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CHICAGO (TICKER) —The Chicago Cubs on Monday agreed to terms with reliever Kevin Gregg on a one-year contract, avoiding salary arbitration.

Financial terms were not disclosed.

Acquired in an offseason trade from the Florida Marlins, Gregg went 7-8 with 29 saves and 3.41 ERA in 72 appearances in 2008. He tied for the National League lead in relief wins and ranked eighth in saves.

Gregg, who likely will be used in a setup role with the Cubs, is 18-21 with 62 saves and a 4.00 ERA in 271 career appearances.

about 3 years ago 1492115996_a0c25a6dbf_tiny tony412 10 comments 0 recs  | 

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MLBTR has his contract as 4.2 million.

Anyone know how arbitration works? How is it that Gregg gets awarded a 4.2 million dollar deal but Felix Hernandez, surely the better pitcher, gets 3.8 million. Who makes these decisions?

by dakoose on Jan 19, 2009 10:21 AM CST reply actions  

Gregg didn't get "awarded" anything.

This was done in negotiations with Jim Hendry. No arbitrator was involved. Don’t know if Hernandez’ deal was negotiated or arbitrated.

"That's my opinion and if you don't like it, well, I have others." ~ Groucho Marx

by Al Yellon on Jan 19, 2009 10:29 AM CST up reply actions  

Not necessarily.

See below for the explanation on how arb works.

"That's my opinion and if you don't like it, well, I have others." ~ Groucho Marx

by Al Yellon on Jan 19, 2009 11:01 AM CST up reply actions  

Arb

If I am correct, both sides submit a dollar amount, and then it is on from there, with the two sides ripping into each other, the team trying to explain why the player is not good enough to be paid, the player explaining how the team is horrible without his awesomeness.

"I like coconuts, you can break them open and they smell like ladies lying in the sun" Widespread Panic

by Cubbie-Tim on Jan 19, 2009 10:34 AM CST reply actions  

The arbitrator...

… cannot split the difference between the player’s amount and team’s amount. He must choose one or the other.

"That's my opinion and if you don't like it, well, I have others." ~ Groucho Marx

by Al Yellon on Jan 19, 2009 11:01 AM CST up reply actions  

I didnt say they split it

but both sides do submit a salary amount, and it goes from there.

"I like coconuts, you can break them open and they smell like ladies lying in the sun" Widespread Panic

by Cubbie-Tim on Jan 19, 2009 11:43 AM CST reply actions  

Goes from $2.5M to $4.2M with 30 saves

this is a contract right on for a top set up pitcher, next year he is a FA.

He will have a good year

Piniella: "This is a tougher job than I thought it would be, I'm going to be honest with you."

by Ivy Walls on Jan 19, 2009 2:54 PM CST reply actions  

Yep

I’m in the apparent minority around here because I think Gregg is going to have a solid year for the Cubs. And I could care less if he leaves via free agency next winter. Teams are always trying to catch lightning in a bottle with set-up men. We got two good years out of Howry, but the third year was a dud. That is about what to expect. Hence why I’m not inclined to offer up a three or four year contract to anybody except to Carlos Marmol.

Here is hoping that Marmol is up to the challenge of being closer. I think he is but we shall see.

by BLou on Jan 20, 2009 9:14 AM CST up reply actions  

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