8:00pm: A source with knowledge of the situation told Andy Martino of the New York Daily News that the Mets have had no serious internal discussions about trading Wright (Twitter links). Though the Mets haven't ruled out signing Reyes, they won't be interested in making a $130-140MM commitment, according to Martino.
7:14pm: There has been plenty of speculation about a potential Jose Reyes trade this summer, but a source told Adam Rubin of ESPN New York that the Mets could choose to trade David Wright instead. That doesn't mean it'll be easy, despite what we can assume would be tremendous interest.
"It will be a very ticklish situation because of what David has meant to the team for so long, but that's not a concern of Sandy [Alderson]," said the source. "There will be some capital there to spend on Reyes if they choose to go that direction. Now, he can't obviously get monster money. If Reyes wants monster money, no, the Mets won't keep him."
Rubin says that the biggest obstacle in a Wright trade would be convincing COO Jeff Wilpon to sign off on a deal given his strong regard for the third baseman, both on and off the field. The source added:
"If they wanted to move Wright, there's no better time to move him than now, because there still will be teams out there thinking, 'Well, David Wright was sabotaged by the stadium. He's still a good player. He'd be a good fit where he doesn't have to be the guy,' which he's been here for so long. So they can get some return on Wright. Plus the fact that he has two years left on his deal, so you're not talking about long-term financial damage for any team that does pick him up."
The source also told Rubin that the most likely scenario has both Wright and Reyes ending the season with the Amazins, then they could try to re-sign Reyes to a deal of five years or less. Their hope, as unrealistic as it may be, is three years. If no deal can be reached, they would simply take the two drafts picks. Rubin notes that Reyes has reasons to stay in New York, namely the easy flights to the Dominican Republic and the fact that his kids are in school there.
We've looked at both Wright and Reyes at trade candidates recently, and also broke down what Fred Wilpon's recent comments meant for both.