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Old 12-01-2008, 08:16 PM
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Deadline for Reds comes Monday | reds.com: News

Team can offer arbitration to Weathers for compensation

By Mark Sheldon / MLB.com

Quote:
The Reds have their first deadline closing in their dealings with their own free agents.

On Monday, teams must decide whether to offer their free agents arbitration. If receiving the offer by midnight ET, players would have until next Sunday to accept or decline.
If a player accepts, he is automatically retained by his team for one more year at a salary to be determined by an arbiter. The deadline is especially critical for Type-A or Type-B free agents and any clubs interested in signing them. If those players are offered arbitration, their former teams would receive compensation Draft picks in return if they sign elsewhere.

Cont..

Reliever David Weathers is the only one of the Reds' remaining free agents for whom they can receive compensation for signing elsewhere. (AP)
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