Mets offer 7 years and up to $129 million to Wright

The Mets current offer to David Wright is for seven years, and worth between $119 and $129 million, starting after 2013, according to a recent tweet from FOXSports.com’s Ken Rosenthal.


Nov. 27, 3:39 pm: “The Mets are offering Wright a seven-year deal for $135-140 million, according to people familiar with the talks,” Jon Heyman reports for CBSSports.com.

Matthew Cerrone, Lead Writer

Nov. 27, 4:15 pm: OK, so, to keep track, that would mean, starting today, counting next season’s option, Wright would be under contract the next eight seasons (through 2020) at around $18 million per season. According to my sources, he’s been insisting on seven years and to be under contract through 2020, which is on par with Rosenthal’s report; but he has also requested $20 million per season, which is less than what is being offered.

However, if the Mets started at six years and $100 million, and Wright wanted seven years and $140 million, then Rosenthal’s report seems like a nice middle ground and a place both sides can agree… I like this.

Frankly, I’ve been hearing Wright and Sandy Alderson were more or less comfortable with one another’s demands a few weeks ago, when the two sides all met in Virginia.  So, it’s always seemed like just a matter of time << click to tweet this.

Basically, Wright has said he wants this to be his final contract. I get the impression he doesn’t plan to play too much beyond his late 30s. So, a seven-year extension, on top of his 2013 option, will keep him paid very well and under contract through his 37th birthday. The money can be worked out, but it seems security is his biggest goal. He’ll have a no-trade clause because he’s a 10-and-5 guy at that point, so he doesn’t need to worry about being out of control of his fate, either. He’ll get his money. Frankly, his endorsements, Vitamin Water money, etc., probably dwarfs any disagreement about money he may have with the team. He’ll be fine.

I know we’ll be pissing and moaning about this deal in five years, but that doesn’t make it wrong for today. The Mets need to sign him. They know it. He knows it. I’m encouraged by today’s news and rumors, and I trust something will get done sooner than later… fingers crossed.

Mets offer David Wright a seven-year deal

The Mets don’t believe a contract extension with David Wright will be finalized before the MLB Winter Meetings, which start next week, a source told ESPN’s Jayston Stark.


Nov. 27, 1:56 pm: The Mets believe David Wright will sign a contract extension this winter, a source close to team officials has told ESPN New York.

“They’ve been really optimistic,” the source said.


Nov. 27, 1:23 pm: The Mets have upped their offer to David Wright, going from six years to seven, with the deal now worth in excess of $100 million, Andy Martino reports for the Daily News.

According to ESPN New York, the seven-year deal is an extension that would go into effect in 2014.

Earlier today, FOXSports.com’s Ken Rosenthal said the Mets offered Wright a six-year deal this past Monday.

Last week, MetsBlog.com’s Matthew Cerrone said Wright had been seeking a seven-year, $140 million contract, despite the Mets only offering a six-year deal.

Matthew Cerrone, Lead Writer

This is good news. Wright has been asking the Mets for $20 million a year, with at least seven years guaranteed, which I’ve been writing for weeks. Martino’s report suggests things are getting closer…

ESPN New York’s report means, when all is said and done, Wright could be under contract the next eight seasons (through 2020). I bet this isn’t for $20 million a year, though. My guess is, to give the extra year, the Mets probably wanted to stick to $17 million per year (on average). So, let’s say they caved just a little and tossed in an extra million per season, “you know, for the effort,” that would basically make this an eight-year deal worth roughly $144, which is impressive and should be more than good enough for Wright. It has to be, right?

This all sounds good. I like where it’s headed. Come on, guys… Get. It. Done!

Mets making little progress with David Wright & R.A. Dickey

The Mets are still making little progress in their efforts to sign David Wright and R.A. Dickey to contract extensions this winter, Ken Rosenthal of FOXSports.com reports, citing club officials.

According to Rosenthal, the Mets offered Wright a six-year, $100 million contract extension on Monday, according to major-league sources.  However, Wright prefers a deal of seven years or longer, sources say.

