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It's November, so you know what that means... yes, it's time for the first of what will be many Hot Stove Updates during the offseason. Free agency, arbitration and plain 'ol trades are all heating up as potential moves for the Sox over the next few months. |
Before diving into the rumors, speculation and innuendo (Teixeira, anyone?), this first post will focus on the basics of which current Sox players are pieces in the offseason chess match this year.
In what is easily the most no-brainer move the Red Sox will make this offseason, the front office kicked things off right by exercising Tim Wakefield's club option for 2009 on Friday. At the (relatively) paltry price of $4 million, it was a bargain. Per the terms of his contract, it also sets up another club option for 2010 at the same price. Next year will mark Wake's 15th consecutive year pitching in the Boston home whites, a club record.
Next up: free agent extravaganza! So far, seven Red Sox players have filed for free agency: Sean Casey, Bartolo Colon, Alex Cora, Mark Kotsay, Dave Ross, Curt Schilling and Jason Varitek. Paul Byrd and Mike Timlin are also eligible to file for free agency, and it is likely they will file soon as well. The Red Sox have an 15-day window after a player files for free agency during which they are exclusively allowed to negotiate with him. The players (and their agents) are allowed to talk to other teams during that period, but they are not permitted to discuss financial terms.
The Red Sox also have four team members eligible for arbitration this year: Kevin Cash, Javier Lopez, Jonathan Papelbon and Kevin Youkilis. All four players are Third-Year Players; the Red Sox do not have any Super-Twos this year. (Some notable Super Twos this year are Brian Bannister, Melky Cabrera, Cole Hamels, Russell Martin, B.J. Upton and Jared Weaver.)
The Red Sox will also be free to offer arbitration to any of their free agents who do not sign a contract with another ballclub. The Elias Sports Bureau rankings were released to the clubs on Thursday, and Jason Varitek netted a Type A ranking, and Paul Byrd netted a Type B ranking- meaning the Sox would get two and one compensatory draft picks, respectively, if they offered arbitration and Tek/Byrd do not accept. For everything you wanted to know about arbitration but were afraid to ask, see the Arbitration Primer I put together last year.
Now that the basics are out of the way, our next installments will dive into the all the latest news and tidbits about potential moves the Sox might make. Hang on, as always, the hot stove season is gonna be a bumpy ride.





on November 3, 2008 12:08 PM
This offseason scares me so much...