more sustained performance out of him to do that. The last four months of 2013 were excellent (.318/.367/.494 with 16 homers and eight steals in 443 at bats), but it did come on the heels of a pretty tough season and a third. If he keeps this step forward and maintains this level, he has a great chance to be right behind Goldschmidt on the 2015 list.

7) Albert Pujols, Los Angeles Angels
8) Freddie Freeman, Atlanta Braves
9) Adrian Gonzalez, Los Angeles Dodgers
10) Allen Craig, St Louis Cardinals

This next group may make it seem like I’m down on Freddie Freeman, and maybe I am compared to the more vocal Freeman backers, but this is still a very strong ranking. I just happen not to believe that we’ve seen the death of Albert Pujols. Remember when we thought we’d seen the death of the no. 11 player on this list? I do. Gonzalez and Craig are good best for batting average and RBI, but where the power falls on both will swing the needle heavily for their values.

11) David Ortiz, Boston Red Sox

No, I don’t care that he’s 38 years old or that he’s only DH-eligible, Ortiz continues to rake and I do not see that slowing down in 2014.

12) Mark Trumbo, Arizona Diamondbacks
13) Jose Abreu, Chicago White Sox
14) Anthony Rizzo, Chicago Cubs
15) Billy Butler, Kansas City Royals
16) Brandon Belt, San Francisco Giants

There’s no shortage of upside in this five-some. Trumbo could hit 40 bombs in the desert. Abreu is the best Cuban hitter we’ve seen come to the United States—and given the success recent defectors have had, I don’t think anything would surprise us with the latest. Rizzo has the potential to do everything Freddie Freeman is doing; he just hasn’t put it all together yet. Butler’s ranking will look very low at the end of the season if his power from 2012 comes back—I just don’t think it will (at least not more than 20 homers). And that leaves Belt, the breakout darling of 2014. He’s a very good hitter, but I don’t see enough batting average or power to warrant the hype (and subsequent price) he has heading into Opening Day. But more about that tomorrow…

17) Brandon Moss, Oakland Athletics
18) Mike Napoli, Boston Red Sox
19) Matt Adams, St Louis Cardinals
20) Jonathan Singleton, Houston Astros
21) Kendrys Morales, Free Agent

The next round of sluggers is a combination of old and young. Don’t overlook Brandon Moss and what he’s done over the last two seasons—and don’t think he can’t do the same thing in 2014 and beyond. Beware of chasing Adams’ power, as eight of his 17 homers last season were in September, against expanded rosters. He’s more of a natural hitter with some power than a true power hitter. And conversely, don’t underrate Singleton because of his thoroughly depressing 2013 season. He’s back in shape and is coming off a very strong winter ball campaign in Puerto Rico.

22) Dan Vogelbach, Chicago Cubs

I’m continuing to buy all the Vogelbach shares I can in dynasty leagues. His prospect star hasn’t caught up to the upside he can have for fantasy. He’s already a top-50 fantasy prospect in baseball and his stock is rising.

23) Justin Morneau, Colorado Rockies
24) Mark Teixeira, New York Yankees
25) Ike Davis, New York Mets
26) Yonder Alonso, San Diego Padres
27) Chris Carter, Houston Astros
28) Nick Swisher, Cleveland Indians
29) Victor Martinez, Detroit Tigers
30) Corey Hart, Seattle Mariners
31) Dominic Smith, New York Mets
32) Adam Lind, Toronto Blue Jays

These next 10 names are a combination of former high-end fantasy options, lower-end current options and players with prospect pedigrees. As can be inferred by their rankings, I think Ike Davis and Chris Carter can continue to be strong sources of power, even if their other contributions remain feeble. Corey Hart should see his raw stats drop in Safeco and Justin Morneau should see the opposite happen in Coors Field.

