Nationals Make Offer To Strasburg

According to Thomas Boswell at the Washington Post, the Nationals have formally made their offer to no. 1 pick Stephen Strasburg, and it's been on the table for some time. As expected, the offer is "record-setting" in that it surpasses Mark Prior's $10.5MM bonus from 2001, and a source seems to indicate to Boswell that the offer is at least "twice as much" as the top bonus awarded last year, which was $6MM.

This is the first official word that the Nationals have a contract on the table, but it's all but certain negotiations will still last until the final minutes of the August 17 deadline. After examining the pattern of offers that the Nationals made to top free agent Mark Teixeira last year, Boswell projects that the current figures are somewhere between $14MM and $16MM. It's likely going to take much more to sway Strasburg and Scott Boras. Stay tuned to MLBTR as the saga continues to unfold before Monday.

Odds & Ends: Strasburg, White Sox, Rangers

Here's a few links to the get night started right…

  • Ben Goessling of The Washington Times reports that a "club source said managing principal owner Ted Lerner, team president Stan Kasten and acting general manager Mike Rizzo all flew to California last week to visit with (Stephen) Strasburg." It is unknown if Scott Boras was part of the meeting, or if Strasburg took the physical necessary to sign a Major League contract.
  • Ed Price of AOL Fanhouse tweets that Erik Bedard had his "bursa debrided & labrum repaired" when he underwent shoulder surgery. He can resume baseball activity in 4-6 months, right in the middle of his impending free agency.
  • Mark Gonzales of The Chicago Tribune writes about the payroll challenges facing White Sox GM Kenny Williams in 2010. The team has $68.3MM tied up in ten players next year - including the recently acquired Jake Peavy and Alex Rios – and will owe considerable raises to Carlos Quentin and John Danks, both of whom are arbitration eligible for the first time. Gonzales says that "probably means the Sox will listen to offers for closer Bobby Jenks." 
  • MLB.com's T.R. Sullivan reports that Rangers first round pick Matt Purke is in town for a physical, but no deal is imminent. The club just wants to get that part of signing process out of the way because negotiations might go down to the wire. GM Jon Daniels said "They are where you would expect them to be. We still have a gap, a divide, to bridge. That's not unusual three days before the deadline. They have been amicable discussions. He agreed to submit to the physical and get that completed just to get it behind us so we can focus on negotiations. We don't want any hurdles if we negotiate late."
  • In news that involves players who have actually signed, Jim Callis of Baseball America reports that the Rangers have inked 14th rounder Chad Bell to a $450K bonus. He's the third player Texas has signed for more than MLB's recommended $150K maximum after the fifth round.
  • Chad Jennings of The Times Tribune mentions that Josh Towers is expected to return to the Triple-A Scranton rotation next week. The Yankees DFA'd Towers last weekend, but he apparently declined to become a free agent in favor of having a job.

Nats Missed Chance To Shed Kearns’ Salary

By placing Austin Kearns on the DL earlier in the month, the Nats missed the chance to shed the $3.4MM remaining on his salary, according to Tom Verducci of SI.com. An unknown team claimed Kearns when the Nats placed him on waivers, so Washington was in a position to shed the remaining $2.4MM on his 2009 contract and avoid the $1MM buyout for next year. However, they placed him on the DL, meaning he could no longer be claimed.

Verducci hears that the $3.4MM won't be the difference between signing Stephen Strasburg and failing to, but as one source says, saving the money "couldn't have hurt."

