On the heels of Evan Longoria agreeing to a contract extension with the Rays that will guarantee him $100 million through 2022, the news is out that the Mets offered David Wright a 6-year, $100 million extension. Naturally, as is the case with anything the Mets do, this is cast as a lowball, “show me,” “look we tried,” proposition when the offer is legitimate and reasonable considering what comparable players have received.
The main differences between Wright and Longoria are leverage, age and perception. Wright is a free agent after 2013; prior to the new contract, Longoria was locked up by the Rays until 2016. Wright is about to turn 30; Longoria just turned 27. Longoria is considered a big game player because many of his hits have been considered “clutch” (with good reason) and Wright is more of a steady performer whose numbers accumulate and he’s unfairly been seen as a central figure in the disappointment of a Mets team that stumbled at crunch time.
In reality, they’re pretty much the same player. In fact, Wright has the advantage of durability that Longoria doesn’t have. Longoria has had quadriceps strains, hamstring tears, and wrist problems. Wright got hit in the head and suffered a stress fracture in his back, both of which he’s recovered from.
In his career, Longoria has traded his arbitration years and window to freedom for security. He signed a contract as a rookie (shortly after he arrived in the big leagues) that guaranteed him $17.5 million and could have made him as much as $44.5 million. Now, as an established star player, he’s got his $44.5 million and an additional $100 million on top of that. There’s not a no-trade clause in the deal with Longoria’s only recourse if the Rays decide to trade him is waiting until after 2017 when he’ll be a 10 and 5 player (10 years in MLB, 5 years with the same team) and subsequently can reject any deal. But before then, if the Rays choose to move him due to financial constraints or because they receive an offer they can’t refuse, there’s nothing he can do about it. It’s a trade-off that both sides made. Longoria gets his guaranteed money, the Rays have flexibility. Because Longoria is locked up until 2022, it doesn’t mean he’ll be a Ray for that entire time. That’s the way the contract was designed and the manner in which the Rays operate. The Rays said, “We’ll give you more security in exchange for flexibility.” Longoria accepted that.
The Mets are not in the position of the Rays where they have a terrible ballpark and limited fanbase. The Mets’ financial problems are not related to baseball’s structure, but are a byproduct of circumstance and will presumably end at some point. For the Mets and Wright, the offer that has been made public isn’t for public relations purposes, but is a reasonable, market-driven deal. That doesn’t mean Wright’s going to take it. For all the talk that the Mets are dragging their feet, the Wright camp is probably also taking a wait-and-see approach to know where the dollar figures are for players in this year’s free agent class. If there’s a team that tosses a record amount of money at Zack Greinke and rolls the dice on Josh Hamilton; if a club gets crazy for Wright’s childhood friend in Virginia B.J. Upton, then Wright can say he’s going for the big money next winter and unless the Mets pay him and pay him big now, he’s not signing anything. But if the deals these players get aren’t what’s expected; if the number of teams that are still willing to go overboard as the Angels did with Albert Pujols is limited to one or two; if no club other than the Dodgers is spending wildly, then Wright isn’t going to do much better than the 6-years, $100 million and will be more willing to take it.
The Jose Reyes comparisons are simplistic and stupid. Those negotiations weren’t “negotiations” in the truest sense. The Mets wanted Reyes back, but they didn’t want to give him $100 million (money that they didn’t have and certainly didn’t want to spend on him) and they knew they had a reasonable—if significantly less flashy—replacement for him with Ruben Tejada. It’s a different matter with Wright. The Mets want him back and know how hard he’ll be to replace on and off the field.
The common sense approach from the Mets to Wright is to be conciliatory and ingratiating. They should not imply that because Longoria and Ryan Zimmerman took $100 million over six that Wright should know what’s good for him and do the same thing. The Mets should approach Wright with the facts. Those facts are that he’s not going to do much better on the market than 6-years at $100 million with a reachable option to make it 7-years at $125 million and perhaps an eighth year option as well; that the Mets are in position to get markedly better and contend by possibly 2013 and definitely 2014 with all that young pitching and money coming off the books; and that, like the Rays and Longoria, it behooves both sides to come to an agreement. A no-trade clause isn’t even necessary for the new deal because Wright will be a 10-and-5 player after 2013.
The Wright-Mets extension talks aren’t in a holding pattern because the participants staked their positions with no room for compromise and a pure impasse. 6-years at $100 million was a start. If a deal gets done, it won’t be until the other pieces currently making the free agent rounds come off the board and there’s a clue as to what the numbers have to be and could be to make it worthwhile for the Mets and Wright. In that context, the Wright and Longoria comparisons are equal and like Longoria, I’d expect Wright to eventually sign an extension with the Mets, but it won’t be until the new year.