Grant Balfour declines Rays arbitration offer
Grant Balfour has decided to decline the Rays arbitration offer. This is very surprising news for the Rays organization who believed he would sign the estimated $2 million dollar, 1-year deal for the Rays. Now as a free agent, Balfour will be able to sign with any team he chooses, but this may be hard. Balfour is considered a Type-A free agent which means which ever club signs Balfour, the Rays will get a 1st round pick in the draft.
Balfour is an older, middle relief pitcher that is stating he wants a multi-year deal. The Rays are probably hesitant to sign him to a multi-year deal and simply do not have the money to sign him. The market is very small right now for middle relief pitchers like Balfour with his age and price tag, but there are always teams out there that need pitching, such as Boston, Philly, among others.
I am sort of sad to see Balfour leave the Rays. He was one of the more reliable pitchers for the Rays pen staff and now the Rays will have to go out and find another arm, which may get harder and harder.