Fantasy Baseball: Week 5 Waiver Wire Outfielders

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The free agent pool in 12-team formats with 30 roster slots leaves fantasy managers with weaker options. Picking up on player trends can lead to finding surprising results, but a fantasy manager must believe in their long-term ceiling.
⚾ Miguel Vargas makes his mark with a massive home run for the Chicago White Sox! ⚾
— MiloX Sports MLB (@MiloXSportsMLB) April 24, 2025
That’s his first of the season, and it’s a game-changer! Get ready, White Sox fans—this is just the beginning!
Catch the highlight here: ⬇️ pic.twitter.com/5cV6AzpbJP
Andrew Benintendi, CWS
A trip to the injured list led to Benintendi's return to the free agent pool in many 12-team leagues. Over his last nine games, he only hit .176 over 34 at-bats, but two balls left the yard with three runs and three RBIs. Benintendi struggled vs. lefties over the past two seasons (25-for-126 with 11 runs, five home runs, and 14 RBIs), inviting a platoon role if not corrected in 2025.
Last year, he was a backend outfield asset over his final 288 at-bats (.253/38/17/47/1). Benintendi should be rostered in most deep formats, while being a reasonable OF5 swing in 12-team formats. The White Sox face 12 right-handed pitchers over the next two weeks.
Miguel Vargas, CWS
I must be the biggest Vargas supporter in the high-stakes market, but I released him in most of my 12-team league last week. He has a four-game hitting streak (7-for-16) with three runs, one home run, and two RBIs. The White Sox hit him 9th and 1st over his last two starts, giving him a wide range of at-bat chances from game to game. His exit velocity (90.4 mph) and hard-hit rate (40.3) are up this year while offering a fly-ball swing path (49.3).
His low batting average (.189) and minimal production (10 runs, one home run, eight RBIs, and one steal) suggest a minimal fight for him again this waiver period. In his first home run game (422 feet), Vargas hit a ball to the right center field fence in his first at-bat. I’m buying again if I need an upgrade in my outfield.
Alek Thomas, ARI
Over the past couple of weeks, I’ve been tracking Thomas in 15-team leagues. He’s still looking for his first home run while having a few too many strikeouts (17 over 65 at-bats – 23.6%). His exit velocity (92.5 mph) is a career-high level, but Thomas continues to have a worm-killer launch angle (3.1) and a low fly-ball rate (24.5).
The Diamondbacks shipped Jake McCarthy back to AAA, creating a better opportunity for Thomas. His minor league career (.317/279/40/206/48 over 1,435 at-bats) paints a higher ceiling.
Andy Pages, LAD
The bat of Pages has picked up over his last three matches (six-for-11 with three runs, two home runs, and three RBIs). His strikeout rate (27.4) continues to hurt his ceiling, but he does have a power upside profile in the minors (88 home runs over 1,396 at-bats).
Pages has a bottom-of-the-order opportunity, hurting counting stats. Buy his uptick in home runs, and see what next week brings.
Angel Martinez, CLE
Over his first 13 games for the Guardians, Martinez is hitting .362 over 47 at-bats, but he only has four runs, four RBIs, and two stolen bases. Martinez has yet to take a walk with six strikeouts. Between AA and AAA, over 854 at-bats, he hit .260 with 125 runs, 24 home runs, 131 RBIs, and 19 stolen bases.
There is more here than his counting stats show, but Martinez will give away his early gain in batting average. I view him as a sneaky option in 12-team leagues this week.
More Fantasy Baseball News:
Fantasy Baseball Prospect Watch: Jordan Lawlar Headlines Top Infielders
Week 5 Fantasy Baseball Injury Report (Hitters)
Week 5 Fantasy Baseball Injury Report (Pitchers)
Fantasy Baseball: Week 5 Closer Depth Charts & Bullpen Report

With 20+ years of experience in the high-stakes fantasy market, I aim to research and compete at the highest level in baseball and football each season. I've contributed as a writer/analyst for Sports Draft Daily, ScoutPro, Scout Fantasy, Fulltime Fantasy, FFToolbox, and Sports Illustrated Fantasy. I'm honored to be in the National Fantasy Baseball Championship Hall of Fame. My drafting philosophy is risk-averse yet open to betting on potential game-changers. I approach player selection with a neutral perspective, acknowledging that fantasy sports are inherently unpredictable due to injuries, performance dips, and managerial decisions. My work focuses on these main areas: - Season-long fantasy baseball and football - BestBall Baseball and Football Events - Daily Fantasy Sports (DFS): DraftKings, FanDuel, and Underdog - Long Shot Player Prop Parlays for NFL I participate in various leagues and contests, including NFBC, NFFC, RTSports, FFPC, DraftKings, Underdog Fantasy, FanDuel, and FFWC, with the goal of leveraging my extensive experience and research for success in each game format. A fantasy follower can expect in-depth profiles of NFL and MLB players, along with season-long and weekly projections for each fantasy football season. In addition, I have many strategy articles to help develop fantasy players' learning curves.
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