|The Braves offered arbitration to Type A free agent righthander Rafael Soriano, thinking he would decline, because they wanted to recoup two draft picks if he signed with another team. But with his market value diminished because a signing team would have to surrender a top draft pick, Soriano decided to take the Braves up on their arbitration offer instead. But because Atlanta already had made financial outlays to veteran relievers Billy Wagner and Takashi Saito this offseason, they decided to trade Soriano (and his new salary) to the Rays.
The Rays agreed to send Jesse Chavez, a righthanded reliever who already had been traded once this offseason, to the Braves. Tampa Bay agreed to a $7.25 million pact for 2010, avoiding arbitration. Effectively, the Rays have signed Soriano to a one-year free agent deal, while the Braves have received Chavez instead of the two draft picks they had anticipated.
|For more on Jesse Chavez, please refer to the Pirates-Rays trade from Nov. 3.|
|Rafael Soriano, rhp
Age: 29. Remaining Commitment: 1 year, $7.25 million.
Contract details courtesy of Cot's Baseball Contracts.