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DeGrom Deal Done

G-Fafif Mar 26 2019 06:42 AM

So reports Martino. Five years. A Jake of Mets!

Edgy MD Mar 26 2019 06:45 AM Re: DeGrom Deal Done

Syndergaard is magic.

Edgy MD Mar 26 2019 06:48 AM Re: DeGrom Deal Done

"He is in New York right now for a physical." Have they not examined him throughout spring training? Maybe it's been too long, but I don't recall extensions of players already under contract to be dependent on a fizz.

smg58 Mar 26 2019 06:51 AM Re: DeGrom Deal Done

High fives all around!

Benjamin Grimm Mar 26 2019 06:55 AM Re: DeGrom Deal Done

I wonder if this deal begins in 2019 or 2020? I guess we'll find out soon enough. (My guess is 2019.)

MFS62 Mar 26 2019 07:01 AM Re: DeGrom Deal Done

Altogether. Exhale. Later

G-Fafif Mar 26 2019 07:02 AM Re: DeGrom Deal Done

https://twitter.com/Joelsherman1/status/1110526158532214784?s=19

dgwphotography Mar 26 2019 07:03 AM Re: DeGrom Deal Done

I think it's a 5-year extension, with a full no trade clause, but an opt out in 2022. This is a very good way to start the day.

Edgy MD Mar 26 2019 07:04 AM Re: DeGrom Deal Done

Brodie pulling out the old exit-clause AND a no-trade clause. Whether deGrom comes to love the Mets too much to leave, or to hate the Mets too much to stay, he controls his own fate.

G-Fafif Mar 26 2019 07:04 AM Re: DeGrom Deal Done

The previously agreed to $17M for 2019 is part of this, with $10M broken out as signing bonus. Jake opt-out after 2022; club option for 2024.

G-Fafif Mar 26 2019 07:09 AM Re: DeGrom Deal Done

Full no-trade means FUCK the Daily News and its bullshit Photoshopping of our ace into other uniforms.

Lefty Specialist Mar 26 2019 07:23 AM Re: DeGrom Deal Done

Happy Snoopy Dance! Now he can just focus on being awesome.

HahnSolo Mar 26 2019 07:24 AM Re: DeGrom Deal Done

Edgy MD wrote: "He is in New York right now for a physical." Have they not examined him throughout spring training? Maybe it's been too long, but I don't recall extensions of players already under contract to be dependent on a fizz. He really wanted to avoid that Syracuse workout.

Benjamin Grimm Mar 26 2019 07:26 AM Re: DeGrom Deal Done

I assume the physical is required by the insurance company before they agree to insure the contract.

bmfc1 Mar 26 2019 07:31 AM Re: DeGrom Deal Done

He only signed today to get out of the Syracuse trip.

smg58 Mar 26 2019 07:38 AM Re: DeGrom Deal Done

Thor's probably wondering why he didn't sign an extension today too. Although it's still early...

Valadius Mar 26 2019 07:48 AM Re: DeGrom Deal Done

This is a wonderful day. The Mets have been so bad historically at taking care of their homegrown guys. Hopefully this is a signal to the guys next in line that they'll be taken care of.

Ceetar Mar 26 2019 07:50 AM Re: DeGrom Deal Done

=smg58 post_id=5062 time=1553607531 user_id=62] Thor's probably wondering why he didn't sign an extension today too. Although it's still early...

He should. He's, like many pitchers, toiling away in his best years for basically peanuts.

metirish Mar 26 2019 07:50 AM Re: DeGrom Deal Done

Very happy with this, five years seems doable

41Forever Mar 26 2019 07:56 AM Re: DeGrom Deal Done

Great deal for the player and team!

Johnny Lunchbucket Mar 26 2019 08:08 AM Re: DeGrom Deal Done

=G-Fafif post_id=5054 time=1553605753 user_id=55] Full no-trade means FUCK the Daily News and its bullshit Photoshopping of our ace into other uniforms.

lol. Would be great if the Mets came out and said that.

Willets Point Mar 26 2019 08:11 AM Re: DeGrom Deal Done

Yay!

