Javier Ortiz, the center fielder for the Washington Capitals, earned $2.5 million during this past baseball season. His contract was up for renegotiation and he was eligible for final offer arbitration. Ortiz had begun his negotiations by asking for $6.5 million. Management began its negotiations at $2.5 million. When the negotiations reached an impasse, Ortiz was at $4.75 million and management was at $3 million. The parties entered into final offer arbitration.
Should Ortiz’s final offer be $4.75 million or should he return to his $6.5 million offer?