Breaking: Mets to Make Formal Offer to Bay

Sports Illustrated’s Jon Heyman is reporting via Twitter that the New York Mets plan on making a formal offer to Free Agent outfield Jason Bay as soon as this afternoon.

This comes as a surprise as the Mets did not seem to be in the running for Bay’s services. More on this situation as it develops.

 3:54 PM UPDATE — The Mets have reportedly offered Bay four years at $65 million. Not that far off from Boston’s original offer. They’ll probably have to bump it to five years to land him.

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