Thursday, November 04, 2004

Curious Compensation

Baseball America has posted the Free Agent Compensation List for this offseason. Here's the list of Mets free agents and what compensation the Mets will get for them:

Type A: Richard Hidalgo, Al Leiter

Type B: Mike DeJean

Type C: Kris Benson, Ricky Bottalico

The Elias Sports Bureau complies rankings of all major leaguers by position, based on their performance over the past two seasons. If teams offer arbitration to a free agent but lose him to another club, they'll receive compensation if he's classified as a Type A (top 30 percent at his position), Type B (31-50 percent) or Type C (51-60 percent) player.

For a Type A player, the compensation is the signing team's first-round pick plus a supplemental first-rounder. For a Type B, it's the signing team's first-round choice. For a Type C, it's a supplemental second-rounder. However, if the signing team picks in the upper half of the first round, that choice is protected and it loses its second-round selection instead. Also, Type C players who have been free agents in the past don't yield any compensation.


I was surprised that they still get compensation for Richard Hidalgo despite the fact we declined his option. I was also surprised that Kris Benson is a Type C free agent but this is because he was injured the previous season and the rankings take into consideration the previous two years.

Given this info, an observation and a question spring to mind. First off, it's imperative now that we resign Benson since we'll only get a pick at the end of the second round for him. The question, though, is this: Who do you offer arbitration to so that we'll get compensated if he signs with another team?

Personally, I'd give it to Hidalgo and DeJean. If either of them accept they'll both still be useful to have if we get stuck with them. Bottalico I'd let walk.

What do you think? Arbitration or no?

17 Comments:

At 1:39 PM, Anonymous Anonymous said...

I am not totally positive if this is true or not but, in discussing the arbitration process I have been told that a player can not lose more then 20% of his salary from the previous season. If that makes sense, not sure if I said it right or not. But mainly, if correct, Hidalgo can't make less then like 9 million if he goes to arbitration. Don't think I wanna pay him that much if all that is true.

-Hojo4Life

 
At 2:22 PM, Blogger dave said...

DeJean certainly. He proved himself to be a relatively viable setup man with a killer slider and closer experience. He just couldn't swing it in the AL. Much credit to Peterson for helping him keep the ball down.

Not so sure on Hidalgo. If ya ask me, a lot of his fate depends on that of Floyd and whether the front office is willing to take a chance on Diaz as an everyday guy. I'd sooner see a Floyd/Cameron/Diaz outfield than the same with Hidalgo in right. Dude's got a killer arm, but is far too prone to slumps and refuses to go the other way. This is all assuming that the OF won't look like Diaz/Beltran/Cameron, b/c it won't.

 
At 2:22 PM, Blogger dave said...

This comment has been removed by a blog administrator.

 
At 2:37 PM, Blogger Jay said...

Hojo,

Thanks for the info. I was wondering about that too. If that's true then I'm sure he's gone -- the Mets wouldn't take a risk like that.

After all, it's not like the Mets gave up that much for him so letting him go wouldn't be that big a deal.

 
At 3:20 PM, Anonymous Anonymous said...

What I am hoping for and what we have been discussing over at the NYFS boards is the hope someone picks up a Hidalgo or Leiter before the Dec. 7th deadline. That is the point teams have to offer arbitration to a player by. If not there is no longer compensation required. Last season if you remember correctly Michael Tucker and Raul Ibanez were both signed before that date and the teams got Type A(I believe) compensation for them. You would think that Hidalgo and Leiter would draw some fairly serious interest if those other two did. Leiter because he is a lefty starters and still fairly tough. Hidalgo does still have some power and may be fairly cheap to a team looking for some corner OF power help but not looking to spend the big money. Would be great to get compensation for either of those two if it happened. That teams 1st round pick, plus a 1st Round compensation pick. That would help a lot, especially if we perhaps have to give up our pick to sign someone.

 
At 3:21 PM, Anonymous Anonymous said...

Above post by Hojo4Life, forgot to put my name at the end

 
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