This will be only the second season of the new "Qualifying Offer" free agent compensation system that was put in place with the last CBA. Last year we saw how influential this designation can be, both positively for the club and possibly extremely negatively for the player.
Last season 9 players were extended Qualifying Offers of $13.3M.
Michael Bourn | signed 2/11/13 | 4 yr/$48M | AAV $12M |
Josh Hamilton | signed 12/13/12 | 5 yr/$125M | AAV $25M |
Hiroki Kuroda | signed 11/20/12 | 1 yr/$15M | AAV $15M |
Adam LaRoche | signed 1/8/13 | 2 yr/$24M | AAV $12M |
Kyle Lohse | signed 3/25/13 | 3 yr/$33M | AAV $11M |
David Ortiz | signed 11/2/12 | 2 yr/$26M | AAV $13M |
Rafael Soriano | signed 1/15/13 | 2 yr/$28M | AAV $14M |
Nick Swisher | signed 12/23/12 | 4 yr/$56M | AAV $14M |
BJ Upton | signed 11/28/12 | 5 yr/$75M | AAV $15M |
Outside of Josh Hamilton, who received a ridiculous contract from the desperate Angels, all of these players received minimal raises to the arbitration offers or even lost money in Bourn, LaRoche, and Lohse's case. In exchange for letting their players walk the teams received the following draft picks. We can see that the longer a QO free agent waits to get the right deal, the less he ends up earning. Kyle Lohse was effected negatively the most. Not only did he receive less than his QO of $13.3M, but he made even less than his prior season salary of $11.8M.
With a year's worth of data, free agents are now going to have to decide whether or not it truly is wise financially to decline the QO like all 9 guys did last year. This year's list includes the following:
Ubaldo Jimenez | Carlos Beltran | Jacoby Ellsbury |
Hiroki Kuroda | Robinson Cano | Curtis Granderson |
Brian McCann | Shin-Soo Choo | Ervin Santana |
Kendrys Morales | Nelson Cruz | Stephen Drew |
Mike Napoli |
Granderson immediately sticks out as someone who could get "Kyle Lohse'd." By that I mean end up waiting for Ellsbury and Choo to determine what the market is and by the time they both sign it is already January and Granderson's options become limited. It happened to Michael Bourn as well last season. He waiting to see what BJ Upton and other OF'ers were going to get then next thing you know his only options were the Mets and the Indians, which neither team was flush with cash.
Of course this designation completely benefits the team themselves. First off, the teams that these players left, received quality draft picks which they used on some big name prospects listed below. Secondly even though they had to forfeit a pick, it gave smaller market teams, like the Indians, an opportunity to snag a big name without breaking the bank.
Cardinals | Rob Kaminsky | GCL (R) | 3.68 ERA | 11.5 K/9 |
Rays | Ryne Stanek | DNP | ||
Rangers | Travis Demeritte | GCL (R) | .285 AVG | 26 DP turned |
Braves | Jason Hursh | SAL (A) | 0.67 ERA | 6.7 H/9 |
Yankees | Aaron Judge | DNP | ||
Yankees | Ian Clarkin | GCL (R) | 10.80 ERA | 7.2 K/9 |
All of the guys listed above, outside of Clarkin, were stars at their schools and have the potential to be future MLB players.
Qualifying Offer Free Agents will have till November 11th at 5pm to decide whether they are better served banking the $14.1M salary next season or go for the big pay day and risk getting Lohse'd
5 comments:
I can't believe the Mets didn't offer a QO to Greg Burke.
No one on our team is currently worth a QO.
That was a joke
I was hoping so lol.
In all seriousness though I feel like Stephen Drew could be one of those guys who gets hurt by the Qualifying Offer. Then the Mets can swoop in and sign him for less than $11M per year
Drew, Cruz, Granderson, and even Beltran are players who just might accept the QO's. MLB Trade Rumors pegged each of them at:
Drew - 4/$44 million
Cruz - 3/$39 million
Granderson - 3/$45 million
Beltran - 2/$30 million
Each of those (if realized, and that is worth repeating - IF REALIZED) would be preferable to the player than the $14.1 million QO, despite the fact that Drew and Cruz would be getting a lower average annual value. Assuming, however, that the player of our choice rejects the offer, there is an inherent risk to waiting for his price to fall as the spectre of Lohse appears before him. If he happens to sign elsewhere, we are forked.
Post a Comment