Jason Varitek And Draft Pick Compensation

As you know, players such as Jason Varitek, Orlando Cabrera, and Juan Cruz are Type A free agents who declined offers of arbitration.  As such, it costs a draft pick to sign one of these players.  For Varitek in particular, no team seems comfortable with this cost.

WEEI’s Alex Speier looks at the Varitek situation, outlining four ways the catcher might get around this problem: wait until June, have the Red Sox waive their right to a compensation pick, a sign and trade, or a minor league contract.  Bottom line, Varitek will probably not find a way to circumvent the draft pick compensation (which is why re-signing with the Sox makes the most sense).  It’s never wise to bet against Scott Boras, but the agent’s apparent recommendation to decline Boston’s offer of arbitration looks like a miscalculation.

Braves Sign Derek Lowe

10:59pm: O’Brien adds that Lowe did not receive a no-trade clause.

9:43am: According to David O’Brien of the Atlanta Journal-Constitution, the Braves agreed to terms with Derek Lowe on a four-year, $60MM deal.  For all the talk of the Braves’ failed offseason, they’ve added three quality starting pitchers.  Even if Lowe wasn’t their first choice, he probably should’ve been.  Ken Rosenthal says the Braves made their four-year offer to Lowe "on the condition that he accept the deal quickly."

Mets Lose Lowe; What’s Next?

Ben Shpigel of the New York Times looks at the Mets’ plans now that Derek Lowe has signed with the division-rival Braves.

Contrary to Jon Heyman’s report yesterday, Shpigel says the Mets have not yet made an offer to Oliver Perez.  He expects that to happen within a day or two.  The Mets are also "weighing a run at Ben Sheets, but are wary of his injury history."  This Sheets-Mets idea is picking up steam.  Sheets is also a "person of interest" for the Rangers, but they have not made an offer.  Randy Wolf seems to be Mets’ fallback plan.  David Lennon says the Mets are also involved with Jon Garland.

It will be interesting to see what happens to the Wolfs of the world – do those guys all end up with one-year, $8MM deals?

Braves Sign Kenshin Kawakami

4:27pm: O’Brien says now it’s about $23MM over three years.

2:02pm: David O’Brien says Kawakami gets three years, $25MM.

8:38am: A news conference is scheduled for today, so it’s safe to assume pitcher Kenshin Kawakami passed his physical and is a Brave.  We’ll add the terms of the three-year deal once they become available.  The Japanese paper Sponichi believes it’s worth $24MM, though it was written in uncertain terms according to Patrick Newman.

If the Braves are able to sign Derek Lowe, they’ll have a rotation of Lowe, Javier Vazquez, Kawakami, Jair Jurrjens, and Jorge Campillo (with Tommy Hanson knocking on the door and Tim Hudson in the second half).

Manny Ramirez Rumors: Tuesday

Henry Schulman describes the divide between the Giants’ limit and Scott Boras’ request for Manny Ramirez: Boras wants four years with a fifth-year vesting option, while the Giants probably won’t exceed two years.

Manny is Boras’ last great project of the offseason.  If he can somehow play the Giants and Dodgers off each other, maybe he gets that third guaranteed year.

Orioles Rumors: Dunn, Wigginton, Sexson

3:15pm: Roch Kubatko says the Orioles would only consider Adam Dunn as a DH, and he wants to play the outfield.

1:40pm: The latest from Peter Schmuck of the Baltimore Sun (with an assist from Jeff Zrebiec)…

  • The Orioles want a first base candidate who can also play other positions, since they want to use Aubrey Huff at first sometimes.  Ty Wigginton remains on the radar, but the Orioles don’t want to go beyond one year.  The O’s have apparently moved on from the Richie Sexson idea.
  • The Orioles signed former Yankees outfielder Justin Christian to a minor league deal.
  • The O’s finalized their two-year contract with Koji Uehara.

Odds and Ends: Smoltz, Young, Cameron

Links for Tuesday…