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Year-by-year breakdown of Jon Niese’s new contract

Apr 5, 2012, 11:19 AM EDT

Jon Niese Reuters

Adam Rubin of ESPN New York has the year-by-year details of Jon Niese‘s new $25.5 million contract with the Mets, which will apparently become official Saturday:

2012: $1.0195 million ($769,500 salary plus $250,000 signing bonus)
2013: $3 million
2014: $5 million
2015: $7 million
2016: $9 million
2017: $10 million option or $500,000 buyout
2018: $10.5 million option or $500,000 buyout

Niese is guaranteed at least $25.5195 million for five years and the deal is worth as much as $45.5195 million for seven years, at which point he’d be a 32-year-old free agent for 2019.

So far Niese has been a solid mid-rotation starter, albeit one who’s yet to throw even 175 innings in a season. If reasonably healthy it’s tough to imagine the Mets regretting the contract too much and if Niese takes the step forward his secondary numbers suggest is possible they’ll get a nice bargain.

  1. dondada10 - Apr 5, 2012 at 11:27 AM

    I like this deal for two reasons:

    1. If healthy, Niese should easily live up to the contract. His advanced stats are much better than his ERA would suggest. His xFIP, for example, was 3.28. That has him in very good company.

    2. The move coincides with the Wilpons settling some of their lawsuits and debts. It shows that they’re going to be willing to spend moving forward.

  2. phukyouk - Apr 5, 2012 at 12:13 PM

    you know how many nose jobs you can get with 45 mil…..

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