March 19, 2007
Spring Renewal
On the last day of winter, Jeff Euston rounds up the renewed pre-arbitration players. I hope someone follows this for a few years. I'd love to see a study of how renewing or taking players to arbitration effects that player leaving for free agency or staying.
One interesting thing this year is that teams took the increase in the minimum salary as part of a player's raise:
Complicating matters this off-season is a significant increase in the minimum major-league salary, which jumps from $327,000 last season to $380,000 for 2007. Player agents see the new minimum as a starting point, while clubs tend to view the $53,000 jump in the minimum as a significant pay raise by itself.
The Marlins, who lead the league in young players, renewed 12 players on their 40-man roster, nine of them at the $380,000 minimum. Florida renewed Hanley Ramirez' (contract) deal for $402,000, a $75,000 raise over 2006. Yet Ramirez's 2007 salary will be just $22,000 more than the 2007 minimum, making him just the second Rookie of the Year to make less than $25,000 more than the following year's league minimum (Oakland renewed 2005 AL Rookie of the Year Huston Street (contract) for 2006 at $339,625, just $12,625 more than the minimum).
So a number of good second year players are just making over the minimum, because they are seen by the clubs as getting a big raise anyway. Eventually, it this will work itself out, but this particular class of second year players is taking a hit due to the change. I suspect it will take a couple of season to work itself out as well. As this class gets a bigger raise next season, the 2007 first years will be behind that.
Posted by David Pinto at
03:07 PM
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Yeah, there was kind of a stink here in San Diego about Adrian Gonzalez' renewal. Seems like it's standard operating procedure, though. A lot of these guys will end up long-terming anyway.