Feel the Chill

3/18 UPDATE:

The Kansas City Royals have signed recently-released RHRP Justin Grimm to a major league contract ($1.25M base salary with another $300K in potential performance bonuses).

But because Grimm was signed to a non-guaranteed contract and was released by the Cubs prior to MLB Opening Day, there is no salary offset for the Cubs. The $530K termination pay Grimm got from the Cubs is - NOT - offset by the $1.25M Grimm gets from the Royals. They are considered two unrelated deals, so Grimm ultimately could make upwards of $2M+ in 2018 (close to the $2.2M he was scheduled to make if he had not been released) if he reaches all of the performance bonuses (the $530K termination pay he got from the Cubs + the $1.25M base salary he gets from the Royals + the $300K in potential performance bonuses).

If Grimm had been released by the Cubs after MLB Opening Day, he would have received the entire $2.2M salary he got from the arbitration panel as termination pay, and then the Royals could have signed him for just the MLB minimum salary ($555K) and the Cubs would have been on the hook for the remaining $1.645M.

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3/15 UPDATE:

The Cubs have released veteran RHRP .

Because he was released 15 or fewer days prior to MLB Opening Day, Grimm will get 45 days salary as termination pay (which is about $530K of the $2.2M 2018 salary that he was awarded by an arbitration panel last month). Note that the Cubs would have saved themselves about $180K if they had released Grimm prior to yesterday (Wednesday), because players with non-guaranteed contracts receive only 30 days salary as termination pay if released more than 15 days prior to MLB Opening Day.

So the Cubs MLB Reserve List now stands at 39 (one slot is open), and 39 players are assigned to the Cubs Spring Training Active List (including ten NRI).

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3/11 ORIGINAL POST:

A player on an MLB Reserve List (40-man roster) signed to a non-guaranteed contract who is released more than 15 days prior to Opening Day receives 30 days salary as termination pay (paid at the "minor league rate" if the player is signed to a "split contract"), and a player on an MLB Reserve List signed to a non-guaranteed contract who is released 15 or fewer days prior to Opening Day receives 45 days salary as termination pay (all players paid at the "Major League rate"). A player on an MLB Reserve List signed to a non-guaranteed contract who is released during the MLB regular season receives 100% of his salary as termination pay (paid at the "minor league rate" for players on Optional Assignment to the minors). An unsigned player on an MLB Reserve List released during the off-season receives no termination pay.

So this coming Tuesday (3/13) is the last day a club can release a player on its MLB 40-man roster who is signed to a non-guaranteed contract and pay the player only 30 days salary (which is about 1/6 of the player's salary) as termination pay - AND - at the "minor league rate" if the player is signed to a split contract (meaning the player's salary varies depending on whether the player is on the club's MLB 25-man roster or is on Optional Assignment to the minors). 

What this means is that if (for example) RHRP Shae Simmons (who has had shoulder issues recently and a long history of arm problems throughout his career) is signed to a non-guaranteed contract and then is released by this coming Tuesday, the Cubs would only have to pay him about $20,000 (30 days pay based on his minor league split salary of $120K) as termination pay. If the Cubs were to wait until after Tuesday but still release Simmons prior to MLB Opening Day, he would get 45 days pay based on his major league salary (1/4 of $750K, or about $187,500, a difference of about $165K). What the Cubs CANNOT do is send Simmons to the minors by optional or outright assignment while he is injured, because a club (in most cases) cannot option a player to the minors while he is injured and also cannot place a player on Outright Assignment Waivers unless and until a player is able to immediately render service to whatever club might claim him.

If Simmons has a shoulder injury and the Cubs do not release him prior to MLB Opening Day, the only other choice the Cubs would have would be to place him on the club's MLB 10-day (or 60-day) DL by MLB Opening Day and owe him the full $750K but with the possibility that he might be able to pitch later in the season, or possibly release him a a later date (but still owe him 100% of his 2018 salary as termination pay).

These two release deadlines (30 days salary -- with a variance if the player is signed to a "split" contract" -- as termination pay if the player is released more than 15 days prior to MLB Opening Day, and 45 days salary -- paid at the "major league rate" for players signed to a "split contract" -- as termination pay if the player is released 15 days or fewer prior to MLB Opening Day) apply to all players on a club's MLB 40-man roster who are signed to non-guaranteed contracts, which would include ALL pre-arbitration (auto-renewal) players as well as any player who is awarded a contract by an arbitration panel (even if the player loses in the hearing), which would include RHRP Justin Grimm.

So look for the Cubs to possibly release one or more players currently on their MLB 40-man roster prior to MLB Opening Day, perhaps even by this coming Tuesday.

Comments

j.grimm owes d.maples lunch for taking a little pressure off him.  they're going head to head in sucking.

Maples. Belongs in. Des Moines.

 

Players don't usually dominate the MLB level from the start like Bryant or Contreras. Or even play rather well from the start, like Russell and Happ.

 

Usually, they struggle. How it usually works.

