We’re not quite there yet. No, it could be as late as next Friday for that. But, salary arbitration hearings are underway, and when that happens, there’s a good chance the players and clubs might be willing to reach out and compromise.
After all, that’s what the salary arbitration process is really all about, especially once salary figures are exchanged. A player submits what he thinks he’s worth, and the club submit’s what they think the player should earn, and the discussion then centers on the mid-point in-between them.
We haven’t published the data in The Biz of Baseball, but we’re tracking a kinds of metrics around salary arbitration, the fruits of which will be an exhaustive report that will be up for grabs for a few ducets after the arb season ends.
But in-between, let’s talk the in-between, especially since Jeremy Guthrie is the latest example.
Guthrie and the Orioles reached a $5.75 million deal today for the upcoming season, thus avoiding arbitration. Guthrie had been seeking $5.5 million while the Orioles had offered $5 million, a difference of $1.5 million. What was the mid-point – that place of perfect compromise -- between the two? Yep, $5,75 million.
So, has any other deals met exactly at the mid-point this year? To date, Guthrie’s deal is one of four.
Two of the three Twins arb deals (Francisco Liriano and Kevin Slowey) were mid-point deals.:
Liriano signed on 2/ where he was looking for $5 million, the Twins were offering $3.6 million, a difference of $1.4 million and reached a $4.3 million mid-pointer.
For Slowey, who signed on 1/25 he was seeking $3.1 million, the Twins were offering $2.3 million, a difference of $800,000, and they settled at the mid, $2.7 million.
The Twins still have Delmon Young to deal with and (at least for now) it seems he doesn’t want to play the mid-point game where he would earn $5.45 million this year.
The other player is Giants outfielder Andres Torres. He was seeking $2.6 million, while the Giants were looking to offer $1.8 million, a difference of $800,000. The sides settled exactly at the mindpoint, $2.2 million.
As mentioned, we’re not done with arb season, yet. But, here’s the number of mid-pint deals over the past 2 years:
- There were 7 of 48 players at the mid in 2008;
- There were 11 of 46 in 2009, and;
- There were 7 of 44 in 2010
OTHER SALARY ARBITRATION RESOURCES:
Maury Brown is the Founder and President of the Business of Sports Network, which includes The Biz of Baseball, The Biz of Football, The Biz of Basketball and The Biz of Hockey, as well as a contributor to FanGraphs and Forbes SportsMoney. He is available for hire or freelance. Brown's full bio is here. He looks forward to your comments via email and can be contacted through the Business of Sports Network.
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