Tek, Byrd offered arbitration
Jason Varitek and Paul Byrd were offered arbitration in advance of the midnight deadline. Varitek, a Type A free agent, will fetch two draft picks (first round and supplementary first round, unless the first rounder is in the top 15; then it will be the second round pick of the signing team) if he signs elsewhere. Peter Gammons believes there is a chance Varitek accepts.
Byrd is a Type B, which will be a supplemental round pick. There's no harm in Byrd accepting as it would put Masterson in the bullpen, give us a deep bullpen and depth in the rotation. It won't preclude any team from signing him as there are no draft picks for them to lose.