Cubs Release Three, But Not So Fast...
The Cubs released LHRP Manny Parra, INF Munenori Kawasaki, and OF Shane Victorino today, but hope to re-sign all three players. The trio were signed to minor league contracts during the off-season and were in big league camp as NRI (Non-Roster Invitees).
Here's why this happened today...
If an Article XX-B MLB free-agent (like Parra, Kawasaki, and Victorino) signs a minor league contract at least ten days prior to MLB Opening Day, and then is either not released by 12 PM (Eastern) on the 5th day prior to MLB Opening Day or added to an MLB Active List (25-man roster) or MLB Disabled List by 3 PM (Eastern) on MLB Opening Day, the player automatically receives a $100,000 retention bonus, and the player can unilaterally opt-out of the minor league contract on June 1st if he has not been added to an MLB Active List (25-man roster) or an MLB Disabled List by that date.
CUBS ARTICLE XX-B MINOR LEAGUE PLAYERS SPRING TRAINING 2016: (last updated 2-26-2016)
Munenori Kawasaki, INF
Manny Parra, LHP
Shane Victorino, OF
So the Cubs can avoid paying the $100K retention bonus and having to deal with an automatic 6/1 opt-out by releasng the Article XX-B player now and then re-signing him to a new minor league contract that does not include the retention bonus and/or the 6/1 opt-out.
The Cubs did the exact same thing with LHSP Tsuyoshi Wada two years ago, releasing him before the retention bonus and opt-out kicked-in, and then re-signing him to a new pre-arranged minor league contract the very next day.
It's a bit like when a player is non-tendered on 12/2 and then is subsequently re-signed to a minor league contract for a lot less money (as happened with TJS rehabber LHRP Jack Leathersich last December after the Cubs claimed him off waivers from the Mets) than what the club could (by rule) offer the player if he was tendered and remained on the club's MLB 40-man roster.
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