10:33pm: Jeff Passan of ESPN reports that the deadline for teams and players to come to agreements is set for 1:00 pm EST. Salary figures will be officially exchanged at 8:00 pm.
7:19pm: The deadline for teams to exchange salary figures with arbitration-eligible players is set for Thursday, according to Ronald Blum of the Associated Press. Rich Dubroff of Baltimore Baseball reports (on X) that the deadline is 8:00 pm EST.
Initially, that had been set for Friday afternoon. Andy Kostka of the Baltimore Banner notes (X link) that the league and Players Association agreed last month to move it up a day. It’s unclear why that decision was made. In any event, it’ll spur some activity a day earlier than anticipated.
The salary exchange date is not necessarily a deadline for teams to negotiate with their arbitration-eligible players. Teams and players are free to continue talks right up until a hearing (which generally run from mid-February into the beginning of March). It serves as an anchoring point in negotiations, though, and many teams treat it as an unofficial deadline to avoid a hearing. It’ll therefore spur a large number of salary agreements — Cal Quantrill, JT Brubaker and Hoby Milner all agreed to deals this afternoon — and could be the catalyst for a trade or two.
MLBTR contributor Matt Swartz projected salaries for all arbitration-eligible players at the start of the offseason. Juan Soto could top Shohei Ohtani’s record-setting $30MM mark in his final year of eligibility. Pete Alonso, Vladimir Guerrero Jr., Gleyber Torres and trade candidates like Shane Bieber and Dylan Cease are all in line for notable sums in their own right.
baked mcbride
Bruh
User 3044878754
And many teams under Diamond Sports / Bally TV deals still have no clue what their Tv revenues will be.
Manfred is a dolt !!!!
Chuck from Uniontown
I really don’t think moving up the deadline by 16 hours will change how many teams have their TV revenue figured out.
User 3044878754
So move the arbitration deadline AFTER the Diamond Sports/Bally issue is finalized!!!
Chuck from Uniontown
I don’t think the Players Association would go for that one tbh
User 3044878754
The Guardians are scheduled to make between $60 million and $65 million from Diamond in 2024. The Rangers made an estimated $111 million in 2023. Diamond is looking to renegotiate with Cleveland and Texas to reduce the cost of those contracts.
User 3044878754
While teams like the Dodgers have been spending wildly this offseason, teams such as the Guardians and Twins have limited their spending on free agents. One of the reasons has been the uncertainty of their contracts with Diamond, which was rebranded under Bally Sports.
titanic struggle
Priorities..
User 3014224641
Darragh wrote several times earlier that hearings take place later this month. Which is it? January or February/March?
User 3044878754
January 19th
BaseballisLife
Yasiel Puig signed minor league deal with the Rays.
sportskeeda.com/baseball/news-yasiel-puig-update-r…
YankeesBleacherCreature
He’s facing federal trial in a few weeks for obstruction of justice related to an illegal gambling case. I highly doubt the Rays have signed him.
titanic struggle
No way..
websoulsurfer
In November 2022 Puig pleaded guilty to lying in a federal investigation into an illegal betting operation and the league decided not to investigate him since he had not been linked to any franchise since 2019. Puig has to appear in court Los Angeles court at the end of for his final sentencing. He is not expected to face jail time.
DarkSide830
still looks unconfirmed.
Yankee Clipper
Perhaps they moved it up a day due to the holiday weekend? MLK is on Monday, but people may be leaving a day early if they’re going away.
YankeesBleacherCreature
You think the Yankees settle with Gleyber or take it to an arb panel?
Yankee Clipper
Man, I’m inclined to think they will settle. They don’t often go to arb and I think they have a really good idea of what he will make anyway. Probably just going through the motions and saving money.
You see Sevy’s comments as a new Met? “I thought I would die a Yankee.”
YankeesBleacherCreature
I still remember him crying during his interview after his last start.
LordD99
The Yankees and Gleyber will settle. Betances was the last Yankee to go to arbitration, IIRC, and that was an unusual circumstance.
ExileInLA 2
You mean, media attention will be less on Friday because of the long weekend…
178iq
Do you know what this means? Soto will not be a Yankee in 2025.
17dizzy
If Soto has a knockout season in 2024—-
The Yanks will do anything they can to sign him long term, because of his age.
LordD99
He’s an upset Red Sox fan. Treat accordingly.
melfman1
Kinda crazy that the Yankees started the offseason with 17 players up for arbitration. But between trades and DFA’s, they are down to 9 including their 3 trade acquisitions (Soto, Verdugo and Grisham).
Joe Sweetnich
You made a mistake – should have read “Scott Boras reports” not Jeff Passan. Passan works for TBC and just reports what he is told by SB
brucebochyisthemarlboroman
I always thought that was Heyman
websoulsurfer
A bit more than 30 minutes and more news should start trickling out about arbitration numbers.