It’s that time of year again! This past Friday was the filing deadline for arbitration-eligible player contract offers. Once these numbers are published, I like to create a data visualization showing the difference between the team and player contract filings. (See the 2016 version here.) If you are unfamiliar with the arbitration process here’s the quick explanation from last year:
Teams and players file salary figures for one-year contracts, then an arbitration panel awards the player either with the contract offered by the team or the contract for which the player filed. More details of the arbitration process can be found here. Most players will sign a contract before numbers are exchanged or before the hearing, so only a handful of players actually go through the entire arbitration process each year.
The compiled team and player contract-filings data used in the graph can be found at MLB Trade Rumors.
Three colored dots represent a different type of signing: yellow represents a mutually-agreed contract signed to avoid arbitration, red represents the award of the team’s offer in arbitration, and blue represents the award of the player’s offer. A gray line represents the difference in player and team filings. Only players with whom teams exchanged numbers on January 13, 2017 will have grey lines. These can be filtered by clicking the “Filed” button.
The “Signed” button filters out players who have signed a contract for 2017; this will change as arbitration hearings occur. Finally, “All” includes every player represented in the graph. This year Jake Arrieta and Bryce Harper had the two largest contracts ($15.367M and $13.625M, respectively), but they both signed contracts before the filing deadline. This causes changes on the x-axis scale on the “Signed” and “All” tabs compared to the “Filed” tab, which is scaled to contracts under $10M.
The chart is sorted either by contract value or by the midpoint of the arbitration filings. The midpoint is the average of the two contracts and determines which contract the arbitrator awards based on his assessment of the relevant player’s value. The final contract value takes precedent over the midpoint since this represents the resolved value. Contract extension details will be written out over the data points. For our purposes, an extension is a multiyear deal that can’t be shown on the graph, since we are looking only single-year contracts for 2017.
I will be updating this graphic as players sign and hearings occur from now through February.
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