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Media & Entertainment Law
: Sports Law BlogLincecum Asks for $13,000,000
By Rick Karcher, Michael McCann, Geoffrey Rapp, Greg Skidmore, and Howard Wasserman
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Today was the exchange number day for salary arbitration-eligible players and their teams. As expected, Tim Lincecum asked for a record amount ($13,000,000). The Giants countered with $8,000,000 leaving a midpoint of $10,500,000. As is always the case in the final hours and minutes before the exchange deadline, a significant number of deals were completed. Last Friday, 128 players filed for arbitration. That is the largest number in more than one decade. When the dust settled today, a total of 46 exchanged numbers. I was a bit surprised that so many deals got completed because through Monday evening I had seen modest activity. I will be providing some more information after I have tracked down all the pre-exchange deals.Full post as published by Sports Law Blog on January 19, 2010 (boomark / email).
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