[Benihana]

My point is that I think both Cordero and Ramon would still have trade value if they accepted arbitration- even at their higher prices. Cordero on a one year deal has value unless he's making over $15MM. I think the fact that K-Rod is reportedly drawing interest on the trade market proves that. Plus, to Kc's point, I think the Reds could do worse than to have Cordero close games for one more season (although I doubt he'd accept arb, and would be willing to trade him if he did).

I agree that Ramon would be more likely to accept arb than Cordero, but I still think he would carry trade value because good catchers are hard to come by.

To say it another way, I would offer arb to both of them in order to get the draft pick compensation, and would feel confident that either could still be traded if they accept. I would not plan on either being on the team next year, despite my wish to offer them arb.