Fourth year (4th) = 50% of the calculated value, or up to $6.0 million Fifth year (5th) = 70% of the calculated value, or up to $9.0 million Sixth year (6th) = 90% of the calculated value, or up to $12.0 million
We would like to forward for discussion the proposal that:
Fourth year (4th) = 50% of the calculated value, or up to $3.0 million Fifth year (5th) = 70% of the calculated value, or up to $5.0 million Sixth year (6th) = 90% of the calculated value, or up to $8.0 million
The reason behind this is that recent bidding for top free agents often fails to achieve salaries above the arbitration maximums. I believe that the philosophy of arbitration in this league is that during the arb years a player's salary reflects their level of performance, but is below market value. For some of the top players, their arbitration salaries potentially go beyond market value - which may indicate that the current system is not working.
Post by miggitymatt on Jul 31, 2015 23:32:38 GMT -5
That would free up quite a bit of money, as a league. Meaning more to spend in FA, likely driving up the bidding. Which isn't necessarily a bad thing. Could result in more "bad" contracts, though.
Also, with that much of a drop, it could have a rich get richer effect...
Part of my motivation to move Donaldson was his impending arb raise. I'm not at all complaining, just using him to help illustrate my point. Donaldson and Goldy are easily on pace to receive max arb raises. If I still had both players, I could be looking at an additional $8M in cap space. With there being more total money available, maybe that's not as much as it sounds like, but it could be.
Brantley and Kluber are two guys that spring to mind as examples of the current maximums not working. I know he was excellent last year but if Brantley had been an FA this offseason would he have merited a $10.8 salary? If we are in agreement that arb salaries should reflect performance but also provide a preferable salary when compared to open market price then I think that the current system is failing in this regard.
This change is only really likely to affect top 30ish overall players in their 4th - 6th years. I'd guess Trout and Harper will probably benefit quite reasonably over the next couple of years, and a handful of others. I don't forsee this bringing lots of new money into free agency, but it may help to treat some extreme cases of overinflated salaries.
It's up to the owning teams to spend any windfall responsibly, although I would personally hope that money coming into free agency coffers would boost the mid- and low-end of the market where I feel competition for valuable but non-elite players has not been add strong as it might have been.