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ESPN, MLB Opt Out Of TV Deal For 2026-28

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Major League Baseball and ESPN each opted out of their broadcasting contract covering the 2026-28 seasons. Barring a renegotiation, the upcoming season will be the final year of their partnership. Evan Drellich and Andrew Marchand of The Athletic reported the news before either MLB or ESPN announced it.

MLB released a statement reading in part:

“We have had a long and mutually beneficial partnership with ESPN that dates back to its first MLB game in 1990. Unfortunately in recent years, we have seen ESPN scale back their baseball coverage and investment in a way that is not consistent with the sport’s appeal or performance on their platform.

Given that MLB provides strong viewership, valuable demographics, and the exclusive right to cover unique events like the Home Run Derby, ESPN’s demand to reduce rights fees is simply unacceptable. As a result, we have mutually agreed to terminate our agreement. … The positive energy around the sport has also led to significant interest from both traditional media companies and streaming services who would like to obtain rights to MLB games. We will be exploring those opportunities for a new agreement which would start in the 2026 season following the conclusion of ESPN’s agreement at the end of this year.”

ESPN said in a statement of its own that it “applied the same discipline and fiscal responsibility that has built ESPN’s industry-leading live events portfolio. … As we have been throughout the process, we remain open to exploring new ways to serve MLB fans across our platforms beyond 2025.”

Clearly, the contract’s collapse stems from a disagreement on rights fees. Drellich and Marchand write that ESPN would have paid roughly $550MM annually had it not triggered an opt-out by March 1. The broadcast company sought to renegotiate, pointing to the much lower fees paid by Apple and Roku on its own deals. Apple pays $85MM annually for a pair of Friday night games that are carried on Apple TV+. Roku is paying $10MM per season for the right to broadcast one game on Sunday mornings.

ESPN’s television package was much more robust. The network carried the Sunday night game each week of the regular season (the only game in that time slot), the Home Run Derby, and the Wild Card round of the playoffs. That’s far more valuable than Apple’s pair of non-exclusive Friday night games or Roku’s Sunday morning slot. It’s not clear how far ESPN wanted to cut fees on a new deal, but that wasn’t of interest to the league.

Drellich and Marchand relay a memo that MLB commissioner Rob Manfred sent to the league’s owners explaining the decision. In addition to differentiating between ESPN’s package and those of Apple and Roku, Manfred wrote that MLB has “not been pleased with the minimal coverage that MLB has received on ESPN’s platforms over the past several years outside of the actual live game coverage.” The commissioner wrote that he did “not think it’s beneficial for us to accept a smaller deal to remain on a shrinking platform.”

Manfred indicated that MLB has begun discussions with other platforms. ESPN had carried Sunday Night Baseball since 1990 and the Home Run Derby since ’93. The current contract was negotiated in 2021.

The Mariners’ Second Base Competition

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The Mariners spent most of the offseason looking to address the infield. They eventually made a pair of relatively small free agent pickups. Donovan Solano was brought in as a right-handed platoon partner for Luke Raley at first base. Seattle surprisingly re-signed last year’s second baseman Jorge Polanco after the worst season of his career. The M’s are attributing that dip mostly to knee issues that required postseason surgery.

Polanco is moving to third base. That’s an effort to reduce how much he’ll move laterally to hopefully put less stress on his knees. The Mariners needed to do something at third base. Josh Rojas, who’d provided very little offensively after the first month of last season, was non-tendered. Polanco’s return will hopefully provide a boost at the hot corner, but it leaves second base open. There’ll likely be a camp battle between a veteran utilityman, a couple players with limited big league experience, and perhaps one of the organization’s top prospects.

Dylan Moore

A six-year major league veteran, Moore has easily the most experience of anyone in the competition. He has been a productive role player for Seattle. Moore typically plays in over 100 games per season while bouncing around the diamond. He takes a lot of walks and brings some right-handed pop, but his batting averages have hovered around the Mendoza line. He’s a career .206/.316/.384 hitter. He posted a .201/.320/.367 line with 10 homers and 32 stolen bases across a career-high 441 plate appearances last year.

