The deal is pending the Mets and Santana reaching agreement on a six- or seven-year contract extension and that Santana passes a physical; they have been granted a 48 to-72-hour window to do so. Santana has a no-trade clause that he will waive if agreement is reached on a contract extension.
The Mets paid a high price in prospects to land Santana, agreeing to send the Twins outfielder Carlos Gomez and pitchers Phil Humber, Deolis Guerra and Kevin Mulvey.
This deal has a large impact on the Tampa Bay Rays in 2008 and for the next six or seven years. Only two other teams were reportedly in serious contention to acquire Santana, and both reside in the AL East (Red Sox and Yankees).
If Santana had landed with either Boston or New York, Santana would have made approximately four starts against the Rays. Unless Sandy Koufax, circa 1966, comes out of retirement and signs with the Red Sox or Yankees, the Rays now have a much better chance to win those four games. In addition, either team would have just acquired a pitcher that would have helped them maintain their level of dominance for the better part of the next decade.
The Rays just dodged a large bullet. Actually, the Rays just dodged four bullets the size of Bigfoot, and hopes for making the playoffs in 2009 or 2010 remain intact.