The deadline for teams to offer arbitration to their free agents was 12:00 P.M. Eastern Time yesterday. You can read all about free agent compensation here, see how the Elias ranking work here, and see those rankings here. Thanks to MLB Trade Rumors for all of these links. Below are players offered and not offered arbitration that I deemed questionable. Ignore the bolded posts; I can’t find a way to get rid of the.

• D’Backs don’t offer arb. to Adam Dunn. This was the dumbest decision of them all. Not to offer Dunn arbitration for fear he would accept is just plain sily. There would have been a 98% chance that he declines to sign for multiple years elsewhere, netting the D’Backs two picks. Even if for some reason he did accept the offer of arbitration, he would be a great trade chip. Dunn on a 1 year, 15 million dollar deal would bring back a lot in return. This makes zero sense to me and proves how cheap the D’Backs are.
• Phillies don’t offer arb. to Pat Burrell. It’s like the same thing as with Dunn. These guys are great players; they deserve an offer of arbitration. I know that the Phils don’t have much money to spend, but Burrell on a cheap 1 year deal would be a great piece to their team. They could either let Jamie Moyer go and keep Burrell, or even if they really wanted to not be stuck with Burrell, they could have just traded him. Like Dunn, he would make a lot of sense for a lot of teams for a year. This one does’t make much sense either.
• Yankees don’t offer arb. to Bobby Abreu.  I find this surprising, because I know for a fact that Abreu would’ve declined and signed elsewhere on a multi-year contract. There was no way he was coming back to New York, and even if he did, he would be solid trade chip. I’m not understanding their logic on this one.
• Cubs don’t offer arb. to Kerry Wood. This was just flat out dumb. First of all, what were the chance that Wood would actually accept an offer of arbitration? I’d say around 20%. We all know that he deeply wants to stay with the Cubs, but I doubt he would sacrifice a possible 15-20 million to stick in Chicago. If Woody did accept, they could always just trade him. His salary would be moveable, and they could even get a decent prospect back. To me, this was just utter stupidness.
• Phillies don’t offer arb. to Jamie Moyer. I have no idea why Moyer didn’t get an offer. Wouldn’t the Phils like Jamie back on a 1 year deal at market price? Isn’t that what they are trying to get done this offseason; resign Moyer. I know that he stood a good chance of accepting, but I don’t think that would be a bad thing. At least you know you can get a pick if he does leave for whatever reason. Ruben Amaro has not had a very good start to his general managing career if you ask me.
• Astros don’t offer arb. to Randy Wolf. Remember when the Astros were supposedly the frontrunners for Ben Sheets? Now they can’t even afford Randy Wolf on a 1 year deal. I didn’t know that their payroll was this tight. Like a lot of other players on this list, he would have been very easy to trade had he accepted. Also, wasn’t this the reason for trading for Wolf, so that they could get a sandwich pick for some AAAA reliever? I think that trade is looking even worse now because the ‘Stros had to know at the time of the trade that they couldn’t afford to offer arb. to Wolf or to resign him. The Astros are one of the worst run franchises in all of baseball.
• Dodgers don’t offer arb. to Joe Beimel. This guy made only 2 million last year, and stands a great chance at nabbing at least a two year deal on the open market. I don’t see why the Dodgers wouldn’t offer to him. Beilmel would be a bargain on a 1 year deal, so he is a tradeable asset if the Dodgers truly didn’t want him.
• Cardinals don’t offer arb. to Braden Looper. He would be a great bargain on a one year deal, and is said to be looking for 3 years, making it likely he declines. Looper would’ve provided great depth to their rotation if they wanted him. Even if the Cards didn’t want him, he would be very easy to trade. This was a dumb decision and it will cost the Cards a sandwich pick.
• Cardinals don’t offer arb. to Russ Springer. I though they wanted him back. A 1 year deal at market value would be a good signing for them. I know that they knew he would accept, but that’s a good thing. Well, at least I think so.
• Mets don’t offer arb. to Luis Ayala. I know he was completely terrible last year, but he was solid in his stint with the Mets and has had a great track record his entire career. (except for last year, of course) He made only 1.7 million last year, and would be a solid signing for a year at about 2.5 million. If he declined, they would have gotten a draft pick for him.   

As you can see there were a lot of teams that I felt made a mistake by not offering a key player arbitration. It looks like the economy is hurting everyone.