Mets part ways with Jason Bay-15 million is deferred must be paid by 2015 post #92

[MetsFanatic19]

$3.3M every year starting from 2020-2050 sounds like something the Mets would do.

Why haven't we already thought of this?

[Nymfan87]

$3.3M every year starting from 2020-2050 sounds like something the Mets would do.

Actually, assuming an 8% discount rate, that would almost work out to exactly the same amount (in terms of present value) as the money his is owed today.

[Beltrans Mole]

Jason Bay could not be on this team anymore. Too much bad karma surround him and his contract with the Mets. It was an inevitable move, but it still kind of surprising to see that the day has finally arrived.

[GottaBelieve]

Now we just need to sacrifice a chicken, and the curse of Citi Field should be broken.

[metsfaninSTL]

Thank you!!

[Harry777]

I don't think it was a bad contract when he was first signed but he just took an insane nosedive. Glad he's gone.

[YoungStuna28]

I'm shocked, hopefully the deferred money can help us get players.

[metsjets2000]

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[Rangers&MetsFTW]

Lets use this extra cash to sign Jason Bay

[Rio40]

Watch him sign a minor league contract with the phillies and hit .260 with 40 bombs.... Would be our luck.

[Angry Norwegian]

Today is a great day.

[yfern328]

Actually, assuming an 8% discount rate, that would almost work out to exactly the same amount (in terms of present value) as the money his is owed today.

One of the few people on this forum that actually understands numbers. I agree with this move as long as it's not spread out too long.

[fanofclendennon]

The Bishop is very happy today.

Unless the power goes out again.

[eltwo]

No lights and no heat at home, but, at last, something to warm my heart!

[Claymation]

The Bishop is very happy today.

Unless the power goes out again.

My in-laws left yesterday, It's good to be the king.