Originally written on Mets Merized Online  |  Last updated 11/14/14
Jon Heyman of CBS Sports writes that Jason Bay may have gotten a better deal for himself by leaving the Mets than he did when he initially signed with them. Not only will Bay be paid the entire $21 million he is owed by the Mets, as has been reported, but the $15 million that is being deferred under the terms of the severance agreement is to be paid by the end of 2015, meaning the deferred monies will be paid only over an additional two years, CBSSports.com has learned. Neither side would comment on the deferred payments, but sources familiar with the deal say the short deferral — the deferred monies are to be paid in five installments — means the present-day value of the contract is worth only about $850,000 less than the full $21 million. Had the team simply cut him, they would have had to pay him all the money by the end of 2013. The Mets and the outfielder made the surprise agreement to part ways with a year to go on his $66-million, four-year deal. Originally, the Mets had said...
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Report: Chiefs place franchise tag on Justin Houston

What a Marcus Mariota trade might look like

Ndamukong Suh to hit free agency, no franchise tag

Report: Rasheed Sulaimon was accused of sexual assault

MLS 2015 season preview

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Report: Broncos will franchise tag Demaryius Thomas

Marshawn Lynch on final SB play: 'I was expecting the ball'

Report: Rangers acquire Keith Yandle from Coyotes

Report: Bucs to keep Vincent Jackson under current contract

Twins to limit players' smartphone use on game days

Shane Battier: Carmelo Anthony is not that tough to guard

Building a program: Kennesaw State's first spring practice

Did Duke ignore Sulaimon sexual assault allegations?

Ten takeaways from this week's NFL offseason action

What to expect on franchise tag deadline day

WATCH: Sidney Crosby gets leveled in open-ice hit

PHOTO: Pacquiao has message for Mayweather with t-shirt?

Nuggets break team huddle with countdown to end of season

WATCH: James Harden kicks LeBron in the groin

Jim Harbaugh tells Madonna he respects her toughness

Are the Oakland Raiders finally trending up?

Durant blasts Instagram hater for Westbrook comment

Three potential big signings the Steelers could make

MLB News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

MLS 2015 season preview

Report: Broncos to franchise Demaryius

James Harden kicks LeBron in groin

Lynch: 'I was expecting the ball'

Report: Rangers get Yandle from Coyotes

Harbaugh respects Madonna's grit

Twins to limit game day cell phone use

Kevin Durant blasts hater on Instagram

KG buys 1,000 tickets for T-Wolves fans

Markieff Morris calls out Suns fans

Cowboys letting Murray test market?

Brock Lesnar attends UFC 184

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.