Wow. Looks like he had another option no one knew about.
Signed through '07 and he'll get his 300th as a Met.
Tom Glavine is coming back to pitch for the Mets next season, meaning he'll very likely earn his 300th victory in a Mets uniform.
"We're going to pick up his option," one Mets decision-maker said Friday.
One of the smartest moves the Mets made was their quiet, heretofore-ignored agreement with Glavine to restructure his contract in March 2005. That's when they changed his deferred payment schedule and, without notice or fanfare, added an $11-million 2007 option, a distinct bargain for the resurrected Cooperstown-bound pitcher with 279 career victories.
Funny how this exact time last year we wouldn't have wanted him back for '06 let alone '07. I'll believe the '07 option stuff when the Met say its official. The only place that is talked about is in Newsday, not the official site or the other papers, and it hasn't been talked about on WFAN from what I've heard.
During spring training, Tom Glavine quietly deferred $3 million of the $10.5 million owed to him in 2006 until next year to help the Mets hold their payroll at $101 million.
The southpaw also had an '07 option added. If the team picks it up, Glavine would be guaranteed more than $11 million - including the deferred money.
He also has a player option, which includes a base salary that will be determined by how much he pitches this season.
One insider speculated that Glavine would return next year, but under contract terms negotiated after the season. The team option added during spring training includes a seven-figure All-Star bonus that could lift his salary too high to be palatable for the team.
Regardless, sources said the sides have a handshake agreement that team brass would not pick up the option if Glavine decides he wants to return to Atlanta next year. And while it's likely Glavine remains in Flushing, the southpaw wouldn't fully commit now. "At this point in time I would be more surprised to not be here than to be here," he said.