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Free Agency and Trades
Athletics Acquire Cabrera PDF Print E-mail
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Free Agency, Trades, and Signings
Written by Evan Nuckles   
Monday, 02 March 2009 23:36

Orlando CabreraThe Oakland Athletics have agreed on a one-year, $4 million contract with free-agent shortstop Orlando Cabrera and are getting close to a deal with Nomar Garciaparra, according to ESPN The Magazine's Buster Olney.

 ESPN.com news services report that Cabrera, 34, will replace Bobby Crosby as Oakland's starting shortstop. The Athletics said there would not be an announcement Monday, and the deal is contingent on Cabrera's passing a physical. Oakland had substantial talks with Garciaparra in the past 48 hours, and the player's choices are between the A's and retirement, the sources said. Oakland also is negotiating with veteran reliever Dennis Reyes.

Cabrera was a Type-A free-agent after the Chicago White Sox offered him salary arbitration, and Chicago will receive a supplemental first round pick in the 2009 MLB June Draft along with a second round pick as compensation from Oakland for the two-time Gold Glove winning 12-year veteran. 

 

 

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Royals Land Reliever Cruz PDF Print E-mail
Free Agency, Trades, and Signings
Written by Evan Nuckles   
Saturday, 28 February 2009 21:47
Transaction ReportThe unusual circumstances surrounding the status of free-agent pitcher Juan Cruz appear to have ended, as he has reportedly reached a two-year, $6 million deal with the Kansas City Royals, according to sources.

ESPN.com's Buster Olney reports that Cruz will receive $2.25 million for 2009, $3.25 million for 2010, and a $4 million team option for 2011 in the deal, with a $500,000 buyout.The right-handed Cruz could represent a major upgrade for the Royals' bullpen amid high hopes within the organization that Kansas City will take a long stride forward this year.The Royals traded middle relievers Leo Nunez and Ramon Ramirez after last season. With the deal complete, the Diamondbacks get two 2009 compensatory draft picks -- a sandwich pick between the first and second rounds and the Royals' second-round pick at around No. 55 overall.

Following a 2008 campaign in which Cruz struck out 71 batters in 51 2/3 innings with a 2.61 ERA for the Diamondbacks, he seemed to be in line for a big payday. But his Type A free-agent status coupled with the dire economic situation made teams reluctant to give up the high draft pick necessary to sign him.This resulted in a unique situation in which the union and the commissioner's office discussed a sign-and-trade deal that never came to fruition.

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Manny Negotiations Continue for L.A. PDF Print E-mail
Free Agency, Trades, and Signings
Written by Evan Nuckles   
Saturday, 28 February 2009 13:23
Transaction ReportThe Los Angeles Dodgers continued dialogue with agent Scott Boras on Friday, with no progress being made after Manny Ramirez declined the latest offer by the team on Thursday night. Dodger G.M. Ned Colletti indicated that compensation issues have brought the negotiation to a stalemate.

According to the AP, the issue separating the sides now appears to be how it will be paid out -- either the total over the next two years, or spread out through 2013. "Deferred compensation was part of the deal from the very beginning," Colletti said. "I have asked Scott many times to tell us where we are at, what we are bidding against, to tell us what we have to meet. We have yet to be told what the parameters are," Colletti said. Boras did not immediately return a call from The Associated Press to his offices in Newport Beach, Calif.

The San Francisco Giants continue to keep an eye on the situation, but have yet to make a formal offer for the free-agent slugger. The Dodgers are continuing to try an reach an accord, but management is expressing frustration with the process. "It's obviously been the longest negotiation, thought process I've ever been a part of," Colletti said. "I'm frustrated because we're here for spring training, too, to evaluate the club and try to make the club as good as we can. "I missed the first [spring game] to fly back because I thought it was a serious enough meeting that we wanted to try to bring something to a head. This is important, certainly, Manny is someone we really want on this club. There is a lot to do in the course of a day, and the vast majority of it is spent on this subject."

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Nomar Deciding Between A's or Retirement PDF Print E-mail
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Free Agency, Trades, and Signings
Written by Evan Nuckles   
Friday, 27 February 2009 15:16

Transaction ReportNomar Garciaparra has reportedly narrowed his choices to playing for the Oakland Athletics or retiring.

According to mlb.com, a major league source told FOXSports.com on Thursday night that the 35-year-old veteran infielder is deciding between a one-year contract with Oakland or calling it quits after a 13-year career. Sources in the report also stated that the A's might step up their pursuit of shortstop Orlando Cabrera and reliever Dennis Reyes if they are unable to sign Garciaparra, and also stated that the Phillies likely won't be signing Nomar.

