In a shocking development, Carlos Correa has agreed to join the Mets for a 12-year, $315MM contract, Jon Heyman of the New York Post reports. Correa had previously agreed to a 13-year, $350MM deal with the Giants, yet reports surfaced yesterday that an unknown issue with Correa’s medicals had led to a postponement of the Giants’ introductory press conference for the shortstop. The 28-year-old Correa is represented by the Boras Corporation, and his deal with the Mets will become official once he passes a physical.
As Susan Slusser of the San Francisco Chronicle tweets, the “Giants flagged something in [Correa’s] physical and doctors disagreed.” Slusser also reported yesterday that Correa’s back wasn’t the issue, though back soreness has sent the former All-Star to the injured list on multiple occasions during his career.
Whatever the Giants took issue with in Correa’s physical, obviously the problem wasn’t enough to deter the Mets from adding yet another high-priced star to their already loaded roster (and payroll). Mets owner Steve Cohen said last week that the team made a late bid of around $300MM to land Correa, but that offer was turned down by agent Scott Boras since talks with the Giants had already reached an advanced stage.
As it turned out, that late attempt from Cohen was seemingly all Boras needed to secure another mega-deal for his client quickly after the agreement with San Francisco fell apart. As Cohen told Heyman, “we kind of picked up where we were before and it just worked out” over the course of four or five hours’ worth of extra negotiations.
Correa’s new contract with New York is one year shorter and worth slightly less in average annual value ($26.25MM with the Mets compared to $26.92MM with the Giants). It is also “only” now the 10th-largest contract in baseball history in terms of total value, while the $350MM deal with San Francisco was the fourth-largest in history.
Still, the deal handily surpasses MLBTR’s projection of a nine-year, $288MM pact for Correa. Like the structure of the original Giants contract as well as other deals signed by Xander Bogaerts and Trea Turner this winter alone, the longer length allows the team to spread out the luxury-tax hit over more years, while the player still gets his money as well as extra security. The Mets themselves used a version of this strategy in re-signing Brandon Nimmo to an eight-year, $162MM deal, as Nimmo’s tax number is $20.25MM. Correa now joins Nimmo and Francisco Lindor as Mets players signed beyond the 2029 season, though the Mets’ expenditures this winter have varied widely in length.
The overall numbers of the Mets’ spending spree continue to stagger. Assuming Correa’s contract pays him $26.25MM in each year of the deal, the Amazins’ payroll will now soar past the $377MM mark for 2023. Having already far surpassed the fourth and highest tier ($293MM) of Competitive Balance Tax penalties, New York is paying a 90% tax on every dollar spent beyond the $293MM threshold. That works out to roughly $23.62MM added to the Mets’ tax bill, thus putting their luxury tax number over $386MM.
Correa, Nimmo, Justin Verlander, Edwin Diaz, Kodai Senga, Jose Quintana, David Robertson, Adam Ottavino, and Omar Narvaez represent the star-studded list of free agents signed and re-signed by New York this offseason alone, to say nothing of their previous big splashes since Cohen bought the team just over two years ago. Needless to say, Cohen has established new standards for spending, as the owner has made no qualms about his desire to immediately make the Mets as competitive as possible. The result was a 101-win season in 2022, but the Amazins didn’t make it past the first round of the expanded playoffs, losing to the Padres in three games in the Wild Card Series.
The Correa signing “really makes a big difference,” Cohen said. “I felt like our pitching was in good shape. We needed one more hitter. This puts us over the top.”
Indeed, most of the Mets’ focus had been on revamping a rotation and bullpen that was full of free agents. While Diaz and Ottavino were re-signed, plenty of holes had to be filled after Jacob deGrom, Chris Bassitt, Taijuan Walker, Seth Lugo, Joely Rodriguez, Trevor Williams, Trevor May, and Mychal Givens all signed elsewhere. Nimmo was the biggest pending free agent on the position player side, and Narvaez should help bolster the catching corps, but Cohen and GM Billy Eppler weren’t going to curb their aggressiveness.
To this end, one of baseball’s best shortstops in Correa now won’t even be a shortstop, as Correa will now move to third base in deference to Lindor. Correa won a Platinum Glove, Gold Glove, and Fielding Bible Award for his work at shortstop just in 2021, and his professional experience at third base consists of one game with the Astros’ Double-A affiliate in 2015. That said, Lindor is an excellent fielder in his own right, and the Outs Above Average and UZR/150 public metrics prefer his glovework at shortstop to Correa’s over the course of their careers. There isn’t much doubt that Correa should be able to translate well to the hot corner, thus improving the Mets’ defense as well as the impact he’ll bring to the lineup.
With Correa now the new third baseman, Eduardo Escobar is suddenly out of a starting job. It wasn’t even 13 months ago that Escobar was one of New York’s big signings of the 2021-22 offseason, as he inked a two-year, $20MM deal. Escobar was decent if unspectacular, hitting .240/.295/.430 with 20 homers for a 106 wRC+ over 542 plate appearances in his first year in Queens.
“Decent if unspectacular” wasn’t enough for a team so intent on winning, however, and thus Escobar could now join Luis Guillorme as infield depth. It stands to reason that the Mets could explore trading Escobar (and the $10MM remaining on his deal) to a team in need of a dependable veteran infielder, or New York could simply keep Escobar as a backup option in the event of an injury to Correa or starting second baseman Jeff McNeil.
Looking further down the depth chart, top prospect Brett Baty is also a third baseman, as is Mark Vientos (ranked by MLB Pipeline as the seventh-best minor league in New York’s farm system). Baty has gotten some time as an outfielder and now might be viewed as a possible replacement for Canha in left field, while Vientos might be destined for a move off third base anyway, with first base potentially being his ultimate spot on the field. With Correa now locked into the hot corner, however, there seems an increased possibility that the Mets could shop either of these prospects for other upgrades.
Today’s news marks the latest twist in a controversy-filled career for Correa, largely tied to his participation on the 2017 Astros team that won a World Series championship later clouded by the sign-stealing scandal. Correa’s time in Houston ended when he signed a three-year, $105.3MM deal with the Twins last winter, though that shorter-than-expected contract was designed to allow a quick return to the free agency. Correa had opt-out clauses after both the 2022 and 2023 campaigns, and he exercised that first opt-out to re-enter the market in an offseason that wasn’t interrupted by the lockout.
Correa hit .291/.366/.467 with 22 homers over 590 plate appearances in his lone season in Minnesota, with a 140 wRC+ that stands as the third-highest of his eight MLB seasons. Coming off a strong platform year and still being younger than most free agents once they reach the open market, Correa had every expectation of finally landing the pricey long-term contract he initially wanted last year.
The result was two pricey, long-term contracts, with the Mets swooping in to take Correa away from the Giants. It’s probably wise to not totally assume Correa’s pact with the Mets is a done deal until the physical is passed and an official announcement is made, given the stunning nature of the last 24 hours. Yesterday’s reports of a delay certainly raised red flags about the status of Correa’s agreement with San Francisco, but with an absence of any concrete news, there wasn’t yet any reason to believe that Correa wouldn’t still eventually end up in the Bay Area.
Instead, the Giants’ winter plans have now been dealt an almost unfathomable setback. The Giants slumped to an 81-81 record after their 107-win season in 2021, leaving president of baseball operations Farhan Zaidi in search of a major acquisition. San Francisco has lots of payroll space and lots of needs around the roster to accommodate at least one new superstar, and there seemed little doubt that the Giants were lining up to make the first true blockbuster signing of Zaidi’s four-year tenure.
Aaron Judge was clearly the top priority heading into the offseason, and the Giants reportedly offered Judge around $360MM before the AL MVP took that same salary over a nine-year deal to re-sign with the Yankees. With Judge off the board, San Francisco then turned to the shortstop market, with Correa emerging as their top target (ahead of Turner, Bogaerts, or Dansby Swanson). The $350MM deal represented the biggest contract in franchise history, and a resounding counter to any argument that the Giants’ front office was unwilling or unable to land top-tier free agents.
It isn’t exactly true that the Giants are back to square one, since they’ve also signed Mitch Haniger, Ross Stripling, and Sean Manaea in free agency, and Joc Pederson was retained via the qualifying offer. But, Carlos Rodon left the team to also sign with the Yankees, removing another star from the 2022 roster. The league-wide rush on free agent signings has left the market bare of most of the top names, and so Zaidi and company will now have to explore the trade market (and possibly make some tough decisions on trading top prospects) in order to acquire another big-ticket star….if one is even necessarily available.
Speculatively, the Giants could try to wield their payroll space in a different manner, perhaps by offering a deal for both a star player and an undesirable contract on a team looking to cut spending. With over three months until Opening Day, there’s plenty of time left for the Giants to still make moves, and yet it’s hard to imagine they can make an addition anywhere near Correa’s level.
Photo courtesy of USA Today Sports Images
Originally posted at 2:05am.
Not a great off-season for Zaidi. He might need the trade market to save face.
Who’s he going to trade? Kyle Harrison? Luciano’s shine is wearing off after a few average seasons. Matos fell off last season in A ball too. The farm doesn’t have much to work with outside Harrison.
Average seasons? He was the leading his league in wRC+ as a 20 year old in Hi A before the back issue. Raked in low A the year before
Good take tho, ya
I’m sorry for underrating the single A ball prospect with back issues.
With the best bat speed in the minor leagues*
Stick to cricket dawg
Lol ! Zinger of an apology. Another way to phrase it is some dude that no one has ever heard of but giant fans
Enough of your hogwash & nonsense. Our Welsh correspondent should be addressed as “Dony Bach” much as Northern Irish friends should be addressed as “Dony Gall” (Donegal) if you speak Gaelic.
The proud Welshman (though a fine cricketer on the quiet) is more likely to hammer you at rugby, sing about it all night (better than you can) and drink you under the table.
You’re clearly irked this morning that Correa has flipped from the depths of the south west to the depths of the north east.
(PS “hurty bach” in Welsh translates as “irrelevant bat speed in single A”)
@A’sfaninLondonUK: FYI, San Francisco is not in the southwest any more than London is in bloody Scotland.
@Gmoney2580. A hughly touted prospect with an ops under .620 is better than average for A ball. What is average? Who here has the worst hot take? Lotsa teams clamoring for him I’m sure based off that amazing season
lower portion of the NL West = South West. Words are hard to understand, sometimes
@halloffamernobodycares: That makes zero sense. Los Angeles, Phoenix, and San Diego are in the southwest. Oakland and San Francisco are in Northern California. That is all.
I think you might have missed the joke.
Good idea about Scotland though.
Good Lord. The initial point (which has drowned in your dribbleish tomfoolery) is that SF is south west of NY on the global scheme of things. ie the Mets. where Mr Correa seems bound. If I’m wrong I’m sure you’ll pop me in the right direction.
How about Mickey Lolich. He never seems to get any attention Hof F wise. That 1968 team (Bill Freehan too) seems to have won by accident.
I’m surprised blue baron even gets this much attention. Didn’t take me long to realize he’s just a cantankerous curmudgeon. Never adds insight to anything.
It’s not even evident he loves baseball, as much as he just loves to be a nudge lol
@A’sfan: It’s barely southwest if you look at an actual map of the US. Most Americans and others just think of SF as west of NY. That’s why your lame attempt at humor fell flat, if it was supposed to be funny.
@Lyman Bostock: And I am surprised that you fail to understand the basic concept that it’s better to keep your meathole shut and allow us to wonder if you’re an idiot than to open it and confirm our suspicions. But then again, given your lack of intellect made obvious by your comments and posts, I shouldn’t be so surprised.
You certainly know nothing about me or my interest in baseball. If you did, you would know that I have been paid to cover it and write about it and watched it since 1968, and thus refrain from posting your asinine tripe.
