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.


117 Responses to Mets, Jason Bay Agree To Part Ways Leave a Reply

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

    • bobbleheadguru 3 years ago

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

      • Tommets 3 years ago

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

        • Jaysfan724 3 years 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 3 years 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 3 years ago

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

          • Tommets 3 years ago

            ok thanks

          • ExileInLA 3 years ago

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

      • Joe Valenti 3 years 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 3 years ago

          Impact on payroll: none.

          • juliusvernon 3 years ago

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

          • The Data 3 years ago

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

          • Karkat 3 years 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 3 years 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 3 years ago

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

  2. Jaysfan724 3 years ago

    Why do I fear the Jays will pursue him now?

    • rikersbeard 3 years 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 3 years 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 3 years 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 3 years ago

            Your argument is not really strong.

      • vtadave 3 years ago

        What would the worst be then, a corpse?

    • Daniel Delvecchio 3 years 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.

  3. Austin 3 years ago

    Dodgers should sign him for 10 million

  4. Phillies_Aces35 3 years 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 3 years 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.

  5. Casey McMahon 3 years 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 3 years 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.

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

      • monkeyking42 3 years ago

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

        • chicothekid 3 years 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 3 years 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 3 years ago

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

      • That -0.5 dWAR sure is good.

        • Tommets 3 years 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 3 years ago

            Stats don’t lie. Ever.

        • The_Unnatural 3 years 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 3 years ago

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

  6. WNYMetsfan03 3 years 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.

  7. mike melusky 3 years ago

    Orioles will jump on him.

  8. Tacho Bill 3 years ago

    The Pirates could use a left fielder!

  9. Rick Garcia 3 years ago

    I’m very interested in the terms they agreed to

  10. Piro Espinal 3 years ago

    I wish A Rod felt the same way.

    • Rocco Schirripa 3 years ago

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

      • RedSx799 3 years ago

        26 home runs is a good season for A Rod*

        fixed it for you

        #washedup

  11. Oh man, you know he has to miss Fenway.

  12. DerekJeterDan 3 years ago

    Met fans everywhere rejoice

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

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

  15. Bob Bunker 3 years ago

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

    • vtadave 3 years 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.

  16. Paul Shailor 3 years ago

    Off to Boston he goes.

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

  18. Paul Shailor 3 years ago

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

    • monkeyking42 3 years ago

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

  19. Guest 3 years 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 3 years 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 3 years 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 3 years 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 3 years 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 3 years 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.

  20. Oh what fantastic news

  21. Cotes56 3 years ago

    Makes sense for him to come back to Boston.

    • soxxxxx 3 years ago

      epsteins always been pretty good about knowing when to let players go

      • dc21892 3 years ago

        Yep, he sure saw that concussion problem coming. Nope. Bay wanted more than he was willing to open their vault for. Simple as that. It looks like Epstein is a genius on the surface, but could he really predict Bay would fall that hard over a concussion?

        • Rocco Schirripa 3 years ago

          He wasn’t doing too well before the concussion neither

      • hitdog042 3 years ago

        Epstein offered a deal. Bay turned it down. Next……

  22. Tommets 3 years ago

    So let me get this straight: The mets paid Bay $21 mil to leave? tell me if im wrong

    • harmony55 3 years ago

      The Mets will pay Jason Bay what the team promised when the club signed the contract on January 5, 2010.

      • dc21892 3 years ago

        They didn’t “promise”. His contract kinda stated they were to pay it.

        • harmony55 3 years ago

          Perhaps you should briefly review contract law.

    • Joe Valenti 3 years ago

      The Mets pay exactly what his contract says $16 Mil for 2013, $3 Mil buyout, and $2 Mil signing bonus. $21 Mil total but because it is deferred and the time value of a present asset in the future is worth more then the same value paid in the future the Mets are, in theory, saving money. On the flip said, Bay becomes a FA so he can try to make more than the league minimum in his next contract. Basically, it’s a win-win

      • Tommets 3 years ago

        wow thanks for the info that really explained everything

  23. Hermie13 3 years ago

    Cleveland?

    Francona was his manager in Boston and the Tribe tried trading for him several times when He was In Pittsburgh. Could use a DH and LFer and A RH bat…

    • Yes! That would be a good opportunity for him to get back to form in a small market and work with Terry again. Win Win!

  24. Bay’s an interesting case, I know he’s had injuries but the massive decline kind of makes me suspect PEDs may have played a part as well. Someone will give him a major league deal in the 1 – 3 million range. Probably closer to one with incentives and a possible option. Good for the Mets that they don’t need to continue playing him, bad that they have to continue paying him.

  25. HaloDodgers 3 years ago

    Take notes, Mr. Dipoto.

    • LightUptheHalo 3 years ago

      He needs to do the same with Wells.

      • Joe Valenti 3 years ago

        There is very little chance that anyone would agree with this. Deferring payments basically means you are taking less money even thought the dollar amounts are the same. It was a very classy move by Bay

        • J. C. Hahne 3 years ago

          ok Vern, Show us you are the Classiest!!!

        • mlbscout6 3 years ago

          He does lose some value depending on the amount of time the payments are being deferred, but I think he will recoup most of that value in the next contract he signs plus the potential improvements in any future contracts he might sign based on improved performance in a more favorable hitters environment. I’m sure he also took into consideration any additional subjective value he places on being able to choose his next workplace.

        • calamityfrancis 3 years ago

          it was the least he could do given what an unbelievable failure he was in New York.

