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You can offer it and then still offer a contract. Web players eligible for salary arbitration and their teams must either settle on a contract for 2021 (or agree to a multiyear deal) by 1 p.m. Et today, or exchange salary figures for the upcoming season. Who's eligible, and for how many years? Web contract renewal | glossary | mlb.com. Arbitration is something you will have to deal with on every player once they meet the minimum years of service. Web doing this will maximize your time with that player for the least amount of money. But arbitration is not a bad thing. And while teams and players can still negotiate up until their. Web rnw stands for renewable contract. Web what is arbitration, and how does it work in baseball? You have questions, boardroom has answers.