Matthew Cerrone, Lead Writer

This is getting old… and quick. I still think there is zero chance Wright is traded this winter, even if a new contract isn’t worked out. I put Dickey being traded at 49%. But, I’m growing more and more skeptical that new contracts will get done, and that’s ridiculous. I mean, if the Mets really want these guys back, just sign them already…

I’ve written over and over and over again that, while Wright is seeking $20 million a year and at least seven years guaranteed, the Mets have so far only offered six years and around $17 million a year << click to tweet this

As Rosenthal points out, a six-year, $100 million extension would keep Wright on the Mets for as long as as Ryan Zimmerman is on the Nationals, but three years less than Evan Longoria will be with the Rays. Guys, just give him the seventh year. He’s earned it in sweat and off-field capital, I’d say. Also, put a C on  his jersey while you’re at it…

Michael Baron, Contributor

11:38 am: Based on what Dickey said and Martino’s report, it looks like the Mets could be focused on getting Wright’s situation squared away first. It would be nice of both deals were wrapped up before the Winter Meetings begin next week so the Mets could focus their efforts on improving other areas of the roster. It would also ease my nerves and create stability in their situations and the team’s situation, things I’ve said the Mets have needed to show since the off-season began.

Mets have made an offer to David Wright, Wright has countered

The Mets have made a contract offer to David Wright, and Wright’s agents have countered, according to Ken Rosenthal of FOX Sports.

Rosenthal says the terms of the offer are not yet known.

Matthew Cerrone, Lead Writer

Posted Nov. 12: Based on what I’m hearing, Wright’s camp is thinking seven years and at least $130 million guaranteed, while the Mets are thinking more like six years and around $110 million. Frankly, that’s close enough to make me confident they’ll eventually find a compromise.

If Wright was on the open market, I’d be worried. But, because I truly believe he’s going to start next season on the Mets with or without a new deal – and because people say he really wants to retire here – and because the Mets need him – and because no other team can make him an offer right now – and because he knows he ended last year in a massive slump and next year could break his value as a free agent – I trust these two sides will eventually come together.

I don’t expect this to be negotiated in public. Instead, I expect to read statements that kick this story down the road (like this tweet from Rosenthal), taking it deeper in to the off season than most fans are probably comfortable with. This will inevitably fuel skepticism. But, my hope is that one day this winter, out of no place, someone will report a deal is done and that will be that.

Previous updates on David Wright...

Contract: Wright just completed the final year Wright of a six-year, $55 million contract he signed during the 2006 season. The Mets exercised their $16 million club option for 2013, and can become a free agent after next season.

Reports and Posts:

  • Nov. 8: The Mets are not looking to trade David Wright at this time, according to Danny Knobler of CBS Sports.
  • Oct 30: Jon Heyman of CBS Sports says the Mets are currently negotiating with David Wright on a contract extension, although progress on a new deal has been slow between the two sides.
  • Oct 27: Joel Sherman of the New York Post says “ten officials” outside the Mets organization believe if the Mets offer David Wright a seven-year, $127 million contract extension, in addition to his $16 million option for 2013, that should be enough to convince him to stay with the Mets.

Priority remains retaining Wright and Dickey

Today in Coney Island, Mets COO Jeff Wilpon told reporters the team’s top priority remains retaining both David Wright and R.A. Dickey.

Wilpon says negotiations are “on-going” with the two players, and while Wilpon acknowledged they are exploring other options for Dickey, that serves only as their backup plan.

Dickey went 20-6 with a 2.73 ERA, having allowed 192 hits and 54 walks with 230 strikeouts in 233 2/3 innings. He became the first Met to win 20 games since Frank Viola in 1990, and is a finalist for the National League Cy Young Award, which will be announced tomorrow night.

The Mets exercised both Wright’s and Dickey’s options for 2013 – Wright will earn $16 million and Dickey will earn $5 million. Both can become free agents after the 2013 season.

Where things stand with David Wright and the Mets

Matthew Cerrone , Lead Writer

According to countless reports, David Wright and the Mets want to agree to a long-term contract extension.

