 |
|
|
| |
« Padres Invite Walter Silva to Spring Training | Main | Indians Sign Catcher from Czech Republic »
Arbitration Awards Increase By Record Amount in 2009
While the value of most free agents plummeted this offseason, players in salary arbitration did quite well for themselves. Writing for the Associated Press, Ronald Blum reports that the 111 players in salary arbitration received an average pay increase of 172 percent this year.
That figure is up from 120 percent last year. The previous record of 169 percent was set in 1999.
The big winners this year were Nick Markakis and Ervin Santana, whose salaries rose 24-fold and 16-fold, respectively.
Writing for MLB.com, Fred Claire argues that the arbitration process is "a far greater escalator of salaries than free agency." He quotes a veteran baseball executive who says of the arbitration process, "mediocrity is handsomely rewarded and excellence goes out of sight."
Comments
Verify your Comment
Previewing your Comment
This is only a preview. Your comment has not yet been posted.
As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.
Having trouble reading this image? View an alternate.
Top Stories
Search MLBTR
MLBTR Features
Recent Posts
Rumors By Team
Monthly Archives
Live Chats
Tuesdays at 2 p.m. CST
Yeah take this Economy!
Posted by: 661dodgerblue | February 21, 2009 at 06:23 PM
The Markakis reference seems a little irrelevant considering he signed a six year deal rather than avoiding arbitration with only a 1 year deal.
Posted by: baez's mom | February 21, 2009 at 08:42 PM
the article was written by someone who shouldn't use math to analyze things. average raise doesn't say anything at all about how big this year was for arbitration. all this means is that probably more people than usual were in their first year eligible for arbitration, since that's where the big jumps in arbitration come from.
Posted by: MattS | February 22, 2009 at 12:09 AM