The story is still developing, but according to FOXSports.com’s Ken Rosenthal, the top relievers left on the market will not require draft-pick compensation once the new CBA goes into effect next week.
Ryan Madson, Heath Bell and Francisco Rodriguez are among the relievers to be affected by the change.
Rosenthal says the Phillies will still have to surrender their first-round pick for signing Jonathan Papelbon. Also, top free agents like Albert Pujols, Prince Fielder, Jose Reyes, Jimmy Rollins and David Ortiz will continue to cost a first-round pick to sign. However, lesser former Type A free agents will no longer cost a pick. Instead, new draft picks will be created to provide compensation for the teams losing free agents.
This would seem to rate as very good news for the Red Sox, Blue Jays and anyone else who might be looking to pick up a closer. Certainly Madson and Bell are going to be more attractive to Boston and Toronto now that neither will cost a first-round pick.
It’s also good news for those players, as well as fellow Type A free agents Francisco Cordero, Matt Capps and Octavio Dotel. Now, neither Capps nor Dotel was likely to be offered arbitration anyway, so they weren’t really going to cost their signing teams a free agent. But at least this means they have the opportunity to sign with teams now rather than waiting until the arbitration deadline.
According to Rosenthal, this winter’s effort is primarily a stopgap measure. For 2012 and beyond, the Elias Rankings will be abolished and teams will have to make qualifying offers (reportedly north of $12 million per year) in order to receive compensation for free agents who leave.
The Red Sox are expecting to go to an arbitration hearing with left-handed reliever Fernando Abad, per Pete Abraham of the Boston Globe. Red Sox president Dave Dombrowski said there was a “decent chance” a hearing would be necessary after countering Abad’s $2.7 million request with $2 million.
Abad, 31, pitched just 12 2/3 innings for Boston after the club acquired him from Minnesota at the trade deadline last season. The lefty earned a cumulative 3.66 ERA, 4.2 BB/9 and 7.9 SO/9 for the two teams in 2016. He received $1.25 million in 2016 and will remain under club control (through arbitration) in 2017. A $2.7 million salary would be a hefty increase for the veteran reliever, who has seen a significant decline since he put up a 1.57 ERA for the Athletics in 2014 and who has not amassed more than 0.6 fWAR in any single season to date.
While the Red Sox aren’t close to settling with Abad, Evan Drellich of the Boston Herald reports that they may be closing in on a settlement with left-handed starter Drew Pomeranz. Pomeranz filed at $5.7 million, while the Sox felt more comfortable at $3.6 million. The two are expected to meet somewhere in the middle to avoid an arbitration hearing later this winter.
The Braves reportedly have a deal in place with free agent catcher Kurt Suzuki, per Chris Cotillo of SB Nation. FOX Sports’ Ken Rosenthal adds that the contract is for one year, $1.5 million with up to $2.5 million in additional incentives.
Suzuki, 33, completed a three-year track with the Twins in 2016, slashing .258/.301/.403 with eight home runs in 373 PA. The veteran backstop likely won’t provide an offensive or defensive upgrade over current starter Tyler Flowers, but should give the Braves some depth at a position they’ve been looking to strengthen since the start of the offseason.
The team has yet to confirm the deal.