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Audio: Alderson Talks About Decision To Release Oliver Perez »
Oliver Perez confirms he’s been released.less than a minute ago via EchofonAdam RubinAdamRubinESPN
3/21/2011-8:37am at 8:37 am (UTC -4)
3/21/2011-8:40am at 8:40 am (UTC -4)
So, it’s over.
Now I expect we’ll be saturated with Beltran posts with a little Santana thrown in to start.
3/21/2011-8:41am at 8:41 am (UTC -4)
Oliver’s reaction per ESPN:
“When they told me, I almost knew what they were going to tell me,” Perez said. “It’s one of those times you don’t feel great, but I don’t want to quit. I think I’ve got more in my career.”
Perez indicated he believed he got a fair shot from the Mets’ new regime.
“I think they gave me an opportunity,” he said. “They were fair with me when I came here. ‘We’re going to give you an opportunity to be a starter.’ I didn’t do anything great. They moved me to the bullpen trying to be a lefty specialist. And the last game, that was a real horrible job.”
3/21/2011-8:45am at 8:45 am (UTC -4)
If only he was this accountable last year maybe (highly doubt it) there would of been a different result.
3/21/2011-8:48am at 8:48 am (UTC -4)
Have to wonder how much of last year was Boras?
3/21/2011-8:52am at 8:52 am (UTC -4)
Oh I’m sure he had his hands all over it but Ollie is the final decision maker.
3/21/2011-8:59am at 8:59 am (UTC -4)
Not so sure about that. Remember Ollie has been said to mostly be like a kid. I am sure he looked to Boras for guidance. Got to remember Boras got him 36M, I would trust him too.
3/21/2011-9:32am at 9:32 am (UTC -4)
Well then his decision was to pass the buck. Thus my original statement.
3/21/2011-8:46am at 8:46 am (UTC -4)
Ollie ollie oxen free !!!
So considering Castillo is a Philly? Will Ollie be a Yank?
3/21/2011-9:01am at 9:01 am (UTC -4)
The thought crossed my mind but I quickly discounted it.
I have to assume the Yankees have some competent scouts over there. They can’t possibly think they can ‘fix’ Ollie.
I’ll never understand how someone in their late 20s with no apparent arm problems can lose at least 7 mph on their fastball. I don’t think Ollie has any clue either. I’m thinking his career might be over – or heading that way.
3/21/2011-9:28am at 9:28 am (UTC -4)
Mechanics. (and perhaps not long-tossing, like REAL long. Peterson says that’s one of the things you do to build velocity as i understand it) But I think you generate velocity based on mechanics and motion, and if you hurt your knee and lose all that muscle memory and rhythm, it might be hard to replicate, especially when you’re you appaer to be a bit of an ADD case and lose focus. (Athough why he was throwing 3-4 mph slower than the Mexican leagues 2 months ago, who knows..)
On one hand, I could see the Yanks trying to pick him up, because I suspect a change of scenary will help, and if it’s done without the pressure of making a team/results and just working on mechanics and not worrying about the stats, i could see him returning one day. But the Yankees already have Burnett so they probably would rather someone that’s not like him.
3/21/2011-9:53am at 9:53 am (UTC -4)
Probably for Maine too.
3/21/2011-9:55am at 9:55 am (UTC -4)
Maine? I doubt it. If he was, then everyone including Johan was.
Maine was fine until he shredded his shoulder, and the doctors screwed up fixing it. after that, never the same.
3/21/2011-10:00am at 10:00 am (UTC -4)
he’s doing so-so with Colorado. Looked at the stat line but it’s hard to tell what it means in 5ip. gave up a lot of unearned runs. but he’s still just getting early work in, and I don’t know what his role will be (gonna start in the minors? i think he started for 2innings and the other three were relief) I’m actually surprised the beat writers aren’t talkinga bout it. they’re usually all over the former Mets updates.
Steroids? who knows. I doubt it was steroids due to testing and not HGH or something untested but it’s certainly possible of all of them. every single player. the best ones are the ones that are better at not getting caught.
3/21/2011-9:38am at 9:38 am (UTC -4)
I am convinced steroids had a play. Not because of the possibility of adding MPH but it allowed him to prolong his “peak” and remain in the majors longer. There are so many players that are only able to last 1-2 years in the majors. They are just not good enough but when their abilities reach their apex they can make it for a short window. I think that could be said of Perez.
In the end I wonder if he never pitched game 7 of the NLCS how different the results could be?
3/21/2011-9:44am at 9:44 am (UTC -4)
well, if endy hadn’t gone over the fence, he would have been the losing pitcher, so what if?
3/21/2011-8:55am at 8:55 am (UTC -4)
On the Mets 2011 payroll.
