Qualifying Offers
Posted: Fri Nov 13, 2015 12:55 pm
Interesting to see Colby Rasmus accept his qualifying offer from the Astros. $15.8 million for one season is not a bad take on his part. Rasmus became the first player to accept his qualifying offer.
I kind of think this whole qualifying offer business is rather silly. Over the last few years, teams gave qualifying offers to players that (a) did not deserve to make that much in a single year and/or (b) they did not want to retain anyway. The only reason they gave the qualifying offers was because they wanted the high draft pick in return. For their part, many players turned down the qualifying offer even though it represented a great one-year payday in the hope that they could get multi-year deals, even at less average annual salaries. Of course, some of them found out to their detriment that not all teams would throw big free agent money at them, especially if it meant losing a high draft pick. Consequently, we saw some guys remain unsigned right up until Spring Training, or even into the season, because they were not satisfied with the qualifying offer and other teams were not willing to pay up for those players and lose draft picks. Not a great system, and one that I suspect the players will fight to change in the next collective bargaining agreement.
Against this backdrop, I found it refreshing that Rasmus said, "OK, you want to pay me $15.8 million for one season? Where do I sign?" I wonder if the Astros really foresaw this possibility or just assumed that Rasmus would turn down the qualifying offer like all players before him. Now, because they gambled for a draft pick, they are stuck with a big overpay that may (or may not) impact their flexibility during free agency.
Saw a blurb that Wieters may consider signing his qualifying offer as well. Wieters easily can get a multi-year contract, but after having portions of two seasons ruined due to Tommy John surgery, you also can understand the strategy of taking $15.8 million for 2016, putting up good numbers for a season, and then hitting free agency with a much higher value.
If Wieters does sign the qualifying offer, it will be interesting to see if the Orioles are willing to pay him that or if they try to trade him. Same goes for the Astros and Rasmus. I'm sure these players would prefer the security of a multi-year agreement, but $15.8 million for one year is not bad for a streaky, mediocre OF like Rasmus and a C coming off a major injury like Wieters.
Mike
I kind of think this whole qualifying offer business is rather silly. Over the last few years, teams gave qualifying offers to players that (a) did not deserve to make that much in a single year and/or (b) they did not want to retain anyway. The only reason they gave the qualifying offers was because they wanted the high draft pick in return. For their part, many players turned down the qualifying offer even though it represented a great one-year payday in the hope that they could get multi-year deals, even at less average annual salaries. Of course, some of them found out to their detriment that not all teams would throw big free agent money at them, especially if it meant losing a high draft pick. Consequently, we saw some guys remain unsigned right up until Spring Training, or even into the season, because they were not satisfied with the qualifying offer and other teams were not willing to pay up for those players and lose draft picks. Not a great system, and one that I suspect the players will fight to change in the next collective bargaining agreement.
Against this backdrop, I found it refreshing that Rasmus said, "OK, you want to pay me $15.8 million for one season? Where do I sign?" I wonder if the Astros really foresaw this possibility or just assumed that Rasmus would turn down the qualifying offer like all players before him. Now, because they gambled for a draft pick, they are stuck with a big overpay that may (or may not) impact their flexibility during free agency.
Saw a blurb that Wieters may consider signing his qualifying offer as well. Wieters easily can get a multi-year contract, but after having portions of two seasons ruined due to Tommy John surgery, you also can understand the strategy of taking $15.8 million for 2016, putting up good numbers for a season, and then hitting free agency with a much higher value.
If Wieters does sign the qualifying offer, it will be interesting to see if the Orioles are willing to pay him that or if they try to trade him. Same goes for the Astros and Rasmus. I'm sure these players would prefer the security of a multi-year agreement, but $15.8 million for one year is not bad for a streaky, mediocre OF like Rasmus and a C coming off a major injury like Wieters.
Mike