According to multiple reports, the Cubs have offered salary arbitration to Aramis Ramirez and Carlos Pena. Players have until December 7 to accept or decline salary arbitration.
The Cubs did not offer salary arbitration to Kerry Wood, Reed Johnson, Ramon Ortiz, Rodrigo Lopez or John Grabow. The Cubs are expected to re-sign Kerry Wood to either a one or two-year contract and are rumored to have interest in re-signing Reed Johnson.
Aramis Ramirez is expected to decline salary arbitration. Paul Kinzer, Ramirez’s agent, recently said Ramirez would not be returning to the Cubs … that ship had sailed. At least five other teams have shown interest in Ramirez according to Bruce Levine. Ramirez wants a ring and is looking for a three-year deal with an option or a flat four-year contract. If Ramirez has a change of heart, the Cubs could be on the hook for between $17-18 million for Ramirez next season.
Carlos Pena’s agent, Scott Boras, should shop around Carlos Pena once Albert Pujols is no longer a free agent and Prince Fielder has signed his mega-contract. Pena, like Ramirez, could accept salary arbitration and the Cubs could be looking at a $12-$13 million price tag for Pena in 2012. Pena is expected to test the market and could be in line for a nice raise from the $10 million (three payments: $2 million in 2010, $3 million in 2011 and $5 million in January of 2012) the Cubs signed him for last winter.
Stay Tuned …
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