GM: “Jason Bay is not going anywhere, nor is his contract”

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Yesterday manager Terry Collins revealed that Jason Bay will no longer be an everyday player for the Mets, which led reporters to ask general manager Sandy Alderson if the team was considering simply eating the remainder of his contract while parting ways.

Alderson shot that down, telling Andrew Marchand of ESPN New York:

Certainly, there are times when it is appropriate to eat a contract. There are other times when it is not. Jason Bay is not going anywhere, nor is his contract.

This is the third season of a four-year, $66 million deal, so the Mets owe Bay about $5 million for the rest of this season, $16 million next season, and $17 million or a $3 million buyout for 2014. In other words, releasing Bay right now would involve eating $24 million, which is why the Mets will hope that he can provide some sort of value as a part-time player first.

Bay joined the Mets in 2010 as a 31-year-old with a career .280 batting average and .896 OPS, but since then he’s hit just .238 with a .695 OPS in 259 games, including .157 this year.

Giancarlo Stanton will defend his Home Run Derby title

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The Marlins announced on Sunday that outfielder Giancarlo Stanton will defend his Home Run Derby title when the city of Miami host’s the All-Star Game festivities next month.

Stanton, 27, defeated Todd Frazier in the finals of last year’s Home Run Derby at Petco Park, hitting 20 home runs to Frazier’s 13. Stanton hit a total of 61 home runs in the Derby. This will be the third Home Run Derby in which Stanton has participated.

Stanton also went 1-for-3 with a solo home run to help the Marlins defeat the Cubs 4-2 on Sunday. He’s now batting .274/.357/.551 with 20 home runs and 49 RBI in 311 plate appearances.

Aaron Hicks to go on the disabled list with an oblique injury

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Yankees outfielder Aaron Hicks left Sunday’s game against the Rangers after four innings due to soreness in his right oblique. After the game, Hicks said he expects to go on the 10-day disabled list and miss the next three to four weeks, MLB.com’s Bryan Hoch reports.

Hicks was 1-for-2 with a single before departing on Sunday. He entered the game batting .288/.397/.515 with 10 home runs and 37 RBI in 198 plate appearances. It is by far the best season of his career.

Jacoby Ellsbury is on his way back from a concussion, so the Yankees will only have to bridge the gap in center field for a week or two. Mason Williams could draw some starts in center field in the meantime.