A blog dedicated to the New York Mets with some other baseball thrown in.

Monday, November 06, 2006

Budget '07

When looking at what the Mets should/could do this off-season, it is imperative to understand the Mets are on a budget. They are not the Yankees or the Red Sox and are prepared to take their payroll over the $120 million threshold to fill their every need. Under Omar Minaya's reign, the Mets have shown they will spend big, but they have also shown they are going to be frugal when they need to and look for undervalued players, players they project to improve, and other bargains. This off-season will be no different. What do the Mets have to work with? Let's see.

I'm going to cheat a bit and use mlbtraderumors.com's 2007 Mets Outlook as a basis for the salaries.

C Paul LoDuca - $6.50
C Ramon Castro - $0.80
1B Carlos Delgado - $14.50
SS Jose Reyes - $2.50
3B David Wright - $1.00
IF Julio Franco - $1.10
LF Lastings Milledge - $0.42
CF Carlos Beltran - $12.00
RF Shawn Green - $4.95
OF Endy Chavez - $0.50
SP Pedro Martinez - $14.00
SP Tom Glavine - $12.00
SP Oliver Perez - $1.90
SP John Maine - $0.33
RP Billy Wagner - $10.50
RP Duaner Sanchez - $0.40
RP Aaron Heilman - $0.36
RP Pedro Feliciano - $0.33
Total Current Payroll = $83.98

I've penciled Glavine in there because I truly believe he is coming back. I also figured they would settle on about $12 million per year somewhat splitting the difference between the team and player option. For Green, the Mets and Diamondbacks split the $13.25 remaining on his contract from the point of the trade with the Mets picking up $6.95 and the Diamondbacks picking up $6.3 million. I've estimated the money the Mets will actually be paying him in 2007 at $4.95 million. What we also need to keep in mind is that the Marlins are picking up $2 million per year of Delgado's salary which leaves the Mets at about $81.98 million.

We've established that the Mets will owe about $81.98 million to the players they already have in-house. We have also heard from Omar himself that the payroll will be about the same as it was in 2006. If the Mets payroll is about $105 million, the Mets would have roughly $23 million to spend with Omar probably able to stretch it up to $110 for about $28 million to spend if he needed Wilpon to reach deep down for the 'right guy'. Before anyone gets all mad and starts calling Wilpon cheap, he just finished paying Nelson Doubleday $137.9 for sole ownership of the Mets and assumed additional debt worth approximately $57.6 million (added on top of his portion of debt which was the same) while gearing up to privately fund a stadium.

Tomorrow we can go over a few scenario's in which that money can be allocated that will include the non-optimal ones, but ones that fans are pushing for nonetheless.

* * *

  • The Mets are interested in Mark Loretta which was to be expected.

    According to Garber, playing for a contender is Loretta's top priority. The 35-year-old Loretta hit .285 with five homers, 59 RBIs and a .345 on-base percentage this past season with the Red Sox. He is a career .299 hitter, with his best year coming in 2004 with the Padres when he hit .335 with 16 homers. Defensively, Loretta only committed four errors this past year, tying for second-best among AL second basemen.

    Meanwhile, Jose Valentin's agent, Dave Elston, said yesterday that he spoke to Mets special assistant Tony Bernazard on Friday and that the parties would speak further.

    Elston said he was "cautiously optimistic" about Valentin re-signing with the Mets. He admitted, though, that "half a dozen teams" have inquired about the free agent second baseman.

    Loretta made $3.25 million in '06 and would probably be slated to make about the same in 2007. His slg% was .361 in the AL East which has it's share of offensive parks and .347 in 2005 with San Deigo. He did manage to slug .441 and .495 in 2003 and 2004, but I think he was aided a bit in those years being he never topped seven homers until he knocked 13 and 16 in back to back years. He hits righties and lefties equally and does not figure to be a platoon partner with Jose Valentin, but Valenin is intriguing in that he can play the outfield as well as all of the infield positions. The Mets might try and bring Valentin back as a utility player, but we all know he did not light the world on fire off the bench in '07.