I’m even more surprised that you get any attention at all.
Blue Baron California is a southwest state. Oregon and Washington are the Pacific Northwest.
Only part of California is southwestern.
Blue Baron every inch of CA is a southwestern state. I live in the northwest corner of CA and I recognize that
hurling is much more fun to watch than rugby or cricket. just my opinion.
Curly Was The Smart Stooge
As a Braves fan, I hurled after reading this article. Too bad you couldn’t watch it…
Exactly. Harrison is a massive piece but Giants aren’t trading him. Nobody wants their old 1st round college draft busts
Curly Was The Smart Stooge
Calling Dr. Howard Dr. Fine Dr. Howard
We need real doctors, not quacks
@amk Harrison was not drafted in the first round
I don’t think there’s enough he can do to change the fans opinion of him now. He’s lost our trust and our faith that he can secure any free agents, Giants need to start fresh and hire someone who can get SOMETHING done.
Giants best team in MLB
Yes 100% agreed. I’m changing my moniker right now actually. #FireFarhan
Blaming Farnhan for this is completely bizarre. He got his man!
It’s not his fault Correa has an issue and/ or the Giant medical staff see something concerning.
The Saber-toothed Superfife
If Correas’ heart wasn’t in San Francisco?
They did the right thing.
Dog days that’s just it… He DIDN’T get his man. He never does. This one he threw away.
So Fire, what did you want him to do in this case?
Dog, in this case I want Farhan to resign in shame. I know better though. I realize he won’t be gone before we start showing up to Oracle Park with Fire Farhan signs. I’ll hold mine outside the stadium. I’m not giving this franchise another penny, until he’s gone. I’ve already pulled my season ticket plan. I’ve had it.
FireFarhan, this is not Farhan’s fault. It is Charles and Greg Johnson’s fault
Part of my issue with Farhan, is his dishonesty. The ‘injury concern’ was from an injury from before he was in MLB, that everyone knew about and it wasn’t an issue for anyone, including the Giants… Until AFTER making a huge offer and putting public pressure on the player. If I was Correa, I would have been pissed. No free agent or fan should trust Farhan at this point, imo
Agnes you’re saying it’s Buster Posey’s fault too then. He’s also an owner and on the board.
Not what I was asking. More like how did he mess up this Correa situation? What would you have done differently?
@DogDays2 Part of my issue with Farhan, is his dishonesty. The ‘injury concern’ was from an injury from before he was in MLB, that everyone knew about and it wasn’t an issue for anyone, including the Giants… Until AFTER making a huge offer and putting public pressure on the player. If I was Correa, I would have been pissed. No free agent or fan should trust Farhan at this point, imo. How can he be defended?
Because it seems you’re making up facts. To know about an injury isn’t the same as actually having doctors look at a player and evaluate how serious and perhaps lasting it is.
If this injury proves to be an issue, the same Giant fans would be here in a few years saying: what an idiot Farhan is! All those red flags and he still signed him!!
Like I said, it’s not anything that bothers anyone else, including medical professionals
Bother anyone else? You mean… just the Mets, who have enough money to be ok if it blows up in their face. You want a GM to be reckless, it’s not very logical.
I mean the Mets, the Astros, Twins, and the Giants themselves, until AFTER putting a ton of pressure on the player, for leverage, to make him look bad
You don’t wait to cancel a deal with a player, until he’s already in town with his family, 3 hours before a nationally advertised press conference, to announce him as part of the team, if you’re worth dealing with.
Huh? Do you think they all looked at the same physical? The body changes year to year.
In retrospect, maybe this is why the Astros didn’t make a serious effort to resign him.
I know emotions are running high, but I think Farhan saved the SF fan base years of frustration.
Boras knows it to, that’s why he pivoted to his Buddy Steve for a year and $35M less. Oh and now Carlos has to play 3rd.
SF is going after Ohtani (as they should). You may have to wait a bit, but that’s the real prize.
@dirkg Seems likely. If Correa was fundamentally sound, you’d battle it out with SF’s doctors for a few days and get the full $350 million. Players routinely go to ridiculous cities for an extra 5% and this is twice that.
It’s premature to fault Correa for concealing things, but in addition to the cheating, wasn’t he looking to get bids in prior to releasing medicals? May be unfair, but there’s a lingering fishiness to this guy…
What makes you think they have any shot at Shohei? They literally haven’t been able to sign a big time free agent since Bonds.
That Correa contract for 13 years was beyond bad. This will help them in the long run. I don’t think they are contending in 2023 anyway. I M interested in the issue. It clearly didn’t concern the Mets.
Dodgers fan but I agree with you. Correa is a decent player but this very likely a blessing in disguise. The focus should be rebuilding the farm.
Giants morning radio has been embarrassing today. Acting as if the front office messed up. They by all accounts acted in response to their medical staffs recommendations, which is what every fan should hope their front office does!
Also yeah, Ohtani would be incredible.
Have to say, I’m not embarrassed by losing Correa, but my fellow giants fans sound like a bunch of whiny idiots.
@coyote, I don’t disagree that, in the long run, this could be better for the Giants. However, in the short run, it is disastrous. The Giants will be unwatchable this season. And for those who say Farhan will try to get Shohei next year….sure….but good luck with that. He wants to play for a contender. We will not be in contention now for years to come.
The Giants are only one player away from the stratosphere. Why in the hell would Ohtani want to play in SF after enduring the Angels for so long?
dirkg: If Uncle Steve wants Ohtani, he will have Ohtani. Do you disagree?
Wait until the Mets visit SF…..he will get booed there just as much as he does at Dodger Stadium. I am a Dodger fan, too, and I agree–the Giants likely dodged one here in the long run, although it stinks for them right now. Shadiness abounds…..
I see this Correa issue a little differently, and my take has probably been better described by others but to me it seems to boil down to “can Zaidi’s brand of moneyball attract difference maker free agents?” and I would say after 4 years “no” is a fair interpretation, especially after he laid out the goals for this off season which after this news is clearly a fail
maybe the contract would have been bad, maybe there are real injury issues, I don’t know, but what I do know is that another season of roster churn is far more probable than any true talent binging their efforts to North Beach on a free agent contract. while Zaidi plies his trade in SF
to me Zaidiball is best suited for brining in free agents at the end of their careers on short term contracts and then trading them to contenders midseason and picking through other teams’ dfas hoping to get a productive week out of them, that to me is the sum total his roster moves to date – if Zaidi thinks the A’s model is the one to follow he should expect a similar level of fan enthusiasm and attendance
$35/cheap seat for a Rockies game is going to be a really hard sell
I agree that the Giants should be Laughing Out Loud after buyer’s remorse made them take action to get out of the worst contract in baseball history. They can now add a couple of quality guys at reasonable cost and get better without nuking their future.
Because the Giants are a different team, huh
If I were a Giants fan, this would be me now:
The only way the Giants might possibly get Ohtani, is to fire Farhan. Imo put Pete Putila in charge. I doubt Ohtani signs with SF just because he supports Kapler’s political opinions either.
@Ted Rowand and Zito were big name contracts. So we’re Cueto and Melancon
Totally agree lacredolo, thank you. I’m fine and everyone needs to chill
dirkg we won’t get Ohtani with Farhan and Kapler at the helm. He’s already spurned them, remember?
He better not trade our farm. I have zero faith in Farhan at this point
Hey #FireFarhan, Farhan is the one that built the farm. His forte is prospects. This is a preposterously bad take.
Zaidi has only been there a couple of years. How has he built their farm?
This is year 5 of a 5 year plan. Massive fail.
Mr. John Bird, did you not notice that there was a pandemic and a MLB lock out in those years? Did you enjoy 2017 and 2018? Zaidi has built up the farm and made the team immensely more fun to watch. It took Sabean 13 years to win it all. Chill
The pandemic and the lockout affected all teams. Enjoyed those years about as much as last year. The farm system is not rated highly by any metric. If you find watching weak hitting and poor defense enjoyable, good on you. Sabean was hired in ’97. The Giants went to the playoffs in 97, 2000, 2002, 2003, the WS in 2002, 2010, 2012, 2014, If you want to stay in the Farhan cult, your choice. I’m out.
Agnes how long did it take Cohen to make the Mets a contender?
FF, what have the Mets won?
If Bloom was ever going to trade Devers for a haul of propects now is the time and San Fransico is the team. Since he won’t pay him anyway.
Bloom on the Brain. Not every story is about you Red Sox fans.
San Francisco doesn’t have a haul of prospects to trade
There is no saving face at this point. This is beyond saving anything, including Zaidi’s job. No Judge, no Rodon, and now no Correa. Every other impact FA gone.. No trade is going to save this. Might as well tear it all down and start over under new management.
Also no Ohtani, Suzuki, ect. Farhan and Kapler both gotta go
This is not Kapler’s fault.
Agree with Farhan but don’t think you can judge Kapler until you give him some decent players.
Blue Baron what part of Kapler making sure EVERYONE knows his political feelings about literally EVERYTHING, do you think helps the team exactly?
Susan Slusser of the SF Chronicle reports that the the “medical issue” was a red herring. Giants just got cold feet and used it as an excuse to back out of the contract. Terrible look for San Francisco. What player is going to trust them to negotiate in good faith again?
Ohtani will go to whoever offers the most dollars. Going to a contender would just be icing on the cake.
If this is a prank, MLBTR, it’s a good one.
I was honestly thinking the exact same thing. Then I was wondering if someone put something in my beer.
I’m going to sleep.
If so, it’s a cruel one
December 21st is the new April 1st. Just a day ago, I posted “Why did Cohen say this?” It seemed like it would only upset the other owners and maybe a couple of his players. Well, I guess that it does not matter now, because he DID it.
I remember that one Manny haha. It’s been 10 years today since the world was supposed to end so I suppose Cohen was merely celebrating.
I guess Cohen made a new contract, coffee, a new assistant to get Correa.
Farhan Zaidi looks like a total JackAsss here because whatever he didn’t like about Correa’s medicals didn’t seem to stop the Mets from immediately giving Carlos Correa 315M / 12
Farhan and the Giants are finished with Boras clients. Also players talk. This looks really bad for Frisco
Too early to tell who will look bad on this one. Cohen had no problem dumping Kumar Rocker based on medical reports. So let’s wait and see what additional information comes out. Still, “Wow!” I had 13 correct in the contest, but now I am back down to 12. (Correct: 1-Judge, 2-Trea, 3-deGrom, 4-Nimmo, 5-W. Contreras, 6-Rizzo, 7-Kershaw, 8-R. Montero, 9-T. Anderson, 10-Pederson, 11-Robertson and 12-Ottavino)
We need to get rid of Farhan. And it’s not ‘Frisco’, that’s a town in Colorado.
It’s actually a pretty decent city next to Dallas where the cowboys practice and the MLS team plays.
It also hosts a CFB Bowl game every year and has the Frisco RoughrRidgers, the AA affiliate of the Rangers
How could they ever be players on the FA market and be done w boras ??
2 to 3 years down the road Giants fans will be glad Correa signed with the Mets. Stings now. Money can be better spent elsewhere.
C Yards Jeff
Bottom line. Don’t “f” around with Boras. Epps and him have each other on speed dial for sure.
Or it may show how reckless the Mets are.
I too see it as reckless. It’s like they are spending to spend.
Or he might get his client 35 million less.
Is is Zaidi or Cohen that looks like a jack-ass?
In fairness to Farfan, Cohen appears to be a lunatic who’s expensive strategy has netted nothing more than an early exit from the playoffs.
In fairness to Cohen he hasn’t had the team long and he didn’t have much to start with. Third best record in baseball and playing meaningful games in the fall is pretty good in 2 years.
Didn’t stop the Twins from making another offer either.
