Dec 1, 2010, 10:15 AM EST
For all the speculation about which Type A and Type B free agents would and wouldn’t accept arbitration offers just two of the 27 eligible players said yes: Frank Francisco of the Rangers and Jason Frasor of the Blue Jays.
I’ve seen some suggestions that the low number of accepted arbitration offers means this offseason is a player’s market, but in reality two out of 27 is a pretty standard acceptance rate. Last offseason three players (Carl Pavano, Rafael Soriano, and Rafael Betancourt) accepted arbitration and the winter before that two players (Darren Oliver and David Weathers) did so.
It’s interesting to note that, of the seven free agents to accept arbitration offers in the past three years, six of them are relievers. I wrote earlier this month about how the free agent compensation system significantly overrates relievers relative to other positions by pegging them as 37 percent of Type A free agents, and certainly six of the past seven arbitration acceptances coming from relievers is more evidence of that.
Free agents accept arbitration when they believe returning to their old team on a one-year contract beats whatever offers they can get on the open market, so clearly relievers’ values are the most likely to be overrated by the Type A and Type B designations. The compensation system is faulty for any number of reasons, but the weight given to relief performances is seemingly one of the more obvious and easy-to-fix problems.
- Phillies GM told Ryan Howard they’d be better off “not with him but without him” 77
- Trea Turner’s agent is unhappy his client is in limbo after trade to Nationals 45
- Nexen Heroes accept Jung-Ho Kang posting fee from unidentified MLB team 26
- Giants acquire Casey McGehee from the Marlins 16
- The Padres have given their fans something to talk about. Which is badly needed in San Diego. 64
- Justin Upton traded to the Padres for three prospects 79
- Bud Selig will get a $6 million a year pension. Which is obscene. 144
- Jake Peavy agrees to a two-year, $24 million deal to stay with the San Francisco Giants 26
- The United States will seek to normalize relations with Cuba (144)
- Bud Selig will get a $6 million a year pension. Which is obscene. (144)
- Cubs, Red Sox, Dodgers, Padres, Rangers, and Astros interested in Phillies’ Cole Hamels (111)
- Rays, Padres, Nationals agree to 11-player trade (97)
- Chase Headley signs a four-year deal with the Yankees worth at least $52 million. (95)