The New York Mets are one of the most dysfunctional franchises in sports, and their shadiness as an organization is at another level.
Outfielder Yoenis Cespedes just opted to have season-ending surgery on his heels, and he won't return until sometime at the midway point in 2019 as long as there isn't any setbacks. So, because of all the time Cespedes gonna miss, the Mets aren't going to have to pay his full salary due to an insurance policy they have on his contract.
The Mets say they have an insurance policy on Yoenis Cespedes' contract. When asked if the Mets have the ability to reinvest the money saved into player payroll, John Ricco said the team has not yet revised its baseball operations plan.— Anthony DiComo (@AnthonyDiComo) July 25, 2018
It's bad news they are going to be without Cespedes, but at least they can use that money they aren't paying him to upgrade the team, right? Wrong.
For reference, the Mets recoup 75 percent of David Wright's contract via insurance. Jeff Wilpon said in January that he considers Wright's entire contract part of the payroll, and so the team does not reinvest money saved via insurance into baseball operations.— Anthony DiComo (@AnthonyDiComo) July 25, 2018
If we take a look at David Wright, who hasn't played since 2016, the insurance company is paying 75 percent of his contract, which including the 2018 season has $47 million remaining.
That's quite a bit of cash the Mets could be using from a baseball operations standpoint, but their COO Jeff Wilpon said they aren't using the money and counting it against the their payroll.
If history tells us anything, the Mets will do the same with Cespedes. So, what are they doing with that extra money? The only logical though would be they are pocketing that money for themselves instead of bettering the team and trying to win.