  26. Ryan 3 years ago

    Wish Alderson could have tried to trade him for something. I would rather we get rid of bay but get something, anything back in return. This is pretty wishful thinking though.

    • James Attwood 3 years ago

      What the Mets are getting is some financial flexibility due to the deferred salary. In a trade, the two teams (but mostly the Mets) would still be on the hook to have that full $21MM paid by the end of next season. At least this way, some of the money that was originally planned to go to Bay can now be used to sign Dickey or Wright.

    • Paul Shailor 3 years ago

      I mean maybe he did try trading him and no one was interested. I mean lets be honest here. And lets say someone offered a career AA player, chances are the mets would still need to eat just about everything on his contract so really what is the point?

  27. YaGottaBelieve11 3 years ago

    Bay’s .687 OPS as a Met falls short of Luis Castillo’s .691 mark with the organization. Yowza.

  28. bigpat 3 years ago

    I’m shocked that anyone thinks Bay has something left in the tank. I agree that it’s bizarre he’d go from a very productive player to below replacement level out of nowhere but I just don’t see how he can turn it around with how he’s looked the past two years.

    • Jaysfan724 3 years ago

      Nate McLouth still haunting you?

      • bigpat 3 years ago

        Jose Bautista would have been the preferred answer. I can honestly care less about a fourth OF who had two good months in the past three years.

    • Tko11 3 years ago

      I’m surprised he still thinks he has something left in his tank.

  29. Jesse13 3 years ago

    good gig if you can get it.

  30. FamiliaTerritory 3 years ago

    PLEASE tell me I’m not dreaming. This would be the second best piece of news I’ve heard in the last 24 hours.

    • Tko11 3 years ago

      Still paying him all the money…

      • FamiliaTerritory 3 years ago

        That’s the only unfortunate part out of all this. The best thing to come of this is that now the Mets don’t have a glaring weakness in the middle of the order batting .165 that’s constantly into slumps or getting hurt. Question now is, who will they obtain for a right handed bat in the OF? All of our current options are lefties (Valdespin, Baxter, Nieuwenhuis, Duda).

  31. Jason Vermeychuk 3 years ago

    Honestly, I see him going back to Pittsburgh.

  32. Dylan 3 years ago

    Phillies have to give him a shot.

  33. Ron Loreski 3 years ago

    Makes alot of sense to go back to Pittsburgh. He could platoon in RF and/or LF with Travis Snider and Starling Marte. I wonder what the possibilty of him playing 1stbase is. If he can be versitile, that opens up alot more options for him.

  34. Chris Lattier 3 years ago

    haha Mets — I love how he and Bobby Bonilla will still be on the payroll together in like 2020….just stop giving out these stupid contracts.

  35. I wouldn’t mind seeing Bay platooning/DH for the Tigers. Bay produced so well in Boston because he was surrounded by power, well protected, pitchers were forced to pitch to him rather than around him. With Delmon not getting a contract I say sign Bay. He would be a good addition to Cabrera and Fielder in the lineup and if V-Mart is healthy that would be a tough 3, 4, 5, 6 to pitch against. 

  36. Bring him back to that pull swing loving Fenway. Get him on the cheap. One year deal with incentives. I like that better than 3 for Ross.

  37. macdice 3 years ago

    You could tell at his press conference that he never wanted to sign with NY. The pressure was too much for him. I think that he will sign with his home town team and rebuild his confidence. The impression I always got is that he wanted the Mariners to step up and make him an large offer the last time he was a free agent.

    • crashcameron 3 years ago

      his hometown is Trail, B.C. so the Vancouver Canucks??

      • macdice 3 years ago

        He has lived in the Seattle area for years during the off-season.

        • crashcameron 3 years ago

          I’ve lived in Western Canada for 20 years but I grew up in my hometown
          of Ottawa, Ontario. JBay (and his sister Lauren, a Team Canada
          fast-pitch hurler BTW!) grew up in Trail.

          It’s the semantic about “hometown” that bugs me.

          I have cousins in Seattle for longer than I’ve been out west. they are still from Saskatchewan.

  38. Guest 3 years ago

    This is what the Yanks will have to do with A-Rod in the next 2 years.

  39. jwsox 3 years ago

    “I have no regrets with signing with the mets” neither would I if i signed for 66 million and played horribly….

    also isn’t this a glorified DFA or release?

  40. The_Unnatural 3 years ago

    He going to the M’s. They have holes in the OF and he lives 12 miles from Seattle.

  41. Howard 3 years ago

    Oh, Canada…come play left field in Toronto if you’re healthy Jason Bay…

  42. deewitt92 3 years ago

    Knowing the Mets luck Bay wins MVP next year bats .336, hits 38 home runs with 138 RBI’s lol

  43. Scott Krouse 3 years ago

    He’s getting the Bobby Bonilla deal. Do you think Wilpon will again invest the deferred portion with Berni…..oh wait.

  44. redsandyanksfan 3 years ago

    Wonder if the reds would think about picking him on a minor league deal to have him compete for a roster spot for left field if we cant resign Luddy.
    What do you think?

  45. nd215 3 years ago

    Watch him do amazing on his next team

  46. alva9596 3 years ago

    Who thinks that the Red Sox will most likely sign Jason Bay again?

  47. Since I doubt they’re going to land Hamilton, it would be interesting if the Brewers bought low on Bay especially since he’s eaten up Miller Park over the years.

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