  • Pedro ain't going to graze in no pastures.

    "Every indication that I got is his shoulder is feeling great, that he's got good range of motion and just that his rehab is going well," Cuza said yesterday. "We're on schedule, maybe ahead of schedule."

  • In Japan:

    Jose Reyes went 1-for-5 with a run scored and David Wright was 0-for-1 as the MLB team took a 2-0 lead in the five-game series.

  • Mark Mulder? The Mets are still interested.

    Mulder is "about three weeks ahead of schedule" on his rehab program, Clifton said, and Mulder should begin a throwing program around New Year's and be ready to throw off a mound March 1. "He's pretty optimistic, because he's feeling good and the doctors and physical therapists are happy," Clifton said. "He had some fraying and a small tear, not a complete tear. It's not a Pedro (Martinez) situation."

    I still think he is more of a last resort than anything. Omar checks into every single warm body out there so to see the Mets associated with a free agent is not really shocking.

  • Manny Acta will not be coaching the Rangers in '07. Instead, 300 year old Ron Washington will.

  • Gary couldn't scare the Yankees into not picking up his option and it will be interesting to see what he fetches in return. When healthy, the guy flat out produces. He produces alright but with a lot of distractions along the way. If the Yankees hold onto their chip, they could capitalize off some desperation, but it is hard to see them getting someone to significantly overpay for him.

  • Thanks to Scott for pointing this out.

    For those of you who are confused about this project it was made entirely as an artistic pursuit and not for any commercial gain. At its core, the piece is satirical in nature and although elements of truth exist the project aims to excite, provoke, and entertain for the purposes of education. It is the creators’ belief that through the use of humor and gross inaccuracy that a certain truth can be gained. In this case the filmmakers have chosen Keith Hernandez as a subject in order to make a social commentary. The filmmakers have a great respect for Keith Hernandez as a baseball player, announcer, and personality. It is their hope that if you have enjoyed this site and the film that you will donate to the Alzheimer’s Association a charity supported by Keith Hernandez.

  • The Yankees were reported to have interest in Jeff Suppan now that he is Playoff Proven ™. I would love for this to happen because he would be a complete disaster over there.

    Anonymous rick m said...

    That Hernandez film was awesome, good find!

    12:27 PM

    Blogger Itsmetsforme said...

    Nice work on the budget. But they came so close, I think Fred can taste it so he might be tempted to act without restraint if the chance presents itself. I think the thing that most excites me is seeing if Minaya can pull another another doosey in the "Scrapheap" department. All I know is when this year's Endy or stash, or Maine or Ollie, report to camp, I'll give them the benefit of the doubt.

    Shawn Green might be a relative bargain, but he should still give some of his money to endy and red ass. I'd say we got about $2 million/yr performance out of him, prorated.

    Hey and great minds think alike--I made the Mex movie the centerpeice of my blog yesterday, and adapted the exact same quote as my mantra! I wonder whether we want to let Keith become a kitchy cult figure or not--I'll have to have a budweiser and think about it. I hope you'll come over and evaluate the new layout--i feel as though i may be providing actual content lately, but i cant be sure.

    Yees (rubs hands together)
    Not only should some team be able to take advantage of them in the shef matter, but they look like they will resign moose, and, as you note, signing Suppan would likely be a disaster.hehahehheha.
    We need them to keep paying pitchers for the prior year's performance. And keep on in the same cursed Yankme direction, not winning any world series. So satisfying. Mmmm.

    2:50 PM

    Blogger mr. met said...

    I agree Fred might extend to $110, but I cannot see them going for broke and making what they deem as bad investments just to go for it. They will try and improve the team, but within the framework they are currently built on. They feel the CORE is there, they just need to add and ace and decent guys in LF and 2b.

