Back to the New York Mets Newsfeed

New York Mets: David Wright frees up $6 million for ownership

According to Cot’s Baseball Contracts, the New York Mets will save $6 million on David Wright’s contract this year after removing him from the 40-man roster. Wright will defer the money until 2021.

“Upon removal from 40-man roster 1/7/19, Wright assumed a special assistant role in the Mets’ front office and agreed to restructuring of his 2019 salary, receiving $4M in advance (to be paid 1/10/19), deferring $6M at 2.5 percent interest compounded monthly (to be paid in three $2M payments due each July 1, 2021-23, with interest paid 12/31/23), and receiving the balance of his 2019 salary during the 2019 season”

So the Wilpons are planning on investing this $6 million back into the roster, right?