Oct 16, 2010, 1:16 PM EDT
UPDATE: The Mets confirmed to Steve Popper of the Bergen Record that Monday’s hearing with Francisco Rodriguez has been canceled and that the two sides are nearing a settlement.
10:50 AM: According to Dan Martin and Joel Sherman of the New York Post, the Mets and Francisco Rodriguez are close to a negotiated settlement and may avoid Monday’s scheduled arbitration hearing.
According to the report, there is “belief between the parties” that an agreement could be announced by a soon as Monday or Tuesday.
A settlement likely means that the Mets will not be able to avoid paying the remainder of Rodriguez’s contract, which includes $11.5 million next season and a $17.5 million vesting option for 2012. As we’ve said all along, the most realistic scenario is that the team would be able to recoup some or all of the salary from the time K-Rod missed due to his thumb injury.
In other words, barring picking up a significant portion of his salary in a trade — or jail time, which will likely be avoided with a plea agreement — Rodriguez will be back with the Mets next season.
- Settling the Score: Friday’s results 35
- Josh Hamilton’s teammates say he’s in great shape and ready to play 21
- Mike Trout hit his 100th career home run to become the youngest member of the 100 HR/100 SB club 22
- Make that two: Alex Rodriguez hits second homer of the night, giving him 658 for his career 41
- Alex Rodriguez hit his 657th career home run 48
- Let’s all just stare at Kris Bryant’s numbers for a while 28
- And That Happened: Thursday’s scores and highlights 39
- The wait is over: The Cubs are calling up top prospect Kris Bryant on Friday 99
- The Commissioner’s Office thinks that the Angels could indeed go after Josh Hamilton under his contract (153)
- “Why Ted Cruz is like the Atlanta Braves” (150)
- “We no longer need the terrorists. We’re now so good at terrorizing ourselves.” (143)
- Another argument in favor of making the DH universal (127)
- When it comes to Josh Hamilton, Arte Moreno is a craven opportunist, not a “smart businessman” (116)