Mar 29

Why The Mets Opted Not To Insure Santana’s Contract

Johan santana Subway

Adam Rubin of ESPN New York, does a fine job of explaining why the Mets chose not to insure Johan Santana’s contract.

The Mets will be on the hook for the remaining $31 million owed to Johan Santana because they did not insure the contract.  Why?

As premiums have skyrocketed because of escalating salaries and past payouts — such as the bailout when Mo Vaughn was owed $17 million and could not play for the Mets in 2004 — the organization began more often “self-insuring” its larger contracts than seeking outside coverage. In essence, the Mets chose to create a rainy-day fund available so that the organization would not be crippled financially by the loss of a key player due to injury.

It saves potentially a $2 million insurance premium per year to protect a contract, although the amount annually paid to an insurance company naturally decreases as the years on the contract elapse — like you’d pay less to an insurance company on a car as the years go by and the vehicle is worth less.

Across baseball, outside insurance has “declined tremendously,” according to one baseball official.

Santana was self-insured by the Mets, whereas the Mets contracts for Carlos Beltran, Jose Reyes, Tom Glavine and Mike Piazza’s were insured externally during their Mets days as well. David Wright’s last contract also was insured externally.

You can read the rest of the article including all the details here.

Mar 17

Wright Expresses No Regrets; Doesn’t Mean He’s Right In WBC Flap

David Wright is correct, his rib injury could have happened anytime. It could have happened carrying groceries from the car.

That isn’t the issue.

WRIGHT: Call it E-5

WRIGHT: Call it E-5

The issues are Wright was injured while at the World Baseball Classic – whatever he was doing at the time, it was away from the Mets – and did not report his injury in a timely fashion.

Also an issue is Wright has a strained left intercostal muscle and faces the strong possibility of being on the disabled list to start the season. What should be an issue if you’re the Mets is Wright gave no sign of regret about the WBC, and the perception of minimizing the injury.

“You can get hurt in spring training,’’ Wright told reporters prior to today’s 2-1 loss to Atlanta. “You can get hurt before spring training. Playing baseball, there’s some risk that comes along with that. … It has nothing to do with the tournament itself. It has everything to do with some bad luck.’’

Sure, it is bad luck, but that’s not Mets fans want to hear. They want to know if their All-Star third baseman, who was just signed to a $138 million package, will be able to play Opening Day. The WBC is a hard enough sell as it is in the United States, and Wright was injured participating in the international tournament. Mets fans don’t care about promoting baseball around the globe.

There is also the perception Wright placed his personal desire to represent his country – as admirable as that is – over his obligation to the Mets.

“Of course I owe it to the Mets to be honest with them, and I was,’’ Wright insists. “Ultimately when I started going in and getting treatment for it, the Mets saw that and they called me. I was honest with how I was feeling.

“Once it got to the point where I started not being able to sleep, or when it was painful to lounge around, that’s when obviously I started going to get treatment and talking to [trainer] Ray [Ramirez] and [general manager] Sandy [Alderson] and those guys.’’

Wright said those conversations took place Wednesday, which contradicts Alderson’s assertion the Mets didn’t become aware until shortly before game time Thursday. That doesn’t help the Mets’ image. The Mets have been known for their sloppy handling of injuries, ranging from Ryan Church’s concussion to Carlos Beltran’s knee to Johan Santana’s shoulder this spring.

That won’t go away, especially if Wright isn’t ready for the season, as appears the case. Wright can’t commit to Opening Day, saying he needs to be cautious and not risk further injury and be out even longer. So, where was the caution when Wright felt pain for a week before reporting it to WBC trainers?

“Once it got to the point where I thought it might obviously prohibit me from coming back and producing with the Mets, that’s when it was time to make that decision,’’ Wright said. “I feel like I have a pretty good sense of what’s tolerable and what’s not tolerable.’’

Well, how about when Wright played a month with pain in his lower back which was later diagnosed as a stress fracture? And, last spring he had the same injury and was out a month. Nobody ever questioned Wright not being a gamer, but that isn’t the issue.

Wright’s desire to represent his country and honor his commitment is admirable. However, it is his judgment here that is in question. His first obligation is to the Mets.

Mar 15

Disabled List On Opening Day Looming For David Wright

The news is not good for David Wright, whose rib injury could force him to start the season on the disabled list and be out for up to a month.

WRIGHT: Could go on DL.

WRIGHT: Could go on DL.

Wright, who was scratched from last night’s World Baseball Classic game against the Dominican Republic, was examined today in New York and diagnosed with a strain of his left intercostal muscle.

Obviously out of the WBC, Wright doesn’t know when he’ll play again, but manager Terry Collins told reporters the All-Star third baseman could be out from “two to three weeks.’’

These types of injuries usually seem to take longer to heal than the original prognosis. As it is, two weeks takes us to the end of spring training, so being on the disabled list by Opening Day is not only conceivable, but likely.

The manager and general manager aren’t on the same page with this one, as Sandy Alderson placed the timetable at three to five days and offered nothing to reporters about Wright’s Opening Day status.

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Mar 03

Did Mets Rush Johan Santana On Sunday?

Some athletes will use anything as a motivator while others simply know what it takes to get ready.

Today, pitching coach Dan Warthen tried to sell the idea Johan Santana used perceived criticism of his physical condition as the spark to get him on the mound for the first time since Feb. 19. Santana threw the day after GM Sandy Alderson said he didn’t think the soon-to-be 34-year old lefty would pitch for another ten days to put his Opening Day start in jeopardy.

SANTANA: Pushes himself to mound. (AP)

SANTANA: Pushes himself to mound. (AP)

The Mets are trying to mix the contrasting positions Santana as the ultimate competitor who knows better than anybody what it takes to get ready and the other that he uses criticism as motivation.

Well, which is it?

Reportedly, Santana was irritated at reporters’ questioning, to which my first thought is for him to get over it as he’ll get $31 million this year regardless of how much he pitches, so answer the damn questions.

There’s no doubting Santana’s heart, but he can be sensitive.

What I especially found questionable is if the Mets thought he was ten days away from throwing, then why would they let him throw today? Who’s running the show anyway?

When a team puts it in the hands of the athlete to make medical decision, there is a likely chance of failure. Just think of Ryan Church, Mike Pelfrey, Carlos Beltran, David Wright, Jose Reyes and others.

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Mar 01

Beltran Sings Wheeler’s Praises

Carlos Beltran left the Mets for San Francisco two summers ago with the hope of playing in the World Series.

Beltran did his part, batting .323 with seven homers in 44 games with the Giants, but it wasn’t to be. Even so, Beltran believes the Mets got the better end of the deal that sent pitching prospect Zack Wheeler to New York.

“It worked out better for them,’’ Beltran recently said. “I thought we were going to go to the playoffs and it didn’t happen. But it is what it is. I took the chance of going to the team that was fighting for a playoff spot and it didn’t work out for me. But it worked out for the Mets.’’

While Beltran has a few more years left to his career, the ceiling seems unlimited for Wheeler, currently sidelined with a strained oblique muscle.

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