Maples may belong in Des Moines, but so does Grimm. I’ll take my chances with Eddie Butler.

The Phillies have reportedly agreed to a contract with ex-Cubs RHSP Jake Arrieta. Because they extended a Qualifying Offer to Arrieta after he became a free-agent, the Cubs will get a compensation draft pick between the 2nd & 3rd rounds of the 2018 draft. (They also got a comp pick between the 2nd & 3rd rounds after fellow Qualified Player Wade Davis signed with the Rockies). The two Cubs comp picks will be slotted after the conclusion of Competitive Balance Round "B," in the vicinity of picks #77-78-79 (exact slots still TBD, depending on when & if Alex Cobb signs). 

woo!

3/75m btw...nice haul for him...hell, in this market it's practically over-paying...darvish was/is a better deal.

I am psyched he's not a Brewer. I like him too much to want him to be terrible, and obviously I can't wish him success with a division rival. Glad to have him here in Philly where he can do minimal damage to the Cubs. I am surprised it's a multi-year deal. I would've thought if he signed with the Phillies he'd be looking to recoop his value and test the market again.

Ditto -- very glad he's not in the division, or in LA or WASH.  $75 million is nothing to sneeze at, but it's likely his last big deal.  In 3 years, he'll be 35 years old.

I always felt the "aces get seven years" quote would come back to haunt him.  Hubris, and all that.  Looking forward to some interesting sound bites from Mr. Boras.  His clients have come in miles below expectations.

 

given the current market the phillies got f'n raked over the coals...or darvish needs a new agent.

"Arrieta will earn $30 million in 2018, $25 million in 2019 and $20 million in 2020. The right-hander has the option to opt-out after the 2019 season, but the contract also allows the Phillies to void that potential opt-out clause in the form of a two-year extension for the 2021 and 2022 seasons. In that event, Arrieta would earn $20 million per season for those two years, with incentives that could drive it up to $25 million per season. All told, the final deal could wind up being for five years and between $125 and $135 million."

Agree. Given the bargains happening, see Lance Lynn,  this seems like an overpay.  Tthe Phils wanted a shorter term deal and Boras somehow figured out a way to use that as leverage as spring training is halfway completed. As others have said, just glad Jake didn't end up with Cards, Brewers, Nats or Dodgers.  Thank you for your service Jake, it was an amazing ride. 

"Cubs manager Joe Maddon said Tuesday that Javier Baez (hamstring) could return to Cactus League action "by the end of the week.""

that goalpost keeps getting moved.

happ hits HR #5...russell finally hits his 1st...both off bumgarner.

chatwood is making the regulars-heavy giants lineup look like he's playing a college exhibition game (5ip 1h 2bb 9k, 0 r/er).

also, v.caratini had a.jackson collide with him on an attempted steal of home (C to 2nd to C with men on the corners).  caratini held onto the ball and got the out.  he stayed in the game, but might be sore later.

heyward hit his 1st homer...off a nice lefty, too (r.r.ay).

hendricks went 6ip 3h 0bb 7k, 1 r/er

Anybody there in person see if he had that curveball going again yesterday?

CHARLIE: Kyle Hendricks had all of his pitches working yesterday. Vintage Hendricks. He was masterful. He had more than one of the D'backs hitters so messed-up they walked back to the bench shaking their heads after striking out. I mean, how can you swing late on an 86-MPH FB? How can you take a 72-MPH curve for strike-three?

Thanks, Phil! Sounds encouraging--I'll still try not to get my hopes up too much!

so now grimm is out of the picture, maples has 2 weeks to turn a full 180 on the crap he's been throwing, and it's still questionable whether montgomery will break the season with the team without being traded.

Wait, why would they trade Monty?

he's been vocal about how he would like to be a starter rather than hang out in the pen. it's not gotten to the point of "start me or trade me" but if the cubs could accommodate it while getting a useful return, it may happen. i wouldn't count on it being a sure thing, but it's floating out there.

The Kansas City Royals have signed recently-released RHRP Justin Grimm to a major league contract ($1.25M base salary with another $300K in potential performance bonuses). But Because Grimm was signed to a non-guaranteed contract and was released by the Cubs prior to MLB Opening Day, there is no salary offset for the Cubs. The $530K termination pay Grimm got from the Cubs is - NOT - offset by the $1.25M Grimm gets from the Royals. They are considered two unrelated deals, so Grimm ultimately could make upwards of $2M+ in 2018 (close to the $2.2M he was scheduled to make if he had not been released) if he reaches all of the performance bonuses (the $530K termination pay he got from the Cubs + the $1.25M base salary he gets from the Royals + the $300K in potential performance bonuses). If Grimm had been released by the Cubs after MLB Opening Day, he would have received the entire $2.2M salary he got from the arbitration panel as termination pay, and then the Royals could have signed him for just the MLB minimum salary ($555K) and the Cubs would have been on the hook for the remaining $1.645M.

