Chase Utley’s extension with Phillies worth up to $75 million

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Chase Utley’s contract extension with the Phillies is officially a two-year, $27 million deal, but Ken Rosenthal of FOXSports.com reports that the second baseman can earn up to $75 million depending on what happens with vesting options.

According to Rosenthal the contract includes three vesting options for $15 million each in 2016, 2017, and 2018, which are triggered if Utley reaches 500 plate appearances in the previous season. Utley will be 35 years old in a couple months and hasn’t topped 500 plate appearances in a season since 2010, so it’s certainly an interesting contract that includes other incentives and buyouts that could bring it to a maximum of $75 million over five years.

If he stays healthy and effective the Phillies would gladly pay him $15 million per season, but the vesting options remove just about all the risk from the team’s point of view. Beyond paying him $27 million for ages 35 and 36, of course, which certainly carries plenty of risk in itself. Check out Rosenthal’s full breakdown for all the other details, including what happens if Utley doesn’t reach 500 plate appearances and the Phillies get team options for those years.

Report: Mets have discussed a Matt Harvey trade with at least two teams

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Kristie Ackert of the New York Daily News reports that the Mets have discussed a trade involving starter Matt Harvey with at least two teams. Apparently, the Mets were even willing to move Harvey for a reliever.

The Mets tendered Harvey a contract on December 1. He’s entering his third and final year of arbitration eligibility and will likely see a slight bump from last season’s salary of $5.125 million. As a result, there was some thought going into late November that the Mets would non-tender Harvey.

Harvey, 28, made 18 starts and one relief appearance last year and had horrendous results. He put up a 6.70 ERA with a 67/47 K/BB ratio in 92 2/3 innings. Between his performance, his impending free agency, and his injury history, the Mets aren’t likely to get much back in return for Harvey. Even expecting a reliever in return may be too lofty.

Along with bullpen help, the Mets also need help at second base, first base, and the outfield. They don’t have many resources with which to address those needs. Ackert described the Mets’ resources as “a very limited stash of prospects” and “limited payroll space.”