Mets…Spending Money?


Remember when some nutty blogger went on a diatribe about how the Wilpons were limiting their budget this offseason?

Well, either the Wilpons found a new Ponzi scheme or Fred and Jeff weren’t lying (completely) when they said their financial troubles were over.

The Mets have made three significant free agent signings thus far this offseason.

  • Chris Young OF – signed a one-year, $7.25 million dollar contract.
  • Curtis Granderson OF – signed a four-year, $60 million dollar contract.
  • Bartolo Colon RHP – signed a two-year $20 million dollar pact.

The Mets are still not shelling out Robinson Cano money – that sort of thing is reserved for big media markets like Seattle – but the amount of money they’ve spent on free agents is surprising to even the most optimistic of Mets fans.

That’s $87.25 million in total contract dollars after spending $5 million last year. This kind of change in philosophy cannot be minimized.

The Wilpons, still apparently hundreds of millions of dollars in debt, have decided to budget for some players while they pay off the lenders.

Now, if it’s still true that they limited Sandy Alderson’s budget to $25-$30 million (and Jeff still insists that it’s all up to Sandy how much of his money to spend, which defies logic), that means they are out of budget for 2014. $7.25 MM + $13 MM (the amount allocated to the first year of Granderson’s contract) + $10 MM (presuming Colon’s contract isn’t backloaded) = $30.25.

The moves they’ve made up until this point are fine, but they still need a shortstop in an ideal world. At age 24, there is a chance that Ruben Tejada can return to his 2012 form when he hit .289/.333/.351. But the Mets aren’t confident that he can.

Stephen Drew can still be had for a reported 3-year, $36 million or so. Hence all the buzz about the Mets needing to clear some salary before they can sign another player.

The Mets would love to leave the winter meetings in Orlando without Ike Davis. He would cost them $3-$4 million in 2014. They would trade Daniel Murphy if the deal is right, but they’re not just going to give him away. In fact, the rumors now indicate that the Mets probably won’t trade him – but we know how fast that can change.

The Mets don’t seem to be done dealing. Alderson has been pretty clear in offseasons past when they are done. Today, he went on SNY and said 2014 is about winning. Those don’t sound like the words a man who’s done with the offseason.

Now, it’s not like the Mets went out and got the best free agents on the market. Chris Young is something of a reclamation project, and at his best, will give you 20 home runs and a ton of strikeouts. By all measurements, most of Curtis Granderson’s recent home runs would have been dingers at Citi Field, so we can probably pencil him in for 30 round-trippers (provided he doesn’t get hit in the hand with two pitches in one year as he was last year). Then there’s Bartolo Colon.

Do you give two years to a 40 year-old? As a rule, absolutely not. In this free agent market, it’s Thunderdome! Everyone’s getting too many years and too much money. Besides, Colon’s been reliable over the past three years, culminating in his 2.65 ERA in 190 innings last year for the Oakland A’s. By all measurements, he’ll be the reliable veteran innings-eater (I will resist a fat joke here) we think he can be. That second year might be a doozie, however.

So, can the Mets make one more move, preferably for a shortstop, or for a veteran arm in the bullpen? Just as the Joel Shermans of the world are ready to write them off this offseason, they seem to come through with a surprising move. So I’m sayin’ there’s a chance.

Instead of overreacting to every tiny shred of rumor that comes from Orlando, we can do our nerves some good and just wait to see what happens. No matter what the offseason holds, this has been a signal to the baseball world that the Mets are willing to spend some money to improve their ballclub.

Let’s just hope that we’re not in a situation where we’re waiting for these contracts to come off the books in the coming years. Been there, done that.

Paul is a freelance writer, blogger, and broadcast technology professional residing in Denver. A New Jersey native, he is a long-suffering Mets fan, a recently-happy Giants fan, and bewildered Islanders fan. He's also a fair-weather Avalanche and Rockies supporter. In his spare time, he enjoys the three Gs: Golf, Guitars, and Games.
  1. DaveSchneck December 11, 2013 at 11:39 pm
    The fact that so many are surprised about this level of spending by the Mets is a testament to just how little trust there is between the fanbase and the owners/management. These three signings won’t cure that, but it is a start. Looking at each signing, there are things to question individually. Young had a lousy season last year. Grandy whiffs at a scary rate and the contract covers decline years. Colon is a PED-convicted 40+ year old they guaranteed 2 years. Sure, they could have done better on each, but they certainly could have done worse.

    The job is far from finished. As one fan, my expectation for 2014 was and is quite simple – do what it takes to field a playoff contender with no glaring holes on opening day 2014, without saddling the team with crazy contracts or depleting whatever prospects the Mets have. So far, Alderson has stayed on that path. Yeah, sure, Tanaka, Choo, and Ellsbury would be better, but they would saddle the team long term.

    Alderson now has positioned himself to be selective over the balance of the offseason in filling the other holes. He absolutely needs to acquire a legit bullpen arm that can close, and hopefully he gets this done soon while there are still multiple choices. He can then wait out the 1B trade market, perhaps the Murphy trade market, and even Drew or a trade for SS. Bottom line is that he still has a shot at fielding a playoff contender in a fiscally responsible manner while retaining all or almost all prospects.

  2. NormE December 12, 2013 at 12:55 am
    It seems to me that the signing of Colon makes it easier for the Mets to move a pitcher as part of a package in another deal.
  3. crozier December 12, 2013 at 1:33 am
    As I’ve stated earlier, who bought into the “leak” that the Mets had only $20 million to spend, and why?If you never believe what they say, why believe that?

    Alderson isn’t stupid, whatever else you think about him. There’s more to come this winter.

  4. Joe December 12, 2013 at 3:54 pm
    Not to worry — people will find other reasons to sneer at Mets management. It isn’t totally unfair to not trust these people. But, it was pretty overblown including the idea they would just do nothing this off season. Starting with Chris Young didn’t help in that department.