Cohen ruining baseball at this point
i like al conin
It’s the system. Total competitive imbalance.
He’s about to start losing 1st round picks because of the luxury tax.
Oh no not picks in the 20s that will probably take years to develop. The Humanity.
not this year, if i remember correctly he will pick up 2 picks in this years draft with degrom and bassitt …. might use one of those to unload mccann and cookie..
Because they’re over the tax amount, the pick is likely too low to use to help trade McCann. No smaller market clubs is helping the Mets. With Cohen though, it’s only money…
George Kirby says hi! Picked 32nd round by Mets in 2016, then re-picked by Mariners 1st round, 20th pick, 2019!! 2-3 years later he was slaying in the majors!
Mike Trout was like 22 or 23 overall.
Maybe other owners should start spending too?
Falcon, maybe you shouldnt comment on things you obviously know little about.
Clepto, if that was the case…..you’d never comment on here.
Or, in a roundabout way, you could argue he’s helping to fix it depending on how MLB responds to this sort of spending. A cap and floor system, while not without faults, would be a good thing for baseball IMO.
I don’t think you know how Cohen operates.
Lol, I didn’t mean to suggest it was intentional on his part. Just that things might work out that way.
Pretty sure it’s not ruined.
Not ruining. It’s ruined. Or the word is pronounced ruint where I’m from.
In the next season or 2 we will see all the “brilliant” small market teams like Tampa fizzle out of competition and there will be no mid to small market franchises being able to compete when a hand full of teams like Mets and Padres have no financial restrictions.
So there will be 4/5 teams competing for top talent then 15 teams competing for mid range talent and those “steals” teams grab at bottom of FA will no longer exist. Tampa/As/royals. Those teams that have gone out and signed a player in the past – won’t even compete for mid level free agents in the future.
Television ruined the game as teams no longer have to be competitive to have a 150 mil in revenue. And why would owners spend that amount when it’s a 1/3 of what Mets or pads can spend ??
It is fitting television is the demise though. As it’s been the demise of our whole nation for a generation
Ruint is the word used here as well. I am not sure it is completely gone, but it is close. There are not just issues with CBA that were basically punted, but also with the league itself.
The competitive balance tax is a joke. I am actually a Dodgers fan and I see issues with it. The fact is if you are going to have a penalty laden pseudo ceiling, you must have a floor. Get rid of incentives to tank or be a small market team that does not spend. The idea that there is a draft for certain teams because of their size is ridiculous.
Create a draft for International FA. There are adjustments to the rule five draft that need to be made as well.
Further, markets need adjusted. There are MULTIPLE large markets that are not being serviced. While television deals have their problems, cities like New Orleans or Baton Rouge (as examples from my state) can now support an MLB team because of said markets.
I am almost to the point of suggesting a Franchise Player type setup.
The issue is simple. For years, the Steinbrenner’s did this and because George was basically one guy–things were overlooked and to paraphrase–“George was being George”. Then teams started getting bought by groups and owners that could do the same thing. Ones who just liked winning and could afford to lose money.
Unfortunately, the small market teams have not been a beneficiary of this. That is not to say they will not. But, currently, Tampa et al. have been left high and dry.
Honest conversations need to be had. Some probably painful to certain fanbases. But, until they are had–this will continue to be a league of Allstar team vs. Allstar team.
San Diego is a small market team. While only the Yankees and Dodgers can spend what the Mets are spending, teams like the Braves and Jays can spend over $300 million and still be in the black. Every team can spend upwards of $150 million and still make a profit, even those small market teams like the Rays and Pirates.
@Andrew Martin: Oh boo hoo. Cry me a river.
We shall see, the Mets just won the offseason…now do they win the regular season and then the post season.
Thank you, Captain Obvious.
From a business standpoint, whoever profits, wins. Cohen spent a boatload, but they will likely set a CitiField record for ticket sales, game day food and beverage sales, merchandise sales, etc. More fans will start wearing Mets hats as well – if they perform to at least a reasonable expectation as a team. They can also raise rates for new advertising contracts, etc. even if they do not end up winning the W.S. in 2023.
Actually, dugmet, they’re projected to lose money in 2023. I really don’t expect attendance to shoot up much from last year when they won 101 games and were super competitive. The amount they’re spending in taxes will outweigh any profits generated by attendance.
Cohen is setting up the team to make more money in the long run. If the New York Area populace starts to buy more jerseys, to sell more season tickets, to start to turn New York into a Royal Blue and Orange town, then his mission will be accomplished. Fans in the stands is only one part of the big picture. He is at least moving the Yankees off the back page of rhe newspapers. .
At $495 million between CBT 40 man roster expenses and fines they should lose money. But not as much as you would think.
We don’t know what the Mets total revenue is. We do know what the revenue was for the Braves and Blue Jays who were 6th and 10th on most lists for 2022. Both of them were over $500 million, $545 million and $514 million respectively, and both had expenses for everything not included in the CBT calculations of <$133 million.
Obviously both of them could have spent much, much more before they would dip into the red. If the Mets only had the same revenue as those two, they could spend somewhere between $380-415 million before Cohen starts losing money.
Its really late, so check my math. I could very well be wrong on the addition and subtraction here.
If Cohen wants to increase advertising rates he just needs to call the US dept of health. My guess is they’ll drop hundreds of millions on shoving COVID vaccines to the masses…….
Guys worth 17 billion. When the owners voted and approved the sale to Cohen, they knew what was going to happen Only 4 opposed.
How is he ruining baseball? All of those small market teams get a piece of the luxury tax and revenue sharing. Ridiculous take.
I know this may come as a shock to fans of All Star teams but other fan bases may want to see there franchise have a chance. Having 2/3 of the teams in the league being feeder or AAAA teams isn’t a good thing.
Farhan ruining the Giants organization at this point
Au contraire, mon frere. He probably just saved it. Now he can spend about 10% of that contract amount on a solid, under-the-radar player, and make the team more competitive without mortgaging the future of the franchise. They already look solid, but one more clever signing of a versatile, proven position player could make them legit. Their pitching staff looks excellent on paper, and it is deep. It’s not for me to say who they should sign. They’ll figure it out.
Budget you’re living up to your screen name, with that comment. I disagree, but time will tell all tales. For now the Giants are completely irrelevant, 5 years into Farhan’s meddling
Right on BudgetBall! Thumbs up!
C Joey Bart .215/.296/.660
1B J.D. Davis .248/.340/.758
2B Thairo Estrada .260/.322/.722
3B Wilmer Flores .229/.316/.710
SS Brandon Crawford .231/.308/.652
LF Joc Pederson .274/.353/.874
CF Mike Yastrzemski .214/.305/.697
RF Mitch Haniger .246/.308/.736
DH Tommy La Stella .239/.282/.632
Who’s the under the radar player that’s going to make this group win more than 60 games and be out of contention by July 1.
We’ll win more than 60 and Bart is a beast, he’ll improve. But Farhan has to go
This is the most insane timeline. I joked about this earlier today and now it’s come true. Even as a Mets fan that’s getting more used to this crazy spending I have to say I am more than shocked.
The Wilpon’ could have never, ever done this. I’m a Mets fan and I’m wondering how this will go over in Boston, they used to do things like this and they haven’t since Sale was signed few years ago. Anyone be know why?
No one could do this. Not even the Steinbrenner Yankees. This is unprecedented.
@VonPurpleHayes In effective terms, the closest I can get are the Yankees teams of the 1950s, when they used Kansas City as their personal farm system.
In addition to their actual farm system.
I don’t like what Cohen’s doing, and he doesn’t know how to build a team, but this doesn’t feel any worse than the above example.
Fair point actually.
I can’t recall specifics of the 50’d but the Yanks used Cleveland and KC in the early 70s. As far as Boston, the team is more than just the Sox now and is looking more global with their brand.
Closest I can compare this to is ARod to the Yanks after the Boston trade fell through. But that was a trade.
I don’t dislike Cohen Jack, but a good portion of my enjoyment from baseball, all sports, is watching the kids grow into ML players.
The world series or bust fans have Yankee fans living rent free in their heads.
@SCarton12 Well said, compadre. Well said.
@JackStrawb: How is it Cohen does not know how to build a team? He just did without trading a single significant long term asset. Right now as we stand, he’s addressed short term stakes while maintaining longterm stakes. That’s exactly what all teams should be doing – the difference is that Cohen is 2% of 2% wealthy and tolerate losing a lot of money if necessary.
Used KC in the 70’s? You’re like a few decades off bud.
I didn’t see George Brett wearing pinstripes.
@SunnyMet: Who cares how it goes over in Boston? They dealt with Bill Buckner in ’86, they’ll deal with this now.
As a Giants fan, I’m genuinely speechless. What the hell
Did it ever come out what was wrong with his medical
He had a broken heart due to regret
Apparently Correa tried to cheat on his medical too.
Paul Pelosi rejected his advances.
You’re an idiot lol
So far the best guess and what the SF Chronicle has said is a leg injury Correa had in 2014. I think more will come out in the days to come.
To me its interesting that the Twins that knew all of his medical info said they would still go 10/285 for Correa after finding out the Giants were out for medical reasons. That means they didn’t see whatever the Giants were using as their reasoning to back out as a problem.
Multiple teams, including the Giants, BEFORE making their offer, knew about it beforehand and saw no problem
FF, You are wrong again, Boras contacted the twins after the Giants backed out and they removed their offer also until they knew what the Giants doctors found.
Agreed! My mind is freaking blown.
Even though I’m a Mets fan and am happy I’m honestly feeling really bad for Giants fans. Y’all didn’t deserve this. I think Farhan needs to get fired at this point.
I’ve been a pretty stark defender of Farhan, in that he took over a bad team with owners that refused to completely tear down, so I didn’t expect them to be competitive for a few years, and yet they won 107 in a year that being over .500 would’ve been worth celebrating. Then this off-season, he promised to spend big, and he did! Or so we thought. Now, I don’t even know what to think.
Time will tell, I guess…
@disadvantage I’d guess Correa and his people weren’t forthcoming on his medicals, the Giants’ doctors caught something, and it was bad enough that Correa fled into the arms of another suitor.
If it wasn’t bad enough to throw the SF deal into doubt, he wouldn’t have thrown away $35 million. He got nervous, and his agents went to NY and said “what will you give us, right now.”
It’s not unprecedented. Ignoring things like the Brady Aiken saga where there were differing opinions, I’m thinking back to two fairly recent memories in the past of the Red Sox since I follow them more closely.
Mike Napoli, and the hip condition he had. Team doctors didn’t like it. Players camp thought it was OK. Switched a multi-year deal to an incentive laden one and later re-inked, ended up getting his original due and then some.
Another one was JD Martinez and the lis franc issue he had. BOS didn’t like what they saw. Did 11th hour restructuring also with Boras, that gave the team opt-out abilities if substantial time was missed due to a lis franc flare up. Then, BOS gave JDM his own opt outs in exchange for theirs being added into the deal. Both sides kept the same other basic terms.
So, it happens.
I wonder if what the concerns were will ever make the light of day. In the other cases it did.
He’s bad at his job. He needs to go, he’s ranked this team worse than they were when he took over. Their reputation is going to be worth nothing with FAs and their agents at this point. And they have nothing to look forward too. If he keeps his job I’m turning in my 30 year fandom and taking a break until they show some semblance of trying to be a competitive club.
Jack, that makes no sense. He obviously would have had to tell the Mets the issue the Giants had. The Mets apparently didn’t care about it. These things happen more than most people realize. Usually they end up staying with the team they signed with just a little different structured deal. Doubt Correa was being dishonest at all on this.
Or it could be something that he and his camp feel that the giants are making a big deal over and/or he doesn’t agree with it or isn’t happy with how it’s been handled and he just decided he would rather go elsewhere after seeing how the situation was being handled. I’m not saying that this is what happened, just that it could be one of many possibilities
@GASoxFan Great comment. Thanks for posting it.
