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The W - Baseball - Carlos Beltran agrees to terms with the Mets (Page 2)
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Zeruel
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Since: 2.1.02
From: The Silver Spring in the Land of Mary.

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#21 Posted on | Instant Rating: 4.05


And here are the CRAZY details:

NEW YORK -- The Mets signed Carlos Beltran to play center field for the next seven years. They'll be paying him for the next 14.

Beltran's deal contains $22 million in deferred salary that will be paid out in the seven years after the contract expires. He will be 41 by the time he receives all the money, which will be paid each July 1 starting in 2012 in yearly installments of $3,142,857 plus interest that will accrue at the rate of 1.7175 percent annually.

Like Pedro Martinez, who signed with the Mets in December, Beltran will get an array of perks as part of the contract, including a hotel suite on all road trips and a 15-person luxury suite for all home games, although he must buy tickets for the suite for any postseason games. In the most unusual clause of the deal, the Mets agreed to lease for Beltran an ocular enhancer machine, a device that throws colored, numbered tennis balls to batters at 150 mph or faster.

For rest of article, click here: http://sports.espn.go.com/​mlb/​news/story?id=1969134

A question. If he leaves the Mets for another team after the seven years, and is still getting paid by them, could that be considered to be a conflict of interest by collecting monies from two teams?

What if he has a bad game with his new team against the Mets? There would be alligations that he tanked it on purpose because he's still getting paid by them.

Or maybe I'm just reading too much into things.

(edited by Zeruel on 18.1.05 0337)

(edited by CRZ on 18.1.05 1050)


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Since: 11.12.01
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#22 Posted on | Instant Rating: 8.75

    Originally posted by Zeruel
    A question. If he leaves the Mets for another team after the seven years, and is still getting paid by them, could that be considered to be a conflict of interest by collecting monies from two teams?

    What if he has a bad game with his new team against the Mets? There would be alligations that he tanked it on purpose because he's still getting paid by them.

    Or maybe I'm just reading too much into things.


It happens quite a lot that one team is paying some or all of a player's contract. For instance, when Mike Hampton went to the Braves in 2003, the Rockies were paying most of his salary.



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Since: 9.2.02

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#23 Posted on | Instant Rating: 4.08
    Originally posted by pieman
      Originally posted by Zeruel
      A question. If he leaves the Mets for another team after the seven years, and is still getting paid by them, could that be considered to be a conflict of interest by collecting monies from two teams?

      What if he has a bad game with his new team against the Mets? There would be alligations that he tanked it on purpose because he's still getting paid by them.

      Or maybe I'm just reading too much into things.


    It happens quite a lot that one team is paying some or all of a player's contract. For instance, when Mike Hampton went to the Braves in 2003, the Rockies were paying most of his salary.
If I am not mistaken, when he came to the Braves, wasn't Hampton getting paid by only the Rockies and Marlins?

This would also happen anytime a player is waived while in the midst of a contract, and gets picked up by another team (after waivers expire). Olerud last year was being paid by both the Yanks and Seattle, surely other players as well.



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thecubsfan
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Since: 10.12.01
From: Aurora, IL

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#24 Posted on | Instant Rating: 10.00

    If I am not mistaken, when he came to the Braves, wasn't Hampton getting paid by only the Rockies and Marlins?


All of them were paying at one point or another, and all at some times.

     '03  '04  '05  '06   '07   '08   '09
FLA $7 $8 $8.5 done
COL $2 $2 $2.5 $6
ATL $2 $2 $1.5 $13.5 $14.5 $15


The $6 in '09 is to decline his option. Plus Colorado is solely responible for a $21 singing bonus and a $2 mil charitable donation.

Here's the relevant ESPN.com article

(edited by thecubsfan on 18.1.05 1021)

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