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.
- Mets sign 40-year-old Bartolo Colon for two years, $20 million 31
- MLB rules committee decides to eliminate collisions at home plate 37
- Mariners sign Corey Hart to incentive-laden deal 27
- David Price would not consider an extension with the Mariners if he’s traded there 35
- Media paying for athlete interviews? Not likely. But watch this stuff closely anyway. 20
- Robinson Cano agrees to $240 million deal with Mariners (260)
- Report: Mariners willing to offer Robinson Cano a 10-year, $240 million deal (143)
- Report: Yankees have agreed to a three-year deal with Carlos Beltran (125)
- Brett Gardner is drawing “significant” trade interest (113)
- Managers, GMs to meet today to discuss the abolition of home plate collisions (113)