Mets Sign Omar Narvaez

December 22: The Mets have officially announced the deal.

December 15: The Mets have dipped into free agency yet again, agreeing to terms with backstop Omar Narváez. It’s reportedly a two-year, $15MM guarantee that allows him to opt out at the end of next season. Narváez, a client of ISE Baseball, will make $8MM in 2023, leaving him to decide on a $7MM option for the following season.

Narváez, who turns 31 in February, heads to Queens after three seasons in Milwaukee. The Brewers acquired the lefty-hitting backstop from the Mariners during the 2019-20 offseason. Narváez had developed a reputation as a bat-first catcher in the Pacific Northwest. He’d hit .278/.353/.460 during his lone season with Seattle. That’s excellent production for a catcher, but his pitch framing metrics were well below-average.

The Brewers landed the #1 catcher they’d been seeking in that deal, although they likely didn’t foresee the scope of his production changing the way it did. Narváez seemed to make a concerted effort to improving his pitch framing numbers. He posted strong marks in that regard in all three seasons in Wisconsin, with Statcast cumulatively crediting him as 21 runs above average over the three-year stretch. That defensive uptick coincided with a drop in production at the plate, though, as he hasn’t managed to repeat his early-career offensive numbers.

Over his time as a Brewer, Narváez hit .233/.318/.350. He was average or worse in each season, including a lackluster .206/.292/.305 mark in 296 plate appearances during his platform year. The Venezuela native had a pair of injured list stints this year, missing time with COVID-19 and then a left hamstring strain. Even when healthy, Milwaukee deployed a more even split in playing time with Víctor Caratini, who marginally outperformed Narváez at the plate.

Narváez has solid contact skills, but a 22-homer season of 2019 now looks like the product of the very lively ball used that season. He’s only topped 10 homers in another year once, hitting 11 in Milwaukee’s hitter-friendly home environment in 2021. While he rarely hits the ball hard, he’s worked walks at a strong clip in each season of his career and strikes out less often than the average batter (aside from an anomalous spike in the abbreviated 2020 campaign).

It’s a bit surprising to see Narváez secure a $15MM commitment, particularly one that affords him a chance to retest the market a year from now. With Willson Contreras and Christian Vázquez off the board, he was the top remaining free agent backstop. Narváez has showed glimpses of offensive and defensive potential, although he’s never quite put the two together over a full season.

New York has been incredibly aggressive this winter, but they’d sat out the catching market. The Mets could’ve rolled things back with veteran James McCann as the starter, particularly since they have the glove-first Tomás Nido as a depth option and top prospect Francisco Álvarez in the wings. McCann has only a .220/.282/.328 line in 603 plate appearances since signing a four-year free agent deal over the 2020-21 offseason. Nido has never hit enough to be a regular, and the 21-year-old Álvarez still faces questions about his ability to handle the rigors of the position. The presence of Narváez doesn’t figure to stand in Álvarez’s way once the organization deems the youngster ready for a full look, though it’ll afford them some extra veteran security if he needs more time to hone his receiving and game-calling skills.

The Mets would presumably be happy to find a trade partner for McCann. With $24MM still due over the final two years of his contract, the Mets would surely have to pay down some of the money to offload the veteran backstop. They could keep the righty-hitting McCann to partner with Nárvaez in a loose platoon arrangement. Doing so might require parting with Nido, however, since he’s out of minor league option years. All three backstops would have to stay on the MLB roster or be cut loose, and that’s before considering the possibility of an Álvarez promotion. At some point next year, one of McCann or Nido seems likely to have changed uniforms.

Tacking on another $8MM brings the Mets projected 2023 payroll north of $343MM, per Roster Resource. The deal counts for $7.5MM against the luxury tax, since the player option is treated as guaranteed money when calculating its average annual value.

New York has already shattered the fourth and final tier of CBT penalization, subjecting them to a 90% tax on every additional dollar spent. The Narváez deal will cost them an extra $6.75MM in taxes, meaning the Mets are committing $14.75MM to secure his services for next year alone (in addition to the 2024 option). That’s likely a far higher price than any other club would’ve paid, but it’s the latest example owner Steve Cohen is unconcerned about spending when the front office presents him an opportunity to improve the roster.

Robert Murray of FanSided was first to report Narváez and the Mets were nearing agreement on a contract. Joel Sherman of the New York Post  first reported it was a two-year guarantee with an opt-out after 2023. Jon Heyman of the New York Post was first to report the $15MM guarantee and financial breakdown.

Image courtesy of USA Today Sports.