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

Mark Cuban will play the President in 'Sharknado 3'

Five most exciting one-bid conference tournaments

Report: Redskins interested in Ndamukong Suh

Report: Darrelle Revis likely to hit free agent market

Le'Veon Bell could face up to a four-game suspension

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Report: Giants place franchise tag on Jason Pierre-Paul

Vikings GM: Team has spoken with Adrian Peterson

Yu Darvish on notion he quit on Rangers: ‘That’s BS‘

Tiger Woods' agent refutes drug suspension claim

Bryce Harper says he needs to ‘step up’ this season

Report: Chiefs place franchise tag on Justin Houston

Nik Stauskas wears Michigan State gear after lost bet

Bret Bielema takes away player's car after DUI

NHL player traded after daughter's heartbreaking letter

Curt Schilling unloads on Twitter trolls again

Pirates Corey Hart cut his foot getting into a whirlpool

Steve Spurrier joins Twitter, jabs Clemson

Michael Jordan makes his first Forbes billionaire list

Nick Young rips ESPN anchor over Iggy Azalea insult

Sad LeBron literally looks in mirror after loss to Rockets

Could Holly Holm be a worthy challenger for Ronda Rousey?

Gronk spikes Lombardi Trophy cake on his bro's head

In defense of Geno Smith

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

Mark Cuban will be Prez in 'Sharknado 3'

Report: Redskins interested in Suh

Report: Revis likely to hit free agency

Steve Spurrier joins Twitter

MJ makes Forbes billionaire list

Nick Young fires back at Robert Flores

Sad LeBron literally looks in mirror after loss to Rockets

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

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.