Jason Bay’s “buyout” or whatever we want to call it from the Mets is gonna turn out to be a pretty good deal for him. Rather than some lengthy, Bobby Bonilla-esque buyout, Jon Heyman reports that he’ll be paid all of his money — all $21 million he was still owed on his deal, which originally ran through 2013 — by the end of 2015:
Neither side would comment on the deferred payments, but sources familiar with the deal say the short deferral — the deferred monies are to be paid in five installments — means the present-day value of the contract is worth only about $850,000 less than the full $21 million. Had the team simply cut him, they would have had to pay him all the money by the end of 2013.
So if he makes $850,000 or more in 2013, which is totally possible, he’s ahead of the game.
The Mariners acquired Yankees’ right-hander Nick Rumbelow in exchange for minor league righty Juan Then and left-hander JP Sears, per an official announcement on Saturday. Rumbelow made 17 appearances for the Yankees in 2015 before undergoing Tommy John surgery and could provide some bullpen depth for the Mariners in 2018.
The 26-year-old right-hander spent the majority of his 2017 season in Triple-A Scranton/Wilkes-Barre, where he delivered an 0.62 ERA, 2.5 BB/9 and 9.3 SO/9 over 29 innings. The Yankees didn’t rush Rumbelow into a full workload after he missed the 2016 season recovering from Tommy John, but he didn’t appear to have any significant setbacks with his health or performance and should be ready to compete for a role next spring.
Sears, 21, was ranked 21st in the Mariners’ organization by MLB Pipeline. He was drafted in the 11th round of the 2017 draft and features a deceptive, low-velocity fastball that he can throw for strikes to either side of the plate. In his first year of pro ball, he split 17 games between Short-Season A Everett and Single-A Clinton, turning in an 0.65 ERA, 3.9 BB/9 and 16.6 SO/9 across two levels.
Then, 17, also completed his first year of pro ball after signing with the Mariners as a free agent. He went 2-2 in 13 games of rookie ball, pitching to a 2.64 ERA, 2.2 BB/9 and 8.2 SO/9 in 61 1/3 innings. Neither Sears nor Then will take the mound for the Yankees anytime soon, and offloading Rumbelow to the Mariners should clear up some room on New York’s 40-man roster as they prepare for the upcoming Rule 5 Draft.