Showing posts with label Contract Extension. Show all posts
Showing posts with label Contract Extension. Show all posts

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:

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. 

Friday, November 30, 2012

Evidence of David Wright's Value


• Wright’s first full season in the majors was 2005. Since that point, he’s clearly been among the elite third basemen in baseball.

David Wright, Since 2005, MLB Rank among 3B
BA .301 2nd
HR 190 4th
RBI 778 2nd
2B 305 1st
XBH 513 1st

• Wright has always had a dynamic blend of power, speed and ability to get on base. In fact, perhaps no third basemen in the Live Ball Era has demonstrated his broad base of skills over such a long period of time.

Most Seasons of 20 HR, 15 SB and .350 OBP
Third Basemen in Live Ball Era (Since 1920)

David Wright 6<<
Alex Rodriguez 5
Mike Schmidt 4
Chipper Jones 3
Toby Harrah 3
>>2005-08, 2010, 2012

• Wright had a renaissance season in many ways in 2012, producing his best season statistically since 2008. As measured by Wins Above Replacement (WAR), Wright was the fourth-most valuable position player in the National League in 2012.

Most Wins Above Replacement
2012 NL Position Players

Buster Posey 7.2
Andrew McCutchen 7.0
Ryan Braun 6.8
David Wright 6.7<<
Yadier Molina 6.7
>>Best season by WAR since 2008 (6.7)

David Wright Reaches Extension Agreement with Mets

According to the US Today,  the club finalized a $138 million contract extension with their third baseman David Wright and all-time hits leader that will keep him in Flushing for the next eight years.

Monday, May 14, 2012

Mets are quietly preparing a Long -Term Contract Offer for David Wright

According to the NY Post, The Mets are quietly preparing to offer third baseman David Wright a long-term contract extension at some point later this year — perhaps as soon as this summer — according to a baseball official briefed on the Mets’ thinking.

The Mets hold a $16 million option to retain Wright for 2013, so there is no urgency for them to begin discussing an extension with his representatives. But they are likely to do so before next winter, the official said, because if they cannot reach an agreement, the Mets would have to consider trading him in the offseason.

General manager Sandy Alderson is still assessing Wright’s long-term value, and no decision has been made on either the terms or the timing of any offer. But it has become increasingly likely that Wright, 29, will remain a Met for years to come.

Alderson declined to comment on any potential contract negotiations Sunday. But he all but ruled out trading Wright this summer.

“I certainly do not foresee, under any circumstances, David being a topic of discussion at the trade deadline,” Alderson said.

After going 1 for 3 in Sunday’s 8-4 loss to the Marlins, Wright leads the National League in both batting average (.400) and on-base percentage (.489).

Sunday, September 18, 2011

Mets retain LHP Tim Byrdak for 2012

The Mets retained LHP Tim Byrdak today, signing the 37-year-old Byrdak to a one-year extension.

Byrdak, who signed a minor league deal in January after being let go by the Astros two months earlier, has a 2.95 ERA in 68 appearances this season. A true specialist, he’s thrown only 36 2/3 innings. Lefties, though, have his just .202 against him, and he has a 1.50 ERA in 24 innings since June 1.

The value of the deal wasn’t announced, but it’s safe to say it’s somewhere in the $1.2 million-$1.5 million range. Byrdak made $1.6 million last year with Houston, and he’s earned $900,000 with the Mets this season.

Friday, September 16, 2011

Mets will NOT wait around for Jose Reyes decision

According to Jayson Stark of ESPN, the buzz coming out of Flushing is that the Mets have very little interest in waiting around this winter for Jose Reyes to decide whether to stay or bolt.

One source who's tight with the Mets brass tells ESPN they're "either going to be in or out real quick."

The Mets' baseball people haven't met yet to lay out their offseason game plan. But if Reyes' preference is to test the market, collect offers and then ask the Mets to counter, there are indications that the Mets don't want to play by that script.

And Reyes' lackluster second half (.277/.316/.378, with only six stolen-base ATTEMPTS) only figures to reinforce their reluctance to do anything crazy right out of the chute to keep him from exploring the market.

Monday, July 04, 2011

NY Post: Alderson considers making Reyes offer he can't refuse

Mets General Manager Sandy Alderson is now leaning strongly toward authorizing a substantial offer after the season to try to retain Reyes, a free-agent-to-be, two sources with ties to Alderson told The Post.

Even Reyes’ first 2011 injury did not seem to have dimmed Alderson’s belief that the Mets are best served working diligently to retain the All-Star shortstop.
“He may be out just one day,” Alderson said when asked if even a mild hamstring strain could influence contractual strategy with Reyes. “Before we jump to any long-term conclusions, let’s see about this injury. I will say this, most players miss a few days at some point of the season, and so in that context this is not unusual.”
Alderson has not only been swayed by the MVP-caliber play of Reyes, but also in calculating the additional worth that would come by elating the fan base if Reyes could be retained and how much it would cost to replace a switch-hitter in his prime if Reyes left.

