Mike Pelfrey's Contract Is Simple: If You Don't Play, the Mets Don't Have To Pay
I saw this interesting nugget a few days back and simply forgot to post it. As some of you may remember, the Mets drafted Mike Pelfrey with their ninth overall selection in 2005 and then signed him to a four year major league contract worth more than $5.3 million in guaranteed money.
"Mike Pelfrey's contract calls for him to make $3 million this season, but because that original deal upon being drafted expires and he falls short of the service time required to qualify for arbitration, that salary would drop to $500,000 in 2010."
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