    Keith is welcomto become cult figure. He's a hero of mine.

    3:36 PM

    Anonymous MetFanInUtah said...

    I totally agree Suppan would get rocked playing in the AL for the Yanks, by all means I hope they get him and overpay him. Hopefully they don't learn anything from siging Pavano and Wright!

    5:05 PM

    Anonymous seattle steve said...

    Our budget should be set at the max allowed before one has to pay a luxury tax, with this team avg, 40K a nite, plus there sports channel raking in the $$$$$ there is no excuse that they should spend it all wisely. I would hold back maybe 6 mil for late seson acquisitons.

    5:20 PM

    Anonymous Scott said...

    Suppan to the Yankees...oh happy days!!! He will be shelled relentlessly!!!! What a great fit, go get him Cashman!!!

    The Hernandez mocumentary is hilarious and every Met fan should see the Mex in full glory.

    Still like Mulder for his upside. I hear the O's are deeply interested though and with rockin Leoto straighten him out he will be great again.

    5:36 PM

    Anonymous Scott said...

    Mark Lorreta? Huh? What is he bringing to the table for $4m that the stache won't? Save a mil and sign the stache.

    How about an el cheapo trade with the Red Sox for Clement? He has been a disaster up there and might be interested in Green + lower prospect just to get rid of Clement. He needs some work with Rick but he could be our #2 pitcher for years to come.

    6:15 PM

    Blogger mr. met said...

    Scott...I actually still like Clement. He could be a nice reclaimation project of all else fails and Omar needs to get creative. I can see Omar making a deal like that. He still has dominant stuff, but getting smashed in the face has a way of ruining careers.

    9:20 PM

    Anonymous benny said...

    I love Omar. He embodies everything I like in a GM. Not spending pointlessly big, he's VERY smart on who he spends on.
    He spends on impact players not mediocre players. The only "mediocre" players he spends on are those low risk/high reward types. Those good ol' fashioned minor league contracts.

    I like Loretta. But I like Lugo more. I'd make Loretta plan B. But I'd be real happy with him.

    Haha, playoff proven. Havn't the Yankees learned ANYTHING!? JEFF FUCKING SUPPAN? The man with a 4.60 career ERA? and it would have been higher if not for his past 3 years in the NL. Sill fools.
    Let them sign Suppan for 3 years or maybe more. It'll be a mess.

    And for no other reason, I just wanna say DAISUKE MATSUZAKA!!!!

    10:36 PM

    Anonymous Captain Obvious said...

    They had a chance to sign Clement two years ago and passed. Oliver Perez is the Mets' main pitching project right now. They won't complicate matters by adding another one.

    By the same logic they won't be going after Mulder. They need a guy who can be 100% on the first day of the season.

    12:20 AM

    Blogger mr. met said...

    Well, I do think we all are thinking in regards to plan Z. There are plenty of better choices then Clement, but the Mets need to upgrade somehow. Running back out there with the same rotation could be very bad and at 2 years $16 million, Clement won't break the bank.

    I repeat...he would be plan Z behind Daisuke, Schmidt, Garcia, Other trade, Zito, etc.

    7:41 AM

    Blogger chris said...

    Thanks for the budget info. It is always the limiting factor for the FA stuff. If the Mets do go up to $110 or so, giving them about 28 mil to spend, you have to figure they will spend about 12 mil of the available space on their own guys like: El Duque, Bradford, Oliver (maybe), Valentin and Woody. Figure $12 mil per on D-Mat, $4 on Loretta and they are done. That leaves a trade option for left field... maybe a guy like Baledlli for Heilman, Bell and another prospect?

    Knowing the money definitely impacts on the carlos Lee, or Soriano scenarios. Pitching would still be in play (around 12 mil for Zito or someone) if they don't win the bid and sign D-Mat.

    That is why I figure Omar will move prospects this year for pitching and outfield help.

    11:27 AM

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