is a little bit of light reading. I don't think you have to offer the player a contract, but if another team signs them you can get compensatory picks based on the player's ranking.
That is all well and good, but I am not talking about the statistical process of determining the types of FA, I am talking about the arbitration process.
If the Cubs offer arbitration, then Kerry Wood and the Cubs will sit in front of a panel of arbitrators. They each will present a case of how much Wood's salary will be.
The fact is, everyone knows Wood was worth somewhere around $10 million.
When the arbitrators rule the $10 million one year contract, it is final.
If Wood did reject this offer, they get the draft picks.
If Wood accepts it, then the Cubs can reject it, but my belief/understanding is that they will not be compensated the draft picks.
Now, you guys need to picture the financial position of the Chicago Cubs. This team has been on the seller's block by their owner that is a bankrupt company for quite some time in a deeply recessionary economy. On top of that, they had $16-17 million contractually obligated salary increases.
My point is, the Cubs can't just low ball Wood an offer so low that they he would have to reject it for free draft picks.
I do think the Cubs could have done some scheming though to try.
Please explain to me in detail your scheme for earning these draft picks.
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ReplyDeleteis a little bit of light reading. I don't think you have to offer the player a contract, but if another team signs them you can get compensatory picks based on the player's ranking.
That is all well and good, but I am not talking about the statistical process of determining the types of FA, I am talking about the arbitration process.
ReplyDeleteIf the Cubs offer arbitration, then Kerry Wood and the Cubs will sit in front of a panel of arbitrators. They each will present a case of how much Wood's salary will be.
The fact is, everyone knows Wood was worth somewhere around $10 million.
When the arbitrators rule the $10 million one year contract, it is final.
If Wood did reject this offer, they get the draft picks.
If Wood accepts it, then the Cubs can reject it, but my belief/understanding is that they will not be compensated the draft picks.
Now, you guys need to picture the financial position of the Chicago Cubs. This team has been on the seller's block by their owner that is a bankrupt company for quite some time in a deeply recessionary economy. On top of that, they had $16-17 million contractually obligated salary increases.
My point is, the Cubs can't just low ball Wood an offer so low that they he would have to reject it for free draft picks.
I do think the Cubs could have done some scheming though to try.
I 100% agree. I think I always did, but I think it didn't show.
ReplyDeleteYeah dude, that happens to me all the time.
ReplyDelete