11/30/09

Mets Sign Cora - Savings Down to $44mil

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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 Switzer – savings: $475,000.00

10-11: Mets grant free agency to P Connor Robinson – savings: $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

11-6: 1B Carlos Delgado filed for free agency. Savings: $12,000,000.00.

11-6: C Brian Scneider filed for free agency. Savings: $4,900,000.00

11-6: IF Alex Cora filed for free agency. Savings: $2,000,000.00

11-6: The Mets exercized their option on SP Mike Pelfry, for $500,000.00. Last year, due to his original contract, he earned $2,900,000.00. Savings: $2,400,000.00

11-9: OF Gary Sheffield filed for free agency. – Savings: $400,000.00

11-10: P Elmer Dessens released – savings: $600,000.00

11-16: Passing on resigning OF Fernando Tatis at option rate… savings: $1,700,000

11-16: 16 AAA/AA players file for free agency… 13 are minimal salaries that will be offset by additional minor leaguers at same rate… three had individual contracts: IF Wilson Valdez (381K), C Robinson Cano (408K), and P Carlos Muniz (402K) – savings: $1,191,000

11-30: Mets sign Alex Cora – spending: $2,000,000

Total savings so far: $44,566,000.00

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