Report: Mets To Sign Lugo, Release Redding

Tim ReddingThe Mets are reported to be continuing their “hold on” strategy for this season by working out Julio Lugo in the Dominican Republic. Lugo was designated for assignment this week by the Boston Red Sox. There’s no way that any team is going to claim him, and highly unlikely that he can be traded within 10 days before he has to be released. Lugo’s contract is huge, $9M this year and $9M next year that could vest into $9M for 2011 as well.

The Daily News is reporting that to make room on the roster for Lugo, the Mets will release Tim Redding. He’s been a complete bust of a free agent. The Mets will have to eat the rest of his $2.25M salary for this season. Redding is 1-3 with a 7.22 ERA and recently lost his spot in the rotation and hasn’t fared well in the bullpen. The Mets haven’t been happy since day one with Redding when he showed up in spring training reportedly 20 pounds overweight and injured.

Lugo is 33 years old and doesn’t add anything significant to the Mets. This is a move just to help them complete the rest of their games this season, not win the games. Don’t hold your breath for Roy Halladay, Matt Holliday, or any other difference makers at the trade deadline. This isn’t the Mets year and the front office knows it.

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