Delgado’s Mets Contract May Vest at $16M

I knew there was a clause in Carlos Delgado’s contract that vested it if he finished at a specified position in MVP voting. But I searched the Internet and couldn’t find the details.

ESPN published those details yesterday and it’s really interesting that the Marlins (originators of this contract) created their own point system for MLB awards and the impact on the option year of Delgado’s contract.

In other words, if Delgado wins the World Series MVP award and finishes in the top six in the regular-season MVP voting, he would reach 30 award points — and automatically vest his option at an extra $4 million, guaranteeing him $16 million for next year.

If he can pull off winning the World Series MVP and finishing in the top six of the MVP voting, Delgado deserves that $16M option.

Jon Heyman: What teams should do with the big options on big names

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This entry was posted on Saturday, September 13th, 2008 and is filed under Roster. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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