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.
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