zovirax cream online glucophage tabletas 500 mg levitra 20mg jellies buy kamagra soft pattaya viagra buying 2011 100mg cialis dosage diflucan generic online diflucan 150 mg costo toddler prednisone 5mg cialis 5 mg einnahme propranolol 40 mg dosage cheap cialis ed packungsbeilage viagra 100mg 10 mg phenergan orlistat cheap xenical price generic augmentin illegal buy kamagra wellbutrin 450 mg bipolar prednisone 20mg cancer buy nolvadex walgreens clomid 50mg ovulation comprar viagra 100mg thuoc viagra 25mg priligy purchase online generic wellbutrin doses switching synthroid generic prednisone online purchase amoxil 50 mg buying clomid injection get propranolol online buying viagra shanghai propranolol hcl 20mg viagra generic quality dos generic viagra liquid clomid online cheap pills cialis splitting 20mg cialis buy zithromax prescription 80 mg levitra viagra online rischi propecia cheap finasteride amoxil 500 mg toothache levitra 5 mg ausreichend buy nolvadex dropper generic cialis replacement kamagra 25 mg lexapro 15 mg price augmentin tablets 875mg scherzartikel online viagra took 2 5mg cialis bactrim online cheap cipro xl 500 buy viagra online indian buy 50mg clomid xenical 180 mg relsuts buy bactrim cheap strattera cheaper cialis took 40 mg viagra 250 mg obat erythromycin 250 mg buy zithromax tablet buy viagra price metformin buying buy cytotec ireland buy propecia men lexapro 10mg canada lisinopril 10 mg wiki lexapro 5 mg anxiety buy metformin uk cialis 40 mg sublingual cialis 20mg philippines zoloft dose 250 mg order propecia us propecia online hong cialis generico precio nexium esomeprazole 10mg chinese viagra buy will lexapro generic glucophage forte 850 mg viagra online experience nexium 20 mg nedir cheap online kamagra amoxicillin 500mg amoxil 200 mg generic viagra viagra 50mg dose propecia 1mg review buy cialis venezuela buy lisinopril 40 cvs cialis 5mg buy cialis 2.5 mg bfp 100mg clomid celebrex generic dosage Online Levitra 10 pills lasix 500 mg online durata viagra 100mg clomid challenge 50mg zoloft dosage 400 mg clomid 50 mg tabletki Cialis 5 mg Washington cheap tadalafil cialis valtrex 500 mg valor nexium 20mg esomeprazole cost viagra online hydrochlorothiazide online canada generic lexapro better amoxil 500 mg cost prednisone 20 mg prescription priligy generico 30 mg breaking 20 mg cialis cialis online compare pastile cialis 20mg tlilly cialis 100 mg 30 mg propranolol took 3 5mg cialis viagra 25 mg ceny generic celebrex same cheapgeneric cialis uk dosage cipro 500 mg hay viagra generico cialis 40mg overnight viagra online .au prospecto strattera 25 mg existe clomid 100mg safest viagra online augmentin 625mg uk generic viagra onlineusa zithromax 200 mg 5ml buy viagra trusted viagra 10 pills buy 10 mg cialis online generic viagra hypertension buy lasix pills kamagra 100mg chewable lasix furosemide online drug nexium 40mg buy zithromax brand preisvergleich cialis 20 mg 12 buy dapoxetine online cheap viagra pleasure viagra strength mg 600mg viagra order lasix drug erythromycin tablet 500 mg lisinopril 10mg. interactionn diflucan 150 mg precio viagra online pharmacy diflucan 10 mg walmart zoloft dosage 250 mg cipro 250 mg price viagra online toronto levitra 20mg alberta propecia online kopen levitra cheap achat cialis 10mg buying 40mg cialis buy bactrim liquid generic cialis source valtrex online cheap kamagra manchester buy wellbutrin 900 mg buy viagra america prednisone 7 days 20 mgs natural viagra online propranolol mk 40 mg viagra 50 mg posologie augmentin 652 mg glucophage 1000 mg prezzo buy diflucan 150mg synthroid . 