Ian Kennedy Rejects Padres Qualifying Offer
It was thought be some that the San Diego Padres would rather see Ian Kennedy move on, and if that is the case they got there wish. Ken Rosenthal of Fox Sports reports that Ian Kennedy has rejected the Padres qualifying offer and will enter the free agent market.
Source: Kennedy REJECTING qualifying offer. Will remain free agent.
— Ken Rosenthal (@Ken_Rosenthal) November 13, 2015
Ian Kennedy may have some trouble in the 2015-16 Free Agent market. It is a market deep with starting pitching and he is coming off a down year. In 2015 he had a 4.28 era in 168.1 innings pitched.
What he will likely get, however, is a multi-year deal. In our discussion of Matt Wieters we talked about how his accepting the Orioles qualifying offer is a bit of a risk given his injury history. Ian Kennedy seems to understand that risk, but may struggle to capture the $15.8 million he would have received in 2016 should he have accepted the Padres qualifying offer.
The Padres are probably happy to be able to spend this money elsewhere. They will also receive draft pick compensation if Ian Kennedy signs elsewhere. The Padres were “the winners of the offseason” in 2014-15 when they brought in Justin Upton, Matt Kemp, James Shields, and Craig Kimbrel. Unfortunately, they failed to perform even with these additions. The Padres may use a different strategy in 2015-16. They also shouldn’t have trouble filling out their rotation in this years free agent pitcher market.
We have Ian Kennedy with the Padres again in 2016. The chances of this have diminished, but they may negotiate a long term deal at the right price.