Dec 4, 2011, 9:40 PM EST
9:40 p.m. EST update: ESPN’s Buster Olney says the Marlins and Reyes have a deal, and FOXSports.com’s Ken Rosenthal reports it’s for $106 million over six years and that there is not a no-trade clause included.
9:00 p.m. EST update: Ken Rosenthal of FOXSports.com’s reports that the Marlins and Reyes are close to terms on a six-year deal believed to be worth $110 million.
8:00 p.m. EST update: The Mets are out of the bidding for Reyes, according to Newsday’s David Lennon and others. The Marlins are in the driver’s seat with a bid that multiple sources have stated tops $100 million.
Now that’s more like it.
According to Enrique Rojas of ESPN Deportes, the Marlins have upped their six-year offer to Jose Reyes from $90 million to $111 million.
The deal would pay Reyes a cool $17.67 million annually for six years and includes a $22 million option with a $5 million buyout for 2018.
The Marlins are the only team known to have offered Reyes a contract, though it’s believed the Mets would be willing to go to around $16 million per year to keep him. $111 million may well get a deal done, assuming that the offer is for real and doesn’t include a bundle of deferred money.
Detroit and Milwaukee are a couple of the other teams known to have checked in on Reyes.
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