Showing posts with label arbitration. Show all posts
Showing posts with label arbitration. Show all posts

Monday, February 18, 2008

K-Rod implies 2008 his last year with Halos. Francisco Rodriguez is not pleased with the fact that he must enter an arbitration hearing with the Angels over this year's salary. When asked if this meant K-Rod would be wearing another uniform next season - he enters free agency in 2009 - the closer replied, "Yeah, probably...if they wanted me here they would have done something a long time ago." Rodriguez asked for $12.5 million this year and the Angels countered with an offer of $10 million. As far as its bearing on the New York Yankees, K-Rod's departure may not make the Bronx a likely landing spot. Mariano Rivera would have to show a sharp decline in 2008 and be willing to move to the setup role in 2009. Those are big ifs to consider, especially for the 26 year-old Rodriguez who collected 40 saves, a 2.81 ERA and 90 strikeouts in 67 innings-pitched.

Friday, February 15, 2008

Wang loses arbitration hearing, and $600 K. The hearing between the Yankees and starting pitcher Chien-Ming Wang was resolved today, with the Bombers winning the case. The Yankees offered $4 million and Wang requested $4.6 million. Either way, this is not a very big deal - particularly because of Wang's nonchalant persona.

From the Wanger's perspective, the past fews weeks had the frontline starter witness fellow youngster Robinson Cano ink a deal potentially worth nearly $60 million and lose an extra $600,000 via an insulting arbitration hearing.

Wednesday, February 13, 2008

Wang: Yankees Say 'Not Now'

Newsday cites Chien-Ming Wang who said the Yankees told him now is "not the time" for a longterm contract for the sinkerball specialist. Although Wang said "I want to" complete a multiyear deal, the Yankees are showing a clear reluctance to lock up young pitchers for an extended period of time.

This approach makes sense because the Yankees can control Wang's cost. However, it's also tough love as the Taiwan product probably deserves similar compensation that Robinson Cano recently received. From Newsday:
Newsday first reported in December that Wang's camp was interested in a long-term contract, but yesterday marked Wang's first words on the matter. The Yankees didn't share the desire to sign Wang long-term, even though the righthander has won 38 games in the past two seasons. General manager Brian Cashman did not return a phone call, but told Newsday recently, "Not at this time," when asked about possibly signing Wang long-term.

Wang echoed Cashman's words, saying the Yankees told him it was "not the time."

This is the first time Wang is arbitration-eligible, and his agent, Alan Nero, said he expects to go to an arbitration hearing tomorrow.
Wang said he is OK with going to arbitration and OK with not. Someone close to Wang said the pitcher is disappointed that the Yankees would not entertain the idea of a long-term contract. The source said that the fact that the Yankees signed second baseman Cano to a contract worth at least $30 million and up to $57 million adds to Wang's disappointment at not receiving the same type offer.

One reason the Yankees told Wang they did not want to do a long-term deal now, he said, is: "Because pitchers [can find it] hard to stay healthy."
I'd say Wang has reason to be disappointed, though it speaks of his character that he has yet to complain about his situation and only offered his desire to secure his future with New York.

Saturday, February 9, 2008

Wang, Yankees Arbitration Bound

According to the Journal News, the Yankees and Chien-Ming Wang are headed to an arbitration hearing to determine the 19-game winner's 2008 salary.

General manager Brian Cashman said yesterday he expects the team will need a hearing to settle its differences with ace right-hander Chien-Ming Wang.
"There have been talks, but they haven't been productive," Cashman said. "Unless something changes dramatically, we'll see them at the hearing."

The hearing is scheduled for Thursday in St. Petersburg, Fla., the same day Wang is scheduled to report to training camp in Tampa. The 27-year-old has been working out with a trainer in Arizona for the last two weeks.

Cashman and agent Alan Nero have discussed terms for Wang since the end of last season. But no deal could be reached, and the sides entered the arbitration process last month. The Yankees submitted $4 million, and Nero $4.6 million.
Wang is 38-13 with a 3.67 ERA over the past two years, probably enough clout to win him his arbitration hearing.

Thursday, January 24, 2008

Cano Close To $30M Contract

According to Ken Rosenthal, the Yankees are close to locking up Robinson Cano to a four year contract worth $30 million.
The Yankees, locking up one of their young stars, are on the verge of signing second baseman Robinson Cano to a four-year, $30 million contract, according to major-league sources.

The deal, which would take Cano through his arbitration years, also is expected to include club options that would enable the Yankees to buy out one or two years of free agency.

The contract would be contingent upon Cano passing a physical.

Cano, 25, was eligible for arbitration for the first time this off-season. He asked for $4.55 million and the Yankees offered $3.2 million.

A "super-two" player due to his service time, Cano was eligible for four years of arbitration rather than the customary three.

Cano appeared in 160 games for the Yankees last season, batting .306 and setting career-highs with 19 homers and 97 RBIs.

His career batting average in three major-league seasons is .314.

This is a change in thinking from the Yankees usual stance on young cost-controlled players. From Rotoworld:

Either Cano's agent was lying Tuesday when he said no discussions had taken place or this has come together as quickly as any deal in history. A four-year contract would take Cano right to free agency. He was a super-two player this year, so he was going to have four years of arbitration.

Wednesday, January 23, 2008

Cano Wants Long Term Deal

The Yankees are not known for extending their young cost controlled players to multi year contracts until they hit free agency. Chien-Ming Wang and Robinson Cano are no exceptions to this strategy.

