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Game Thread: 5/15 GDT dogs @ Digging Out

tzill

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Marco did leave us (sort of, Stokes created a thread to reference) with some tools. I looked up COTs (http://www.baseballprospectus.com/compensation/cots/transactions-glossary) and this is what I could find:

  • The exercise dates for option seasons in any contract must fall within the five-day Quiet Period after the World Series ends.
  • During a five-day “Quiet Period” after the World Series ends, a free agent’s former club retains exclusive negotiating rights with him. The player may engage in general discussions with other clubs but may not discuss contract details or sign with them.
  • If a player was under contract with his former club since Opening Day of the previous season, the club may make him a Qualifying Offer of a one-year contract in the amount of the average salary of the 125 highest-paid players in the game. (The amount for the 2012-13 off-season was $13.3 million. The amount increased to $14.1 million for the 2013-14 off-season and $15.3 million for the 2014-15 off-season.) A Qualifying Offer must be made during the five-day Quiet Period. A player may accept a Qualifying Offer during the “Acceptance Period,” a seven-day window after the Quiet Period. If the player accepts the offer, he returns to the club’s roster. If the player rejects the Qualifying Offer, he may negotiate with any of the 30 clubs. A former club is not entitled to compensation when a free agent signs elsewhere unless the club made the player a Qualifying Offer.

I think that's the issue. Cain would still be under contract during the quiet period unless they can decline him then.

It's an interesting thought, though.
 

LHG

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I think that's the issue. Cain would still be under contract during the quiet period unless they can decline him then.

It's an interesting thought, though.
The way I see it, they could decline his option on the first day of the quiet period and then offer a QO the next day. But talking about the idea in this early in the season may be a bit presumptive. If he gets better as the season goes on, they may just want to pick up this option. If he gets much worse, the QO may be out of the question.
 

calsnowskier

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I am WAGing that a QO will be worth about 18M this year. The QO system has been restructured, though, and I know it is more complicated than before, so at this point, who really knows?

If the Gs were to pick up his option, it would cost 20M. If they bought him out, it would cost 7M. Would either side be interested in a restructured 3/40? He picks up another 20M and the Giants get 2 additional years.
 

tzill

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The way I see it, they could decline his option on the first day of the quiet period and then offer a QO the next day. But talking about the idea in this early in the season may be a bit presumptive. If he gets better as the season goes on, they may just want to pick up this option. If he gets much worse, the QO may be out of the question.
Agreed. If he pitches as he has been for the whole year, it's $13M to pick up the option.
 
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