@jjd002 A player (or his agent) is not obliged to say anything at all. SF’s opinion is SF’s opinion. Opinions and methods are highly proprietary, and an agent would object strenuously (and perhaps in court) if SF went behind his back and _gave their negative opinion_ to another team about one of his players.
Teams are on their own, for the most part. There’s not some pot of opinion two or more teams’ doctors share in coming to conclusions about players.
His agent group submits his medicals, and there may be if agreed to a discussion between doctors on the player’s side and doctors on the agent’s side in the event of a difference of opinion, but even that’s not a given until one side takes the significant (but not rare) step of calling a halt to the signing process until they’re satisfied or remediated.
I agree it happens more than most people realize, but it doesn’t really go the way you describe. Cheers,
Wasn’t there a time when the O’s were backing out left and right because they didn’t like the medicals? Medicals autocorrected to Mexicans. That could’ve been interesting. I think they were the team.
Remember the year the Sox went on a spending spree, then they added Carl Crawford. That just one more didn’t sit right. That was a nightmare season.
It’s almost as rich as when they complain about cheating. Disclaimer, I am a Red Sox fan, a judgy one. Hypocrisy runs deep on social media and discussion boards for sure.
The NY sports radio has to be happier that the fans. They’ll destroy him if the team doesn’t perform.
Never said they were obligated to tell the teams. But the Mets are obviously going to ask “what happened with the Giants deal?” Correa’s camp is not going to lie at that point because the Mets will likely find the same thing during their physical.
Right. As if anybody disclosed to a potential employer why they shouldn’t hire them during an interview If they don’t call my references and look into it themselves, why would I help them?
This is exactly where I’m at, Jack. Correa instantly ran to the Mets. He knew he only had a couple teams that were willing to pay him his $300 million. When SF had doubts he didn’t bat an eye and ran to get that contract.
I ask… why so fast? What was the reason it didn’t wait a day or two to play out and let the Giants try to come back with something?
I think Correa got REALLY nervous.
For all the heat Zaidi gets, he’s one of the smartest guys in any room. He knew he would get serious heat for postponing the press conference and did it anyway. I think/hope what the SF doctors saw was critical enough to warrant that hesitation.
jekporkins, your post is entirely correct and far too sane for this comment board! Ha ha! Thank you for being intelligent and rational.
@disadvantage there’s zero reason for us Giants fans to have any faith in Farhan at this point. Trojan horse from the dodgers has ruined our franchise imo
My goodness man–give it a rest.
An alternative view. Farhan was left with a mess by the previous management team. Instead of just tearing it down and out of respect for the prior accomplishments of players that were really on the downside of their careers (Longoria, Crawford, Belt) he cobbled together a team of undervalued rejects from other teams and put together a remarkable 2021 season and postponed the inevitable reckoning that was due this franchise. He is now a victim of his own short-term success–having reinforced the unrealistic expectations and sense of entitlement that guys like you have about your team.. Most likely, you will never see it; but, this Correa contract unraveling is the best thing that could have happened to your organization.. 2022 will be painful. Once you get through it, you’ll have a nice draft pick to show for it–assuming its not blown up by ownership that forces Farhan to give it up by signing some overpriced FA that will be unable to change the misery.
MLB is NOT the NBA. Signing one or two high priced FA’s cannot turnaround a franchise. It takes a deep 25-40 man roster to achieve what you want. Farhan gets that. Unfortunately, if guys like you have their way, he’ll be run out of town and replaced by a rich idiot who will give you what you think you want: overpriced names that will sell tickets and garlic fries.
@norcal – NAILED it.
@firefarhan – yes, the Dodgers sent Farhan to the Giants, but broke their streak of first place division finishes – one that could’ve potentially rivaled the record holding Braves – to throw us off their tracks. Great theory!
They are already leaking out and it doesn’t look good for the Giants.
You really need to go read the articles on this website and the ones referenced before commenting next time.
The Giants had 7 days to review his medical records and to do a physical. That is a heck of a long time. Most of the time you hear about teams getting 3 days. This was a big contract so the Giants obviously asked for more and Boras gave it to them. Then the Giants still wanted more time and asked to renegotiate.
Boras was under no obligation at that point to give them more time or renegotiate a deal they had already agreed to. He went elsewhere. Talked to both the Mets and Twins and took the best offer which is still one heck of a lot of money. He did his job.
Johnson is taking this on the chin. The team he owns will have a hard time convincing really good FA to even negotiate with the Giants, let alone sign a deal there.
If Farhan was as smart as you think he is, the Giants would not be an ancient team with a mediocre farm system 5 years into his tenure.
@JackStrawb it wasn’t Correa’s side. It was an injury from before Correa was even in MLB, that everyone including the Giants knew about, and it wasn’t an issue. Until it really mattered. I think Correa could maybe sue them for wasting his time and the cost of him and his family traveling to SF, to for the press conference. Notice the Mets aren’t announcing a press conference time, until after the physical is complete. Much more professional on their part, than flailing, failing Farhan
@jek it was an injury from before Correa was in MLB, that everyone knew about. It wasn’t an issue for anyone, including the Giants. At least until AFTER making a huge offer
The Giants had the best record in baseball just last year, with mostly the same guys. Judge and Correa would have been enough to swing the standings. Guys like you look at numbers and stereotypes, no deeper. Part of my issue with Farhan, is his dishonesty. The ‘injury concern’ was from an injury from before he was in MLB, that everyone knew about and it wasn’t an issue for anyone, including the Giants… Until AFTER making a huge offer and putting public pressure on the player. If I was Correa, I would have been pissed. No free agent or fan should trust Farhan at this point, imo
It’s way too early to judge the Correa deal. You don’t know that the injury was from before he was in the MLB. Boras told you that. And if you’re going to be distrustful of Farhan, you should absolutely be distrustful of the man that is paid a lot of money to spin his player in the absolute best way possible. That said, if in the next few years Correa plays injury free (or close to it) and it appears Farhan did this to weasel his way out of the deal, then sure, you have a case. But for now, you clearly have a bias against Farhan, found a way to exploit that, and you are running with it.
And I look at numbers and stereotypes? Sources, please? I’ll grant you that you were probably being tongue and cheek, but I was pointing out how bad your theory that the Dodgers sent Farhan to beat the Giants from within was.
Well said! A reasonable and very balanced assessment.
Curious, are you still standing by these remarks?
In a year that being under.500 would have been cause for celebrating? The year before they missed being .500 and a playoff spot, by one game
Giants best team in MLB
Jango as a Giants fan I 100% agree. #FireFarhan!
Who on the Mets gets fired when it turns out there is a real problem with his medicals that effects his performance going forward?
Giants best team in MLB
Cainer I’m starting to think Farhan is a Trojan horse from LA.
#FireFarhan, please get outside and enjoy life and chill. Your vitriol is unbecoming
#agnes gooch sorry if my honesty offends
@Blue Baron I wish I had a comeback to that. Unfortunately Farhan consistently leaves us empty handed.
Oh come on now
John Rocker Fan Club
OMFG THIS IS TRUE IF BIG
I think you mean THIS IS BIG IF TRUE. Annnnnd, that’s what she said.
This will make the next Mets choke job even more spectacular…
Jose Reyes just turned over in his pile of money.
Mets building an all star team
Second place team lol
Could be 1st, 2nd or 3rd (Mets, Phillies or Atlanta, in any order). I still think this team hinges on Scherzer and Verlander being healthy. But “wow!”
Probably true but at least they’re not the giants fans.
SF is the laughingstock of baseball. They can’t even buy a team like most big markets.
Laughingstock of baseball? Lol the Pirates, Rockies, and Marlins beg to differ.
Greet company to keep
Being better than that group is like getting the highest grade in special class.
At least other teams don’t offer nine figure deals and get turned down.
Giants have money but can’t even spend it.
Sorry I find that funny
Yeah three World Series in the last decade is really embarrassing smh
I’m not saying those are the only teams that are worse (organizationally or in the standings). I just thought of the first three dumpster fire front offices/ownerships I could think of.
Regardless, your comments coming from an A’s fan is pretty rich. I don’t mind the A’s and I feel bad for their loyal fans who watch their best players get shipped off in their prime and have zero hope of their ownership offering a contract for a third what the Giants were dangling this offseason.
You’re welcome to find the Giants being empty handed funny, I get that. It’s sad that they haven’t been able to throw a blank check at several free agents the last few years. But to call the organization a laughingstock overlooks teams who’ve lost a lot more games lately and have no willingness to spend — your A’s included
We as giants fans have can’t bring up those 3 titles anymore! This is freaking embarrassing!
Sure we can. What have the Mets won exactly? They signed a damaged goods player that can’t stay healthy and haven’t won it all in forever
I wouldn’t say the Marlins but the Rockies, I suppose.
It appears 3 isn’t enough. I laugh at Met fans that say ” All I want is one!” Bullsh!t, They want one to shut up Yankee fans. The comment wouldn’t last 2 years before the whining begins.
Part of my issue with Farhan, is his dishonesty. The ‘injury concern’ was from an injury from before he was in MLB, that everyone knew about and it wasn’t an issue for anyone, including the Giants… Until AFTER making a huge offer and putting public pressure on the player. If I was Correa, I would have been pissed. No free agent or fan should trust Farhan at this point, imo
We have no idea what the medical issue was. I hope for Carlos sake it isn’t anything serious. I wish him the best of luck.
The SF Giants have three championships in 14 years. Nobody else can say that.
And I am a Cubs and Dodgers fan, I root for A’s and Angels in AL.
My opinion: Giants have earned respect.
More importantly, who are your 5th and 6th favorite teams ?
this is coming from an A’s fan btw LMAO
The Mets basically replaced deGrom with Verlander and added Correa’s bat which the production was not elite. While the payroll went massively higher the talent on the the Mets only went up slightly. Scherzer looks like he is starting to decline.
The Padres are adding two elite bats [Bogaerts & Tatis] that were not in the lineup in 2022 and another in Soto for a full year. Objectively speaking the Mets rotation rn is better, but the Padres could still add another elite pitcher via trade either before the start of the season or at the trade deadline. The Padres are a better Team.
Not sure what sport you are watching because 140 OPS+ is an elite bat.
Forest City Spiders
This must be a major gut punch for many SF fans. Just when you thought you’ve seen it all…
Get Off My Mound
This is definitely not what I expected to see when I came to the site tonight
Most definitely. I’ve been checking in MLBTR more often than usual, assuming it would work itself out, and then this happens…
And when Correa misses 40 games in 2023 and his decline is steep after the next couple of years… but sure, Steve, why not carry another $26m a year on the books for 2029=2034?
If he spends like this, he wouldn’t give a sheet.
Get Off My Mound
Amazing. A one year, $35 million discount. Boras blinked! Clearly, money means nothing to Cohen, will be interesting to learn what the medical issue is that spooked Farhan.
that issue is made up. correa wanted to go to the mets and this was his way of getting out of the giants deal.
If it was Correa who wanted out, why is the story that the Giants flagged a medical issue? Correa/Boras can’t just make that up, because it can easily be disproven, and make them look AWFUL — potentially even ruining Boras’ reputation.
It sounds more likely to me that, if the medical issue isn’t “real” that the Giants got cold feet on their investment and used something minor as an excuse to back out, and Cohen jumped at it.
Correa didn’t back out, the Giants failed to execute the agreement they made. Once they backed out, Boras found another team willing to sign his client.
It’s not a discount between state/city taxes in San Fran Correa will pocket more money over the length of the deal than he would off Giants contract.
