Sherman: Seven year, $143m extension should keep Wright with the Mets

In his column for the New York Post, Joel Sherman 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 total suggested package would be for eight years and $143 million, and that would make Wright the highest paid player in franchise history.

However, all ten of Sherman’s officials believe topping both Johan Santana’s six-year, $137.5 million and Ryan Zimmerman’s total package of eight years and $126 million are important to Wright.

With that said, all ten of the officials Sherman spoke to believe the Mets will sign Wright to an extension.

“This would be a pretty good deal for both parties,” another NL executive told Sherman of the suggested deal. “[Wright] is still a very good player and when you look at his age and position, there is a little less risk than most guys entering their 30s.”

On Thursday, Andy Martino of the Daily News said the Mets were still in preliminary discussions with Wright on a new contract, although Sandy Alderson has already discussed the team’s long-term plans with Wright.

Michael Baron, Contributor

The average annual salary of the suggested deal, including his 2013 option, is a shade under $18 million a year – the extension itself averages just above $18 million per season. And, the suggested deal wouldn’t even be on the books for next year, at least nothing more than the value for his option which existed anyway. I think that’s a fair and reasonable deal for a star player in New York, and the Mets should sign him at that figure. If the Mets can get something along those lines done – and soon – it would end the questions, speculation and uncertainty about Wright’s future, but it would also go a very long way towards showing the Mets are once again capable of investing big money in the marketplace, even if they don’t intend to do so this winter. That’s important considering what the perception is of their abilities to make payroll investments now.

I expect the Mets will exercise Wright’s option for next season no matter what – they have until five days after the conclusion of the World Series to get that done. 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.