Found December 12, 2011 on Pirates Prospects:
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The deadline to tender offers to arbitration eligible players is at midnight tonight. The Pittsburgh Pirates have eight players who are eligible for arbitration. Here is a rundown of what to expect by the end of the night, along with projected arbitration values, as projected by MLB Trade Rumors. Joel Hanrahan – $4,000,000 Hanrahan is a lock to be tendered. He’s a huge value for his production out of the closer role, priced at almost $5 M less than what he might get on the open market. Jeff Karstens – $2,800,000 You have to tender Karstens after the season he had in 2011. Maybe it wasn’t fully legit, and he’s probably due for a regression from his 3.38 ERA.  His advanced metrics suggested he won’t see a huge decline, with a 4.00 xFIP. That would be worth $2.8 M. Jose Veras – $2,500,000 Of all of the relievers the Pirates have, Veras is the guy I see them non-tendering.  The only way I see him sticking around is through a deal before the deadline tomorrow. Otherwise it would be a was...
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