2mg lexapro 5 mgs propranolol dosage 40 mg diflucan 150 mg torrino viagra buy brisbane order levitra mastercard recipe viagra online buy viagra sachets starting citalopram 5mg buy viagra chemist red viagra 600mg lexapro generic medications cheap real cialis propecia generic substitute cheap overnight cialis mg of zithromax 200 mg clomid twins valtrex generic cheapest buy viagra without buy lisinopril 40 mg augmentin 200 mg suspension order Cialis 120 prednisone biogaran 20 mg cap augmentin 625mg 1000 mg amoxil doxycycline 75 mg overdose levitra vs generic cialis wirkung 20mg cialis 40mgvs20mg cialis 10mg forum medikament zoloft 50mg acquistare levitra 5 mg priligy comprar online ferrari viagra 150mg lexapro 20 mg canada generic cialis strattera mg available prednisone streuli 50 mg viagra generico vendita cytotec pharmacy online 100 mg viagra cost glucophage generic metformin buy zovirax online cheap cialis 5mg priligy de 30 mg generic viagra egypt cheap nolvadex 20mg propranolol 10 mg migraines 25 mg zoloft pmdd pastillas levitra 10 mg levitra 20 mg treatment buy zoloft online xenical online philippines Levitra 180 pills Buy viagra de 500 mg cheap cialis 10mg generic versus lexapro merrick generic propecia viagra online discount buying cytotec online buy uk metformin order hydrochlorothiazide online lisinopril dosage generic online levitra rx cialis 2.5mg buy levitra 10mg paypal cipro 750 mg filmtabl cialis 10 mg halbieren nexium 40 mg vademecum 500 mg of valtrex buying levitra australia generic wellbutrin image chip cialis 40 mg bactrim forte 160 mg online shop viagra clomid pct 50mg experience buying cialis buy zovirax amoxil 500mg caps buspar mgs levitra 10mg effects lisinopril buyer safe generic viagra preise viagra 50 mg lexapro 20 mg tablets original lexapro online generic lexapro discount prednisone 5mg ndc viagra buy australia prospect viagra 50 mg strattera mail order cipro tabletki 500 mg 100mg viagra cost propecia order finasteride strattera 10 mg wikipedia 10 mg lisinopril cheap lexapro uk 150 mg clomid multiples levitra europe online buy nolvadex safely cialis canadian generic cialis 5 mg ansia viagra doctors online generic zovirax ingredients generic viagra echeck generic cipro hc generic viagra 10mg metformin hexal 500 mg assunzione levitra 5 mg cytotec 200 mg prix ordering propecia overseas cheap rx cialis 40mg of levitra cialis 5mg rezept xenical generic name cialis generic4all augmentin nombre generico online rezept viagra online viagra now nexium 40mg gastrite prednisone pack 5 mg glucophage 1000 mg compresse cipro cheap online zovirax generic price pet doxycycline 100mg cialis generico chile cialis sklep online cialis generico mx viagra buy tablets generic of cipro lexapro 10 mg tablets prednisone 6 day 10mg nolvadex cheap uk generic cipro 600mg zovirax tabletter 800 mg finasteride propecia 5mg viagra 6800mg levitra not generic zoloft order canada generic viagra website 100 mg kamagra tablets zovirax generic uk clomid generic multiples 2013 wellbutrin generic a 101 buy viagra zimbabwe generico do lisinopril lexapro generic launch metformin generic problems black cialis 3000 mg levitra 20mg achat levitra 20 mg viagra 2 25mg of viagra valtrex 500mg dosage viagra droga generica dreampharmaceuticals online wellbutrin cialis soft 100mg drug online viagra strattera 80 mg effects buying cialis manila cipro 250 mg uti propecia cheapest buy cytotec 100 mg viagra order india glucophage 500 mg lisinopril 10 mg safe viagra quebec online diflucan liquid buy lasix generico levitra 40 mg online viagra paypal 100mg