Oliver Perez 12M
Luis Castillo 6.25M
Gary Matthews JR 1M
Bobby Bonilla 1.19M
3/21/2011-9:02am at 9:02 am (UTC -4)
Well, at least Iggy still has a chance to contribute.
3/21/2011-9:40am at 9:40 am (UTC -4)
Iggy will be up at some point. He has looked good this spring.
and of the others, they all expire after this season, other than “you know who”
Oh damn GMJ you just can’t go away either.
3/21/2011-9:51am at 9:51 am (UTC -4)
In looking up the specifics of Bonilla’s buyout the WSJ reported that the Mets are on the hook for 250k a year for 25 years to Saberhagen that started in ’04. Did anyone else know this? Are there others?
3/21/2011-8:57am at 8:57 am (UTC -4)
3/21/2011-8:58am at 8:58 am (UTC -4)
eDaPS [Moderator] 29 minutes ago
Yup. He’s gone. Now we can focus all of our energy on making stuff up about Beltran.
3/21/2011-9:10am at 9:10 am (UTC -4)
More likely we can focus on reading what the beat writers can imagine about Beltran, starter Luis Hernandez, and already-shut down Johan…..
So, now we’re down to 36.
3/21/2011-9:21am at 9:21 am (UTC -4)
Things happen in 3′s. Castillo… Ollie…. What’s behind curtain # 3?
3/21/2011-9:41am at 9:41 am (UTC -4)
release of a big name/big money type? Don’t think any.
so I will pick Beltran getting shut down for the year to go have more surgery!
3/21/2011-9:45am at 9:45 am (UTC -4)
I was more thinking about good things happening in general. If you want to include Beltran, than I’d say “an injury to another team and said team puts a lot of interest into Beltran.” Now that would be a solid #3!
3/21/2011-9:49am at 9:49 am (UTC -4)
Releasing Ollie and Castillo is not ‘good’, it’s merely ‘not bad’.
It’s also not “Christmas”. Unless your idea of Christmas is “Unless we win the lottery, we’re not getting anything new this year, and we may have to use last years broken toys as well.” We threw out the broken toys, but that doesn’t actually make anything better.
Addition by subtraction. Plus, you’ve added something that’s been lacking. Accountability. The new sheriff in town ain’t taking crap, so it’s shape up or be shipped out.
Where’s the optimist we’ve come to know and love? I want to hear stories of sugarplums dancing and deserving players playing on the roster. On Dancer (Reyes), on Prancer, on Donner, on Murphy!
3/21/2011-10:02am at 10:02 am (UTC -4)
that depends, no Luis Hernandez please. he’s not deserving.
much like momentum is only as good as your next days starting pitcher, addition by subtraction is only as good as the replacement. If it’s Pat Misch instead of Ollie? I’m not thrilled.
I’ve got lots of optimism though, I saw a ton of awesome stuff down there and had a blast. If i wasn’t at work i’d be writing it all up and posting the awesome pictures and all that. Lots of fun stuff. Meija acting as ball boy in a minor league game for instance.
3/21/2011-10:05am at 10:05 am (UTC -4)
I’m jealous, my man. Sounds like a blast. Love open aired games with the beautiful weather like. If I don’t catch it right, I don’t see any outdoor games in Houston. It’s like a billion degrees by Mid May, so they close the roof and play in the A/C.
Looking forward to those pics.
Oh, if you want good things, it will be that in the next couple of days Beltran trots out to RF, plays, and can keep doing it after that, and actually is feeling good on opening day!
3/21/2011-9:42am at 9:42 am (UTC -4)
Beltran will be the big focus now, since the only other thing going on is the 2B race, and I think that is pretty much settled (emaus/murphy will be handling it).
But my prediction for the next player to overly focus and obsess on, and get the villain treatment? Bay, when he comes out hitting with as much power as Castillo early in the year!
no way is the 2B settled. I don’t believe those reports. (especially as they vary so much)
I also saw three Mets games and failed to see Emaus. I’m thinking Turner has a shot too. But we’ll see.
3/21/2011-9:57am at 9:57 am (UTC -4)
I think the fact that Turner has options he’ll find himself starting in triple A with Emaus on the 25 man. I think the question is so unsettled right now they don’t want to lose anyone who might contribute during the short term.
I’m not sure Turner has distinguished himself that much more than Emaus has. Although I think Turner’s bat might be more of a better bet and I think he projects to be better with defense.
3/21/2011-10:04am at 10:04 am (UTC -4)
I lose track of who has options. Turner’s friends with Kai Gronauer and Scott Hairston. does that help him?
