TODAY, 2:22pm: The Mets have officially announced that Alderson has been extended through 2017. The club also announced that Collins will return next year.
YESTERDAY, 2:32pm: Alderson’s new contract will cover the 2015-17 seasons, according to Jon Heyman of CBS Sports (Twitter links). The extension will technically be for two years, as the club will exercise his option and two more years to the deal.
2:05pm: Adam Rubin of ESPN New York reports that the Mets will announce an extension for Alderson after the season, and he adds that there will also be an announcement that manager Terry Collins has been retained (Twitter links).
1:38pm: Alderson’s contract extension will be for “about three years,” reports Andy Martino of the New York Daily News (on Twitter). However, the deal is not yet complete, and there are still details to be worked out, he hears.
1:25pm: The Mets will exercise their 2015 option on general manager Sandy Alderson and the two side are working toward a contract extension, sources tell Ken Rosenthal of FOX Sports (Twitter link).
Alderson, 66, was hired as the Mets’ GM following the 2010 season and signed to a four-year contract which contained the aforementioned option for the 2015 season. While the Mets have yet to have a winning season under his watch, Alderson has assisted the Mets in bolstering a farm system and stockpiling an enviable crop of young talent. Alderson acquired Zack Wheeler from the Giants in exchange for a two-month rental of Carlos Beltran, and he chose to trade R.A. Dickey rather than extend him following the knuckleballer’s Cy Young season in 2012. That move netted the Amazins top prospect Noah Syndergaard as well as current catcher Travis d’Arnaud. Last summer, after striking gold on a minor league pickup of Marlon Byrd, the Mets packaged Byrd and John Buck (also acquired in the Dickey trade) to land Dilson Herrera and Vic Black from the Pirates. Additionally, he appears to have made the correct choice in retaining Lucas Duda, rather than Ike Davis, as the team’s first baseman going forward.
Of course, not all of Alderson’s moves have panned out quite so well. The signing of Chris B. Young to a one-year, $7.25MM contract this offseason proved to be a failure, and while Bartolo Colon has pitched well enough to justify the first season of his two-year, $20MM deal, his $11MM salary for 2015 made him too difficult to trade this summer. Curtis Granderson’s four-year, $60MM contract has the potential to be a negative, though Granderson is in the midst of a torrid finish, perhaps giving hope that he can be more productive in 2015 than he was in an up-and-down 2014.
Alderson’s largest move to date has been the eight-year, $138MM extension signed by David Wright. While “Captain America” looked well worth the money even in an injury-shortened 2013 — he batted .307/.390/.514 with 18 homers and 17 steals — Wright’s power vanished in 2014, which eventually proved to be his second straight injury-shortened season. The 31-year-old batted .269/.324/.374 with just eight homers this season as he battled shoulder and neck problems that finally caused his season to conclude on Sept. 8.