generic viagra anygood diflucan generic buy valtrex 1000 mg dreampharmaceuticals diflucan online jual viagra 100 mg starting 20 mg lexapro buspar 10mg reviews generic strattera india doxycycline 50 mgs kamagra online nachnahme buy prednisone 1 mg cheapest viagra 800mg 20mg cialis coupons wellbutrin retard 300 mg viagra london buy viagra online japan erfahrungen online viagra metformin 500 mg 48 93 clomid online sale dosis celebrex 100 mg will levitra generic buy cialis 50mg cipro 250 mg harnwegsinfekt posologia xenical 120 mg cialis medication online 100mg viagra taking 2 cialis online ads levitra 5 mg fiyati viagra price online buy levitra walmart viagra 50mg erfahrung levitra 20mg dosierung buy 1 diflucan pill 30 mg lexapro breastfeeding wellbutrin generic withdrawal cialis 20 mg china cheap levitra 40mg nexium 20 mg tabletten cialis 20 oder 10 mg cipro online purchase cipro order cialis online no order prescription viagra wellbutrin recall generic cheappfizer viagra 100gm viagra 50 mg expiration generico do bactrim zoloft 50 mg erowid cialis 20 mg gebruik strattera generic available viagra buy can generic cialis recommended prednisone 20 mg taper cialis 20mg .at levitra online clomid 50mg generico do lexapro order zovirax cialis pills 5 mg buy lexapro lundbeck online viagra advice viagra generico c50 purchase erythromycin online generic zithromax walmart lexapro 10mg recreationally nexium 40 mg pdf viagra genericssouth africa augmentin suspension 250 mg acheter cialis generic prednisone 20mg image generic lisinopril cheap clomid 50 mg buy valtrex 500 mg generico diflucan 100mg pret lisinopril 10 mg w 929 viagra 50mg indications cheap propecia cost cheap viagra wholesale viagra 50mg cost viagra 100mg color propranolol 40 mg effects generic cialis quality tapering prednisone 50 mg bactrim 480mg cialis de 20 mgr levitra generic us clomid online drugs patente viagra generico prednisone 20mg rash zoloft 100 mg prezzo about doxycycline 100mg cheapviagrageneric viagra metformin overdose mg viagra 50 mg 2 tablet doxycycline accord 100 mg prednisone 5mg chat generic valtrex wiki viagra online sample generic valtrex manufacturer cheap valtrex 1000mg nolvadex buy canada doxycycline dose 100 mg generic propecia finasteride zovirax buy generic buy levitra packs valtrex generic 1000mg tetracycline 500 mg dosage nexium generic image 10 mg cialis dosage levitra 5 mg bayer levitra 20mg kosten mg of wellbutrin hydrochlorothiazide 12.5 mg tablet cialis cena 20 mg buy wellbutrin canada cialis 10 mg opinioni buy xenical 84 capsules cialis 20 mg interactions buy doxycycline inj. cialis de 5 mgrs synthroid generic cheap cialis web celebrex cheaper alternative buspar overdose mg celebrex dosage 200 mg zoloft 25 mg price viagra mexico generic prospecto cialis 5 mg order cs viagra viagra no.1 200mg lexapro 10mg paxil generic supplements cialis prednisone 60 mg daily prednisone 7.5 mg daily uk propecia cheap lasix 20 mg tabs zoloft mg overdose valtrex prices generic diflucan available generic lexapro 60 mg dose 150mg viagra online ordering lisinopril cialis lady 20mg cialis tabletas 20 mg viagra buying canada propecia 0.25mg kullananlar cialis lilly 5 mg buspar 30 mg reviews generic medication propecia amoxil 250 mg bula buy clomid legit edmonton viagra buy phenergan tabs 25mg zovirax 400 mg bula prednisone 30 mg online cialis 20mg test generic diflucan 150 mg kamagra 50 mg jelly online viagra cheap buy epistane nolvadex metformin 500mg pcos
Home Pete Toms LWIB: Thoughts on Salary Arbitration, and the Possibility of the Triple-A Beavers Leaving Portland

