Figuring Arbitration
Throughout baseball in the past 2 days, one word has flooded the headlines: Arbitration.
110 total players filed for arbitration, and 56% of those players have resigned with their teams, which is 62 of them, but 48 have yet to resign with their teams.
Many players signed 1-year deal yesterday, avoiding arbitration. Among those players, the likes of Miguel Cabrera ($11.3 million total), Scott Kazmir ($3.785 million), Casey Kotchman ($1.45 million plus $50k performance bonus), Brad Hennessey ($1.6 million), Joe Blanton ($3.7 million), and Justin Morneau ($7.4 million). Also signing a deal, Matt Holliday, who signed a 2-year deal with the Colorado Rockies worth $23 million over 2 years.
The only Cardinal to avoid arbitration by signing a deal was Rick Ankiel, who signed a 1-year pack worth $900,000.
Ankiel, 28, the former-pitcher gone outfielder, came back to the Major Leagues with the Cardinals in 2007 after he had a powerful season with AAA Memphis in which he hit 32 homeruns.
But two Cardinals still haven’t been resigned after they filed for arbitration. Both Yadier Molina, who filed for $2.75 million, and Todd Wellemeyer, who filed for $1.85 million. The Cardinals offered about half as much back to both players. Wellemeyer. The #1 priority with Molina is to sign him back, although a deal for several years is in consideration.
Other players who have yet to sign back include Ryan Howard, Francisco Rodriguez, Erik Bedard, Alexis Rios, and Chien-Ming Wang.
For a complete of players who haven’t signed back, click HERE.
(c) Copyright 2007. K.B. is a writer and founder of the International Association of Baseball Writers.
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