For the Mets, three years of Jason Bay was enough. This afternoon, they announced that they have agreed to part ways with Jason Bay, meaning he’s being released from his contract. Joel Sherman has the details.
Bay is getting all $21M he is owed, the $16M salary, the $3M buyout and the $2M left on a signing bonus. Some is being deferred #Mets
— Joel Sherman (@Joelsherman1) November 7, 2012
The Mets don’t get any financial relief in terms of actual payouts, but by deferring some portion of the money he was set to be paid in 2013, they can reduce the actual value of those payouts and create a little extra flexibility for this off-season. Because the Player’s Association has fought hard for guaranteed contracts, players are unlikely to accept contract buyouts, but this is probably the best result for both parties.
Now, Bay gets to pick his own landing spot for 2013, and he should pick an AL team that can give him some at-bats at DH in hopes of a rebound season. Bay was terrible last year, but he was an average-ish hitter as recently as 2011, and it wouldn’t take a large bounce back to make him a decent enough platoon DH for a team that already had a part-time left-handed bat in their starting DH spot.
At age 34, it’s also quite possible that Bay is just done, but at least now he gets a chance to save his career and get a fresh start in a new organization. And now Mets fans don’t have to watch him play anymore. Win-win, as they say.