Yankees offer arbitration to none
The Yankees have decided not to arbitration to any of their eligible players, including Bobby Abreu and Andy Pettitte. Brian Cashman recorded a MP3 in which he discusses the decision. Here’s the transcription:
“We certainly have been going through this process for quite some time. First and foremost, unlike in past years, we’re not in a position not to be able to sign these players as we move forward. That’s the most important thing. In the past and in the previous basic agreements, you were in a position that if you didn’t offer, you lose the ability to sign.
“Today’s date really has everything to do with the compensation attached to various players, if they had some. Bobby was a Type A and Andy was a Type A, so the determination that we made today was to make sure that we control what amount we’d be spending, at least in the event that we’re fortunate enough to bring those players back.
“We did not want to put ourselves in the position of having that determined by a third party without knowing what that figure would be. The arbitration time period falls in early February, so obviously as we attempt to put this team together, in Andy’s case and in Bobby’s case, they made $16 million a year. It’s been tough in the past to try and deviate from previous years’ earnings in an arbitration setting.
“We just wanted to control the cost that we would allocate for every position on the club by offering them arbitration, even though we wanted Draft picks if we lost anybody. By offering arbitration, we would lose our ability to at least determine a final cost. By doing so, we chose to go a different direction, not offer the arbitration, and we’ll still stay engaged with the entire free agent market including those two players.”