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

MLBPA reacts to Kris Bryant's minor league assignment

Gregg Marshall's show canceled, Bama speculation grows

Report: Shaka Smart in discussions with Texas

Report: Rick Barnes expected to land at Tennessee

Demaryius Thomas planning to skip Broncos' workouts

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Rockets GM: We think we can win NBA title despite injuries

Browns GM Ray Farmer suspended over text messages

Aaron Hernandez's fiancee disposed of box after murder

Byron Scott: Opposing players say they want to play for Lakers

Falcons reportedly will lose pick over pumping in crowd noise

Report: Sam Bradford wouldn't sign extension with Browns

WATCH: Stars' Patrik Nemeth catches puck inside visor

10 winners and losers from the past week in the NFL

University of California soccer player found dead

Joe Namath parties with twin 100 year-old women

WATCH: Mike Napoli hits home run as bat shatters

WATCH: Marc Gasol misses shot, rips jersey in disgust

PHOTO: Minor league team to wear Jabba the Hutt jerseys

Lions LB DeAndre Levy takes ride on top of a moving plane

Colts owner addresses Indiana religious freedom bill

John Calipari addresses controversial ND comments

Arizona coach Sean Miller rips critics: 'Go cheer for ASU'

Report: NFL could push extra point back to 15-yard line

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

10 winners and losers from the past week in the NFL

Namath parties with 100 yr-old women

Report: Shaka Smart talking to Texas

Rick Barnes to land at Tennessee?

Browns GM suspended for texts

Hernandez's fiancee disposed of box

Mayweather-Pacquiao: It's sparring tall-tale season

The MLBPA has a problem

Final Four preview: Can every team win?

Full WrestleMania 31 recap and results

Why Texas had to fire Rick Barnes

Craig Sager's leukemia has returned

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.