33) Ryan Howard, Philadelphia Phillies
34) C.J. Cron, Los Angeles Angels
35) Mitch Moreland, Texas Rangers
36) Logan Morrison, Seattle Mariners
37) Adam Dunn, Chicago White Sox
38) Adam LaRoche, Washington Nationals
39) Justin Smoak, Seattle Mariners
40) James Loney, Tampa Bay Rays

This is where things start to get a little ugly. Howard and Dunn have their best days well in their rearview mirror, and could be done as mixed league fantasy options any year now. Cron killed it in the Arizona Fall League, but that only raises my interest slightly—how his power will play through at the major league level is still a concern. And James Loney was a great story last year, but he’s just not much of a mixed league play at this level. Though he does make for a good deep league and AL-only value.

41) Lucas Duda, New York Mets
42) Ronald Guzman, Texas Rangers
43) Gregory Bird, New York Yankees
44) Garrett Jones, Miami Marlins
45) Matthew Skole, Washington Nationals
46) Darin Ruf, Philadelphia Phillies
47) Brett Wallace, Houston Astros
48) Japhet Amador, Houston Astros
49) Kyle Blanks, San Diego Padres
50) Hunter Morris, Milwaukee Brewers

And this is where things get more ugly. Sure, maybe you get lucky with a guy like Bird or Skole, but it’s far more likely that any of these players aren’t worth the bandwidth their Baseball-Reference page takes up in fantasy value. If I had to roster one of these players, I might just take Amador for the jokes.

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I've heard it mentioned a few times on the site/podcasts that Adams' September homers came against diluted competition. True, with the exception of Zimmerman, they were all not top-flight pitchers, but I don't think any of them were September call-ups, actually.
This is just fabulous -- thanks so much. The upgraded, dynasty-focused rankings make this nothing less than the best fantasy site out there -- an amazing thing to say about BP.

Question: doesn't Guzman deserve a little more love due to his upside? I would think that, even if there's only a 20 pct chance that he emerges as a 20-25+ HR guy, that would warrant a higher ranking.
If he currently projected as a 25+ homer guy, you'd be right, but if he's just a 15-20 homer guy, that's just not enough upside to warrant being further up the list. That said, I like Guzman--he's just more solid at ceiling than great.
No respect for Matt Adams
True. Since his prospect days when he hit everything, he's been underrated. He produced more value than Rizzo, with 20 points more wOBA, playing most of the year on a every-three-days/pinch-hit basis. The kid hits. Given a full-time opportunity, he's going to adjust and hit more. His homers came in September against decent pitchers, not call-ups, and they came then because Allen Craig went down then, not because the game was easy for Adams....though hitting has always been easy for Adams.
The top-20 of this list is very strong and deep. I like Adams a lot, but a higher spot just isn't warranted for him just yet. Especially because he could find himself on the outside looking in at the Cardinals' lineup if he struggles out of the gate. In this case, their organizational depth works against his individual value. He's a hitter though.
Adams is one of the ten-best hitting 1B, and thus 10 best fantasy 1B, in baseball. There were not 10 better hitting 1B with 300 or more PA last year by wOBA, and there were not 5 better hitting 1B than him when he was turned loose to play full time. There were not 5 better hitters at any position alongside him in low-A, AA, or AAA. He's the real deal, and betting on him to hit himself out of a job rather than the other way around is not a bet I'd make. He's a 30 homer guy in a league that doesn't have many 30 homer guys. While hitting 280. There are not 10 1B in baseball about whom you can say that.
Are you guys still considering Joe Mauer as a Catcher for these rankings?
Forget it, totally missed his name at the top of this article.
Put me down as thinking Yonder Alonso will be higher on this list next year.
I totally disagree that Matt Adams HAS to be a top 10 on this list. There's just too many guys ahead of him with a proven track record. Not to mention one of the points made on the TINO pod, regarding the Cards tendency to protect him from LHP last season. IF he gets a full time role(which is a huge if) You'd have to expect less than a 280 average and I take the under on 30 HR. 19 is a more than adequate ranking IMO.
Any love for Nate Freiman? Probably get a chance to play for the A's and always raked in the minors.