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UPDATE: Marlins, Jose Reyes agree to six-year, $106 million deal

Dec 4, 2011, 9:40 PM EST

jose reyes getty Getty Images

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.

Analysis pieces:

Mets’ future bleak without Reyes

Marlins’ spotlight now on Hanley Ramirez

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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.

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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.

  1. winstonnilesrumfoord - Dec 5, 2011 at 1:09 PM

    “The Marlins are putting money into their payroll! The endtimes are upon us!”
    Well it will be 2012 during the next season so you might be on to something

    The Miami Mayans, perhaps?

  2. SOBEIT - Dec 5, 2011 at 1:17 PM

    “…it’s for $106 million over six years and that there is not a no-trade clause included.”

    Win lose or draw…expect a fire sale on all the high priced FA. The Marlin fans can expect them to go big and then get rid of everyone to get back under $60M/yr team payroll. If you buy a JR jersey, make sure it is the kind with the name and team logo velcroed on because they will not be with the team for too many years.

    If there is one consistent thing about Marlins baseball, it’s that the ownership cannot be trusted to build, develop and keep a team together.

    Also, I think McScrooge is just trying to outdo the Heat offseason by making the same type of huge FA acquisitions. He is so predictible.

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