Yoenis Cespedes, Mets Waive 5-Day Clause

A huge development in the Mets quest to somehow sign Yoenis Cespedes to a long-term contract. The clause that called for him to be released five days after the World Series has been waived.

According to the New York Post, both sides agreed to cancel it. Under terms of the old agreement, the Mets would have had only that short time to negotiate. Then, under terms of the Collective Bargaining Agreement, the Mets would not have been able to sign him until May 15 because a team that releases a player in the off-season cannot be resigned before that date.

This is great news for both the Mets and Cespedes. Of course, it gives the Mets more time to sign him. For Cespedes, it keeps the Mets in the bidding, which could drive up his price.

The odds are still remote that the Mets will want to give out a contract that could exceed $150 million. But at least now there is a little more hope.