Mets, Rodriguez Closing In On Settlement

The Mets and closer Francisco Rodriguez will not go to a scheduled arbitration hearing on Monday as the involved parties feel that they are nearing a settlement, according to Dan Martin and Joel Sherman of the New York Post.  There's now belief on all sides of the table that an agreement could be announced as soon as Monday or Tuesday.

It was said that a grievance hearing and subsequent arbitration process would have been rather lengthy.  Instead, the Mets, Rodriguez, the Commissioner's Office, and the Players Association have worked behind the scenes to strike a compromise. 

As it stands now, the closer is set to earn $11.5MM in 2011 with a $17.5MM vesting option ($3.5MM buyout) in 2012.  A settlement prior to arbitration likely means that the club will still be on the hook for those years.  However, the Mets may be able to recoup some or all of the cash paid to Rodriguez during the time of his injury late in the season.


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28 Comments on "Mets, Rodriguez Closing In On Settlement"


Dave_Gershman
4 years 9 months ago

I wonder what team K-Rod will play for next year. With all of the management changes, it’s hard to imagine K-Rod remaining a Met.

mikefichera
4 years 9 months ago

Pretty easy for me to imagine lol.

Tko11
4 years 9 months ago

Same here…just like Castillo

4 years 9 months ago

I guarantee that 2012 vesting option is never exercised while on the Mets.

4 years 9 months ago

It’s a vesting option, they don’t have a choice to exercise or not if he finishes 55 games.

CitizenSnips
4 years 9 months ago

They could use him for just 54.

Ferrariman
4 years 9 months ago

no they can’t. if he is just mysteriously shut down after 54 games for no reason, the mets would have a grievance filed against them by the MLBPA.

icedrake523
4 years 9 months ago

They won’t use him for 54 games and then shut him down. They’ll just pace his use uring the season so he only finishes with 54 games.

4 years 9 months ago

yup and lots of 4-5-6 out appearances so he pitches fewer times a week.

4 years 9 months ago

yup and lots of 4-5-6 out appearances so he pitches fewer times a week.

Ferrariman
4 years 9 months ago

that is almost impossible to do. you can’t predict when the opportunity for him to show up will be.

Ferrariman
4 years 9 months ago

that is almost impossible to do. you can’t predict when the opportunity for him to show up will be.

Ferrariman
4 years 9 months ago

no they can’t. if he is just mysteriously shut down after 54 games for no reason, the mets would have a grievance filed against them by the MLBPA.

Dave_Gershman
4 years 9 months ago

What Ben meant was that the Mets never put him in 55 games.

4 years 9 months ago

They could just buy it out for the 3.5.

4 years 9 months ago

The $3.5 million dollar buyout for ’12 will most likely occur. Which is probably close to what hopefully he and the Mets settle for the games missed this year.

4 years 9 months ago

The $3.5 million dollar buyout for ’12 will most likely occur. Which is probably close to what hopefully he and the Mets settle for the games missed this year.

AmericanMovieFan
4 years 9 months ago

Wow. So he’s really being bought out? Feels like Conan all over again…

Ricky
4 years 9 months ago

another bad minaya contract >>>> whatever

Ricky
4 years 9 months ago

another bad minaya contract >>>> whatever

Slopeboy
4 years 9 months ago

What happens with the contracts of K-Rod, Castillo, Perez and Beltran will be an indicator of who will really be running the club. Rodriguez actually performed well for the Mets until the stupid incident. His contract is a bad contract only because the Mets didn’t make the playoffs. Had they gone into the playoffs it would have meant additional revenues from TV as well as increased attendance and that would have made the contract tolerable.If they look to move K-Rod they most likely will have to eat some of money, something they were not willing to do with any of the aformentioned. The Wilpons refused to address that question when they went on their media tour after the GM and manager firings. Who ever comes in as GM will have to surely eat parts of those contracts in order to move any of those players. If none of that happens it will be an indication to me that the Wilpons are still calling the shots and the GM is just a figurehead .

4 years 9 months ago

His contract is bad because no closer not named Rivera is worth 17.5 million for one year. His pay through next season is not bad. The problem is that vesting option that really makes no sense. No one else was bidding on him so there was no need to overpay like that.

Slopeboy
4 years 9 months ago

The conract’s perception is predicated on the Mets’ success. Had they won games, made the play-offs and K-Rod had say 30+ saves, it would be just an afterthought. The Mets were looking for big things from Rodriguez and the team when they gave him this contract. They rolled the dice and came up craps! To be fair, the same thing could be said about the Santana deal, for what they’ve gotten from him.

Buggies
4 years 9 months ago

The Mets got everything and more from Santana. Look at his first seasons stats and the next, a lot of his wins were blown by the bullpen, and the Mets as a team didn’t do what needed to be done with the first few years Santana was here, and thats make playoffs and win. Santanas been the advertised ace he is ever since he was signed.

Slopeboy
4 years 9 months ago

Substitute the words Rodriguez for Santana and saves for wins and you have the same situation. I’m not saying this to side with K-Rod, I’ve disliked him since he was with the Angels, but everyone is piling on because of the jerk that he has shown he is.

Slopeboy
4 years 9 months ago

What happens with the contracts of K-Rod, Castillo, Perez and Beltran will be an indicator of who will really be running the club. Rodriguez actually performed well for the Mets until the stupid incident. His contract is a bad contract only because the Mets didn’t make the playoffs. Had they gone into the playoffs it would have meant additional revenues from TV as well as increased attendance and that would have made the contract tolerable.If they look to move K-Rod they most likely will have to eat some of money, something they were not willing to do with any of the aformentioned. The Wilpons refused to address that question when they went on their media tour after the GM and manager firings. Who ever comes in as GM will have to surely eat parts of those contracts in order to move any of those players. If none of that happens it will be an indication to me that the Wilpons are still calling the shots and the GM is just a figurehead .

bjsguess
4 years 9 months ago

How crappy are the Mets negotiators or how powerful and corrupt is the MLBPA (most likely a combination of both).

K-Rod goes out, assaults someone and gets injured. Misses time, disgraces the organization, and the settlement is that maybe the Mets don’t have to pay him for when he couldn’t play?

In what other job can you pull that kind of crap and the only penalty is a slight dock in pay?

4 years 9 months ago

If Sandy Alderson becomes GM, prepared to see K-Rod, Castillo, Perez, Maine, Beltran, and any other player that is just in the way right now gone.