10:50am: SNY’s Andy Martino tweets that there are “mixed signals” regarding whether there’s a firm deadline from the Mets to Bauer. Thosar tweets that there is not a concrete deadline in place, but a decision is nevertheless expected soon.
10:05am: The Mets have set a noon ET deadline on their current offer to free-agent righty Trevor Bauer, Joel Sherman of the New York Post reports (Twitter links). The current offer is a front-loaded, three-year pact in the $100-110MM range with opt-out clauses after years one and two, per Sherman. Bauer would earn upwards of $40MM in years one and two under the current proposal. Deesha Thosar of the New York Daily News tweets that the Mets do expect an answer from Bauer today.
Depending on the specific guarantee of the deal, that range suggests it’s possible for Bauer to set a new record for a contract’s average annual value. Anything north of $108MM on a three-year term would topple his former UCLA teammate Gerrit Cole’s current record of $36MM with the Yankees — albeit over a much shorter term than Cole’s nine-year commitment. Even if the total falls shy of that sum and Bauer narrowly misses an AAV record, if the Mets are indeed willing to pay upwards of $40MM in year one of the contract, that could represent a record in and of itself.
The Dodgers, according to Sherman, remain “in the mix” to sign Bauer, although MLB.com’s Jon Morosi indicated this morning that at least as of last night, it was the Mets who had the highest offer to Bauer on the table. While last night’s report from USA Today that Bauer and the Mets had a deal has been widely shot down, it does appear as though Bauer’s camp is nearing a decision on where he’ll play for at least the 2021 season.