Mets, Jason Bay Agree To Part Ways

The Mets and Jason Bay have agreed to an early expiration of his contract, making him a free agent. The team announced the move in a press release. Joel Sherman of The New York Post reports (on Twitter) that Bay will receive all $21MM left on his contract, though some of it is being deferred. Bay is represented by Joe Urbon at CAA Sports.

"I still feel I have plenty to give to this game and that I can play baseball at a high level. But after serious consideration, both sides agree that we would benefit from a fresh start," said Bay in a statement. "I'm grateful we were able to reach an agreement to allow that to happen. I’m excited to keep playing and have no intention of just walking away. I enjoyed my time in New York. I have no regrets in signing with the Mets, other than that I wasn’t able to play to the level that the team, the fans and I all expected and that we weren’t able to win more games. I move on with nothing but an appreciation for the organization and its fans and best wishes to all my teammates there."

Bay, 34, signed a four-year, $66MM contract with the Mets prior to 2010. He was still owed $16MM in 2013, a $3MM buyout of his 2014 club/vesting option, and $2MM worth of signing bonus money. All of that accounts for the $21MM, which will now be spread over several years rather than the next 12 months.

Sherman says that Bay will lose some present day value through the deferral, but now he can sign with a new team for more than the league minimum (all Twitter links). The union doesn't allow players to reduce the guaranteed portion of their contracts unless they get something equal in greater in return. The Mets would not have released Bay without the deferrals, which allow the team to spend more in 2013 according to Sherman (on Twitter).

Bay's three years in New York could not have gone any worse, as the outfielder battled injuries and hit just .234/.318/.369 with 26 homers in 1,125 plate appearances with the team. The year prior to joining the Mets, he finished seventh in the MVP voting and put up a .267/.384/.537 batting line with 36 homers for the Red Sox. Bay has hit .246/.355/.401 against left-handers over the last three years and figures to draw interest as a platoon outfielder/DH.


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117 Comments on "Mets, Jason Bay Agree To Part Ways"


2 years 8 months ago

What a win for the Mets if they are able to save any money. Still feel bad for Bay though….

bobbleheadguru
2 years 8 months ago

They did not save any money. Just a roster spot.

Tommets
2 years 8 months ago

So the mets just paid him $21 mil to leave?

Jaysfan724
2 years 8 months ago

He would have been getting it either way. This clears up a roster space now, plus the money is getting deferred too so he’s not getting it all at one time.

Tommets
2 years 8 months ago

oh ok so he’s getting the rest of the money on his contract, but not all at one time. Plus they get a roster spot open. Thanks for clearing it up for me

East Coast Bias
2 years 8 months ago

Not just that, but he can sign for another team for more than the league minimum.

Tommets
2 years 8 months ago

ok thanks

ExileInLA
2 years 8 months ago

Of course, nobody’s sure why any other team would WANT to do that…

Joe Valenti
2 years 8 months ago

They do save money. They pay the same exact amount but over an extended period of time. The present value of money is worth more then money in the future so in theory they pay him less

The Data
2 years 8 months ago

Impact on payroll: none.

juliusvernon
2 years 8 months ago

Impact on payroll: Significant. Please research the time value of money.

The Data
2 years 8 months ago

Please research the difference between a payroll and a budget. Impact on budget: minimal. Impact on payroll: none.

Karkat
2 years 8 months ago

Doesn’t it have some effect on payroll, because now it’s spread out over more years, so Bay will count against their payroll for longer, but for less AAV each year?

Let_My_Cameron_Go
2 years 8 months ago

He’s a great guy, and perhaps the first “star” in the game I genuinely feel bad for. He worked tirelessly to get better, but it never happened. I do think he is done, and he needs to mentally relax…

Thomas Webb
2 years 8 months ago

I agree ,maybe he’ll go back to Boston and get his career back on track

Jaysfan724
2 years 8 months ago

Why do I fear the Jays will pursue him now?

rikersbeard
2 years 8 months ago

wouldn’t be the worst platoon partner for Lind. There are better options out there though.

(unless he plays like the small sample size of 2012, in which case he would be the worst)

Jaysfan724
2 years 8 months ago

I mean I don’t think it’s a “terrible” signing if you get him cheap, but I would rather have Melky or Torii Hunter on a short-term contract in left.

crashcameron
2 years 8 months ago

Melky or Torii Hunter?
ain’t happening. Torii is nearing the end and wants to end it with a ring, or at the least, a deep playoff run r two

Jaysfan724
2 years 8 months ago

Your argument is not really strong.

vtadave
2 years 8 months ago

What would the worst be then, a corpse?

jaysfan1994
2 years 8 months ago

He did great here in the 2009 WBC, Hitting in hitter friendly AL stadiums like Fenway park should show everyone why his homerun totals were so inflated while he played in Boston.

Austin
2 years 8 months ago

Dodgers should sign him for 10 million

Phillies_Aces35
2 years 8 months ago

He might be worth a flier for someone with a hitter friendly ballpark. He could potentially be this year’s Ryan Ludwick or Cody Ross.

You Know Who
2 years 8 months ago

Or a broken down roidless outfielder who is going through what you’d expect from a 34 year old would go through. The mets ballpark wasn’t that bad that it could change someone hitting like bay did to the awful player he’s been these last few years.