In San Francisco, employers pay the local income tax. I have an office off California and Sansome and I hate forking out 1.5% on top of all the other taxes in that town. Thinking about moving that office across the bay.
Forest City Spiders
did the Giants dodge a bullet?
They only dodged a bullet if Correa’s medical condition was real, and I doubt it was.
They dodged a bullet if Correa doesn’t become basically the first shortstop ever to not experience degraded skills and health in his 30s and early 40s.
Well, not a SS, but rather a 3Bman. The move might actually help Correa stay on the field.
This news was worth staying up past my bedtime for. Kudos to Mark for being on the ball at such an obscene hour!
Get Off My Mound
So what do the Giants do now after this? Make a play at a major trade(or trades), try for any of the rest of the top free agents, or save up for Ohtani next season?
They can trade for Eduardo Escobar. lol
@Peterv Funny, but there is NO chance that happens.
bag o ballz
There isn’t really a move to make
The farm is limited. I love the idea of Ohtani in SF, but you have to be competitive to get him there. I don’t see a trade that moves the needle for them to finish better than third. Reynolds isn’t cutting it. I doubt Jose Ramirez is available. All the Giants fans in my wife’s family are bummed.
They have nothing to trade, and there isn’t a chance in hell that Ohtani signs even if the giants offer 100 million more than anyone else. This club won’t compete for a decade and no one wants to join a loser. That’s why Correa got himself out of this deal, clearly he felt like he was fooled. Probably thought the Giants would sign some more good players instead of the crap they ended up signing.
Probably best at this point for the Giants just to fill out the roster and wait until next offseason.
In the meantime try to add prospects with midseason trades and by taking on contracts (e.g. Donaldson and Hicks from the Yankees). Otherwise
Giants dodged a major bullet.
Oh, 13 years down to 12 years. Still, good luck with that injury prone player lol
Correa might not be fit enough to play SS for SF but okay to play 2B for NYM!?!?!?
3B it seems more like
He’s playing 3B like he does with Lindor on Team PR.
Uncle Steve has gone full Steinbrenner. How fun this is for Mets fans.
If you consider crippling a franchise fun, then sure.
You sound bitter. The Mets have proven to be the least crippled franchise.
Bitter isn’t the word, as a fan of a huge market team I can’t knock spending. I am genuinely concerned not just for the Mets but for how this unprecedented spending will affect baseball moving forward. Manfred will pull a lever that will impact all spending just because Cohen wants to let his boys hang and show the world how long a Slim Jim he’s got.
You were cool with it when the Yankees did it for decades but now you’re bitter. Bitter is the word.
Please stop. The Yankees never spent like this. No one did.
Remind us when the Yankees had luxury tax payments in excess of 400 million. I’ll wait.
Manfred can’t “pull a lever”. This had to be negotiated with the union. The next time Manfred can say anything is after the 2026 season.
please explain how this cripples the mets. their plan is precisely what the dodgers have done for the last decade. spend on free agents until the farm starts to developer great players year in, year out.
Any fan would be thrilled to have steve cohen as their owner.
@calamityfrancis At first, the Mets were modeling themselves after the Dodgers. They had a 3 year window of splurging before resetting. Now? That plan is out the window. 3 longterm contracts make resetting unlikely. Cohen’s new plan is to just splurge ungodly amounts every year. It’s great for Mets fans, but this seems really excessive. So, no. Cohen is not doing what the Dodgers did. No one has ever done this.
Get your facts straight , Kershaw, Seager, Bellinger, Urius, Buehler, Smith, Lux, Jansen, May..I could go on & on all home grown, Taylor, Turner, Muncy ect picked off the scrap heap in trades. Betts huge contract & Freeman half what Betts got.
Get your facts straight , Kershaw, Seager, Bellinger, Urius, Buehler, Smith, Lux, Jansen, May..I could go on & on all home grown, Taylor, Turner, Muncy ect picked off the scrap heap in trades. Yes Betts got a huge contract, Freeman half what Betts got.
Get your facts straight , Kershaw, Seager, Bellinger, Urius, Buehler, Smith, Lux, Jansen, May..I could go on & on all home grown, Kiké, Taylor, Turner, Muncy ect picked off the scrap heap in trades. Yes Betts got a huge contract but they traded for him , then extended him, Freeman half what Betts got as a free agent
Mets are only doing what the Dodgers did in 2015 except for 1 thing, the Dodgers acquired most of that seasons talent through trade. The Mets are doing it through free agency. End result? The same.
Dodgers ending payroll in 2015 was just over 316 million, with added inflation from 2015 to today I’d say the Mets are right on par with what the Dodgers did.
@Cohens_Wallet Baseball Prospectus has the 2015 Dodgers at $282m. Mind mentioning your source?
TrueBlueLA….all I did was Google Dodgers 2015 ending payroll. You’ll see it there.
The Mets are significantly over that, and have 3 longterm deals on the books. Nothing like the Dodgers. Cohen is a new force.
Cohen definitely seems to be setting a new bar for sure. My point was the Dodgers had an ending payroll of 316 million almost a decade ago, iinflation in that time evens things out.
The fact Cohen has commited to making the Mets organization great at literally any cost not only now, but long term, is really what sticks out. In that sense, yes he’s started something that’s never been done before. Now we sit and see if it actually works out or not.
Thanks. Ah–I think the discrepancy is primarily a matter of whether we include the luxury tax, although there’s a caveat or two in the TrueBlueLA article by Eric Stephen dated 12/1/2015. All good.
Only 3 long term contracts…that’s not a lot lol.
Not really the case. In the 2025 season they are at about $190 million including Correa if Verlander’s vesting option doesn’t trigger and still under the CBT if it does.
There will be some impact players that will be FA. Scherzer, Verlander, and Alonso.
Still, they are in an enviable position because they used their wealth to fill key parts of the roster while keeping their entire farm system intact.
Crippling the franchise? How so?
Simple economics… Steve Cohen is likely operating at a deficit right now. This means that the revenue they produce is less than their liabilities and financial commitments. Remember, it’s not just player salaries. Everyone from the GM to the janitor has to get paid plus park maintainece etc etc… Consequently this means that he plans on covering the difference out of his own personal Bank of America debit card. Huge market teams have money because of suitable TV deals, in suitable cities, with massive fanbases that actually spend money on the product be it tickets or merchandise and what have yous. Most teams operate under these parameters and budget accordingly. NO OWNERS have previous payed out of pocket for anything until this man right here.
And even so, if the appreciation of franchises keeps pace w/ the last 20 years, he’ll turn a significant profit even w/ an annual 400m payroll when he sells.
The Mets payroll isn’t even the ROI on $17 billion, by the way.
“Likely”, so @Wrian you have no idea if between the $300M in revenue sharing from MLB plus gate attendance, parking and any other revenue if in fact the Mets might be in the green without Cohen’s personal money. Maybe the other 29 owners are pocketing 100’s of millions of dollars in profit and Cohen is the only one willing to spend the vast majority of team revenue.
Walloper, I’d love to know how you came up with those numbers.
I hope you’re not working as an accountant.
Crippling how? Cohen has the money. Eppler did all this without touching their prospect base. When a ton of contracts come off the books in 2 years and payroll is around $190 million they have prospects ready to fill the spots and money to spend.
Wish the Angels had done the same.
Seems fun until you realize this likely means the homegrown guys like McNeil and Alonso will be walking in a few years.
You are using the old laws of physics. Cohen will keep Alonso if he feels like it. The real questions is what the Players Association will negotiate with the other 29 owners so that Cohen does not sign both Ohtani and Soto as well.
Unbelievable. Giants continue to break my heart. I don’t give a damn if the dude has scoliosis, he would’ve been worth the contract just with tickets and merchandise alone…. Now ticket prices are going up again and there’s no stars on the field….
Best $25 garlic fries I’ve ever had though. Enjoy another season of Brandon Crawford and Joc Pederson.
Only $7 @ Dodger Stadium and you get them in a mini helmet!
Find smtg more productive to do with your time and resources then
This is ridiculous. An absurd kind of spending must be stopped. Not just for Mets, but for everyone. Maybe another huge drop of TV ratings and loss of fans in the stands give MLB a hint that there is something very wrong with current financial and economic system.
@Darth, “absurd spending”……….which free agents did the Mets sign that other teams weren’t in on for about the same price? None. Which free agents did the Mets sign that didn’t replace an existing outgoing free agent? Just Correa. The Mets paid market price for players to improve the team and that is upsetting to the other 29 teams and their fans because…..it’s not fair……nobody ever said baseball is fair. Steve Cohen has t done anything wrong, and if 29 other teams and their fans want him to stop, sounds like he is doing a lot of things right!!
New sign for the Flushing, Queens, exit off the Grand Central Parkway:
“Evil Empire 1-1/2 miles”
I believe that is the biggest fear most commenters have, that the evil empire is now in queens instead of the Bronx, that the Mets will be better than the Yankees for the foreseeable future.
I’m a Yankee fan. Of course, we’re concerned!
@dogdays2 I’m a Dodger fan, it’s concerning to me only from a “the Mets are going to be good, really good” standpoint. I find Cohen entertaining, I don’t think it’s “bad for the game”. It’s the natural order of things that the Dodgers must be better than the Angels and in NY, the Yankees, Giants, Rangers and Knicks have to be better than the Mets, Jets, Islanders and Nets….new works for the baseball side
I didn’t say it was bad for the game, I’m just saying I’m concerned the Mets will be good for a long time.
However, I do think something should be put in place , not a ceiling because that will never be approved but at least a floor so that the lower teams have to at least spend the revenue share on players.
Competition is good imo. I don’t really care that the Mets are better than the Yankees. Both the Dodgers and Astros have already been better. Can’t control what other teams do. The Mets will be very fun to watch.
This Yankee fan isn’t worried that they’ll stop spending money. I’m worried that they’ll keep a GM who spends it unwisely for an owner who then gets antsy about the luxury tax after squandering big money on ill-advised contracts.
If this is Cohen’s way to get back at DeGrom leaving because ‘he felt Texas had a plan to win,’ he’s proved his point. Now they just actually have to win it all.
@padam Too bad they still don’t know how to assemble a postseason starting rotation, though, while shepherding it through the regular season.
Why so salty, Jack?
Two of the starters have multiple cy young’s and rings – one of them coming off both just last year. If that’s not knowing how to assemble a post season rotation, I’m with stupid then.
What trade? lol.
my comment above no longer makes sense because the guy deleted his comment and for some reason i cant delete mine
lets wait if this is true, its 3 20 am and this broke and nothing else i have seen or watched is even mentioning this, not much shocks me but this does, but ya, lets wait, this may be fake.
Amanda, This came straight from Heyman! Might as well have been the burning bush!
Cohen signing players like he’s Thanos collecting Infinity Stones.
How did that work out for Thanos in the end?
Well, he won…. he may have went down the next year but flags fly forever.
they have Francisco Lindor, so hes no longer their SS? ‘ confused”
Correct. He is their brand spankin new Third Baseman!
Correa would play 3B
A good reason to wake up Mark!
Cohen is going to be the reason the league institutes a cap or a similar system. Regardless on where you stand on the topic, there is no reason why the gap in payroll between the bottom 3 teams and the top 3 should be this massive.
how about – the gap between the mets and the 2nd highest payroll team is now enormous,
You exist for our pleasure.
(***meaning the A’s, Rays, and Cleveland)
The bottom three teams will receive a benefit the Mets penalty though, they get money from this.
…and they won’t spend it on players.
The Mets are now on their own level, pretty much sprnding double what the 2nd place team does.
Still need a DH.
can mlb do this, the way this team spends? i dont mean the luxury tax i mean the commissioner actually nixing this deal because of the sheer amount of taxes fees press etc that the mets will face?
