2:50pm: Sherman says the Mets floated various packages that could total $44MM over four years, but Boras and Perez preferred the shorter term at the higher salary.
1:18pm: Joel Sherman of the New York Post says the Mets and Perez have agreed to terms on a three-year, $36MM deal (no fourth-year option). Sherman says the signing "all but assures" Pedro Martinez will not be re-signed. You have to figure Ben Sheets is also out.
You know the story with Perez: only 27 years old, with a strong strikeout rate but plenty of walks and home runs allowed.
11:42am: According to Ken Rosenthal, the Mets are "moving closer" to signing free agent lefty Oliver Perez. The Mets hope for a three-year deal but a fourth-year vesting option "remains possible." Rosenthal says the Mets are "cautiously optimistic" about re-signing Perez. If Perez has another serious suitor, it hasn't been leaked to the public.