Holy Halitosis, Bud-Man! [Thanks, MLB.com]
To quote some character from some movie from some series of movies I promise I've never before referenced: "He agrees!" In this context, "he" is either Don Fehr or Bud Selig. Whatever. It's the deal, not the analogy, that is important.
. . . After Major League players file for free agency in the one-week period that begins at midnight the day after the World Series, all subsequent deadline dates are eliminated: Dec. 7 (for club to offer arbitration), Dec. 19 (for players to accept), Jan. 8 (last day the old club could re-sign its own free agent) and May 1 (first day a club's former player could re-sign with its former club if he went past Jan. 8 date). Also, the tender date for clubs to offer contracts to all players has been moved up from Dec. 20 to Dec. 12. And players traded in the middle of a multi-year contract can no longer demand a trade.
. . . As far as the June First-Year Draft is concerned, teams will now get same-slot compensation if they don't sign their draft picks, meaning if a team fails to sign it's No. 3 pick in one draft, it will get the 3(a) pick in the next year's draft. More important, teams will no longer have until the next draft to sign their picks, but must do so by the following Aug. 15 or the player goes back into the pool. Minor League players that fall under the Rule 5 Draft can now be protected from an extra year. Currently players with four to five years of experience can be selected. It will increase to five to six years.
. . . Type C Major League free agents will no longer carry draft pick compensation for the club that loses the player, beginning this year, while Type A and Type B free agents will continue to carry compensation. Next year the Type A and Type B pools shrink. Right now, Pool A is the top 30 percent at their position, but in succeeding with decrease to 20 percent. Pool B is the top 50 percent, but it will decrease from 21 percent to 40 percent.
Emphasis added, obviously.
Update [2006-10-24 22:8:1 by Basil]: MLB.com has issued a press release clarifying some aspects of the CBA. Since it's a press release, I'll quote the whole thing:
Summary of MLBPA-Major League Baseball Labor Agreement
1. Five-year labor contract.
2. Termination date - December 11, 2011.
1. Net transfer of revenue sharing plan will be the same as the current plan ($326 million in 2006). Net transfer amounts will continue to grow with revenue and changes in disparity.
2. Marginal tax rates for all recipients are reduced significantly through the use of a new central fund redistribution mechanism. Rates reduced to 31% from 40% (high revenue Clubs) and 48% (low revenue Clubs) under old agreement.
3. All Clubs face the same marginal rate for first time.
4. Commissioner's Discretionary Fund will continue at $10 million per year, with cap of $3 million per Club per year.
5. Provision requiring revenue sharing recipients to spend receipts to improve on-field performance retained with modifications.
Competitive Balance Tax
1. Competitive Balance Tax structure from 2002 agreement is continued.
2. Rates will continue at 22 ? % for Clubs over the threshold the first time, 30% for Clubs over the threshold the second time and 40% for Clubs over threshold the third time.
3. Clubs that paid 40% in 2006 will face 40% rate in 2007.
4. Thresholds reset to $148 million in 2007, $155 million in 2008, $162 million in 2009, $170 million in 2010 and $178 million in 2011.
The Debt Service Rule
1. The Debt Service Rule from 2002 agreement retained with modifications.
1. Clubs that fail to sign first or second round draft pick will receive the same pick in the subsequent draft as compensation. Club that fails to sign a third round pick will receive a sandwich pick between rounds three and four in the subsequent draft as compensation.
2. Period of time before a Player must be protected from the Rule 5 Draft is changed from three or four years from first minor league season to four or five years from year of signing.
3. Signing deadline of August 15 for draft picks other than college seniors.
Draft Choice Compensation
1. Type C free agents eliminated in 2006.
2. Also in 2006, compensation for type B players becomes indirect (sandwich pick) as opposed to direct compensation from signing Club.
3. Effective 2007, Type A players limited to top 20 percent of each position (down from 30 percent) and Type B players become 21 percent - 40 percent at each position (rather than 31 percent - 50 percent).
4. Salary arbitration offer and acceptance dates move to December 1 and December 7.
1. Players Benefit Plan continued with maximum allowable benefit under IRS rules.
2. $154.5 million average annual contribution.
3. Improved benefits for some retired players.
1. Major League: $380,000 in 2007, $390,000 in 2008 and $400,000 in 2009, COLA in 2011.
2. Minor League: $60,000 in 2007, $62,500 in 2008, $65,000 in 2009.
3. New minimum for first time roster players of 50% of minor league minimum.
4. Maximum cut rule applicable to split contracts reduced to 60% from 80%.
1. Eliminate December 7, December 19, January 8 and May 1 deadlines for free agents.
2. Tender Date - December 12
3. Eliminate right to demand a trade for all new multi-year contracts.
1. Home-field advantage in World Series to League that wins the All-Star Game.
2. Drug program continues.
3. Settlement of 40 plus grievances and disputes.
4. No contraction during term of agreement.
* * * *
Update [2006-10-24 23:16:52 by Basil]: Well, I hope that was sufficiently boring. How does all this affect the Nats?
- Figure it out for yourself; or
- Check out Nats Farm Authority.