Tuesday, June 21, 2011

Reyes Says No Talks Until After Season

Free Agent after the season, Jose Reyes, has informed the Mets front office that he does not intend to negotiate until after the season. "Right now I just don't want any distractions," Reyes said. "I just want to continue to play. We're going to have plenty of time in the offseason to make this happen." General Manager Sandy Alderson, trying to gauge Reyes' financial demands to make a more informed trading-deadline decision, called agent Peter Greenberg last week to initiate discussions. Greenberg was in Japan at the time, and met with Reyes on Monday for two hours at the shortstop's Long Island home after returning to the United States. Reyes told his agent he did not want the distraction of speaking about a contract in-season, and that sentiment was relayed to the Mets. Reyes insisted his preference is to remain a Met, and this is solely designed to maximize his concentration on the field. "Nothing changed," Reyes said. "I want to stay here. Like I've always said, I want to be a New York Met all my career."

Sunday, January 09, 2011

Mets remain patient for another starter, mull Dickey extension

In the quest to find another starter, the Mets remain patient and wait for prices to drop according to Andy Martino of the NY Daily News.

Even though the Mets have been linked to Chris Young and  Jeff Francis recently,  but team officials have reported, "nothing imminent" for any starters at this point.

The Mets have interest in Francis , but six other teams do too.  Despite the mutual interest between the team and Young, and discussions this month with Jeff Francis, the team source said Thursday, “I would be careful about attaching any specific names to us at this point (but) wouldn’t eliminate any of the names by any means.”

Friday, November 05, 2010

Mets and Takahashi are parting ways?

The NY Times is reporting that Hisanori Takahashi’s time with the Mets is over after one successful season, and he will seek another team in free agency beginning Saturday.

The Mets and Takahashi’s agent, Arn Tellem, were expected to announce later Friday that they could not come to an agreement on his contract, and the Mets will be obligated by the terms of his contract to release him.

Takahashi was asking for a multi-year contract with a value of between $4 and $6 million annually, and the Mets were willing to give him only one year. The team’s initial offer was for $1.5 million, with incentives that could allow him to earn close to $3 million.

The sides had until midnight Saturday morning to complete a deal. Without one, Takahashi becomes a free agent and, by rule, cannot re-sign with the Mets until May 15, ensuring that he will sign with another team.

Wednesday, November 03, 2010

Mets exercise option on Jose Reyes, will he stay?

Sandy Alderson was back to work on some of the contracts issues that needed to be taken care of. The Mets have announced that they will exercise their option on Jose Reyes.

Jose Reyes will be making $11 Million in 2011.. Now that the Mets have him under control for at least this year, the million dollar question has to be.....

Will the Mets keep him for the whole year and let him show you why he would deserve another contract?


Will the Mets see what they can get back for him now?

Sandy Alderson has mentioned that he appreciates home grown talent because the fan base can grow with them and form a bond, so you think he might let this one play out. If you look at baseball history most players have career years in their walk years.

But then you as a new GM has to have to look at other alternatives to shake up this organization. You might just make a couple of phone calls and see what you can get for the shortstop . If it can get you back something you would have to at least considerate it.

Let's face it the Mets have to get creative and this might be one of the roads
Mr.Alderson might just take.

I am a big Jose Reyes fan and I am opposed to trading him. I believe when healthy can be one of most dynamic players out there period and help the club win.  But the reality of a Mets fan is that a big F-bomb might be heading our way and we all could see Jose stealing our hearts away on another team.

Saturday, October 30, 2010

Mets offer 1 year deal to Takahashi

The Mets have to significantly increase their initial offer to the left-hander Hisanori Takahashi, he is almost certain to leave the team.

Takahashi wants a two- or three-year deal, but the Mets’ original incentive-laden offer was for only one guaranteed year.

But that offer was made before Sandy Alderson was named general manager, so he may have other thoughts on the issue.

The Mets have until Nov. 5 to come to an agreement, or Takahashi cannot re-sign with them under a major league contract until May 15, essentially ensuring he will sign elsewhere. Takahashi’s contract had a clause written into it that mandated the Mets had to release him either 10 days after the Mets’ season ended or Oct. 31, whichever came later.

On Thursday, the sides were granted an extension because Takahashi hired a new agent and Alderson had just come on board. Once the deadline passes, Takahashi can field offers from any of the other 29 teams.

According to the major leagues’ Rule 8 (i) (2), any player who is released by a team after midnight Aug. 31 cannot sign a major league contract with the same team until May 15 of the following year. He can sign a minor league contract, but Takahashi would almost certainly not do that. Even if he did, he still could not be called up to the major leagues until May 15.

2010 Season Stats
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