The Giants and Buster Posey have yet to begin contract negotiations

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The central fact of economic life for the San Francisco Giants over the next few years will be how much Buster Posey is to be paid. For he is now, for the first time, arbitration eligible. And because he is one of the rare ones who will be arbitration eligible for four years. As of now, however, nothing is doing as far as negotiations between the team and the player:

 

Normally a team would want to buy out an MVP-caliber players’ arbitration years and maybe some years of free agency. The Giants, however, didn’t do this with Tim Lincecum. If his 2012 fall to Earth becomes the new normal they made a good, albeit risky call. Is it possible they’re willing to gamble a bit on Posey too, knowing that catchers aren’t often blessed with longevity?

Seems hard to picture given how clearly and firmly Posey is the face of the franchise now, having led them to two World Series wins, but it’ll be interesting to see how they proceed with him all the same.

Rockies acquire Zac Rosscup from Cubs

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The Rockies announced a minor swap of relief pitchers on Monday evening. The Cubs sent lefty Zac Rosscup to the Rockies in exchange for right-hander Matt Carasiti.

Rosscup, 29, was designated for assignment by the Cubs last Thursday. He spent only two-thirds of an inning in the majors this year and has a 5.32 career ERA across 47 1/3 innings. Rosscup has spent most of the season with Triple-A Iowa, posting a 2.60 ERA in 27 2/3 innings.

Carasiti, 25, spent 15 2/3 innings in the majors last year, putting up an ugly 9.19 ERA. With Triple-A Albuquerque this season, he compiled a 2.37 ERA and a 43/13 K/BB ratio in 30 1/3 innings.

U.S. Court of Appeals affirms ruling that the minor leagues are exempt from federal antitrust law

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The Associated Press reported that on Monday, the U.S. Court of Appeals for the 9th Circuit affirmed a district court ruling which holds that the minor leagues are exempt from federal antitrust law, just like the major leagues.

In 2015, four minor leaguers sued Major League Baseball, alleging that MLB violated antitrust laws with its hiring and employment policies. They accused MLB of “restrain[ing] horizontal competition between and among” franchises and “artificially and illegally depressing” the salaries of minor league players.

The U.S. Court of Appeals said the players failed to state an antitrust claim, as the Curt Flood Act of 1998 exempted Minor League Baseball explicitly from antitrust laws.

This case is separate from the Aaron Senne case in which Major League Baseball is accused of violating the Fair Labor Standards Act. That case was recertified as a class action lawsuit in March. In December, Major League Baseball established a political action committee (PAC), which came months after two members of Congress sought to change language in the FLSA so that minor league players could continue to be paid substandard wages.