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Darryl Strawberry contract up for auction by IRS

Darryl Strawberry lays down his bat at the

Darryl Strawberry lays down his bat at the plate as he watches his leadoff home run in the second inning against the Montreal Expos at Shea Stadium. (July 12, 1988) Credit: AP

ST. LOUIS - The Internal Revenue Service is auctioning the deferred compensation agreement that was part of Darryl Strawberry's 1985-90 contract with the Mets to satisfy taxes owed by the former All-Star outfielder.

The IRS said in a statement yesterday that the agreement is worth about $1,279,000. The minimum bid is $550,000 in the auction, which is scheduled for Jan. 20 at the IRS office in Fairview Heights, Illinois.

Mail-in bids must be received by Jan. 16.

Chief U.S. District Judge M. Casey Rogers in Pensacola, Florida, issued an order Sept. 5 that the agreement be auctioned to satisfy tax liens for Strawberry's federal tax debts for 1989, 1990, 2003 and 2004.

A payment of 20 percent of the minimum must accompany the bid, and the remainder is due within 60 days of the bid's acceptance.

The auction was first reported by ESPN. -- AP

New York Sports