11/5/09

Mets Hot Stove: Updated Salary Savings/Putz Move

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The Mets 2009-2010 Off-Season:


End of season: Released: OF Wily Mo Pena ($400k), IF Ramon Martinez ($750k), and signed RP Jack Egbert ($400k)… savings: $750,000.00

10-7: Mets acquired first baseman Eddie Lora (minimum minor league contract) and outfielder Chris Carter ($400K) for Billy Wagner ($10.5mil) – savings: $10,100,000.00

10-11: Mets grant free agency to: RP Jon Switzersavings: $475,000.00

10-11: Mets grant free agency to P Connor Robinsonsavings: $450,000

10-19: The Mets release RP Ken Takahashi. Savings: Takahashi had an incentive based minor league contract that could earn him up ti 1.5mil a year. I assume he earned it in 2009, since he pitched so well: savings: $1,500,000.00

11-5: the Mets have told J.J. Putz that they do not intend to pick up his 2010 option and will buy him out instead for $1 million. Putz's option would have been for $9.1 million. Savings: $8,100,000.00

Total savings so far: $21,375,000.00

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