However, based on what I’m hearing, Wright’s camp is thinking seven years and at least $130 million guaranteed, while the Mets are thinking more like six years and around $110 million. Frankly, that’s close enough to make me confident they’ll eventually find a compromise.

If Wright was on the open market, I’d be worried. But, because I truly believe he’s going to start next season on the Mets with or without a new deal – and because people say he really wants to retire here – and because the Mets need him – and because no other team can make him an offer right now – and because he knows he ended last year in a massive slump and next year could break his value as a free agent – I trust these two sides will eventually come together.

When? I don’t know. But, I don’t expect this to be negotiated in public. Instead, I expect to read statements that kick this story down the road, taking it deeper in to the off season than most fans are probably comfortable with. This will inevitably fuel skepticism. But, my hope is that one day this winter, out of no place, someone will report a deal is done and that will be that.

R.A. Dickey, on the other hand, is a totally different story… more on that later.

To call and leave a comment or question for the next MetsBlog Podcast, call (860) 245-9851.

Mets are not entertaining trading David Wright at this time

Danny Knobler of CBS Sports says, while negotiations between the Mets and David Wright have been slow, enough progress has been made to the point the Mets are not currently entertaining a trade for him.

“There’s enough progress, anyway, that no trade talks involving Wright are on the horizon, and the Mets will instead continue to talk to Wright and his representatives exclusively,” Knobler explains.

Knobler says optimism remains the two sides will eventually come to terms on a new contract.

Matthew Cerrone, Lead Writer

10:26 pm: The more and more I hear from people at the GM Meetings, and the more I hear from team insiders, and the more I read the tea leaves, the more I get the feeling these two sides have already discussed numbers and are cool with what it will take to get a deal done. I’m not saying they’ve agreed to anything, necessarily, but knowing the two sides met in Virginia last week, and hearing so much about R.A. Dickey today, I believe Wright, his agents and Sandy Alderson might already be seeing eye to eye and it’s just a matter of time before they put it in ink.

Michael Baron, Contributor

I won’t be totally confident about the situation until the deal is official. But I’m not any more concerned a deal might not get done just because the negotiations have been reportedly stagnant. One thing we’ve learned – especially with the Jason Bay situation – is this front office is incredible at keeping their business to themselves and not letting things get out. It’s fair to question the situation, considering who the player is and no deal appears to be imminent, but there’s no way to really know where they stand in the process.

Previous Updates on David Wright...

Contract: Wright just completed the final year Wright of a six-year, $55 million contract he signed during the 2006 season. The Mets exercised their $16 million club option for 2013, and can become a free agent after next season.

Reports:

  • Nov. 8: Sandy Alderson recently visited with David Wright at his home in Virginia, he told reporters at the GM Meetings.
  • Oct 30: Jon Heyman of CBS Sports says the Mets are currently negotiating with David Wright on a contract extension, although progress on a new deal has been slow between the two sides.
  • Oct 27: Joel Sherman of the New York Post says “ten officials” outside the Mets organization believe if the Mets offer David Wright a seven-year, $127 million contract extension, in addition to his $16 million option for 2013, that should be enough to convince him to stay with the Mets.
  • The Mets remain in preliminary talks with Wright about possible contract extensions, according to Andy Martino of the Daily News.

Sandy Alderson recently visited with Wright in Va., talks are progressing

Today at the GM Meetings, Sandy Alderson told reporters he recently visited with David Wright at his home in Virginia, and said contract negotiations were progressing.

Alderson said they are mainly talking dollars and cents right now.

Michael Baron, Contributor

As I’ve said, the language from both sides indicates there is strong mutual interest to get a deal done. But it’s not reasonable to set a timetable on it, nor is it reasonable to think the Mets can snap their fingers and get a new deal done. The Mets have publicly stated they intend to handle Wright’s contract situation different than that of Jose Reyes last winter – considering how that turned out, their words are encouraging. But actions speak louder than words, especially as they try and change the perception of the state of the franchise.

Previous updates on David Wright...

Contract: Wright just completed the final year Wright of a six-year, $55 million contract he signed during the 2006 season. The Mets exercised their $16 million club option for 2013, and can become a free agent after next season.

Reports: