Cordero now Type B free agent
A release from Major League Baseball:
As a result of the collective bargaining process, the Commissioner’s Office and the Players Association have agreed to modify free agent draft pick compensation for a select group of Type A free agents. Only the following Players are affected by this agreement.
Five Type A Players will be treated as Type B players. The clubs will not have to offer arbitration to the new Type B players to receive compensation. Those players are:
• Matt Capps
• Francisco Cordero
• Octavio Dotel
• Ramon Hernandez
• Darren Oliver
This could increase the chances that both Cordero and Hernandez do not return to the Reds. They no longer have to offer arbitration to get compensation with the possiblity that the player accepts. That is a big benefit to the Reds. And clubs that might want to sign Cordero or Hernandez no longer have to relinquish a first-round pick as compensation, which might make them more attractive to sign.