Toronto To Release Olivo, Will Become Free Agent
by Jared Stegall on Nov 7, 2010 8:12 AM EST
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PrintSUNDAY 11/7: Even though he was only a Blue Jay for and hour and a half, Miguel Olivo has elected to become a free agent. Olivo will join fellow catchers Victor Martinez and A.J Pierzynski as free agent catchers who received significant playing time in 2010 and could land a multi-year deal. The Blue Jays, Dodgers, and White Sox could all be interested in Olivo this offseason.
THURSDAY 11/4: According to the Denver Post, the Colorado Rockieshave traded catcher Miguel Olivo to the Toronto Blue Jaysfor a player to be named later.
Olivo, was reportedly traded because the team could not make progress on a contract before tonight's 12:00 PM EST. deadline for teams to work out contracts exclusively with players who's contract is set to expire.
With Olivo out, the Rockies may explore the free agent market which includes Victor Martinez or explore a trade for someone like Mike Napoli from the Angels.
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They declined his option and will offer him arb
Basically a PTBNL and his 500K buyout for a potential supp. pick. I like this move for the Jays
"I thought he was going to punch me and I was totally accepting of it. I was planning a reason to thank him if he did." Brian Wilson on Buster Posey
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by Gobroks on Nov 5, 2010 12:48 AM EDT via mobile reply actions
A clever move, with risk
I like the move too – but if Olivo accepts arbitration, he’s probably going to get a fairly significant raise and then they have three catchers going into next season. If they offer arb to Buck and he accepts – then they have 4. (JC, Molina, Olivo, Buck).
Jays are kind of playing with fire with their arb decisions, but there’s obviously really high reward if all turn them down – five supplemental draft picks in a supposedly deep draft.
"Nice Goin' Jose. Forty homers, forty steals. But if I'd have known it was going to be such a damned big deal, I'd have done it three or four times." - Mickey Mantle toasting Jose Canseco
Roto Hardball / @michaelcbarr / Mariner Log
There is some risk
but if your worst case scenario involves having too much depth-that’s not a bad thing
"I thought he was going to punch me and I was totally accepting of it. I was planning a reason to thank him if he did." Brian Wilson on Buster Posey
Follow me: Twitter.com/gobroks
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