It started with 142 players, and now it’s down to four. Today, a panel of arbitrators comprised of Dan Brent, Marlene Gold, and John Sands ruled in favor of the Milwaukee Brewers over reliever Jose Veras. Veras went 2-4 over 71 IP in 79 games last season with the Pirates. He had a 3.80 ERA and a 1.239 WHIP. He was acquired by the Brewers in a trade on Dec. 12 for third baseman Casey McGehee, who remains one of the four players left in salary arbitration. Veras will earn the Brewers’ offering figure of $2 million. He had been seeking $2.375 million. While Veras “lost” it is a relative matter. He earned $550,000 last season and is therefore getting a raise of $1.45 million, or a 264% increase in salary.
Salary arbitration hearings end no later than Feb. 21 and are taking place in St. Petersburg, FL. The four players left in salary arbitration are:
Owners are 4-2 in salary arbitraton hearings this year. If not for the Marlins losing their cases with Anibal Sanchez and Emilio Bonifacio, the owners would be running the table. Since 1974, of the 504 hearings that have taken place, owners have won 290 to the players taking 214.
Thus far, the 138 players that have avoided salary arbitration have seen salaries increase 76 percent from $275,894,860 in 2011 to $485,277,000 for the upcoming season. When factoring in players that received multi-year extensions, $617,272,000 has been allocated in contracts reached with salary arbitration players.
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. He writes for Baseball Prospectus and is a contributor to Forbes SportsMoney blog.. He is available as a freelance writer. Brown's full bio is here. He looks forward to your comments via email and can be contacted through the Business of Sports Network (select his name in the dropdown provided).
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