Yesterday was the deadline for teams to offer arbitration to their ranking free agents, and 35 players received arbitration offers, which means there will be at most, 35 compensation picks.  Players have until next Tuesday (November 30th) at midnight to accept or decline those arbitration offers, and any player that does decline an arbitration offer nets his former team compensation picks (assuming he signs a major league deal with a new team).

The first round of the 2011 draft has 33 picks.  There will be 35 additional compensation picks, at most, since 35 players were offered arbitration.  Keep in mind that Type A players net their former team two compensation picks, but one of those picks is already accounted for, as the former team would take the signing team's existing first or sec...

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