12/29/09

WFAN: Mets, Jason Bay agree [Updated]

Update – 3:12 p.m.: ESPN’s Jerry Crasnik believes with the fifth-year vesting option, the deal could be worth just north of $80 million.Bay back in orange and blye

Update – 3:05 p.m.: Joel Sherman has contract details.  Four-years, $66 million.  “Easy vest” for fifth year, meaning a vesting option which Bay will likely achieve.  Think of it as a five-year deal.

Update – 3:03 p.m.: Jon Heyman confirms the agreement.

Jason Bay has agreed to a deal with the New York Mets, according to WFAN.  Bay still has to pass a physical.

The terms of the contract were not readily available.  The Mets do have a four-year, $65 million contract offer extended to Bay.

The deal will be announced next week, according to WFAN.

Not that I think they’ll find anything to cancel the contract, but don’t think this is a done deal.  There may be an issue with Bay’s knees and they could alter the contact after the physical.

In short: They’ve agreed in principle, but it’s not done yet.

Ahem, I’m not alone.