It wouldn’t be the first time an MLB commissioner has used their executive power to nix a deal/trade. I can’t think of a better time to use it again than this. We’re talking 400-500M territory after taxes. The Dodgers and Yankees get flak just for sniffing 250M.
This won’t get vetoed unless there was tampering
No one did anything when the Yankees had double the payroll of the next closest team. They’re certainly not going to do it now.
Red Sox and Yankee fans crying about another owner spending too much?
This is an interesting change of events.
A’s fan is right on!!
Better than being a fan of a team whose owner doesn’t even care.
Not if it’s within the rules.
Funny how they thought ‘the Cohen Tax’ was prohibitive, somehow, when Cohen had 10+ billion more than the next crew.
It’s interesting because the Mets may actually be losing money at this point.
Cohen has already admitted to it before Correa’s signing. His hedge fund is doing great though.
I thought the commissioner’s office made it known that they would void San Diego’s 14 year/$400M contract offer to Judge, should it have been tendered and accepted.
So if this is the case than it represents what goes too far. Although in that case I reckon it was simply a too-blatent attempt at lowering the AAV for luxury tax avoidance; I suppose a 10 year contract for the same value would have been OK.
Time for the Phillies to trade Bohm, Carshield and a couple prospects for Devers. Also while at it might as well sign Kimbrel and Eovaldi. After all its a Dombro/Cohen World and the Mets owner must be the richest person in the World. You can buy a Team for their players salaries combined!
Phillies don’t need to be as ludicrous as the Mets. It’s not a sustainable model for them. There’s only one Steve Cohen.
Yea some Phillies and Braves fans are definitely worried and want to keep up with the Mets. Both Phillies and Braves aren’t off the right path in their trajectories and shouldn’t be worried about the Mets until
@SocoComfort: As a braves fan, I am not worried about the Mets in the slightest. On paper does their team looks crazy? Yes. Will it translate into the teams chemistry? Who knows. It’s super fun to see an owner spend like this, but I’m curious to see how this spending affects the team long term . It has a Bonilla feeling to it in my opinion.
But hey, if they win a world series or 2 then either way im sure fans will say it was worth it. It is pretty cool seeing an owner spend like this.
I can’t stand the Mets, but I have no idea how a fan of a team in their division isn’t concerned both today and for the future.
With all due respect, it’s delusional.
The Braves still have a better team than the Mets. The Mets have $80M invested in two old starting pitchers and then I believe a bit under $40M in Marte and Nimmo who’ll both more than likely spend chunks on the IL. Now they sign Carlos Correa who has very underwhelming numbers for a guy that just got paid like he did. Like I said before the Mets still won’t win anything.
It’s not that you don’t respect the Mets talent, but you can’t run your team into the ground because the Mets have an owner with ungodly amounts of resources. Phillies and Braves are both lucky enough to have owners who spend, but they can’t play Cohen’s game. They need to stick to their own plans.
The Mets basically were a game away from the Braves last year. The Mets choked, Credit to Braves for winning the division.
But clearly, the Mets are now a much better team than in 2022. Hoping for injuries isn’t really sound analysis in my opinion.
Ha, you mean Bohm, Painter and Crawford?
Not that I agree with the trade proposal, but Red Sox fans need to lower their expectations. Devers is a rental. The Sox are not going to get a large return, especially if they hold on to him until the deadline.
I would not be shocked to learn that Preller is already thinking about sending Merrill and Rosario to Boston for Devers.
I can totally see this.
Phillies don’t need Devers and shouldn’t trade their top prospects for him. Their offense is fine. They need to strenghten their bullpen & maybe add another starter. Don’t need to react to the Mets spending stupid money
Exactly. You can ignore the Mets. Let them go nuts. It may work. It may not. Phillies need to stay on their own path.
Ummm, . . . . did you see Kimbrel? The Phillies shouldn’t want him for league minimum.
Try more like both top pitching prospects and bohm
@Big whiffa The Red Sox aren’t going to get a big return for a player that’s a FA at the end of the season. They’ll be lucky to get 1 prospect.
Hmmmm. Ohtani has one more year, Soto had half a year, one prospect you say. Devers would command a pretty good haul for one year, as well as a half a year rental.
@luclusciano – Juan Soto had two and a half years of team control remaining when the Padres got him from the Nationals. Josh Bell was also part of that deal and he was a half year rental.
Ohtani is the best player since Babe Ruth. Soto had more than 1 season of control when he was traded. Devers is a FA in 2024. They longer the Sox hold onto him, the lower the return. Anyone who really wants him can just sign him next season as a FA.
Worst signing ever. Plays maybe a third of the season. Distrustful and sneaky. Overrated
I would think that the Giants would retain some exclusive rights period, sort of like when signing a Letter of Intent, that would allow them to investigate the medical question without having to contend with a competing negotiation.
It’s quite possible the story is much different than how it’s being presented. (Was their really a medical red flag? Did Correa back out?) But if it’s as reported (as vague as it has been), it doesn’t make sense that Correa would negotiate a 12-year contract with the Mets within hours of the medical issue arising—and with the Mets presumably ignoring the purported medical concern.
It’s likely that the Mets deal was already a proposal in place that the Giants beat by going one more year.
So the Mets contract became the deal defaulted to when Correa backed out on SF, assuming both player and Mets agreed to use the existing template. There are surely clauses such as “if the signing team alerts the Player’s Agent to a medical concern by [x], the the Player retains the right to sign elsewhere for 12 hours after the alert….” etc etc etc.
Probably wasn’t a new deal negotiated.
SF likely said, make xyz changes or we walk. Boras picked up the phone, called NYM, and said, you still interested? Last offer still on the table? Mets say yes, Boras says Done!.
giants fans gonna be on suicide watch this holiday season
He’s right. Everyone reach out to a Giants fan in this time of despair. Send your condolences for the 2023 season
Not at all. Just don’t care about them anymore. The team doesn’t care about us. Already can’t afford to take my kid to a game, and I don’t believe for a second that the Giants ever planned to spend money this off-season. I think it’s all collusion for the most part. This stuff I engineered
PLEASE don’t do it. I will pray for you.
Isnt they already have Lindor at SS, Mcneil at 2nd and Escobar at 3rd?
Well—the first two. Escobar’s on the block, presumably.
They finally figured out that in Mauricio, Baty, and Vientos, they had 3 DHs. Took them long enough given all three average 35 errors pro rated to a full season.
—Did Cohen get a terminal diagnosis or something?
rumor has it he is doing everything he can to get his father in law, a diehard since 1962 that never misses attending a game, a ring before he dies. Hes in his 90s.
McNeil will likely not be extended when the time comes. Escobar may be traded now. Probably for another All-Star.
@niel_marshal The Mets were also pretending that three of their top prospects were 3Bmen.
So, are the Mets at $400 million now? Or they blew way past that? They aren’t the evil empire, they are The First Order. Just making baseball as boring as basketball.
I think they are over 500 with luxury tax…Could be wrong..
this deal actually makes no sense, they didnt even need his position filled
So the owners are called greedy when they don’t spend enough money and now also when they spend TOO much money? Just admit that you hate the rich for no good reason.
No. That has nothing to do with it. Mets were fine at 3rd base. And despite all the spending, the Mets seemed to be on pace to reset in 3 years. Now after this move, the Mets have no intentions of resetting. Cohen got his splashy new toy that he didn’t need. He got all the headlines. Come on. Even Mets fans have to think this is excessive. Good on Cohen for spending, but these aren’t smart baseball moves anymore. It’s just mass spending.
@von – I as a Mets fan agree, however what some may not understand is that Cohen is the Mets savior after all the years they were outspent by the Yankees, back page press, etc. He’s a Mets fan who now owns them and empathizes with the base.
The spending is ridiculous, and takes away some of the internal growth we all enjoy seeing. He’s making other teams possibly regret some of the spending they themselves have done – which was reasonable compared to this display from Cohen. On the other hand, you have to cheer for Cohen as well since he’s an owner doing what we’d expect owners to do with all the money that comes in – reinvesting it into the team. If we had access to their books and saw Cohen made very little profit with all the signings, would anyone truly complain? I’d suspect other owners would be called out on their “greed.”
He’s basically giving the fans what they want.
@padam: And Cohen is a fan. What’s wrong with giving the fans what he and they want? It’s a lot better than the Wilpons and Katz did the last dozen years.
I sort of agree there, and it’s something I had been warning about for awhile now, but it’s really hard to know what to expect from Cohen at this point since he does have the wealth to weather those luxury tax payments if he so chooses to, as insane as that might sound.
If he does weather those exorbitant payments, there’s no issue. But if he ever decides to cut payroll as a result of all this spending, then I would agree with you. I just don’t know one way or another what the future will bring, so it’s hard to criticize him…yet.
3B was an issue. Now its no longer an issue.
How was it an issue? Escobar’s 2md half numbers were very solid. This is a huge upgrade, don’t get me wrong. But it was excessive. It wasn’t needed.
@ Von, in the corporate world your company is only as good as it’s weakest link, and replacing your weakest link – even if that link is “good” compared to similar position people in other companies, is how companies excel. If the person was a poor performer they are fired and if they were good, just not as good as their replacement they are reassigned to another role. In this case Escobar is “good”, but 3B was one of the Mets weakest links. Correa is better, a strong link in the chain to play 3B and Escobar gets reassigned to a utility role where he can be in the top tier of utility / bench players, a strong link in that role. Cohen has brought corporate logic to the ball field.
Except cost is a real thing. Surely your corporate world would factor that into the need to upgrade?
The only question here is if and when money actually becomes a cost for Cohen. No way to know right now.
@calamityfrancis: And DH is less of an issue as well.
So the Giants expect their fans to come to the ballpark next season and buy $15 beers while they roll out a lineup of nobodies once again? F that they aren’t getting a dollar outta me next year after this embarrassing offseason.
Liam I’m right there with you. The Giants don’t deserve a penny of my money at this point.
But the Giants were obviously willing to spend big. They saw a huge red flag. They did their due diligence. Would you buy a broken car? It’s tough to accept as a fan, but depending on what the issue was, they may have dodged a huge bullet.
Correa agreed to play 3B with NY. For less years and $$! Way to improve the relationship with the greatest SS in franchise history, Brandon Crawford, Kap and Farhan!
I doubt it. I don’t think they ever intended to spend. I fully expect Correa to put up a handful of all star seasons for the Mets during the rest of the 2020’s. I don’t think Correa wanted to play for a franchise with zero hope to win during his tenure, and the Giants knew all along this thing would fall through.
Sign Correa, but in the market looking to deal Carrasco?
Sign Senga, but not Rodon?
The Mets are incoherent, and Cohen’s the fat man staggering into the buffet, grabbing at everything that looks tasty.
The salt is strong with this one.
“Sign Correa, but in the market looking to deal Carrasco?
Sign Correa because he is better than who he replaces, Escobar
Deal Carrasco because Peterson will yield a better ERA+ and team win probability if he has the #5 rotation spot
Sign Senga, but not Rodon?
Sign Senga because of his ace potential and strong health history
Don’t sign Rodon because of his injury history
It all seems perfectly logical.
Mets don’t care about medical issues? Haha. Mets officially the super villains of baseball.
Giants website has removed any mention of Correa or the original agreement. Yikes!
I think us Giants fans know what needs to happen in SF
Extension for Farhan
and 5 minutes ago i was hoping the red sox sign greinke, lol
I don’t like the Giants or Mets. So it’s a win win for me.
NY Post has the story, many on Heyman’s twitter thought he was hacked, but apparently he talked to Cohen in Hawaii. said the team needed one more piece. Will play 3rd. amazing
Isn’t that problematic? Talking to a player after he already signed with someone else?
i dont think the giants ever officially signed him
Right, but he was “in agreement.”
Heyman talked to Cohen.
