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Today was the deadline for the six free agents who received $ 18.9 million in qualifying offers to accept or reject, either cutting them back for a year or tying them to selection compensation.
As we discussed earlier, Marcus Stroman accepted his offer from the Mets, and of course, Kevin Gausman joined him in accepting the Giants’ offer. Everyone will now have a year to show what is what, and then will be free to freedom next year.
As for the other four top free agents – JT Realmuto, George Springer, Trevor Bauer and DJ LeMahieu – they all turned down the offers and will now subject their signing squad to a loss of pick in the IFA draft / pool space. I don’t foresee that this will be a major market consideration for the top three, although it might hurt LeMahieu’s market a bit.
As a team on the luxury tax *, the Cubs would pay the heaviest penalties for signing a qualified free agent: the loss of their second and fifth highest picks (and bonus pool money) , and a loss of $ 1 million in IFA pool space. . So if the money or the adjustment didn’t take them away, I think it would.
Historically, we don’t see a lot of free agent movement, at the earliest, before this QO deadline. Not only do teams not yet know for sure what high end free agency will look like, but you also have the fallout effects of this team’s budget to that other free agent to that other team to that other possible exchange. , etc. And so on.
No, that doesn’t mean that many movements are about to kick off – especially this year – but it does mean that the rumored season, the most serious, will begin now.
* (We’re still operating on the still unclear assumption that the Cubs’ full season CBT payroll for 2020 is what matters, and therefore they will always be recorded as exceeding the season threshold.)
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