Monday, February 4, 2008
The Impact of Santana
In a recent article for mlb.com, Marty Noble examines the new look New York Mets. In the article Noble breaks down the projected lineup and rotation of the 2008 New York Mets. He also examines the players the Mets have added and removed during this off-season. Be sure to check out the article by clicking here.
Sunday, February 3, 2008
Mets Avoid Arbitration with Feliciano
The New York Mets and LHP Pedro Feliciano avoided arbitration by agreeing to a one-year, $1.025 million contract.
Mets Settle Arbitration Case with Sosa
The New York Mets settled their salary arbitration case with RHP Jorge Sosa, agreeing to pay him $2 million for the 2008 season. Sosa had been seeking $2.75 million.
Saturday, February 2, 2008
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.
(*) 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.
Mets, Santana Finalize Contract
Yesterday at 6:30pm ET the New York Mets and representatives of Johan Santana agreed to a record contract. People familiar with the terms of the agreement said Santana will be under contract beginning this year and through 2013, that an option exists for 2014, and that he will be guaranteed $137.5 million. Santana is scheduled to take a physical today. If he passes, it will complete one of the most significant trades/signings in Mets history.
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