Casey McMahon
2 years 8 months ago

I think the Rays should pick him up. Make him a part time DH platoon outfielder. We tried to get him from the PIrates a few years ago. He may be healthy now and is a elite player when everything is in check!

chicothekid
2 years 8 months ago

Actually not a bad idea if he comes cheap. He rakes against LHP and is great in the clubhouse, and is decent in LF. But he can’t hit RHP to save his life anymore.

2 years 8 months ago

Bay had a .172/.264/.301 line against LHP in 2012. Perhaps not the sharpest “rake” in the shed.

monkeyking42
2 years 8 months ago

He had a pronounced platoon split in 2011, but not really in 2010 or 2012.

chicothekid
2 years 8 months ago

My bad, I was thinking of 2011. Last year was a blur to me. I’m just glad it’s over and the Cardinals or Yankees didn’t win it all.

Paul Shailor
2 years 8 months ago

Interesting, I could see the Rays taking a flier on him to try and “replace” luke scott. However I still think if boston offers him anything at all he will take it.

Tommets
2 years 8 months ago

Bay is still a good defensive player, not a good hitter. So DH wouldn’t work out in his case

2 years 8 months ago

That -0.5 dWAR sure is good.

Tommets
2 years 8 months ago

its not always about stats like that. I don’t recall him making any errors in the field. He made some great plays in LF. Im not saying he’s a gold glove fielder he’s average. He has a good enough glove to not be playing DH, if that makes any sense to you.

Wes MacDonald
2 years 8 months ago

Stats don’t lie. Ever.

The_Unnatural
2 years 8 months ago

That’s nothing. The supposedly great Josh Hamilton and Ichiro had -1.2 and -1.1, respectively. Even if those stats are infallible, he only cost them a few runs.

goner
2 years 8 months ago

FWIW, while with the Pirates, Bay had earned a reputation for having a noodle of an arm. but perhaps he’s improved :shrug:

WNYMetsfan03
2 years 8 months ago

I wish J-Bay the best of luck wherever he ends up, it’s a shame it didn’t work out but both parties need to move on.

mike melusky
2 years 8 months ago

Orioles will jump on him.

Tacho Bill
2 years 8 months ago

The Pirates could use a left fielder!

Rick Garcia
2 years 8 months ago

I’m very interested in the terms they agreed to

Piro Espinal
2 years 8 months ago

I wish A Rod felt the same way.

Rocco Schirripa
2 years 8 months ago

Jason Bay hit 26 home runs over THREE YEARS. 26 home runs is a bad season for A Rod.

RedSx799
2 years 8 months ago

26 home runs is a good season for A Rod*

fixed it for you

#washedup

2 years 8 months ago

Oh man, you know he has to miss Fenway.

DerekJeterDan
2 years 8 months ago

Met fans everywhere rejoice

2 years 8 months ago

If he’s healthy I wouldn’t mind the Reds taking a flyer on him if Ludwick can’t be resigned.

2 years 8 months ago

He’ll come back to Boston or go to Baltimore. Cody Ross type deal.

hitdog042
2 years 8 months ago

Nobody will give him a MLB deal.

Bob Bunker
2 years 8 months ago

if the mets save money, id imagine the players association would be very upset about this.

vtadave
2 years 8 months ago

We don’t know over how long the payments will be spread or at what interest rate, but it’s very possible that the net present value of that payment stream will be less than that of not deferring it. We’ll see.

Paul Shailor
2 years 8 months ago

Off to Boston he goes.

2 years 8 months ago

If Bay still has something left in the tank, I hope he can land elsewhere; this is a complete surprise.

Paul Shailor
2 years 8 months ago

BTW is anyone else surprised that his “signing bonus” STILL hasnt been paid in full yet? I mean come on!

monkeyking42
2 years 8 months ago

Not too surprised. This is the same team that won’t pay off Bobby Bonilla’s contract for another 24 years yet.

Guest
2 years 8 months ago

I don’t get describing it as them “agreeing to part ways.” It just sounds like the Mets are releasing him since they are still paying him next year’s salary, the option buyout, and the rest of his signing bonus. Is the fact that he’s letting them defer some of his money what makes it different from an outright release?

slasher016
2 years 8 months ago

It seems there’s that plus the part of going through waivers and risk being claimed. This way he can sign wherever he wants. Plus the Mets do not save the minimum salary for the year that the claiming team would pay.

Jaysfan724
2 years 8 months ago

Perhaps he asked for his release. Obviously he has to be released, but it was mutual agreement instead of the Mets just straight up releasing without his input. And it appears they were able to structure the payment of the remaining salary as well.

rikersbeard
2 years 8 months ago

ya, the deferral is the important difference. If they are deferring with little or no interest, then this is a big save for the mets. But its also a win for Bay who must have been feeling pretty bad by this point.

Given the mets current financial situation, I am sure if they can move some of that money until later, then it would be easier to go further with a Wright extension.

James Attwood
2 years 8 months ago

The deferrment is the “agreement”. Otherwise, the Mets would be on the hook for the full payout up front. They had to get Bay on board with whatever pay structure that was agreed upon – likely one that produces a substantially lower AAV to provide flexibility for the team.

sourbob
2 years 8 months ago

It’s spelled out in the entry above. It’s closer to a buyout, really. What makes it different than a release is that a) the Mets get to defer some money and b) Bay can now sign with a new team for more than the minimum and keep that money in addition to his $21MM from the Mets.

2 years 8 months ago

Oh what fantastic news