Final Terms of Santana's Contract

Here are the terms of Santana's record setting deal with the Mets.

(*) The Mets ripped up Santana’s original contract. So it no longer matters that the Twins owed Santana $13.25 million for 2008.

(*) Santana got a six-year deal with an option for 2014. The terms:

2008: $19 million

2009: $20 million

2010: $21 million

2011: $22.5 million

2012: $24 million

2013: $25.5 million

2014 (option): $25 million, with a $5.5 million buyout.

Note: It’s a vesting option that can be triggered with innings pitched or a high finish in the Cy Young voting. Santana also received a full no-trade clause. The average annual value of Santana’s six-year deal is actually $22 million. Only Alex Rodriguez (at $27.5 million) will make more.