The oft-injured Garciaparra batted .264 with eight home runs and 28 RBIs in 163 at-bats, but appeared in just 55 games last year, his second with his hometown Los Angeles Dodgers. He has also played for the Boston Red Sox and the Chicago Cubs.

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Transaction Round-up: Phillies Release RHP Adam Eaton PDF Print E-mail
Free Agency, Trades, and Signings
Written by David Golebiewski   
Friday, 27 February 2009 12:53

The Philadelphia Phillies released right-handed pitcher Adam Eaton on Friday, ending a disappointing two-year relationship between the two parties. Eaton signed a three-year, $24.5 million contract with Philadephia prior to the 2007 season.

 According to Todd Zolecki of MLB.com, the Phillies still owe Eaton $8.5 million for the 2009 season, plus a $500,000 buyout on a 2010 club option. Eaton, 31, posted a combined 6.10 ERA in 49 starts for the Phillies over the 2007 and 2008 seasons. Eaton previously pitched for the San Diego Padres from 2000 to 2005 and the Texas Rangers in 2006.

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Transaction Round-Up: Lincecum, Mientkiewicz Reach Deals PDF Print E-mail
Free Agency, Trades, and Signings
Written by Evan Nuckles   
Friday, 27 February 2009 11:26

Transaction reportThe Business of Sports Network is pleased to announce the addition of two regular features on BizofBaseball.com going forward: Injury reports and Transactions. We look forward to your comments on these new additions. - Maury Brown

Tim Lincecum Inks $650K Deal with Giants

Tim Lincecum agreed to a one year, $650,000 contract with the San Francisco Giants today, following a stellar 2008 season that earned him the Cy Young Award.

According to the Associated Press, the 24-year old Lincecum went 18-5 with a 2.62 ERA last year while striking out a major league-leading 265 batters in 227 innings. In addition, he ranked second in both the National League and the majors in ERA, second in the NL in wins, and third among all starters in winning percentage.
Lincecum made his major league debut on May 6th, 2007, and is likely yo be eligible for salary arbitration following the 2009 season.

Dodgers Sign Mientkiewicz to Minor League Deal

The Los Angeles Dodgers and 34 year old first baseman Doug Mientkiewicz agreed to a minor league contract Thursday.

As reported by the Associated Press, the former 2001 Gold Glove winner leads all active first baseman with a career .996 fielding percentage in 955 games.
The left-handed hitting Mientkiewicz has played for six teams and reached the post season four times during his 11 year major league-career, helping the Red Sox win their first World Series title in 86 years. He also played under current Dodger manager Joe Torre for the Yankees in 2007.

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BREAKING: Boras Rejects Latest Dodgers Offer to Manny Ramirez PDF Print E-mail
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Free Agency, Trades, and Signings
Written by Maury Brown   
Thursday, 26 February 2009 23:52

MannyThere was no need to wait till Friday to get word on how the latest offer from the Dodgers to Manny Ramirez, a $45 million deal with $25 million in 2009, with a $20 million player option for 2010 was received.

The Dodgers today received a letter from Scott Boras, the agent Ramirez, rejecting the offer that the club made yesterday.  This rejection is the fourth by the agent in the club’s attempts to sign Manny.

“We love Manny Ramirez,” said Dodgers Owner Frank McCourt in a statement, “And we want Manny back, but we feel we are negotiating against ourselves.  When his agent finds those ‘serious offers’ from other clubs, we’ll be happy to re-start the negotiations.

“Even with an economy that has substantially eroded since last November, out of respect for Manny and his talents, we actually improved our offer. 

“So now, we start from scratch.”

Source: Los Angeles Dodgers


Maury BrownMaury 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 is contributor to Baseball Prospectus, and 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.

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Dodgers Expect Ramirez to Respond to Latest Offer by Friday PDF Print E-mail
Free Agency, Trades, and Signings
Written by Kyle Deering   
Thursday, 26 February 2009 20:13

Transaction ReportDodgers G.M. Ned Colletti is expecting a response to the latest offer to free agent outfielder Manny Ramirez by Friday. Following a Wednesday meeting, which included Dodgers owner Frank McCourt and agent Scott Boras, Colletti was non-committal as to whether the latest offer by the Dodgers would be the final one.

As reported by MLB.com, "Scott knows where we stand," said Colletti, who added that he had not talked to Boras since the meeting. "It could be today, it could be tomorrow."

At the Dodger Stadium meeting, the club made its fourth offer to Ramirez, guaranteeing $25 million in 2009 and $20 million in 2010 -- then at the request of Boras, made 2010 a player option that would allow Ramirez another chance at free agency after the 2009 season if the market improved.

