Henry Blanco’s Contract Restructured by New York Mets

Posted: 10th December 2009 by Phil Hoops in MLB
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Last week, the Mets first dabbled in the free agent pool when they signed veteran backstop Henry Blanco to a one-year deal worth roughly $1.45 million. However, as Newsday's Ken Davidoff reports (hat tip to MLB Trade Rumors for the link), there were some red flags that popped up during Blanco's physical in regards to the condition of his shoulder. These question marks made the team leery of guaranteeing him as much money as they did. As a result, the team worked with Blanco's agent to rework the deal to the point where the catcher is now only guaranteed $750K. Interestingly, as Davidoff points out, Blanco can actually earn more money ($1.525 million) if he earns all of his incentives. Luckily for the Mets, some of the incentives are pretty much unattainable, as some of them would require ...

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Article written by Phil Hoops

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