On Opt-Outs and the Value to a Team, Again
Yeah, I’m writing about opt-outs again. I know, I’ve already written about them a couple of times this winter, so I’m running the risk of beating a dead horse even further, but opt-outs continue to be a source of some controversy, especially since they’ve been handed out so commonly this winter. Last week, Rob Manfred weighed in briefly, stating that he didn’t see the value in opt-outs from the team perspective.
“The logic of opt-out clauses for the club escapes me,” Manfred told FOX Sports on Thursday night. “You make an eight-year agreement with a player. He plays well, and he opts out after three. You either pay the player again or you lose him.
“Conversely, if the player performs poorly, he doesn’t opt out and gets the benefit of the eight-year agreement. That doesn’t strike me as a very good deal. Personally, I don’t see the logic of it. But clubs do what they do.”
I didn’t write about Manfred’s comments when they were published because of the fear of the dead-horse phenomenon, and because all I’d have to add to those comments is that the logic teams are seeing is a chance to save money on long-term commitments by including opt-outs in order to reduce the total amount of guaranteed money they’re including in their offers. But Manfred knows that; he just can’t say it publicly. As commissioner, he’s limited in what he can say about player compensation, especially with a CBA negotiation upcoming, and so I figured I’d just let the comment be.
But then today, Rob Neyer wrote about Manfred’s comments, and added a few of his own. And since his point about opt-outs is the one that I most stridently disagree with, I figure it’s worth bringing this issue up one more time. First, though, Rob’s take on opt-outs.