Wednesday, May 04, 2005
Glavine's vesting option
There are several ways that his contract would vest for the 2006 season. If he pitches a combined 600 innings in 2003-04-05, including 200 innings this season, his contract will automatically kick in at $10.5 million. If he pitches between 580 and 600 innings over the three-year period, including 200 or more innings this year his contract will vest at $9 million and include $1.5 million in incentive bonuses. If he pitches between 560 and 580 innings or 200 innings this season, his contract would vest at $8 million with $2.5 million in incentive bonuses.
There is also a mutual option that can be exercised by Nov. 1 if the vesting numbers haven't been reached. Glavine has the right to exercise the option and the club has until Nov. 10 to pick it up. If the Mets don't pick it up, they can exercise a buyout clause, but if both parties agree on it, Glavine will earn $6.5 million next year with the possibility of earning an additional $4 million in incentives.
tommy pitched 183.1 innings in 2003, 212.1 innings in 2004 (total = 395.2 ip). thus far in 2005, he's tacked on 30.2 ip. (total = 426.1 ip).
therefore, tommy is currently 133.2 innings away from triggering a guaranteed $8m (+ $2.5m incentives) contract year for 2006.
if tommy continues to average a putrid 5 innings or so per start, he will need 26 more starts to hit the magic number. as long as he stays healthy, this will be cutting it close (assuming he remains absolutely stinky), but it is very possible.
my contention is that the mets must make it impossible. if ever a starter deserved to be dropped from the rotation, on a strictly winning baseball decision, it's tom glavine right now.
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