Originally posted on Matthew Cerrone's Mets Blog  |  Last updated 10/10/11
Mark E asked in an e-mail, “It just occurred to me that the Mets had to have received some insurance money for Johan Santana‘s $22.5 million contract this season, considering he didn’t make a single appearance. I seem to remember in the case of Mo Vaughn that the Mets recouped about 75% of his contract. Would they be entitled to around the same amount or are pitchers insured differently? Insurance is complicated. It is. It’s not as straight forward as I think fans want to make it. Also, due mostly to the economy and the specific industry, insuring player contracts is VERY different than it was in 2004 (with Vaughn). Also, the details of insurance on player contracts is not public, and it’s rarely reported on in detail. That said, from what I recall, the Mets (and teams who had been interested in Santana) were only able to get his contract insured for the first few years. Why? I’m not totally sure, but it has something to do with when the injury occurs and for how long after that t...
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