Thursday, December 13, 2012

Details of David Wright's New Contract Extension


Below are the details of David Wright’s new eight-year, $138-million contract:

Salaries:
2013: $11 million
2014: $20 million
2015: $20 million
2016: $20 million
2017: $20 million
2018: $20 million
2019: $15 million
2020: $12 million

Wright will defer $3 million without interest in 2013, then $2.5 million per year from 2014-2018.

The $15.5 million in deferred money owed by the Mets to David Wright in the third baseman's new contract will be paid in equal installments from 2021 through 2025.

Wright will receive $3.1 million per year during that five-year span. His eight-year deal expires in 2020.

Wright agreed to defer the money without interest. 


Incentives:

  • $500,000 for MVP award
  • $200,000 for placing second through fifth in MVP voting
  • $1 million for second-time MVP
  • $1.5 million for third-time MVP
  • $100,000 for each All-Star selection, plus an additional $100,000 for leading the voting
  • $100,000 for The Sporting News/Baseball America/Associated Press Most Valuable Player or Player of the Year
  • $150,000 for Division Series MVP; $150,000 for League Championship Series MVP; $250,000 for World Series MVP
  • $100,000 for Silver Slugger
  • $100,000 for Gold Glove
  • $100,000 for Hank Aaron Award.
Charity
Wright will donate to Mets charity: $110,000 in 2013, $200,000 per year from 2014-2018, $150,000 in 2019 and $120,000 in 2020.

Perks
Suite on road.
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