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.

The Cubs are considering a sportsbook at Wrigley Field

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With the nationwide ban on sports gambling gone — and with sports gambling regulations slowly being implemented on a state-by-state basis — any number of businesses are considering getting in on the action. Among those businesses are the Chicago Cubs.

ESPN reports that the club is considering opening gambling facilities in and around Wrigley Field which might include betting windows, automated kiosks or, possibly, a full, casino-style sportsbook. They’re characterized as preliminary discussions as the team awaits the Illinois governor’s signature on recently-passed legislation allowing gambling. The Cubs aren’t commenting, but a source tells ESPN that nothing has been done yet. It’s just talk at the moment.

If the Cubs move forward from the talking stage it will cost them a pretty penny: a four-year license will, under Illinois’ new law, cost them $10 million.

Now: let’s see the White Sox take some action this year. I can think of nothing more fun than sports gambling at what was once Comiskey Park on the 100th anniversary of the Black Sox scandal.