Monday, August 9, 2010

News: 2011 Budget Maxed Out Already?


In a report for ESPN.com, Adam Rubin shows the Mets 2011 salary commitments and suggests that the 2011 budget for the team might already be maxed out. He says that the only logical way that the team can spend money this off-season is by deferring money when signing players to new contracts.

The 2011 commitments: Johan Santana $22.5 million Carlos Beltran $18.5 million Jason Bay $16 million David Wright $14 million Oliver Perez $12 million Francisco Rodriguez $11.5 million Jose Reyes $11 million Luis Castillo $6 million Ryota Igarashi $1.75 million 16 players at major league minimum: $6.4 million Total: $119.65 million

It will be an interesting off-season to say the least. We know that Omar Minaya is not going anywhere. He will be put to the test in the 2010 off-season. I'm sure he will spend a lot of his time trying to get some pay-roll relief by trading his high priced players, although this will be difficult as other teams do not really have the room to take on salary either.

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