Dan Szymborski, the creator of ZiPS, took a look at the cost of the qualifying offer to free agents like Kendrys Morales and Stephen Drew. Szymborski looked at the values of draft picks based on his studies on the topic in the past, and came up with the numbers that losing a first round pick to sign a player would be the equivalent of losing about $23 M in future value.
What this means for guys like Morales and Drew is that declining the qualifying offers has basically killed their markets. Szymborski uses ZiPS projections to say what players would be worth on the open market, without compensation. He comes up with a two year, $20 M deal for Stephen Drew, and a two year, $24 M deal for Kendrys Morales. However, when you add in compensation, Drew would only be worth a two year, $3 M deal...
This content is for Pirates Prospects subscribers only. Subscribers get access to all of our daily articles on the Pirates and their minor league system, with live coverage throughout the system on a daily basis. Our lowest rates are $2.22 per month under our Top Prospect Plan, which also gets you a FREE copy of the 2016 Prospect Guide. Subscribe today to access all of our daily coverage of the Pirates' system.
If you're already a member, you can log in below. If you think you're receiving this message in error, please e-mail email@example.com.
Tim is the owner and editor in chief of Pirates Prospects. He started the site in January 2009, and turned it into his full time job during the 2011 season. Prior to starting Pirates Prospects, Tim worked with AccuScore.com, providing MLB, NHL, and NFL coverage to various national media outlets, including ESPN Insider, USA Today, Yahoo Sports, and the Wall Street Journal. He also writes the annual Prospect Guide, which is sold through the site. Tim lives in Bradenton, where he provides live coverage all year of Spring Training, mini camp, instructs, the Bradenton Marauders, and the GCL Pirates.