Every winter, teams exchange figures with their arbitration-eligible players. Then almost nothing gets done officially for weeks, until 48 hours before the deadline for players and arbitration-eligibles to agree to a figure and avoid a hearing. Several clubs refer to that final day as “Frantic Friday.”
Baseball front offices don’t agree on much, but most agree on one thing: A lot more gets done on a deadline. With the notable exception of Mariners GM Jerry Dipoto, who regularly treats November and every offseason month thereafter like its own trade deadline (I love transactions,” he glibly said last month at the GM meetings), baseball’s frenzy of deals this past week has been both wholly uncharacteristic and incredibly entertaining. With the Collective Bargaining Agreement set to expire on Dec. 1 at 11:59 p.m. ET, an unofficial deadline for player transactions was put in place. And pandemonium ensued, resulting in more than 40 big-league November signings for approximately $1.6 billion (per FanGraphs Jon Becker) as of early Wednesday morning. The chaos reached a fever pitch this week after
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