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Indians extend qualifying offer to Ubaldo Jimenez

Indians extend qualifying offer to Ubaldo Jimenez
November 4, 2013
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The Cleveland Indians today announced that that have extended a one-year, $14.1 million qualifying offer to right-handed pitcher Ubaldo Jimenez for the 2014 season.

Jimenez has until November 11th at 5PM ET to accept or decline the offer.  If he accepts the offer then he would get a one year $14.1 million contract for 2014 and then become a free agent after next season. A declined offer would net the Indians an additional pick at the end of the first round of the 2014 First-Year Player Draft in the event Jimenez signs with another Major League team. He is not expected to accept it.

Also, the Indians did not extend qualifying offers to top free agents left-handed pitcher Scott Kazmir and right-handed pitcher Joe Smith. Smith was not a surprise since he is a reliever, but there was some who felt the Indians might extend one to Kazmir. The Indians felt all along that $14.1 million, even for one year, was a little risky, and ultimately they did not extend it to him. The lack of a qualifying offer for Smith and Kazmir should not have much - if any - effect with potential progress in resigning one or both of them.

User Comments

Hermie13
November 5, 2013 - 1:35 PM EST
Personally was a fan of extending him a QO. I was 100% certain he'd accept it though. $14M is too much for Kaz for 1 year but if he were to implode I'd rather overpay for 1 year than be on the hook for 2015 as well. Moot point now.


Probably looking too much into the decision...but Tribe early interest in Hudson makes me wonder if the Tribe is ready to lose Kazmir.
OB
November 4, 2013 - 7:01 PM EST
Kazmir would undeniably accept a qualifying offer. It'd kill his marketability on the free agent market. An article on FanGraphs predicted free agent contracts and Scott Kazmir was predicted to get $15 million over 2 years, so based on that it's not wise at all to make him a QO.

http://www.fangraphs.com/blogs/fangraphs-crowd-the-top-47-free-agents/
James
November 4, 2013 - 5:24 PM EST
Stupid not offering QO to Kazmir IMO. Unless you are absolutely convinced he would take it. Upside is you decrease his market value so resigning him is easier and if you don't you get another (that would make 5) 1/2 round draft picks. Downside, is $14mil 1yr an overpay? Yes, but its only 1 year. Seems to me like he would turn it down. But...
Walter
November 4, 2013 - 3:54 PM EST
Sorry for not making my point clear, in which I apologize. With both the Mets and Phillies having there picks protected, and being a big market team, they would be able to drive the price on Jimenez higher than what the Indians would be able to afford. The question I guess would the Phillies really be interested. They have large contracts in Lee, Hamels, Howard and Utley.

I do agree with thin FA market for pitchers that 1st round pick would not matter when it comes to Jimenez.
Tony
November 4, 2013 - 3:43 PM EST
I really don't believe the first round pick will matter for Jimenez. Like it didn't matter to teams who signed Upton, Soriano and others last offseason. Jimenez is a different pitcher than Lohse is....so I think any team interested in starting pitching will be in on him.
Walter
November 4, 2013 - 3:39 PM EST
I believe Jimenez is gone. I think one team that would be interested in pursuing Ubaldo would be the Phillies. There 1st round pick is protected. Not sure if the Mets would join in the bidding. Another team that has there pick protected.

Jimenez would be #3 behind Lee and Hamels.
William
November 4, 2013 - 3:24 PM EST
sounds like nitpicking here. the indians probably already know their chances of bringing kazmir back before they decided on the qualifying offer. they know where they stand before the decision and they know where they stand after it. its why it doesnt change much as far as his chances of resigning.
Hermie13
November 4, 2013 - 1:07 PM EST
Point is a QO would have prevented Kaz from even reaching free agency. The lack of one means he'll reach it and easily could leave....Kaz reaches free agency in less than 11 hours now unless something is announced/signed...
Tony
November 4, 2013 - 12:55 PM EST
Absolutely. But again, the Indians know where they stand with Kazmir right now, so hence why the QO really doesn't affect much from that regard. Plus, if he decides to go to FA, then he's prob gone anyway.
Hermie13
November 4, 2013 - 12:48 PM EST
Fair point Tony...but if some team were to swoop in with an offer much better than the Tribe's and he signs elsewhere, then the lack of a QO clearly had an effect on negotiations.
Tony
November 4, 2013 - 12:41 PM EST
Of course, the Indians and Kazmir have already been talking. They have a pretty good idea on whether he will be back or not, or whether a signing may be coming soon. That's where it probably doesn't effect much on that front. For all we know, they announce a contract extension with Kazmir tomorrow (not saying this happens).
Hermie13
November 4, 2013 - 12:35 PM EST
I disagree a bit that the lack of a QO to Kazmir won't affect any potential progress with resigning him.

The lack of a QO opens up 29 other teams to the bidding on Kaz's services. This will almost certainly have an effect on potential progress in resigning him. Tribe may still get something done but think it's 50-50 at best that he returns now.

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