For what it's worth, from Rubin's Mets Blog:
"Ryan Ludwick reportedly will return to the Cincinnati Reds for two years, $14 million.
Ludwick was on the Mets' radar, since they desperately need righty-hitting outfield bats. So why did the Mets not go to that level of bidding?
One team insider said that price is too steep for that caliber of player, and it's almost fortunate the Mets do not have money to spend if that's the market price. Another team insider said that was Ludwick's price to remain in Cincinnati and it would have been higher to head to New York.
So where do the Mets go from here for outfield help?
A team insider said piecing together two righty-hitting outfielders from the free-agent market is doable, although the dwindling list includes few names: Scott Hairston, Cody Ross, Jeff Baker, Austin Kearns, Reed Johnson and Matt Diaz among them. The Mets insider added there are trades available for the Mets to accept that would yield similar talent."
So $7 million is too steep for an everyday, right handed outfielder with pop? Super.
What happened to the deferred Bay money?