Yanks decline to offer arbitrationBy
To anyone. Seriously. They won’t be getting any compensation draft picks for Bobby Abreu, Andy Pettitte, and/or Pudge Rodriguez. PeteAbe says it came down to economics. The Yanks can not loose the comp picks they received for not signing Gerrit Cole and Scott Bittle, so at worst they’ll have two of the top 76 picks after signing some free agents.
Update by Joe: Having paid close attention to the Hot Stove, I’ve noticed a lack of mentions for Bobby Abreu. When I did hear his name, it appeared that most teams preferred Raul Ibanez to him. So the Yankees fears that he’d accept arbitration seem reasonable. They clearly do not want him on the roster next year at $16 million, and by offering him arbitration they’d give him a clear window. Same with Pettitte. They don’t want to pay him $16 million next year. That’s what this all comes down to.
Criticize as you will.
Update again: Bryan Hoch has the transcription of Cashman’s explanation:
“We certainly have been going through this process for quite some time. First and foremost, unlike in past years, we’re not in a position not to be able to sign these players as we move forward. That’s the most important thing. In the past and in the previous basic agreements, you were in a position that if you didn’t offer, you lose the ability to sign.
“Today’s date really has everything to do with the compensation attached to various players, if they had some. Bobby was a Type A and Andy was a Type A, so the determination that we made today was to make sure that we control what amount we’d be spending, at least in the event that we’re fortunate enough to bring those players back.
“We did not want to put ourselves in the position of having that determined by a third party without knowing what that figure would be. The arbitration time period falls in early February, so obviously as we attempt to put this team together, in Andy’s case and in Bobby’s case, they made $16 million a year. It’s been tough in the past to try and deviate from previous years’ earnings in an arbitration setting.
“We just wanted to control the cost that we would allocate for every position on the club by offering them arbitration, even though we wanted Draft picks if we lost anybody. By offering arbitration, we would lose our ability to at least determine a final cost. By doing so, we chose to go a different direction, not offer the arbitration, and we’ll still stay engaged with the entire free agent market including those two players.”