Isn’t playing Emaus because of rule5 and demoting Turner because of options not ” playing the best 25 guys” that we’re supposedly lauding Alderson for regarding Ollie and Castillo?
3/21/2011-10:09am at 10:09 am (UTC -4)
well, that battle is not exactly clear cut who is “better”. remember, the FO is not basing it just on ST, but also what the scouts say, and what they did in the past. So consider it a gray area maybe.
Besides, keeping talent in the organization does get factored in, and will always be the tie breaker.
3/21/2011-10:19am at 10:19 am (UTC -4)
on the other hand, they got Emaus for free, and could still possibly work out a deal.
I don’t think Evans is making the team for example, despite them probably losing him if he doesn’t.
3/21/2011-10:31am at 10:31 am (UTC -4)
It has to be someone that they want to keep, thinking they add value of course.
Evans may stay. Never know who will clear waivers at the end of ST.
actually, that is the downside to hoarding prospects like this. You end up with too many that you can’t keep, and it is hard to trade guys like evans but maybe they can flip him for something?
3/21/2011-9:59am at 9:59 am (UTC -4)
emaus started the last few games (one was a split squad). So he is getting time.
turner in theory could still take the job, but that would be a surprise.
I still see Emaus and murphy both on the roster, and both getting time, to start the season. Releasing slappy really took the mystery away.
On another note, I’m reading Cyclone’s SP prospect Mitch Houck had the same injury and surgery Johan did. He had it last Aug. He’s pretty sure he’ll be ready to go by ST next year.
a pretty sure for 10 months from now is really just a “I ope like hell I can ever pitch again”.
3/21/2011-10:03am at 10:03 am (UTC -4)
Might have posted this too far up for anyone to notice but thought it was important. TRS posted some contracts for inactive players and in looking up the specifics for Bonilla I found this team is paying saberhagen 250k for 25 years that started in ’04.
Wilpon’s are such a mess. They defer 5m on Bonilla and will end up paying 29m. Paying Saberhan 250k for 25 years?!? Looking it up it looks like in his last year with the Mets he was to earn a little over 5m so that’s what they are probably paying back which isn’t even close to as bad as the interest they are paying on Bonilla’s deferment.
3/21/2011-10:06am at 10:06 am (UTC -4)
Those deferred payments are actually smart moves by the Mets, but just further damage as a result of Madoff. The projections were t hat they’d be able to reinvest Bonilla’s 5million and turn it into well over 29m over the course of time. The problem of course is that they kept releveraging things and operating in debt (which many people do and isin’t odd) but the Madoff exposure came at roughly the worst possible time because of Citi Field.
In the case of Saberhagen sure. Not knowing all the details but in ’95 his salary was 5.5m. So if the deferment was for just that or a portion of that amount, 250k over 25 years (6.25m) is a great decision.
Bonilla’s was completely irresponsible. There is a interest rate of 8% which means they expected to have portfolio gains of roughly that amount or more. I don’t care how financially successful you are to have those kind of gains over that course of time is silly town.
3/21/2011-10:29am at 10:29 am (UTC -4)
I’m gonna send an email to my finance professor of last semester to see what he thinks!
3/21/2011-10:41am at 10:41 am (UTC -4)
Awesome I would love to hear from a financial expert. I completely get Ceet’s point but that final number makes my brain think it’s crazy. But I’m just a software guy so what the hell do I know.
OK so the question should probably be is it silly to defer 5.9m that was owed in 2000 into payments of $1,193,248.20m paid annually over 25 years starting in 2011 that comes to a total of $29.831,205?
3/21/2011-10:46am at 10:46 am (UTC -4)
the power of compound interest my friend. Not all that different than those retirement planning tools that show if you put 10K away today, in 30 years when you retire it might be worth 40K or some such. It really is just a simple annuity.
With Bobby Bo, someone (coop maybe) crunched the numbers, and IIRC it assumed a rate of return of ~7%. So not crazy, at least in 1990. Remember, the 6 mill has been (well, would have been if not invested with uncle Bernie) for the last 20 years, and only gets paid out in small amounts over the next 25, so it is a way longer horizon than even a mortgage.
3/21/2011-10:50am at 10:50 am (UTC -4)
This is the same tactic that Exxon/Moble is using against Alaska residents right now. They are fighting tooth and nail to hold onto I believe an extra 20m in payments for the last 20 years. So by their calculations it is still profitable to deal with lawsuits and invest that money.
3/21/2011-11:13am at 11:13 am (UTC -4)
Ah crud. the way I read it was he’d be on the payroll 25 years starting in 2000. Meaning if the payments started in 2011, they’d only be for 15 years.