The offer was similar to the original one made by the Dodgers in November for the same dollar amount, but included a club option for a third year at $15 million and no player opt-out clause after the first year. Colletti feels that this is a major concession by the team, and the talks have appeared to intensify.

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Why The Biz of Baseball and The AP Report Differing Salary Arb Figures PDF Print E-mail
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Free Agency, Trades, and Signings
Written by Maury Brown   
Saturday, 21 February 2009 20:40

The Biz of BaseballOn Friday, The Biz of Baseball did a recap regarding MLB salary arbitration figures for 2009. Based on our research, we reported the following:

The total combined 2008 salaries for the 111 players that filed for salary arbitration in 2009 was $122,947,513. After reaching contracts, these players will see a combined salary figure of $298,891,250 for 2009, or an increase of 143 percent.

On Saturday, The Associated Press reported that the increase in salaries from 2008 to 2009 was 172 percent, a considerable difference between the 143 percent increase The Biz of Baseball is reporting.

The explanation is a difference in methodologies used to derive our figures.

The AP is using AAV (annual average value) for the 15 multi-year contracts, as well as three salary arb players coming off multi-year contracts where AAV was used. The Biz of Baseball is using the exact ’09 salary figure for a given multi-year contract. As an example, AAV for Nick Markakis comes to $11,016,667 for 2009 whereas The Biz of Baseball is using $3,000,000 for his '09 salary. We based this figure on how Markakis' salary breaks out over the life of the contract:

Markakis will make $3M in '09, $6.75M in 2010, $10.25M in 2011, $12M in 2012, $15M in 2013, $15M in 2014. Club option in 2015 for $17.5M or $2M buyout (but player can void  the option with no buyout and become FA). $2M signing bonus. He can raise the base each year by $500K if he makes the All-Star team, or finishes in the top 10 in MVP voting the previous year.

We wished to address this to remove any questions as to the difference in the reports as both figures are correct based on the different methodologies employed.

For more on how The Associated Press is using AAV to calculate 2009 salary figures for those that filed for salary arbitration, see the following:

The AP: Arbitration Study


Maury BrownMaury 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 is contributor to Baseball Prospectus, and 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.

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'09 Salary Arb Complete: Zimmerman, Nationals Reach $3.325M Agreement PDF Print E-mail
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Free Agency, Trades, and Signings
Written by Maury Brown   
Friday, 20 February 2009 11:17

Ryan Zimmerman

Ryan Zimmerman of
the Nationals was the
last player in salary
arbitration this year.

Third baseman Ryan Zimmerman and the Washington Nationals have reached a 1-year, $3.325 million contract, thus avoiding salary arbitration. Of the 111 players that filed for salary arbitration in mid-Jan., Zimmerman was the last remaining player to reach agreement or have his case ruled on by a panel of arbitrators.

Zimmerman had been seeking $3.9 million while the Nationals were offering $2.75 million, a difference of $1.15 million. Zimmerman’s $3.325 million contract is the mid-point between asking and offering figures.

Zimmerman can earn extra performance bonuses of $75,000 for 500 plate appearances, and $50,000 each for 550 and 600 plate appearances. His 2009 salary of $3.325 million is a 615 percent increase from his 2008 salary of $465,000.

Zimmerman’s settlement marks the end of this year’s salary arbitration hearings. Of the 46 players that exchanged salary figures, only three cases were ruled on by arbitration panels, the lowest number of cases since 2005 when Kyle Lohse, Jeremy Affeldt, and Juan Cruz had decisions rendered. This year, the players beat the clubs 2 to 1 in hearing, seeing SP Shawn Hill of the Nationals and 2B Dan Uggla of the Marlins winning their cases, while C Dioner Navarro of the Rays lost his case.

This year marks the first time since 1996 that the owners will not have a winning record in salary arbitration hearings. That year, 7 players (Steve Avery, Jeff Fassero, Chuck Knoblauch, Mark Lewis, Mike Stanton, Rick Wilkins, and Bernie Williams) won their cases, while 3 players (Willie Banks, Arthur Rhodes, and Ivan Rodriguez) lost.

Of the 487 salary arbitration cases that have been heard since the process was collectively bargained into MLB in 1974, owners have won 280 (57%) to the players' 207 (43%) cases heard.

Complete details for all the players that filed, all the players that exchanged figures, and the arbitration scorecard for this year’s salary arbitration class are now available on The Biz of Baseball. They include links to various sources reporting on each contract.

Look for an extensive article on this year’s salary arbitration class on Baseball Prospectus shortly, including a detailed break down of all 111 players that filed for arbitration, by club.


Maury BrownMaury 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 is contributor to Baseball Prospectus, and 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.

Don't forget to register and log in on The Biz of Baseball site to get updates via your in-box, and see information only logged in members can see.

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