Park-adjusted metrics like wRC+ and OPS+ had his overall offensive output right around league average — a reflection of how difficult it is to hit at T-Mobile Park. Moore’s splits are stark. He hit .249/.362/.478 away from Seattle but mustered only a .144/.269/.234 slash line at home. He was also far better against left-handed pitching. Moore hit .229/.352/.410 when he held the platoon advantage, compared to a .183/.299/.339 mark against righties.

Daniel Kramer of MLB.com wrote last night that Moore was the frontrunner for the starting job, though the M’s haven’t made a final decision. The 32-year-old has never had one settled position. He played all four infield spots and in left field last year. Moore has logged over 100 career innings at every position aside from catcher. He’s miscast at shortstop and in center field but plays solid defense everywhere else. Both Defensive Runs Saved and Statcast have credited him as an above-average defender in his nearly 1100 career innings at the keystone.

Ryan Bliss

Bliss, 25, is a former second-round pick by Arizona whom the Mariners acquired in the Paul Sewald trade. He’s coming off a strong year at Triple-A Tacoma. The Auburn product hit .269/.377/.456 with 12 homers and 50 stolen bases (albeit with 13 times caught stealing) over 93 games. He drew walks at an excellent 14.1% clip against an average 22.4% strikeout rate. The Mariners called him up in late May.

Over his first 33 MLB contests, the righty-swinging Bliss hit .222/.290/.397. He hit a couple homers and swiped five bases, but he had a tough time making contact. Bliss struck out in 22 of his 71 plate appearances (a 31% rate) with a huge 16.5% swinging strike rate. That was a small sample in his first look at MLB pitching, so some struggles are to be expected, but the M’s optioned him back to Triple-A for the final two months of the season.

Listed at 5’7″ and 165 pounds, Bliss isn’t going to be a prototypical slugger. His average exit velocity and hard contact rate at both the Triple-A and MLB levels were solid, though. He has more power than it might seem at first glance. He’s a good athlete with decent strike zone discipline. The biggest question is whether the bat-to-ball skills will develop enough to make him a regular.

While Moore provides a ton of defensive flexibility, Bliss has a more limited profile. He played exclusively second base in the majors. Bliss has played on the left side of the infield (mostly shortstop) in the minors, but his arm strength is a question. He’s fast enough that the Mariners could eventually get him some work in the outfield, though his professional experience there consists of two minor league games in left field. Bliss still has a pair of options, so he’s likelier to end up back in Triple-A if he doesn’t win the second base job.

Cole Young

Young, 21, was Seattle’s first-round pick in 2022. He has ranked among Baseball America’s Top 100 overall prospects in all three professional seasons. Young has primarily played shortstop in the minors, but he started 37 games at second base with Double-A Arkansas last season. Barring injury to J.P. Crawford, Young figures to break into the majors as a second baseman.

Could that be as soon as Opening Day? President of baseball operations Jerry Dipoto has left the door open. “We are open to the idea that if any of our young players — if we feel like they have the ability to impact us in a meaningful way — show us that this is their time, we’re just going to let them run,” Dipoto said (via Kramer).

Young is coming off a strong Double-A season. He hit .271/.369/.390 with a robust 12.1% walk rate and a modest 15.8% strikeout percentage. While he only hit nine homers, he has an advanced hit tool and plate discipline. BA credits him as a potential plus hitter with fringe power who could play an above-average second base.

The lefty hitter has no Triple-A experience. The conventional path would be for him to begin the season in Tacoma with an eye towards a midseason promotion. That’s the likeliest outcome, but a big performance in Spring Training might accelerate the timeline.

Leo Rivas/Miles Mastrobuoni

Rivas, a switch-hitter, is likelier to wind up as a depth infielder than a regular. He reached the majors last year for the first time as a 26-year-old, hitting .233/.333/.274 in 43 games. Rivas posted big numbers in Triple-A. He turned in a .296/.441/.424 slash behind a massive 20.7% walk rate. He’ll work plenty of free passes but has limited power. Rivas can play shortstop and is better suited as a utility player. With two minor league options, he’ll likely bounce on and off the active roster.