Like Shoot to Thrill - An AC/DC Tribute on Facebook!

An authentic tribute of AC/DC that covers the best of the Bon Scott era and the best of Brian Johnson's material

Who's Online?

We have 586 guests online

Atom RSS

LWIB: Thoughts on Salary Arbitration, and the Possibility of the Triple-A Beavers Leaving Portland PDF Print E-mail
User Rating: / 8
PoorBest 
Pete Toms Article Archive
Written by Pete Toms   
Monday, 25 January 2010 01:51

Last Week in Bizball by Pete Toms

This week in LWIB, in defense of salary arbitration and the real possibility that Portland will soon be without Triple-A baseball.

SALARY ARB, IT’S A GOOD THING

LWIB the salary arbitration season was in full swing. As is typical this time of year, many baseball pundits expressed their shock and dismay over the enormous wage increases being awarded newly “arb eligible” players. The focus of the reporting and opinion was naturally Giants pitcher Tim Lincecum. Lincecum won his second consecutive Cy Young award in 09, the first pitcher to do so since future Hall of Famer Randy Johnson won four consecutive from 99-02. Maury Brown wrote for Yahoo! Sports that thanks to salary arbitration, Lincecum is certain to receive a staggering pay increase for the 10 season, perhaps as much as 1900%. (Lincecum’s 09 base salary was $650,000, he has “filed” for a salary of $13 million for 10) More from Maury;

How much will Lincecum land? He filed for $13 million on Tuesday, while the Giants countered with an offer of $8 million. Even a pre-hearing compromise at the mid-point would cost San Francisco $10.5 million. The choking you hear is from Giants GM Brian Sabean. Welcome to the salary arbitration game.

There is uniform agreement that the introduction of salary arbitration in 73 has had a more inflationary impact on player compensation than the introduction of free agency. But not all agree that salary arbitration is unfair to the owners and that, in fact, the newly “arb eligible” players are deserving of the whopping pay increases that the process brings. (The vast majority of cases never go to arbitration but the process nonetheless is responsible for enormous pay increases) Keith Law commented on the Lincecum “filing” for ESPN, If anything, Lincecum's agents underfiled; his case was unprecedented and a number of $15-18 million would have been defensible.” Lincecum has received slightly more than $1 million in base salary from the Giants over his past two consecutive Cy Young Award seasons. LWIB, Paul Daugherty wrote a piece for Ohio based Enquirer Media lamenting the unfairness to small market clubs of the salary arbitration system. Mr. Daugherty’s piece includes this comment from player agent Joe Bick, “Once you get a guy to the point he’s arbitration eligible, that means he has made a pretty valuable contribution to your club for three years, and you have paid him very little. It’s about time the guy made some money.’’

In order to avoid the adversarial exchanges inherent in a salary arbitration hearing, many players and their clubs agree (pre hearing) to a salary at the mid-point between the filings of each side. As Maury Brown noted in his aforementioned report, that mid-point in Lincecum’s case is $10.5 million. But does that figure represent Lincecum’s value in an open market? Consider that recently signed pitcher Joel Piniero received a two year deal for $16 million in the FA market. In 2003, the late Doug Pappas wrote about the salary arbitration process;

In recent years, the owners have come to resent the near-automatic raises earned by players who file for salary arbitration. They occasionally propose eliminating arbitration in return for making players eligible for free agency a year or two sooner. That they never offer to allow all arbitration-eligible players to file for free agency instead is strong evidence that the owners' real objective is to reduce player salaries, not to eliminate any perceived unfairness in the arbitration process.

In fact, arbitration still gives the owner ultimate control of the player's destiny. If he thinks an arbitrator would be too generous, he can release the player outright. If the player develops into a superstar, the owner reaps a windfall. For example, Albert Pujols of the Cardinals is in his third major league season. The 2001 Rookie of the Year, 2002 MVP runner-up and likely 2003 MVP has earned a total of $1.7 million, while rendering performance worth at least $30 million on the open market. Pujols will be eligible for salary arbitration after the 2003 season, but even if he's awarded a $9 million salary (a 1,000% raise), he'll still be underpaid.

The 2003 CBA is the first to make no significant changes in the arbitration process. It won't be the last. For owners and players alike, salary arbitration has proved a happy medium between the reserve clause and free agency.

In 2008, economist Phil Miller defended MLB salary arbitration in a post for The Sports Economist blog;

…….another reason for why the average player sees a nice raise just for becoming eligible: reserved players are in a monopsonistic labor market and, thus, earn salaries below their marginal values to their respective teams.

