Mets

Mets To Pay For Wright’s Eight-Year Contract Through 2025

David Wright (credit: Marc Serota/Getty Images)

David Wright (credit: Marc Serota/Getty Images)

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NEW YORK (CBSNewYork/AP) — David Wright, who turns 30 on Dec. 20, will have to wait until 2025 to receive all the money from his $138 million, eight-year contract with the New York Mets.

The deal includes $15.5 million in salary that is being deferred without interest. The money is to be paid in equal installments of $3.1 million each June 30 from 2021-25.

Wright’s previous contract called for him to make $16 million next season, and the All-Star third baseman’s 2013 salary was reduced to $11 million, of which $3 million will be deferred. That means the Mets will have an $8 million cash savings next year.

Wright makes $20 million in each of the following five seasons, with $2.5 million deferred each year. His salary drops to $15 million in 2019 and $12 million in 2020.

A six-time All-Star, Wright would get $500,000 if he wins the NL MVP, $1 million for his second MVP award and $1.5 million for his third or more. He would get $200,000 if he finishes second through fifth in the voting.

He gets $100,000 bonuses for making the All-Star team, finishing with the most votes among NL players, earning a postseason MVP or player of the year award from Sporting News or Baseball America, winning a Gold Glove, winning a Silver Slugger and earning a Hank Aaron award.

Wright would get $150,000 if he’s the league championship series MVP and $250,000 if he’s the World Series MVP.

He also has provisions for two awards that don’t currently exist: $150,000 for division series MVP and $100,000 for Associated Press MVP or Player of the Year.

Wright has won two Gold Gloves, compiling a .301 career average with 204 home runs and 818 RBIs in 8 1/2 Major League seasons. He is the club’s career leader in several major offensive categories, including hits, RBIs, runs and walks.

Wright will donate 1 percent of his base salary to the New York Mets Foundation, and the charities will be jointly chosen by him and the team.

Many details in Wright’s contract were first reported by ESPN.com.

Last year Wright batted .306 with 21 homers and 93 RBIs last season as the Mets went 74-88 and finished fourth in the NL East for the fourth straight year. He also had a .391 on-base percentage to go with 41 doubles and 15 stolen bases.

(TM and Copyright 2012 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2011 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)