There is a great debate amongst Mets fans as to what to do to with Beltran beyond the simple trade or keep him; stay in center or move to right, trade him now or wait to the deadline...
Many have come to the conclusion that Beltran will be unmovable without eating a large chunk of his contract and the Mets may not be in the financial situation to do that this season. Beltran's contract might be easier then thought to move or for the Mets to accept eating a portion, if they decide to move him.
It's true Beltran is due 18.5MM for the 2011 season however according to Cots contract 5.5MM of that is deferred with compounding interest, but there are no specifics on when it matures.
So the Mets and the interested team could effectively be working on the premise that they are dealing with a 13.0MM contract and worry about the rest later. That could cost the Mets much less in financial considerations during the trade and even if they kept the responsibility for the deferred salary it would be paid when the Mets are in a better financial situation.
$5M at signing 1/05, $2M 6/15/05, $2M 1/15/06, $2M 1/15/07If the Mets sent 5MM with Beltran and kept responsibility for the deferred money, the team acquiring Carlos would be paying 8MM and the Mets would be paying 5MM up front, neither amount is astronomical. Depending on when payments begin to be made on the deferred money, the Mets could be hedging their bets that they will be in better shape financially at that time. Overall using this method the Mets may pay more of Beltran's contract then if they sent some portion of an 18.5MM contract up front, but in their current situation they would gain flexibility through the deferment.
05:$10M, 06:$12M, 07:$12M, 08:$18.5M, 09:$18.5M, 10:$18.5M, 11:$18.5M
full no-trade clause
$22M ($5.5M annually from 2008-11 salaries) deferred at 1.72% compounded interest
club agreed to not offer arbitration after 2011 season
source Cots Contract