The New York Mets introduced Johan Santana to the New York media today, following the completion of their trade with the Minnesota Twins and subsequent contract extension with the superstar pitcher. Santana will get five years on top of this upcoming season and will make $137.5 million over the course of those five years. He will also make $19 million this season, which is a bump up from the $13.25 he was originally scheduled to make.
Following one of the greatest collapses in baseball history last year, the Mets are trying to move on and start fresh with their new pitcher. “Somewhat it allows us to officially, kind of completely shut the book on ’07,” said Mets third baseman David Wright. “It kind of takes away from, I guess, kind of the aura of what happened at the end of last year. We can kind of put that behind us.”
Details of the contract:
2014: Club option for $25,000,000 with a $5,500,000 buyout (club option may vest based on innings pitched, rank in award voting)
$5M deferred annually, reducing present-day value to about $20M/year