You can argue that part of the difference between salaries and marginal value can be considered a return on investment in minor league training. You can also argue that part of the difference goes to pure monopsony rent. The point is that reserved players are paid less than their marginal value and arbitrated players are paid closer to their marginal value because arbitration mimics, albeit imperfectly, a competitive labor market. Thus the jump in salaries by becoming eligible.

Fans of MLB should remember player holdouts were a staple of the pre salary arb era of the late 60’s and early 70’s.  This era included the now seemingly bizarre practice of players playing without a contract. There were many instances, but amongst the most notable were St. Louis Cardinals star C Ted Simmons playing without a contract in 72 up until his appearance in that season’s All Star Game and, of course, P Andy Messersmith playing the 75 season for the Dodgers sans contract. Again from Maury Brown’s aforementioned report, “The owners and commissioner Bowie Kuhn, realizing the wolves were at the door, voted 22-2 to allow salary arbitration as a way of stopping the holdouts, and rationalized that, in the long run, it might prevent free agency.” While obviously the introduction of salary arbitration did not forestall the introduction of free agency, fans have long been spared the disheartening player holdouts of the pre salary arb era.

Going forward, possibly more worrisome to management than the huge pay increases that newly “arb eligible” players receive is the growing concern that “arb eligible” veteran players are able to command greater compensation by accepting salary arbitration instead of opting for free agency. This situation is the opposite of the likes of Lincecum (and in the recent past Ryan Howard and Albert Pujols) receiving huge pay increases as a result of being newly “arb eligible” but still significantly less than what they would command as free agents. This trend is a result of the diminished demand for free agents and complicates clubs’ decisions on whether to forego draft pick compensation (if they decline to offer arbitration) when losing a player via free agency.

Select Read More to see details of the Triple-A Beavers, and the possibility of them leaving Portland:

 

 

TRIPLE-A TO DEPART PORTLAND?

LWIB brought the news that 2010 is likely the final season for the Triple-A Portland Beavers of the PCL. Triple-A baseball returned to Portland for the 2001 season following several years of the city being home to Class A. Speculation that Triple-A will be leaving Portland stems from the announcement last week that the city of Portland has reached an agreement with Merritt Paulson to convert the baseball stadium (PGE Park) to a facility suitable for their expansion MLS franchise which begins play in 2011. The renovated stadium will also be home to Portland State University’s football team but there are no plans for it to accommodate a baseball franchise. Portland City Council is expected to approve the agreement next week. Mr. Paulson owns both the MLS and TRIPLE-A franchises but his plans beyond this season for his baseball club are unknown. Ballpark Digest reported:

From what we're told, Paulson and the city will continue to work on a potential ballpark site and funding plan; at this time there are no plans to move the team. But building a new home for the Beavers will take a year or so, and we're already bumping against any 2011 ballpark opening being done on a very tight schedule. Plus, it's not as though there are any ballparks in the greater Portland area that could be pressed into service as a temporary Beavers home. Given all of this, it's pretty clear there's the very real chance the Beavers will be playing somewhere else in 2011.

The Portland Business Journal reported:

The agreement includes a clause calling for Peregrine (LWIB note; Peregrine being Mr. Paulson’s LLC) to indemnify the city from any claim from the Pacific Coast League related to the Triple-A Portland Beavers not being able to use the stadium following the 2010 season. The clause could leave the door open for the Beavers to leave town.

It essentially puts any legal onus on Paulson, as opposed to the city, should the league object to the Beavers' relocation, said Ty Kovatch, Commissioner Randy Leonard's chief of staff.

With 2010 being an even numbered year, many PDC’s (Player Development Contracts) between MLB franchises and their independently owned minor league affiliates are up for renewal. The fate of the “Beavos” will be a key part of this bi-annual game of minor league affiliate “musical chairs”.


BUSINESS OF SPORTS NETWORK FEATURE STORY:

(THE BIZ OF HOCKEY)


Pete Toms is an author for the Business of Sports Network, most notably, The Biz of Baseball. He looks forward to your comments and can be contacted through The Biz of Baseball.

Follow The Biz of Baseball on Twitter Twitter

FacebookFollow the Business of Sports Network on Facebook

 
 
Banner

Poll

Should MLB Force Jeffery Loria to Sell the Marlins?