2 games televised (cubs split squad), same start time, vs CLE and vs KC...chatwood vs KC, Z vs CLE

j.jay comes to the plate and some of the cubbies in the field give him a mild, but respectful, bit of applause clapping their hands on their gloves. CLASS, BABY. PURE CLASS. then chatwood struck out the bum on 4 pitches.

speaking of ex-cubs...soler hit his 6th HR of spring off chat...boo.

d.maples...wtf has happened to you?

geez...

straight up one of the nastiest off-speed pitches around...the break on the slider is so nasty. but...wow...this spring has been outing after outing of ineffective play.

"Jorge Polanco received an 80-game suspension, without pay, for testing positive for performance -enhancing drugs."

uh oh.  that's MIN's starting SS.

nick gordon, you ready to play in the bigs?

harsh suspension for a team that's trying to compete this year.

Makes me wonder how many players were actually juicing back in the day. Probably much higher than I would like to believe. We always point to the bulked up sluggers as obvious examples, but so many of the guys getting caught these days are speed guys (Polanco/Dee Gordon/Starling Marte) or pitchers (Jenrry Meija 3x/Ervin Santana/David Paulino). Hell, even Neifi Perez has failed drugs tests, although for amphetamines, not steroids.

Canseco said it was up to 85%.

he also says he's mastered time travel and once ran the 40-yard in under 4 seconds. who am i to question the fastest man on earth to ever time travel? i wouldn't be surprised if it was even higher than 85%. oh yeah, here's some bonus canseco from his short-lived criminally under-viewed youtube page...may be NSFW (language, drug discussion) if you err on the side of caution... https://www.youtube.com/watch?v=xFJzydrkUrw

Justin Wison doing Justin Wilson (while with the Cubs) things ... 0 IP 3 H 3 ER 1 BB 0 K 1 HR 7.50 ERA. It's spring an 'at, but dayum would help if the bullpen does not suck out of the gate. 

he looked terrible today...so did montgomery...so did maples... also, contreras's throws from behind the plate haven't exactly been as surgically precise as we're used to and he showed it again today. hopefully that's just spring cobwebs. also also, it seems alberto baldonado needs to have an eye kept on him even if he's probably starting the year in AAA.

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  • crunch 9 hours 12 min ago (view)

    both him and his sister (who's since left twitter) have some interesting opinions on what civility and real americans are and are not.

    it may run in the family, but they're grown ass adults responsible for what things they put out in the world for public consumption.

     

  • Hagsag 9 hours 21 min ago (view)

    Piece of gabage.

     

  • crunch 13 hours 8 min ago (view)

    arrieta threw a pen today (saturday)

     

  • crunch 13 hours 44 min ago (view)

    beth and jd in the booth today.  beth had a great debut earlier in the year with very positive fan feedback for her work + homework.

     

  • crunch 13 hours 53 min ago (view)

    decided to check in on corey black to see if anyone has signed that waste of space.  dont think anyone has yet.

    he might want to remove the photo of the proud boys leader he has on his twitter as aggressively as he's removed some of his weird hot takes from the past.  actually, he should keep it there.  it will give him a reason to feel like a victim and that seems to be very important to him.

     

  • crunch 1 day 4 hours ago (view)

    no hitter!  4 in MLB on the season...2 have been vs CLE

    114 pitches.

     

  • crunch 1 day 5 hours ago (view)

    ...and CIN takes the lead because CLE is stupid...giving up a run on a throwing error followed by balking another runner in.

    miley gonna get his shot for a no-hitter win.

     

  • crunch 1 day 5 hours ago (view)

    w.miley (CIN) has a no-hitter through 8ip...0-0 game...106 pitches (season high)

     

  • crunch 1 day 9 hours ago (view)

    after this past off-season that is the most logical gut reaction.

    there's a lot of people out there rooting for kimbrel and bryant to have a good season as a backup plan (or main plan) for the 2021 season.

     

  • Sonicwind75 1 day 9 hours ago (view)

    Is it bad that my gut reaction was that I'm glad they didn't panic and risk injuring a valuable trade chip? Just keep him rested and healthy.   

     

  • champsummers 1 day 9 hours ago (view)

    ah.

    thanks!

     

  • crunch 1 day 9 hours ago (view)

    Jordan Horrobin  @JordanHorrobin
    #Cubs David Ross says Craig Kimbrel was "just down" today and that not having Kimbrel in the ninth was not injury related. 
    He also said he expects Kimbrel to be available tomorrow.

     

  • champsummers 1 day 10 hours ago (view)

    it certainly was....

    wonder why Kimbrel didnt't come in?

     

  • crunch 1 day 10 hours ago (view)

    that was -way- too much drama.

    cubs move to .500, though.  woo.

     

  • Sonicwind75 1 day 10 hours ago (view)

    This top of the 9th is going from better, to bad, to worse.

     

  • First.Pitch.120 1 day 11 hours ago (view)

    Least painful to lose if they don't want to keep a 40-man spot tied up?