Yankees to offer Arod arbitration--Newsday

"Yankees general manager Brian Cashman told Newsday Tuesday that the Yankees would offer arbitration to A-Rod. If A-Rod accepted, he would be contractually bound to the Yankees for 2008, and in line for a significant raise from his 2007 salary of $27 million."

• ....Teams must offer arbitration to their own free agents by Dec. 1. By doing so, clubs ensure that they will receive compensatory draft picks if those free agents sign with other teams. Because A-Rod is a Type A free agent, the Yankees would get two amateur draft selections.

"I'm definitely offering him arbitration," Cashman said. "I want those draft picks."

• Free agents must accept or decline arbitration by Dec. 7, and were A-Rod to accept, he would lock himself into the Yankees. He also would be accepting far less, guaranteed, than the three years and $91 million from which he opted out on Oct. 28.

Boras utilizes the arbitration acceptance more than other agents. In December 2002, Boras' client Greg Maddux accepted arbitration from the Braves, causing a flustered Atlanta GM John Schuerholz to trade Kevin Millwood to the Phillies to make room for Maddux on his payroll. The following year, Millwood, also a Boras client, accepted arbitration from the surprised Phillies."

• From Newsday article by Ken Davidoff, "Yankees Will Offer Arod Aribitration-Still a Long Shot," 11/6/07

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