A Boy Named Seo Mar 26 2019 08:53 AM Re: DeGrom Deal Done

Sounds like it was pretty Chris Sale-y in the end, huh. Seems unlikely he'd want to opt-out after 3 seasons and leave > $60M on the table ahead of the season where he turns 35. Unless he's still just fucking torching the league, then go, Jake, go. Also, I know stylistic rules say to never start the sentence with a lowercase letter, but seeing a capital D "DeGrom" always looks funny to me. It's changing the man's name.

41Forever Mar 26 2019 09:07 AM Re: DeGrom Deal Done

For all the skepticism that greeted his arrival, BVW has done a darn good job. Locked up the best player on an expensive, long-term deal. Addressed the team's weaknesses at catcher with one of the best free agents at the position. Got an elite closer and a familiar co-closer/set up guy. Made a big deal for what we hope is a reliable offensive second baseman while moving the Bruce contract. Restocked a barren Triple-A team with veterans for insurance. Got some versatile guys. And, didn't trade Syndergaard, didn't trade McNeil, apparently isn't keeping Alonso in the minors for a month. Brought in a strong bench coach to boost Mickey. And while it's not his doing, we're getting a Seaver statue and the street name. We beat the hell out of them when they screw up, and we should. But they deserve credit when they do the right thing.

seawolf17 Mar 26 2019 09:10 AM Re: DeGrom Deal Done

A Boy Named Seo wrote: Seems unlikely he'd want to opt-out after 3 seasons and leave > $60M on the table ahead of the season where he turns 35. Unless he's still just fucking torching the league, then go, Jake, go. Totally. If he's in a position to seriously consider opting out at that point, we've got at least one division title under our belts, hopefully more.

LWFS Mar 26 2019 09:13 AM Re: DeGrom Deal Done

Edgy MD wrote: "He is in New York right now for a physical." Have they not examined him throughout spring training? Maybe it's been too long, but I don't recall extensions of players already under contract to be dependent on a fizz. Like Ben said, it's probably an insurance requirement. Of course, maybe they just like to look at him. Either way, GITCHO SHEET, JAKE

Centerfield Mar 26 2019 09:26 AM Re: DeGrom Deal Done

This is terrific news! Great job by the Mets to lock him up possibly for his whole career. Every deal comes with risks, but this is one I'm willing to take. Hopefully they extend the others (Wheeler, Conforto, Noah) and surround those guys with enough talent that we compete for years to come.

Frayed Knot Mar 26 2019 09:39 AM Re: DeGrom Deal Done

Edgy MD wrote: "He is in New York right now for a physical." In New York City or upstate? (heh, heh) Five years is a good length for his age. For both sides.

kcmets Mar 26 2019 12:02 PM Re: DeGrom Deal Done

Congrats to Jacob, glad to get this off the back back burner and onto his table.

Benjamin Grimm Mar 26 2019 06:18 PM Re: DeGrom Deal Done

The deal has been officially announced.

Fman99 Mar 26 2019 07:31 PM Re: DeGrom Deal Done

Yay for more deGrom!

kcmets Mar 26 2019 07:51 PM Re: DeGrom Deal Done

Won't be long before a cold one is $15 at the ol' ball yard....

Frayed Knot Mar 27 2019 11:03 AM Re: DeGrom Deal Done

deGrom presser going on NOW!!!! JdG, Brodie, and Jeffy on the podium

Valadius Mar 27 2019 11:08 AM Re: DeGrom Deal Done

BVW: "Omar Minaya was very helpful in explaining to me how these deals get done with the Mets"

Edgy MD Mar 27 2019 11:09 AM Re: DeGrom Deal Done

Press conference from Nationals Park. https://www.mlb.com/mets/video/jacob-degrom-news-conference-c2523952183

kcmets Mar 27 2019 11:10 AM Re: DeGrom Deal Done

Lol, it's on MLB Channel here but not SNY?

Valadius Mar 27 2019 11:11 AM Re: DeGrom Deal Done

BVW: David Wright helped come up with the deal structure

Valadius Mar 27 2019 11:13 AM Re: DeGrom Deal Done

BVW: There were "ebbs and flows" over the course of months of negotiations

Valadius Mar 27 2019 11:14 AM Re: DeGrom Deal Done

BVW: I made a 7-11 run to get taquitos for Jake

Edgy MD Mar 27 2019 11:16 AM Re: DeGrom Deal Done

=kcmets post_id=5228 time=1553706606 user_id=53] Lol, it's on MLB Channel here but not SNY?