Ohh I see. Thanks Trumbo.
Haymen talked to Cohen is what the former commenter meant.
Not a problem VPH
Looks like the Trash Can Brigade is reuniting in Queens!
I hate the Astros/Carlos Beltran for what they did but sheeesh that joke is getting tired.
McNiel to 1B/UT
Peter to DH/1B
Correa is playing 3B
Escobar about to go bye bye
Joe It All
1958: The Giants crush fans hearts when the franchise leaves town to play in San Francisco and 2 year old Manhattan youngster Steve Cohen vows to get his revenge.
2022: The Mayflower truck quietly leaves San Francisco under the cover of darkness and heads East to Queens
so hes hurt/sick yet he was signed? again, makes no sense, need more info, not just more to come…
i love how you still say stuff about the trashcan stuff, NOBODY cares about that anymore, and if it wasnt for mike fiers, a washed up has-been, that should have kept his mouth shut it never would have gone out. you need to accept that every team has a video screen over their dugout aswell as leading into the clubhouse, you need to get over it.
Lol. Bang bang!
He’s still a cheat. That doesn’t really go away.
I mean… should it?
You guys are upsetting Manda Panda! Bullies!
It’s at times like these (and for all things laptop-related) that a lefty turns to the NYPost…
But this I agree with.
Guys like Jose Canseco and Mike Fiers are whistle-blowers and heroes.
Mike Fiers happily accepted his ring and postseason bonuses. He is not a hero. He’s a clown. At least Canseco said PEDs were used by most of the league. Fiers only went after one team, all the while knowing Beltran is the one that brought it over and Houston was just one of many teams doing it. Fiers was just butt hurt he wasn’t on the World Series roster.
He’s neither a hero or a clown… but he did the right thing.
This probably sounds crazy to most, but I honestly don’t like any of this as a Mets fan.
Yes, it’s baseball so spending a lot won’t guarantee a thing. And I don’t hold anything against Cohen for putting his money where his mouth is in supporting the team. He deserves credit for that. I just don’t enjoy the thought of blowing away other teams in terms of payroll. That scenario bores me even if, as they say, you still have to play the games.
Frankly, I didn’t even care all that much about the lack of spending during the Wilpon years (well, at least those years we were top-10 in spending). My biggest gripe was with how poorly the organization was run from top to bottom. The fans obsessed with payroll were always missing the point. Look at how well the Rays do year in and year out without spending a lick. Being a well-run organization and top-10+ in spending would have been more than enough to be a consistent contender.
Perhaps more importantly, forgetting for a second about what is fair and what isn’t fair, what’s good for the health of the league, etc, fandom doesn’t have rules. Many Mets fans will love this signing, just as they have loved every other signing because it’s not their money. I’m happy for them and the fanbase as a whole. My particular brand of fandom is different. Not better, not worse, just different. Call me an idiot for that if you want.
In any event, it’ll be interesting to see how the league eventually tackles this issue. A cap and floor feel more inevitable by the day.
@SheaGoodbye Well said. As a longtime fan I was repulsed by Cohen’s first year, and relieved by the comparative professionalism of the second year. Results happen, and losing in late September and the first round of the postseason seemed baked into signing an old, expensive team while the farm developed.
But this is different, and there’s an incoherence to it. You have three players ostensibly able to play 3B, and headed there after the Lindor deal, supposedly fitting into your spend now, prospects later plan… but over the last two seasons none of them develop into even adequate gloves at third? And yet you fetishize top prospects anyway, when parting with one at the Deadline would have been extremely wise under the circumstances?
There’s a lack of underlying intelligence that grates, and that even wild spending may not paper over.
Good points. The initial plan seems to be gone in favor of winning at all costs, a strategy that appeases fans in the short-term, but rarely works out, simply because it takes a lot of skill, luck and momentum to win it all. At this rate it’s World Series or bust, and even though I think the Mets are great on paper, I’d still take the field when it comes to winning it all.
Yup. Always take the field.
Except that… taken individually, none of Cohen’s deals stand out as particularly egregious. Lindor, Correa, Senga and Nimmo are the only players signed to long-term contracts, and they’re all relatively young. Mets haven’t had to trade any prospects and haven’t signed anyone who had a QO. Meanwhile, they’re getting extra draft picks (admittedly lower down) from their own QO free agents who have signed elsewhere. Both the Mets’ short-term and long-term future looks very bright.
I don’t disagree, although with tax penalties included, his 2023 payroll will be approaching a half a billion dollars, meanwhile a team like Miami in the same division will be at $50MM. He blew up the pay structure for pitchers when he gave Scherzer a $43.5MM AAV and matched it with Verlander. It’s not a surprise the only two pitchers with that deal are on the Mets, but in the process, it’s pulled up all pitcher salaries.
There will be blow back from the other owners in the next CBA where they’ll significantly penalize Cohen as they did with Steinbrenner. He knows though that that is still four years off, and they’re going to do it anyway, so he might as well spend huge right now to see if he can buy a few championships before they clamp down.
And I think the statistical odds would agree with you. At some point, you get diminishing returns from adding talent. This ain’t the NFL or the NBA.
Giants best team in MLB
What in the?!!!
heres what really happened..
carlos looked at the giants and said, this teams not gonna compete and we wont be good for awhile, i wanna try something else, boras said okay let me think, the press conference was held up while this deal was being worked out,. probaly took awhile, then hes a met, a team that will compete
not that hard to comprehend, assuming the Giants deal never actually went through, saying he signed for xxxxxxxxxxxxx is wonderful, but nothing actually happened, it was just words and numbers, ask yourselves, if the deal happened, why wasnt he interviewed about his, asked about it, why werent the giants owner on tv discussing getting him, why wasnt their a press conference untill today?
You are really taking this hard…
Nah, I think there really was an issue that worried the giants and rather than working out incentives or reworking the years. Correa, who felt slighted or that the issue wasn’t severe, let Boras know he didn’t want to play for them anymore and voila!
Spending money doesn’t guarentee a championship. If this team fails to win the World Series, what does Cohen do next offseason?
Sign Ohtani and a bunch more shiny new toys. He’s not going to stop now. He’s not going to reset and go under the tax now. He’s all in.
Ohtani and Trout BOTH! No more playing games!
Sources say Cohen has checked in with the Marlins. He will just buy the team next offseason and swap players back and forth, as needed.
wow! I guess Machado regains his #1 villain status in the NL west.
Til he opts out and signs with the Mets next year too.
Mets would not bid on Judge out of professional courtesy, but they’ll swoop-in on the Giants no problem. That’s what you get for leaving NYC.
Actually I don’t know who is more ridiculous here. The Giants for completely botching the whole process ( Did it really take this long to get a test result ), The Mets for just being completely ridiculous, or MLB for letting this kind of thing happen 1 year after signing a new CBA. I actually kinda feel sorry for Buck Showalter. He has to find a way to massage a bunch of massive egos who are all going to want their own way. Stay tuned. Is this the biggest case of buyers remorse in League history? Bad Dr’s? FO incompetence? All of the above? This story still has a long way to go.
Mets fans can say goodbye Alonso
Don’t think Alonso is going anywhere…
Here’s the thing, Alonso and McNeil see these contracts their teammates are getting. They’re going to want to top that. One or both will walk. The Mets, one of the best franchises in baseball, are actually in the red because of luxury tax penalties. So I do think this is going to cost the Mets down the road, but for now, sit back and enjoy the insanity.
The Mets are paying Robinson Cano $22m for the 2023 as well! Lol!
I wish I could repost this.
Wow. This is…. I assume this is super not cool? One of those unwritten rules of things you don’t do?
I hope the Mets’ financials choke on these bloated contracts to guys like Lindor and Correa. Nothing against Lindor but it was an overpay.
Correa’s deal is a joke- after all that egotistical chest puffing and jawing from Correa, he winds up nowhere near the highest AAV and relatively low on the all time guarantees list, all things considered.
Considering how the Mets’ line ups work out regardless of top paid free agents, I’m not worried. I think this is money down the drain across the board.
Well, I hope Steve Cohen’s model train set in his basement called the New York Mets is worth the excessive expense to play with- Correa is basically just a overpriced additional train car whose magnet doesn’t quite stick to the other train cars and looks kinda cool but will rarely work on the track when all is said and done.
Cohen doesn’t have a basement, silly. He bought that $150M Penthouse in NYC.
For real though, Cohen is burning money faster than Pablo Escobar ACTUALLY burning money for his daughters warmth.
Dude, you need professional help.
Me? But I’m a Trillionaire Team Operator. Nobody more powerful in the industry than myself. I am the secret owner of the secret best team ever.
Dude- in all seriousness it’s a comment section of baseball news. It’s all for entertainment. If you think my comments qualify as needing professional help you don’t really understand what constitutes needing professional help.
I’m just a long winded baseball fan waxing excessively on the topic and believe it or not, my real life is separate from the couple of minutes I spend on these comment sections in slow moments throughout my otherwise busy, important day of operating a team as a trillionaire.
Pshh.. Who’s gonna use this whole Metaverse people keeping about, when we still have these perfectly good, faceless, chat forums?
Wow, good thing the Giants warmed up their relationship with Crawford eh?
Massage? Oh, careful! Correa’s natural enemy – the massage. I’m not sure Correa comes across well in this matter, either, Mike. Perhaps some misleading medicals? All three parties look suspicious in their own light.
Dude has a very specific stretching program he has to go through to be able to play in a game. It takes 2 hours to complete.
Best Screenname Ever
Cheering for the Mets now must seem like cheering for Deep Blue to beat Kasparov. Best thing will be when Mets lose anyway.
Baseball needs villains. Mets likely surpass the Astros as the most hated team in the game. It’s good for the sport.
not even close after Wilpon cheap poorly run ways they deserve it. Astros still top it. Only regret is we won’t see Correa as often enough to boo the living day lights out of him
Trust me, Blue Dude, Mets are public enemy number one. They even signed one of the faces of the 2017 cheating scandal.
Mets would’ve been better off trading for Russell Westbrook. At least his contract clears in 2023 and not 2035.
Def not cool but I think us poor(er) teams need to get used to it. Good thing is there’s only 9 positions on the diamond. They can’t get everyone right? RIGHT?
Footnote: 1 minute of advertising for a Mets game now costs 5 million dollars. No checks please.
I can guess where Ohtani is going next year. And Soto after that. So stupid.
I always wonder if some players get turned off by it. The Mets are win the WS or bust at this point. Is it more fun to win with a team that isn’t “supposed” to win? If the Mets win the World Series, no one is going to point to the one player who pushed them over the top. It was just Cohen’s money. So will some FAs be turned off by the Mets now? Or, much more likely, will most players just seek out the best deal possible?
As long as the checks don’t bounce, I doubt they care about the moral implications of what the Mets are doing.
I’d guess players might prefer to grow up with a team and win, say the way the Braves did it, or the way the Astros did it, more or less, but a common, believable refrain esp from good players is they want a chance to win it. The Mets definitely offer that chance—more so than SF in this case.
It’s tough to get a clear win, in any case. If payroll + tax is $475m and the next highest payroll is a little more than half that, you’d probably better win the World Series. Might take some of the luster off the trophy if you do, though. And if you don’t win, the jokes on late night tv will burn a bit.
Good point, Ohtani seems the type that could be grossed out by this type of spending, absurd financial advantage.
Would love to know what the medical “issue” was to allow the Giants to back out of the deal. Did they even try to restructure it? I’m sure we’ll hear more in the coming days.
LordD, They found out he was bowlegged.
@LordD99 Thing is, unless there’s more to the tale the Giants didn’t back out of the deal, I don’t think. Seemed like they were at the point of saying, hang on, we’re exercising our contractual right to put a pause on things until this gets resolved.
