Valverde rejects arbitration offer. Astros gain payroll flexibility.
It’s impossible to determine how the rest of the offseason will turn out for the Astros, but Jose Valverde’s decision to reject the club’s arbitration offer is a step in the right direction. The club can still negotiate with the closer, but if it loses him to another team, it not only gains draft picks but the Astros will also have a little bit of extra payroll to perhaps fortify their club in other areas.
The Astros will receive a first-round draft pick and a compensation pick between the first and second rounds if Valverde signs with a team selecting 16 through 30 in the draft. Houston will receive a compensation pick between the first and second rounds of the draft along with a second-round pick if Valverde signs with a team selecting in the first 15 picks of the draft.
Read McTaggart’s full rundown of the Valverde saga here.