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The Arbitration Dilemma

By midnight tonight, the Phillies must issue offers for arbitration to their free agents. The dilemma is whether they'll wind up with a "Millwood Scenario" that they're not prepared to pay for.

This is where it gets interesting. Teams have stayed away from top free agents thus far, because of the possibility that they may be able to get a player tomorrow and lose no draft picks, rather than signing the same player today and losing a first-round pick. It's the annual arbitration dilemma. If a team offers their Type-A free agent arbitration, the compensation required to sign that player...

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