This week, the San Francisco Giants traded for KC Royals OF Melky Cabrera. They traded P Jonathan Sanchez and minor league pitcher Ryan Verdugo.
In essence, the Giants swapped one arbitration-eligible player for another. Cabrera does not currently have a contract, but is 22 days shy of being free-agent eligible (5 years, 148 days). Thus, Cabrera is eligible for arbitration. According to Cot's Contracts, Melky earned $1.25M in a one year deal signed with Kansas City. After a productive season, he is expected to earn more.
Sanchez has five years plus service time, also arbitration eligible, but not yet a free agent. He earned $4.8M last year and did not have a productive year.
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