Heyman On Strasburg, Boras, Rizzo

Jon Heyman of SI.com hears from people around the league who guess that Stephen Strasburg is in line for a bonus worth $12-30MM – if he signs, that is. Here are the rest of Heyman's Strasburg-related rumors:

  • Agent Scott Boras says teams dictate a slow negotiating pace and he and his clients merely follow along. 
  • Boras doesn't see why Strasburg should get less than Daisuke Matsuzaka, who signed for $52MM. 
  • Boras says the draft currently penalizes Americans, who, unlike international players, are limited to the team that drafts them. 
  • The Nationals visited Southern California to make a presentation to Strasburg, but there's no evidence they made him an impressive offer. Ben Goessling of the Washington Times also reports that the Nats paid Strasburg a visit last week.
  • Strasburg doesn't seem likely to play in Japan if he doesn't sign. 
  • Boras says Strasburg will ultimately decide whether to accept the Nats' offer. 
  • Some people around the Nationals believe that acting GM Mike Rizzo will get the permanent GM job. He's got a busy few days coming up. 

Odds And Ends: Draft, Wagner, Pirates

Some more links as we near the deadline for signing draft picks

Stark On Smoltz, Reds, Strasburg, Thome

ESPN.com's Jayson Stark adds the Astros to the list of teams interested in John Smoltz. Here are the rest of his rumors:

  • The Cubs could look for another bat and another starter, but it depends on how healthy Aramis Ramirez, Ted Lilly and Carlos Zambrano are.
  • Stark points out that Aaron Harang's 2011 club option becomes a more expensive $14MM mutual option if he's traded. The Reds haven't seemed willing to take on cash in a trade involving Harang or rotation-mate Bronson Arroyo. 
  • The Yanks don't appear to have interest in either Reds starter, or John Smoltz, for that matter. 
  • Don't expect any serious negotiating to occur between the Nationals, Scott Boras and Stephen Strasburg before the last minute. Most execs who Stark surveyed expect Strasburg to sign in the end.
  • The Braves could re-sign Adam LaRoche after the season, when the first baseman will hit free agency. 
  • Jim Thome still impresses scouts and should be able to find work as a DH after the season. 
  • Some teams doubt Vicente Padilla's character because the Rangers are ready to part with him even though they need pitching.
  • Some of Alex Rios' former teammates question the outfielder's work ethic and desire.  
  • Stark hears that Andy Sonnanstine and Jeff Niemann were claimed on waivers and quickly pulled back by the Rays. 
  • The Braves made a quick run at Victor Martinez before the Red Sox acquired him, but didn't get very far. 
  • Though their negotiations with Aaron Crow could theoretically continue into late spring, the Royals may impose a deadline of their own to sign their top pick.  

Odds & Ends: Draft, Moyer, Cubs

Links for Thursday…

What To Expect Before The Signing Deadline

ESPN.com's Keith Law reminds us that the Reds seemed unlikely to sign Yonder Alonso until hours before the deadline to sign draft picks last summer. It shouldn't be any different this year; here are the details:

  • We'll hear that teams aren't close to signing their picks, but that doesn't mean the two sides won't agree to last-minute deals.
  • Don't expect Stephen StrasburgDustin Ackley or Donavan Tate (all Scott Boras clients) to sign much before next Monday at midnight.
  • Law expects Strasburg to sign for about $18-20MM.
  • The commissioner's office will try to limit the number of over-slot signings, but teams can offer whatever they like, so MLB's efforts to hold teams to recommended bonuses may be quixotic in the end.

Odds And Ends: Nats, Royals, Rios, Rays

More links to take a look at…

How Much Should The Nats Offer Strasburg?

The Nationals have one week to sign top pick Stephen Strasburg. Widely considered one of the best college pitching prospects ever, Strasburg is in line for a record-setting bonus. Nats acting GM Mike Rizzo will negotiate with crafty agent Scott Boras, Strasburg's representative. The Nats don't have any long-term commitments other than Ryan Zimmerman's deal and they've only committed about $28MM to their 2010 payroll so far (though that figure will rise considerably because of the team's arbitration-eligible players).

So how much should the Nats be willing to offer? $10MM? $50MM? They would receive the second overall pick in next year's draft if they fail to sign Strasburg, but a first overall pick now is worth more than a second overall pick later, at least in theory. If you're making the call for the Nats, how much would you offer Strasburg?

Thanks to Cot's Baseball Contracts for the financial details.
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