And MLB had to subcontract NBC4 in Washington to shoot it for them even though, presumably, NBC4 isn't broadcasting it themselves.

Edgy MD Mar 27 2019 11:18 AM Re: DeGrom Deal Done

"Brodie, Edgy DC of the Crane Pool here. Congratulation on the deal. Now that it's done, do you see this deal as a baseline from which you can work from in approaching Zach Wheeler and Noah Syndergaard? Do you see those opportunities opening up now?"

Edgy MD Mar 27 2019 11:24 AM Re: DeGrom Deal Done

The lack of a Stacey deGrom presence was a downer. Contract signing press conferences need wives and babies.

seawolf17 Mar 27 2019 11:48 AM Re: DeGrom Deal Done

BVW: David Wright helped come up with the deal structure "Here's the structure, Brodie. Give the guy the fuckin' money."

Frayed Knot Mar 27 2019 02:48 PM Re: DeGrom Deal Done

$52.5 million of deGrom's new deal will be money deferred until the 2030's So right about the time when those annual lol-Mets/Bonilla stories should be petering out, the press will have deGrom payment stories to chuckle over.

Centerfield Mar 27 2019 02:57 PM Re: DeGrom Deal Done

Frayed Knot wrote: $52.5 million of deGrom's new deal will be money deferred until the 2030's So right about the time when those annual lol-Mets/Bonilla stories should be petering out, the press will have deGrom payment stories to chuckle over. Not that I have any expectation of this, but I hope that the press would treat those situations fairly. Locking up a Cy Young winner and deferring some money to try to win a title is one thing. Buying out a bad contract through a payment plan that only makes sense if you continue to get Ponzi-scheme like returns on you current investment is another.

Ceetar Mar 27 2019 02:59 PM Re: DeGrom Deal Done

Frayed Knot wrote: $52.5 million of deGrom's new deal will be money deferred until the 2030's So right about the time when those annual lol-Mets/Bonilla stories should be petering out, the press will have deGrom payment stories to chuckle over. And they'll all ignore the hard facts that deGrom won't be paying taxes on that as a (likely) resident of Florida and no longer a New York employee and will end up taking home more of it. Hell, the same with Bonilla. Yes, they were banking on a lot of interest, but even at a more conservative rate of return they probably still made out long term. also this is super commonplace.

Edgy MD Mar 27 2019 03:11 PM Re: DeGrom Deal Done

I'm not smart on such matters. But I think it's been measured a few times (here's one), and argued that the Bonilla deal worked for the Mets.

Frayed Knot Mar 27 2019 04:23 PM Re: DeGrom Deal Done

You guys think today's snarky press is going to let some inconvenient tripe like facts get in the way of future mocking?

Centerfield Mar 28 2019 07:41 AM Re: DeGrom Deal Done

Edgy MD wrote: I'm not smart on such matters. But I think it's been measured a few times (here's one), and argued that the Bonilla deal worked for the Mets. An assumption of 8% returns seems kinda sketchy.

Edgy MD Mar 28 2019 07:41 AM Re: DeGrom Deal Done

I'm not smart on such matters.

Centerfield Mar 28 2019 07:54 AM Re: DeGrom Deal Done

I'd like to think I'm pretty tough on the media myself, but I feel like the Bonilla deal gets mocked for a bunch of different reasons. Specifically: 1. It's Bobby Bonilla. And I guess more importantly, it's Bobby Bonilla and the Mets. It was a mistake to get him the first time, it was a mistake to get him the second time, and now the Mets have to be reminded of that mistake into perpetuity. 2. Bonilla happened because of Rojas. We were trying to dump the $4.5 million owed to Rojas. So in dumping a bad contract, we took on an even worse contract. Bonilla had 2 years left at $5.9 million per. So the Mets somehow turned $4.5 in bad contracts into $34.5 million. And I get it present value, blah blah blah, but the numbers are laughable. 3. Deferred money is expected when you sign a star. Like Jake. Deferred money for a malcontent because you were trying to dump the contract of a middle reliever? Well... 4. Madoff. This is a big part of the story.

Ceetar Mar 28 2019 08:10 AM Re: DeGrom Deal Done

I think they were stealing more than that with Madoff, and they got what, 12 years or something of it on that money already? And then you have to factor in present value. Also that Bonilla's contract is like bagel money to them even if it ended up being a wash instead of a windfall for both of them.