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Mets, Lindor Agree to 10-year, $341M Extension


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https://www.mlbtraderumors.com/2021/03/mets-to-extend-francisco-lindor.html

Well, the pipe dream of signing Lindor is now over.

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The deal is in the $340MM range and contains deferrals, per Heyman. It’s a ten-year, $341MM deal, reports Anthony DiComo of MLB.com (Twitter link). The deal contains a limited no-trade clause with no opt-outs, per Andy Martino of SNY (via Twitter). It begins in 2022, per Bob Nightengale of USA Today.

 

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  • rmc523 changed the title to Mets, Lindor Agree to 10-year, $341M Extension

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The deal contains about $50MM in deferred money, hears Joel Sherman of the New York. It comes with a $21MM signing bonus, per Sherman. Lindor will earn a flat $32MM in each season from 2022-31, with $5MM of that salary deferred each year to be paid from 2032-41, per Sherman. The no-trade clause covers 15 teams, Sherman adds.

 

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Buster Olney on Twitter: "Between Francisco Lindor's 2021 salary and his $21 million signing bonus -- which he'll receive this month -- his $43.3m compensation will be the most ever for any MLB player in a calendar year, ever. Given the looming labor uncertainty, it was smart for him to be paid up front." / Twitter

 

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