Seattle acquired the 29-year-old Mastrobuoni in a DFA trade with the Cubs last month. He’s a .219/.279/.263 hitter over parts of three seasons. He’s unlikely to play regularly but could get occasional work around the infield if he holds onto his 40-man roster spot. He still has an option remaining.

Blue Jays’ Adam Macko Undergoes Meniscus Surgery

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Feb. 20: Macko underwent arthroscopic knee surgery this morning, manager John Schneider announced to the Jays’ beat (via Shi Davidi of SportsNet). The team is not yet putting forth a formal timetable on his expected recovery.

Feb. 17: Blue Jays pitching prospect Adam Macko is likely headed for surgery to repair a meniscus tear in his left knee, manager John Schneider told reporters (including Hazel Mae). The 24-year-old southpaw came out of a recent bullpen session with knee discomfort.

Macko has been on Toronto’s 40-man roster for the past year. The Jays acquired the former seventh-round pick from the Mariners in the Teoscar Hernández trade. Toronto selected his contract last offseason so as not to lose him in the Rule 5 draft. He spent most of the ’24 season at Double-A New Hampshire. Macko posted a 4.87 ERA across 87 1/3 innings. His 26.4% strikeout rate and tolerable 8.8% walk percentage were more impressive than the run prevention mark.

The Jays promoted Macko to Triple-A at the end of last season. He only pitched three innings there and is likely headed back to begin this season. He should be in the mix for a major league call midseason, though this could set his promotion timetable back. A meniscus repair is unlikely to cost him the whole year but would certainly call for a season-opening injured list stint.

Toronto could eventually place Macko on the 60-day injured list if they want to open a spot on the 40-man roster. Doing so would start his service clock and require paying him a prorated $760K major league minimum salary for however long he was on the IL.

What Might It Cost To Extend Brenton Doyle?

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Brenton Doyle has been one of the brightest spots amidst a terrible two-year run for the Rockies. The former fourth-round pick has emerged as a quality everyday center fielder. Doyle has won Gold Gloves in each of his first two MLB seasons. The defense was the only value he provided as a rookie, as he was arguably the league's worst regular hitter in 2023. He took a huge step forward in his sophomore season to break out as a quality all-around contributor.

Doyle hit .260/.317/.446 with 23 home runs across 603 plate appearances last season. That's essentially league average offense according to park-adjusted metrics that account for Coors Field. That's a major leap from his .203/.250/.343 showing as a rookie. Doyle would be an All-Star caliber player if he can simply maintain league average production at the plate. He leads all outfielders in Statcast's Outs Above Average since making his debut. Only Daulton Varsho has more Defensive Runs Saved. Doyle is probably a top three defensive outfielder in the game. He went 30-35 on stolen base attempts last year.

Last season's offensive strides came with a real change in process. The right-handed hitter had a markedly improved plate discipline profile. He cut his strikeout rate by almost 10 percentage points. After fanning 35% of the time during his rookie season, he struck out at a 25.4% clip last year. He chased fewer pitches off the plate and increased his walk rate by a couple points. Among players with 400+ plate appearances in each season, only Red Sox's catcher Connor Wong had a bigger improvement in his strikeout rate. No one took a more significant step forward than Doyle in making contact on a per-pitch basis.

That presents an interesting evaluation. The bullish case is that it demonstrates Doyle's capacity to make offensive adjustments, perhaps hinting at an even higher ceiling as he enters his third season against big league pitching. On the other hand, it's fair to wonder if last year's improvement is entirely sustainable. Players don't always progress linearly. Doyle's numbers tailed off in the second half, especially in September. He still made far more contact late last season than he had as a rookie, but his .234/.274/.407 line coming out of the All-Star Break is far below the .276/.343/.471 mark he carried into it.