That might involve another MRI, an fMRI in some cases, another exam, a different specialist consulted, a request to modify the deal…. all manner of things.
It had to have been written in to the contract language, though, that if the Giants put the deal on pause it gave Correa the right to sign elsewhere. That part does seem odd to me,. Most contractual pauses don’t free either party to do whatever they like. The aftermath should prove interesting!
Deal was never signed. Problem is Giants could come back and say 12/250 then where does that leave Correa ? And Boras said he gave them plenty of time. It has been close to a week. I think it was one of those the giants knew the Mets were involved they didn’t like what they saw they said go to the Mets basically
At least Cohen did not do a Twitter poll to see if he should also sign Correa.
Not a fan, but Musk isn’t a complete dunce. He had every reason to know how a poll would go so it stands to reason he wanted out as CEO, which will let Twitter recover some of the 30bn shortfall between the price Musk paid for it and it’s neutral market evaluation.
Musk didn’t care simply because he announced on the purchase of Twitter that he would eventually hire a CEO. Nothing has changed.
And then when the fans said ‘no’ he didn’t go “well, we’re doing the poll again, but this time you actually have to be a season ticket holder and the only options are ‘yes’ or ‘sure why not'”
Wait, when did Elon Musk buyout Cohen & become the owner of the Mets?
The one constant is that Dodgers fans will still boo Correa.
How anti-climactic. Wasn’t expecting this
Climax – verb – culminate in an exciting or impressive event; reach a climax.
You’re – the contraction of the words, “you” and “are”.
Damn, I didn’t even spell “you’re” correctly. Guess we are both not on our best English this early in the AM.
I just wanted to use anti-climactic. Sorry, but yours was a grammatical error rather than one of meaning. And yes, I do believe it is anti-climactic since the climax has been changed.
I feel like I’m watching a wrestling match with Heyman…. “Oh, Heyman with another reversal! Nobody would’ve expected this…..again.”
What the heck are the Giants going to do? Does this offseason impact Zaidi’s standing with the Giants?
Obviously this worried Correa enough to turn about face and join the Mets. Obviously Cohen was dead serious about paying for Correa.
Well, congratulations, again, Mets fans. Uncle Stevie got another top FA. You guys have an insane infield and your lineup just got better too. It’s a good day to be a Mets fan – enjoy it!
Clip, just wait till this afternoon when they trade cash for Shohei & Trout! We haven’t seen anything yet. This move just wet Cohens appetite!
Just want to say that I love your posts. I generally agree with you on most of them and you best me to points I want to make. Thanks bruh.
Hey clipper, Cohen must be George Steinbrenner reincarnated. I admire him, as he doesn’t let anything stand in the way of improving his team. Too bad hal Steinbrenner does not operate thusly.
Salary cap is the only solution to this madness. Now it’s all about buying superstars for the rich teams.
Unfortunately salary caps don’t do anything for parity. NBA parity is a farce, nhl almost had back to back to back champions, and while mlb recently went 8 years with 8 unique champions, nfl had Brady win 4 titles in 7 years PARTLY by gaming the salary cap and taking below market value to leave room for the players he wanted to play with
The illusion of being a contender is as important for ticket sales and ratings as being an actual contender. The final results matter less. My point is, if FA stars are only going to the same 5 or 6 teams, baseball has a massive problem. More teams need to spend. Some teams need to spend less. At the moment though, good for Cohen. Good for Mets fans. Longterm, I hope things change.
Baseball is doomed. Already has been losing fans. This is going to turn off some of the die hard fans that the MLB is clinging to. Makes the sting of a lackluster off-season for ATL subside a bit though. They snuck in 2021 before the league was purchased on Wallstreet lol.
It might not buy parity but it does buy a level playing field. This is absurd.
This makes little sense for a multitude of reasons that have already been mentioned. One more reason is that a big part of his value is the athleticism he has that contributes to his defense. At third, his athleticism will be partially wasted. With Arod, wasting some of his athleticism at third made sense because he had an elite bat. Carlos has a good bat, but not elite, so the production they get at third won’t be a ton better than an average third baseman. You could easily argue that his offense has been similar to Escobar’s. Escobar’s best year is better than any of Carlos’ and the rest are about the same.
On another note, I would love to see the Tigers pick him up to fill the hole at third with the ability to play around the Diamond.
How would you feel about Torres as a 2B for the Tigers?
The Saber-toothed Superfife
We would.ve OK with it, especially if Marion Illich sells.the team……
Only way to come at the Astros is to sign the ex-Astros Divas because Houston won’t pay them to linger on the books for a decade longer than Houston wants to pay them.
Now to get Yuli to play clean defense and move Alonso to pure DH.
Astros Hot Takes
100% agree on Yuli
Mets aren’t thinking about the Astros. In fact, it’s extremely unlikely that either team is in the World Series this year despite being the best on paper. I’d take the field.
cohen for president!!!!!
Wait he would be forced to release his taxes. I am sure he wouldn’t want that
braves fan 138
lets go mets
WTF! Like they actually needed a SS? This is beyond preposterous. Steve Cohen will probably be paying more taxes to MLB than he does to the IRS.
He’s going to play 3B for the Mets. If history is any indicator (A-Rod, Machado, even Bregman) his transition to 3B should be easy and he will likely play elite defense there.
Not only that, Clip, but his durability may well improve at 3B. I was also thinking about a move to 2B when McNeil aged into a 4th OFer / backup 2Bman, but backs don’t respond well to all the pivoting at 2B, afaict.
Dock Carlos about 5 runs for the move from SS to 3B just for playing the easier position. More, probably, given how much better a hitter the average 3Bman is compared with the average SS.
Wonder how many post-tax millions that ultimately costs the Mets, given they probably could have gotten 2 wins from 3B in 2023 without Correa, without breaking a sweat.
Yes, it was clear that Carlos Correa was going to play 3B with the Mets when news of their interest in him surfaced during the past week. They still have MLB’s most expensive SS in Francisco Lindor locked in through 2031 when he will be 37 and likely playing another position himself, perhaps 2B.
As for the other comps, A-Rod would have been a better defensive SS for the Yankees than Derek Jeter but he deferred the position to the Bombers captain out of respect. A-Rod’s power bat also profiled better at the hot corner than Jeter’s would have.
Manny Machado played SS as an amateur and was drafted as one out of high school by the Orioles in 2010. He continued to play SS exclusively during his first two minor league season and much of 2012 before transitioning to 3B. He debuted in Baltimore later that season at 19 and as a third baseman. Machado continued to play the hot corner exclusively until the 2015 season when he appeared in a handful of games at SS. As he approached free agency, he requested more time at SS because he preferred the position along with the idea of adding more versatility to his resume. Machado has been exclusively at 3B as a Padre the past two seasons even with the injury and PED issues surrounding Fernando Tatis Jr. He will likely remain at the hot corner for the entirety of 2023 before potentially becoming a FA again next offseason with his contract opt-out.
Similar to Machado, Alex Bregman was drafted as an even more accomplished amateur SS by the Astros as a collegiate 1st round pick from LSU. Ironically, Bregman primarily played 3B in Houston because Carlos Correa was already entrenched as their SS. Bregman has provided even more defensive versatility to the Astros than what Machado has given his 3 MLB teams with appearances at SS, 2B and even LF in Houston.
@clipper. Hey clip, since Cohen is going hogwild,, and picking up players indiscriminately, whether he needs them or not, maybe Cashman could make a deal with him. We Will give them Donaldson, Hicks and even IKF, in exchange for lindor. Sounds like a good deal to me. We can then play stanton in left field, and when he inevitably breaks down, pick up a real left fielder at the deadline. Sounds like a plan. Whether he plays in the field or not, he will break down at some point during the season, that’s inevitable. There’s no evidence that being just a DH is keeping him healthy at all. If anything, quite the contrary.
Ur math is so awful here. Owing 90% from 293-377m is over $70 million dollars plus the amount from the other tiers means the Mets payroll tax is somewhere around $100 million not 23m
That’s a lot of dough
In short, if the Mets never get under the 4th LT threshold, this ultimately costs them $315m + (0.90 * $315m) = 12/$598.5 million.
In any case, just for 2023, figure this is a 3 win upgrade over what they had, and $10m and change for Escobar and rookies, and the Mets are paying Correa—in his prime—close to $40m for a 3-win upgrade at the position.
(That $40m is [315/12 * 1.90] minus the assorted pro rated salaries of the three or four players the Mets would otherwise rotate through 3B.)
Why didnt the Mets decide to give that Correa money to Judge? Hes so much better than Correa
My highly speculative theory is that Cohen wants to be popular in New York, so he did not sign Judge as a courtesy to Yankee fans.
I’d wager Correa will be better than Judge over the life of their respective deals. There’s never been a body like Judge’s in MLB. Correa’s aging curve is much more predictable. That might not have been on Cohen’s mind, but I think it makes sense to go with Correa.
Scott Boras somehow orchestrated this whole thing. I won’t be surprised if there are accusations of collusion between him and Uncle Steve. As a met fan, I was in the, “It’s good for baseball; other owners need to spend more” camp, but this feels like a line has been crossed. It will be interesting to see if other teams are willing to deal with the Mets on the trade market.
Don’t blame Boras its a free market if Correa wants to get more money than feel free. Just don’t pout when he gets benched due to struggles or when team continues to lose.
My Strawman > Your Strawman
Enters the chat to make the obvious correction: Bobby Bonilla is also signed past 2029. [Ignores 250 other comments that might also say this and pretends it is an original thought.]
I am reading SO much from Yankee and Red Sox fans NOW Complaining about Owners over-spending! That is just comical! The Mets were frugal for SO long, let us enjoy this for the time being! MLBPA will not allow a salary cap, so lets throw that idea right out the window…
Mets fans complained so much then. So people can complain now. I don’t really care about thr spending that much, but fair is fair. Also the Yankees and Sox never spent this much.
Nice try redefining the word frugal. The Rays, Pirates, A’s are frugal. The Mets had common sense until Cohen, doubt it’s going to work. We’ll see.
Time for a hard cap. All it took was a joker from NY to exploit the system to see how broke it really is. It’s like a video game with a cheat code on.
Rsk, they should probably just declare them the 2023 WS Winners now. Why wait since we know the outcome? We can just assume they played the Yanks and took em in 4 games.
I get the hate for zaidi but really if there are real concerns with his medical it might have been a good process to not give him 12 yeard and handcuff the team for a decade.
That being said the giants are in a tough spot. The dodgers are still a juggernaut, the padres might only have a 2-3 year window left but for the next 2-3 years they could be really good and even the dbacks have some good talent coming up and the giants have an old roster and their farm system took a big step back.
The old roster is not really zaidis fault though, he inherited many of the players and their owner didn’t allow him to do a full tear down so he kinda had to patchwork around that roster.
That worked great in 2021 but at some point the old guys just were going to be done and unfortunately some of the prospects have struggled recently.
I’m not sure why that is either as the giants spend a lot on coaching and modern tech for player dev.
Really for long term success the ideal move would have been to do a full rebuild and tanking for 2-3 years around 2018 to really build up that farm which already had some promising prospects but then again that would have taken away 2021 and that great final year for buster posey.
MLB must do something with the competitive balance of the sport as the small market teams are becoming more irrelevant. The Mets certainly have one of the best teams that money can buy. Ultimately the run for the 2023 title may well hinge on how well Verlander and Scherzer hold up.
What should be done is make there be a floor alobg with a ceiling. What is the point of having nothing preventing teams from spending money, but not have a floor where teams should at least attempt to be competitive while collecting money without returning it to the product on the field.
Wow. All this money for the Mets only to still find a way to collapse and come 2nd to the Braves in the division
I would be scared of them as a Braves fan as well. Mets aren’t messing around this time.