The Cubs 11 game losing streak has changed the team's view of the playoffs and off-season programs.
The remaining core and recent additions are pending free agents: Bryant, Baez, Rizzo, Pedersen. Kimbrel and Contreras have one more year of potential control.
With the CBA expiring at the end of the season, there is great uncertainty on what will happen to the free agent market and whether the FA compensation rules will change. Currenty, only those who turn down the one-year qualifying offer from their clubs will have compensation attached to them. Those offers must be made by the club within the first five full days after the World Series ends, and players then have 10 days to accept or decline the offer, during which time they can negotiate with other teams
Under the current rules, if the team that loses the free agent is a revenue-sharing recipient, based on its revenues and market size, then the selection -- if and only if the lost player signs for at least $50 million -- will be awarded a pick between the first round and Competitive Balance Round A of the 2019 MLB Draft. If the player signs for less than $50 million, the compensation pick for those teams would come after Competitive Balance Round B, which follows the second round.
The following 16 teams currently qualify for these picks: A's, Braves, Brewers, D-backs, Indians, Mariners, Marlins, Orioles, Padres, Pirates, Rays, Reds, Rockies, Royals, Tigers and Twins.
If the team that loses the player does not receive revenue sharing and did not exceed the luxury-tax salary threshold the previous season, its compensatory pick will come after Competitive Balance Round B. The value of the player's contract doesn't matter in this case. The 12 clubs that fall into this category are the Angels, Astros, Blue Jays, Cardinals, Cubs, Dodgers, Giants, Mets, Phillies, Rangers, White Sox and Yankees.
The Cubs have several options with their pending free agents:
1. Keep them through the season. Let the core group have a final swan song together. Then let me go on their merry way.
2. Keep them through the season. Then offer them a qualifying offer (last year was $17.6 million) or even arbitration. If the player rejects the QO, then potential draft compensation may attach. If rejects arbitration, then no draft comp.
3. Try to negotiate an extension with the players. We have only heard crickets this season on any extension talk. With Ricketts claiming poverty and Hoyer trading his best starter in a clear salary dump, ownership has not signaled any willingness to commit large dollars to their old players.
4. Think about trades. If you think your scouting department can pick gems in compensatory rounds (picks from 48 to 100), then waiting to draft someone could be more valuable than trading a rental player for a low minor league prospect. Trading partners this year are highly unlikely to part with any of their Top 15-20 prospects for a two month rental player. Only if two or more teams fight over player will the value rise.
5. Have a fire sale. Try to squeeze as much value as you can from your current roster. Everybody has a chance to get on the moving van. Trade deadline contenders usually want closers, starters and specialty hitters/defenders to fill in bench role. Kimbrel probably has the most trade value because he has had a solid year. Contreras is probably the second most valuable trade chip. He has one more year of control and is a top NL catcher. A team like the White Sox could use him now. Hendricks has already signed a team friendly extension so I doubt he will be moved but he has as much value as Contreras. Bryant is purely a rental who will hit the FA market. His up and down little injuries year does not help. Unless a contender loses a middle of the line up bat, market interest may be thin for KB. Baez has less market value than Bryant. He is too inconsistent at the plate and lately in the field (14 errors). He has the personality and PR appeal that could help some clubs sell tickets but not at a great trade cost. Pedersen fits into the Schwarber mode (DH more than OF) which limits thinking to AL teams.
6. Let them test the free agent market, then negotiate a new deal in the wild. It is possible to try to reel back in one of your players. The Cubs did it with pitcher Hamel. But it is rare. And the Cubs would have to dramatically change its small market mind set. Also, free agents want a chance to win now and it is clear the Cubs do not have the organizational depth to field a championship caliber contender in the next few years.
If the Cubs stumble into the All Star break, the fire sale is the most likely option. But look at the Darvish trade as the bitter cough medicine fans will have to swallow. The Cubs received nothing of value in return and only one marginal major leaguer (Davies). At the trade deadline, I would expect only Class A ball players in return for any one except maybe Kimbrel or Contreras. But even then, most teams would rather see how the new CBA financial terms will be set before parting with any of their controllable (i.e. cheap) minor league players. Teams have learned their is more value in developing and promoting their draft choices to keep them for 7 years than trading away good prospects for an illusory chance at the pennant or World Series.
If I were to guess on who will be traded I think Kimbrel, Baez and Bryant are the candidates. I think the team will keep Rizzo to the end of the year because he is still the face of their franchise and the Cub house leader. I think the strong push to eliminate the 2016 team is apparent as the championship has been an actual anchor drag on the team as the players generally did not improve and scouting and operations departments failed to draft and develop their replacements.
