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Mets, Yoenis Cespedes agree to waive release clause in contract

The Mets will have longer than just five days after the World Series to negotiate with the outfielder.

Evan Habeeb-USA TODAY Sports

Yoenis Cespedes and the Mets have agreed to re-work the outfielder's contract, removing the clause that would have given the team only five days after the World Series to either re-sign or release him. A release of the outfielder would have precluded the Mets from signing him until May 15, 2016. In other words, it is now within the realm of possibility that the Mets and Cespedes could agree to a long-term deal this offseason.

While this does not necessarily indicate that the Mets are willing to spend the kind of money it would require to re-sign Cespedes, the alteration of his contract gives them more time to figure that out. It should also be noted that it will be in Cespedes's best interest from a financial standpoint to have as many teams in on the bidding as possible.

Still, the removal of this clause seems like a good thing for fans who would like to see Cespedes in orange and blue for the foreseeable future. On the season, the fan-favorite is hitting .298/.333/.550 with 31 home runs, including 13 with the Mets since he was acquired from the Tigers at the trade deadline. He will turn 30 in October.