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Beltran Contract Details   Message List  
Reply | Forward Message #2997 of 5385 |
Details of the $119 million, seven-year contract Carlos Beltran and the New York Mets agreed to Tuesday:

Signing bonus-$11 million ($7 million payable upon approval, $2 million each in January 2006 and January 2007)

2005-$10 million

2006-$12 million

2007-$12 million

2008-$18.5 million, of which $8.5 million deferred

2009-$18.5 million, of which $8.5 million deferred

2010-$18.5 million, of which $8.5 million deferred

2011-$18.5 million, of which $8.5 million deferred

Deferred money:
Will accrue 1.72 percent compounded interest

Award bonuses:
MVP-$500,000

Second MVP-$1 million

Third MVP and all MVP's thereafter-$1.5 million

MVP 2nd through 5th place-$200,000

All-Star-$100,000

Most All-Star votes in league-$100,000

Postseason All-Star or player of the year-$100,000

World Series MVP-$250,000

League championship series MVP-$150,000

Gold Glove-$100,000

Silver Slugger-$100,000

Hank Aaron Award-$100,000

No-Trade Clause:
Player approval needed for all trades

Perks:
Best available 15-person luxury suite for all home games, including postseason

Hotel suite on road

Club will lease conditioned ocular enhancer machine

Charity:
Player will contribute $150,000 annually to charity of his choice and $150,000 annually to charity of club's choice


Wed Jan 12, 2005 11:06 pm

garygentile2004
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Details of the $119 million, seven-year contract Carlos Beltran and the New York Mets agreed to Tuesday: Signing bonus-$11 million ($7 million payable upon...
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garygentile2004
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Jan 12, 2005
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