Tonight marks the deadline for teams to tender contracts to players who are eligible for arbitration. This evening should also see a handful of arb-eligible players agree to terms with their clubs to avoid a hearing.
These so-called “pre-tender deals” usually, although not always, involve players who were borderline non-tender candidates. Rather than run the risk of being cut loose, they can look to sign in the lead-up to the deadline. Those salaries often come in a little below projections, since these players tend to have less leverage because of the uncertainty about whether they’ll be offered a contract at all.
Under the 2022 collective bargaining agreement, players who sign to avoid an arbitration hearing are guaranteed full termination pay. That’s a change from prior CBAs, when teams could release an arb-eligible player before the season began and would only owe a prorated portion of the contract. This was done to incentivize teams and players to get deals done without going to a hearing.
All salary projections referenced are courtesy of MLBTR contributor Matt Swartz. This post will be updated throughout the night as deals are reported.
The Giants have a deal with outfielder Austin Slater for $4MM, reports Craig Mish of SportsGrid (X link). That’s a little north of his $3.6MM projected salary. Slater has over five years of service time and will be a free agent next offseason. The right-handed hitter is coming off a .270/.348/.400 showing over 89 games. He’s a career .285/.374/.463 batter against left-handed pitching but owns a .227/.314/.333 mark versus righties.