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The Bundesliga becomes the latest of the top five leagues to receive new market values. Overall, the market values of 148 players competing in Germany’s top division were updated as part of the update. While Bayern Munich’s Jamal Musiala (unchanged at €140 million) now occupies the top spot on his own after the departure of Florian Wirtz to Liverpool, his teammate Michael Olise has significantly closed the gap.
The French winger saw his market value increase by €30m from €100m to €130m, further cementing his position as the second most valuable player in the Bundesliga. “His market value reflects that Olise is now one of the best players in the world,” Transfermarkt Market Value Coordinator Germany, Tobias Kröger, said. “The Frenchman has been world-class on a regular basis in the Bundesliga, Champions League, and the national team. The 24-year-old is also in high demand among England’s top clubs. In England, he is seen as a Premier League-proven player, which makes him even more valuable among clubs playing in the world’s highest spending league.”
Two other Bayern players are among the big winners as well. First, there is Dayot Upamecano, whose market value increased by 20% from €50m to €60m. “Upamecano has been a rock in Bayern’s defense and has been playing without any mistakes,” Kröger said. “In that regard, he has made a major step forward in comparison to previous seasons, where his play was often sprinkled with mistakes.” The biggest winner by percentage at Bayern, however, is one of the most talented players in German football: Lennart Karl. “He is one of the biggest talents at Bayern over the last few years,” Kröger said. “The 17-year-old has been playing consistently, and his amazing technique and ability on the ball make him a valuable player.” Karl saw his market value increase by 1233.3% from €1.5m to €20m, which makes him the most valuable player born in 2008.
Bundesliga market values: Adeyemi in top 5 – Frankfurt players rise
Away from Bayern Munich, several Dortmund players have benefited from the significant improvement in form since Niko Kovac took over as head coach. Dortmund were 11th when Kovac took over last season, and then by some miracle still managed to finish in the top four. This season, the Black and Yellows are considered the only team that could seriously challenge Bayern for the title. Dortmund started the season with four wins and two draws and, as a result, several players including Felix Nmecha (+€7m to €35m), Maximilian Beier (+€5m €30m), Jobe Bellingham (+€8m to €30m), Fábio Silva (+€8m to €28m), Daniel Svensson (+€10m to €22m) and Carney Chukwuemeka (+€2m to €20m) saw their market values increase.
The biggest winner, however, is Karim Adeyemi. The German national team player saw his market value increase by €15m from €45m to €60m. “Adeyemi attracted interest from abroad this summer, and he had a good start to the season,” Kröger said. “He is very consistent at the moment, and the transfer rumors from last summer highlight that his attributes make him a valuable player on the market. But to go up even more, he will have to be even more consistent and play a bigger role for the national team.”
At Eintracht Frankfurt, two shooting stars have seen the market value explode. Playmaker Can Uzun saw his market value increase by 150% from €18m to €45m. “After what looks like a breakout year for him, Uzun is considered one of the hottest young players in Europe,” Kröger said. “After a transition year, he is now dangerous in front of the goal and creates many dangerous moments. A mix that makes him a hot commodity on the transfer market, and if he maintains his form, the current update is just a step to a further increase as a big transfer fee becomes ever more likely next summer.” Also, on the up is Nathaniel Brown, who has been called up by Julian Nagelsmann to the German national team. “He has confirmed his development from last season and has been awarded a call-up,” Kröger said. “The wingback is the complete package, a good defender who can influence the attack. It is only a matter of time until top clubs take note.” Brown’s market value is up by €8m from €22m to €30m.
Bundesliga: Leverkusen signings up – Talents Diomande and Banks on the rise
Despite a turbulent start to the season, marked by an early coaching change from Erik ten Hag to Kasper Hjulmand, several Bayer Leverkusen players saw their market values increase. Among them are the club’s record signings, Malik Tillman and Jarell Quansah. Leverkusen spent €35m each to sign the American playmaker from PSV Eindhoven and the English defender from Liverpool. Their respective market values were adjusted accordingly. Tillman is up by €3m from €32m to €35m, and Quansah saw his market value increase by 75% from €20m to €35m. “For both, the market value has been adjusted to reflect the transfer fee,” Kröger said. “Tillman is slowly getting adjusted to the Bundesliga, and if his form continues to improve, his market value might rise further at the next update.”
Tillman isn’t the only US men’s national team eligible player with a significant increase in market value. At Augsburg, Noahkai Banks appears to be taking another significant step forward under new head coach Sandro Wagner. The 18-year-old Honolulu native saw his market value increase by 66.7% from €6m to €10m. “There have been rumors that Roma have offered Augsburg €10m,” Kröger said. “On the pitch, too, he plays like a player in that market value category. He has also been called up to the US men’s national team. A physically strong center-back, he represents everything clubs want in a defender.”
Meanwhile, at RB Leipzig, 18-year-old winger Yan Diomande, together with the already mentioned Karl, is the player with the biggest increase in market value by percentage. Recently called up to the Ivorian national team, Diomande saw his market value increase by 1233.3% from €1.5m to €20m. “Diomande joined Leipzig for €20m after just a few LaLiga games in which the fast dribbler highlighted his value,” Kröger said. “The transfer is a signal that his type of player is in high demand and should impact the market values of similar players going forward. His first few games in the Bundesliga have been promising.”
Bundesliga market values: Downgrades for Boniface, Poulsen, Lindstrøm & Co.
While the focus of this upgrade is primarily on young players with upside, there have also been a few notable players with downgrades. The most prominent example is Victor Boniface. After his failed €70m transfer to Saudi Arabia, Boniface failed his medical at AC Milan this summer. The Italians were willing to spend just €20m on the striker. Ultimately, Boniface ended up going on loan to Werder Bremen. As a result, his market value dropped by €20m from €40m to €20m. Other notable downgrades include Hamburg’s new signing, Yussuf Poulsen (-€2.5m to €5m) and Jesper Lindstrøm (-€6m to €12m). Lindstrøm was once a bright talent at Frankfurt, but his move to Napoli didn’t work out, and he is now struggling at Wolfsburg. With that in mind, his downgrade was unavoidable.
How Transfermarkt market values work
The Transfermarkt market values are calculated, taking into account various pricing models. A major factor is the Transfermarkt community, whose members discuss and evaluate player market values in detail. In general, the Transfermarkt market values are not to be equated with transfer fees.
The goal is not to predict a price but an expected value of a player in a free market. Both individual transfer modalities and situational conditions are relevant in determining market values. Examples of this are listed below. Transfermarkt does not use an algorithm (you can find the detailed market value definition here).
