Read: Santana’s Contract, Value and Insurance

by Matthew Cerrone on February 7th, 2008 at 1:23 pm

Appearing on the Max Kellerman Show, ESPN 1050’s Andrew Marchand said he was told the Mets will likely be unable to insure Johan Santana‘s contract against injury because of the length and amount of money given to a pitcher.

…well, this should not be a surprise…if you recall, i had been saying the cut off would likely be five years…santana is guaranteed six…so, there you go…

Speaking of Santana’s contract, according to Ken Rosenthal in an article for FOXSports.com, the present-day value of his deal is $123.1 million, not $137.5 million.

Lastly, in a report for SI.com, Tom Verducci explains that at 4:55 pm, five minutes before the deadline for a deal, Santana nearly walked away from the negotiations.

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