3/21/2011-11:16am at 11:16 am (UTC -4)
The payments start in 2011. He was getting nothing from 2000 til now.
3/21/2011-11:17am at 11:17 am (UTC -4)
Nvm, they clarified at the bottom of the article. It’s 25 starting in 2011 like you said. Thanks.
3/21/2011-10:43am at 10:43 am (UTC -4)
I wish I had accurate Saberhagen numbers but shoot that as well if you can. I bet he would agree with that one.
yes, but there was no interest on it the past 10 years or whatever it’s been right? I suspect that _with_ Madoff based on the returns they’d been getting at the time it was probably a wise financial move. And it’s also another example of how much they trusted Madoff and how much risk they are/were in. I don’t know how something like that is factored into their case, if at all.
1.5mill in extended deferrals for those 2 stiffs is really almost irrelevant in terms of the budget for a team like the Mets. If anything, it is more just an embarrassment than a practical hindrance!
3/21/2011-10:47am at 10:47 am (UTC -4)
It’s an attitude issue. They have a big budget so they can just throw money around and now that attitude has them up against a 1 Billion lawsuit. Every million absolutely counts at this point.
2m extra would really be nice right about now. That’s a quality arm in the bullpen or a great role player but for 25 years that extra flexibility is gone.
3/21/2011-10:32am at 10:32 am (UTC -4)
‘Jason Isringhausen will be shut down today with right elbow inflammation. He took an oral anti-inflammatory medication Sunday. ‘
I just commented yesterday that I’m not sold on Izzy – either staying healthy enough and/or having enough gas left in the tank for a full season.
3/21/2011-10:33am at 10:33 am (UTC -4)
Anything he gives is gravy anyway. if it’s 20IP, that’s 20 more than we expected.
3/21/2011-10:35am at 10:35 am (UTC -4)
So no Ollie, Prob no Izzy. BP is shaping up quickly.
3/21/2011-10:39am at 10:39 am (UTC -4)
saw that. and also he felt a “pop” the other day in his shoulder that was supposed to just be scar tissue, and not a problem.
The odds of him handling a heavy work load were never that good.
If he can’t, just means you get acosta or Iggy instead.
I am still thinking Buccholz is the best option for the set up role, letting the others mix/match for the middle innings. At least with Beato, Acosta and parnell, they have some good FBs out there.
3/21/2011-10:44am at 10:44 am (UTC -4)
looks like the team is pretty much set now with Evans only making the team if Beltran is on the DL and Acosta, Isringhausen and Beato for the final 2 BP spots. Im sure they will attempt to make a deal to send Beato to AAA but if that can’t be done he’ll be on the team…
Izzy if he can move his arm by opening day you mean!
3/21/2011-10:48am at 10:48 am (UTC -4)
I think you are right.
And I would say Izzy, while a nice story, is prob the odd man out.
3/21/2011-11:08am at 11:08 am (UTC -4)
The divorce is finalized….time for HAPPY HOUR lol
3/21/2011-11:11am at 11:11 am (UTC -4)
shame you didn’t find your way to PSL Saturday!
3/21/2011-11:38am at 11:38 am (UTC -4)
Final stat-line for Ollie’s contract with the Mets:
3 years, $36 million
21 games started
100 walks in 112.1 innings (and 123 hits)
3 wins, 9 losses
3/21/2011-12:35pm at 12:35 pm (UTC -4)
Word from my finance professor on Bonilla:
“This was an insanely good deal for Bonilla, extremely bad for the Mets!”
He went on to do present value calculations, but he was using a slightly wrong payment amount, so I redid them myself:
Present value using a generous 10% discount rate: $10.8MM
Present value using a more realistic 6% discount rate: $15.2MM
Basically, the Mets were hosed from the start.
3/21/2011-12:40pm at 12:40 pm (UTC -4)
Now factor in the 66.6% interest they were getting from Madoff.
3/21/2011-12:43pm at 12:43 pm (UTC -4)
Haha, maybe they DO deserve to lose $1B.
3/21/2011-12:44pm at 12:44 pm (UTC -4)
Thanks man! The number just seemed to crazy to me. My feeling is Bonilla holds no hard feeling for the Mets…lol
Now knowing what we now know would anyone be for deferring Ollie and Castilo’s portion over the next 25 years?
For me even if it was closer to Saberhagan’s deal, I would rather the team just pay it this year and move on.
3/21/2011-8:39pm at 8:39 pm (UTC -4)
i agree, just get it over with. never a good thing to defer such as the Bonilla contract over 25 years, that’s just ridiculous.
3/21/2011-8:42pm at 8:42 pm (UTC -4)
Amazing when they bring up bad contracts in NY sports history that one never seems to get brought up.
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