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Mets' offer for Bay is heavily backloaded

Dec 12, 2009, 11:42 AM EDT

According to a team source, the Mets’ four-year, $63 million offer to Jason Bay is heavily backloaded, reports Bart Hubbach of the New York Post. The contract is worth roughly $10 million in the first season, increasing to near $20 million in the final year.

Backloaded deals are nothing new for the Mets, as Carlos Beltran signed a similar deal in January of 2005:

2005: $10 million, 2006: $12
million, 2007: $12 million, 2008: $18.5 million, 2009: $18.5 million,
2010: $18.5 million, 2011: $18.5 million

The Red Sox, who reportedly offered
a four-year, $60 million contract to Bay, have resisted adding a fifth
year, but the Mets could probably land him should they kick in another
year around $20 million.

  1. Old Gator - Dec 12, 2009 at 5:13 PM

    I love the fearful symmetry of backloaded contracts. It’s just when the nausea of his mijudgement begins to dawn on your general manager a year or two later that the strain of the ballplayer’s salary really begions to take its toll on the organizational budget. Then you wind up paying half to two thirds of your boner for the guy to finish up his deal with someone else. It’s like an employment contract ponzi scheme, a horrible horsemeat and velveeta sandwich that goes right to the heart of your accounting procedures. Like a game of Russian roulette where you fire the bullet and then come back to years later so it can bury itself in your skull. Dear Buddha, don’t these suits pay attention to what happens on other teams when these things tank?

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