However, as Kat O'Brien of Newsday reports Cano and his agent have made it known they would like to lock up a deal similar to what the Mets offered David Wright or Jose Reyes before they hit free agency:
Robinson Cano would be open to the idea of signing a long-term contract with the Yankees, his agent, Bobby Barad, said yesterday.

Barad made clear that the Yankees have not broached that topic with him and Cano, and that he has not brought up the possibility. However, should the Yankees seek to lock up their All-Star second baseman well before free agency - as the Mets did with third baseman David Wright and shortstop Jose Reyes - Cano could have interest.

"He wouldn't be adverse to that in theory," Barad said.

Cano, 25, batted .306 with 19 homers and 97 RBIs this season. He has a career .314 average in three seasons. He is not eligible for free agency until after the 2010 season.

Due to their financial might, the Yankees never lose their budding stars once they hit free agency. Cano and Wang will likely sign long term extensions once they are FA eligible, however, eliminating the risk and signing them sooner may not be a bad idea. This is especially true when considering the ramifications of a potentially messy arbitration battle with the rising second baseman.


Popper: Mets Should Give Up The Farm

Mets columnist Steve Popper offers his insights regarding the neverending trade saga revolving around Johan Santana this offseason. Popper believes the Mets should give up whatever package of prospects it takes in order to acquire the lefthanded pitcher. From the Bergen Record column:

Finally, Johan Santana is off the airwaves, out of the collective minds of at least fans from New Jersey to Boston, replaced by Eli Manning, Tom Brady and their quests for history.

Which makes me wonder: Will today be the day that Santana finally is traded?

I know what I'm hoping. I hope that we never hear another rumor, never read another story – after this one – about Santana coming to (fill in the blank). And the only way that will happen is if Santana goes somewhere, anywhere.

So Mets, get it done. Give up four prospects. Give up five. Give up Fernando Martinez. Get it done.

Martinez may turn out to be a star. Deolis Guerra could turn out to be an ace. Or maybe they won't. But in Santana, arm health permitting, the Mets would ensure the future of their pitching rotation, something that they are desperately in need of beyond this season.
This is the old school, inkblotch take on baseball prospects. By marginalizing young minor league stars into players who may become this or may become that, Popper is able to overlook the importance of a strong farm system. And in the case of the New York Mets, a deal that would send all five of their prospects would leave the organization with no farm system to speak of.

That said, the Mets should make the deal with or without Fernando Martinez. The Mets "top" prospects are not as terrible as many news outlets would have you think, but they are also not in the same stratosphere as the top five prospects of teams like the Devil Rays and Dodgers.

Humber, Pelfrey have lost a great deal of their prospect status and Gomez is a plus to plus-plus defender with no bat to speak of. F-Mart and to a lesser extent Guerra, are the only true high ceiling prospects of the lot.

If the Mets are able to establish a deal including only one of Martinez and Guerra, they swindled the Twins. If they must include both, I would still pull the trigger. But, they will have to spend equal time attempting to replenish their minor league corps as they pour into signing Santana.

Saturday, January 19, 2008

Arbitration: Wang, Cano, Bruney

Yesteday afternoon, Chien-Ming Wang, Robinson Cano and Brian Bruney all exchanged contract figures with the New York Yankees.
The requests filed by representatives for Cano and Wang, two of the Yankees' prized younger components, were separated by $50,000. Cano filed for $4.55 million and was offered $3.2 million by the club, while Wang requested $4.6 million and was offered $4 million.

Bruney, who will be 26 in February, was 3-2 with a 4.68 ERA in 58 appearances across two stints with the Yankees in 2007. He requested $845,000 and was offered $640,000.
Wang will receive close if not exactly what he requested while Cano and the Yankees appear to be much further apart. Considering Cano's past two seasons have seen him knock in 97 runs and hit .342, the second baseman has a gripe. There is certainly the possibility that a neutral arbiter awards Robinson with the $4.55 mill he asked for.

Meanwhile, Bruney will make well over half a million bucks. Spend some of that money wisely and file a restraining order against Kyle Farnsworth and his worthless disregard approach for pitching.

Thursday, January 17, 2008

Salary Arbitration List

Robinson Cano and Chien-Ming Wang may receive large arbitration rewardings, unless of course, they are able to reach contract extensions to avoid these hearings. As Pete Abe suggests, Nate Roberton's three year deal worth $21 million may well be a harbinger of what's to come for Wang.

We'll find out tomorrow what happens with the Yankees youngsters, but Wanger and Cano aren't the only ones looking to up the ante. From ESPN.com:
NEW YORK -- The 110 players who filed for salary arbitration Tuesday (x-free agent who accepted arbitration; y-agreed to terms after filing). Players and teams will exchange proposed salaries Friday.
The bigger names around the league include Erik Bedard, K-Rod, Justin Morneau, Scott Kazmir, Matt Holiday, Ryan Howard, Miguel Cabrera, and last but certainly not least, Scott Proctor.

Mark Teixeira, Huston Street and Brad Lidge were among 22 players who avoided salary arbitration by reaching new deals. Teixeira agreed to a $12.5 million contract, and Street a $3.3 million deal.

Blue Jays lefthanded reliever, Scott Downs cashed in on his best season and was awarded a three year $10 million deal. By the way, he pitched a whopping 58 innings to earn that money. "Ten million" and "Scott Downs" do not belong in the same sentence. Ever.

In related news, Kyle Farnsworthless and New York City have a similar level of chemistry together.