If a team gives a departing free agent a “qualifying offer,” the team that ultimately signs the free agent loses a first or second round pick. The draft pick component of it all can depress the value of a free agent on the market who rejects said offer. Just ask Kyle Lohse how that worked out for him last year. Of course the free agent can simply take the qualifying offer. It’s a gamble all around, then. The team extending it is betting that the player is worth the amount of the qualifying offer, the player bets that he can do better and the team signing him bets a first or second round draft pick on the guy.
The qualifying offer is arrived at by taking an average of the top 125 salaries in baseball. Last year it was $13.3 million. Joel Sherman reports today that it has gone up, as expected. Up a little higher than some guessed, however: it’s now $14.1 million.
So, this winter, when you hear about so-and-so accepting or rejecting the qualifying offer, the amount in play is that $14.1 million.
On Monday, Cardinals reliever Brett Cecil was placed on the 10-day injured list due to Carpal Tunnel syndrome. Cecil, who notably lost 42 pounds since the end of the 2018 season, was having trouble with his mechanics throughout spring training and only logged two official Grapefruit League innings.
Cecil, 32, is entering the third year of his four-year, $30.5 million contract. He struggled last year, finishing with a 6.89 ERA and a 19/25 K/BB ratio in 32 2/3 innings. The lefty dealt with shoulder and foot injuries during the season as well.
The Cardinals bolstered the bullpen in December, signing lefty Andrew Miller to a two-year, $25 million deal. It would be nice to have a healthy and effective Cecil, but the high-leverage workload will be managed by Miller and Jordan Hicks as well as Alex Reyes.
Cecil was among a handful of Cardinals to hit the injured list on Monday, joining Carlos Martínez (right shoulder cuff strain), Jedd Gyorko (right calf strain), Luke Gregerson (right shoulder impingement), and Justin Williams (right hand second metacarpal fracture).