Even amidst their rebuild, the Rockies have prioritized locking up players they consider key pieces. They've had mixed results on that front. The Antonio Senzatela and Kyle Freeland extensions haven't panned out. Ryan McMahon's production has been up-and-down. Last spring's $63MM investment in Ezequiel Tovar looks like the best of the bunch, as the 23-year-old shortstop had a strong second full season in the majors.

Is Doyle next in line? Patrick Saunders of the Denver Post wrote a couple weeks ago that Colorado has had some internal conversations about the possibility. What kind of prices could the team and Doyle's camp at the Ballengee Group discuss?

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Luis Rengifo To Get Center Field Reps This Spring

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The Angels enter camp with an opening in center field for the first time in more than a decade. Mike Trout is moving to right field to reduce his defensive workload and hopefully keep him healthy. That leaves a camp battle for the center field vacancy.

Center field will primarily be filled by the Mickey Moniak/Jo Adell pairing. They’d projected as the right field tandem had Trout stayed up the middle. Moniak has been the primary fill-in when Trout has gone on the injured list in recent seasons. Adell only has 15 major league starts in center, but he told reporters (including Jeff Fletcher of the Orange County Register) that he’s excited about the opportunity to cover more ground.

Manager Ron Washington said this week that utilityman Luis Rengifo and non-roster invitee Tim Anderson will take some center field reps in camp as well (link via Rhett Bollinger of MLB.com). That’s primarily a means of expanding their versatility rather than an indication that they’re in the mix for regular work on the grass. Anderson has been exclusively a middle infielder, primarily a shortstop, during his professional career. Rengifo has logged a few hundred innings in the corner outfield. His center field experience consists of 22 innings over four games in 2023.

Asked about how they’ll divvy up playing time, Washington indicated that it’ll mostly fall to Moniak and Adell but wouldn’t necessarily be a strict platoon. “I think we’ll just see. We know both of them can play it. And we’re going to really get a good look at Adell down here this spring, where he gets more reps out there. We know Moniak can play it, so we’ll just keep going in Spring Training and see where it shakes out,” the veteran skipper said (via Bollinger).

The lefty-hitting Moniak would get the bulk of playing time if they ran with a simple platoon. He’s probably the best defensive outfielder on the roster and has nearly 1500 career innings in center field. He’s coming off a subpar .219/.266/.380 offensive showing, though. Moniak has a .272 on-base percentage in 908 career plate appearances. The righty-hitting Adell has similar on-base concerns. He’s a career .211/.268/.381 hitter in more than 1000 trips to the plate. Adell popped 20 homers last season but did so with a .280 OBP that landed in the bottom 15 among players with at least 400 PAs.

Rengifo has a much stronger offensive track record. The switch-hitter put up a .300/.347/.417 slash with six homers and 24 stolen bases in 78 games last season. A wrist injury required season-ending surgery in early August, but that marked Rengifo’s second straight impressive year on a rate basis. The bat will keep him in the lineup. The Halos have never really settled on his defensive home, bouncing him around the infield.

Washington told Bollinger and other reporters that he considers third base to be Rengifo’s best position, but free agent signee Yoán Moncada is going to get a lot of run there. Rengifo projects as the season-opening second baseman, but it might not be long before Christian Moore pushes for that job.

Last year’s eighth overall pick, Moore is a bat-first second baseman who hit 34 homers during his draft year at Tennessee. He raked at a .347/.400/.584 clip in 25 games between High-A and Double-A after the draft. While Moore is unlikely to break camp with that little professional experience, the Angels have pushed their top college draftees extremely quickly. Nolan Schanuel was up within a couple months of being drafted. Zach Neto debuted midway through April the year after his selection.

If Moore follows a similar timeline, Rengifo’s center field work this spring could be significant. Depending on Moncada’s performance, third base and center field would be the easiest places to move Rengifo to open the keystone midseason. Rengifo is making $5.95MM for his final arbitration year. He’d be one of the Halos’ better deadline trade chips if they don’t stick in the playoff race.

Mets, Connor Overton Agree To Minor League Deal

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The Mets reached agreement on a deal with Connor Overton, as announced by the pitcher’s representatives at KHG Sports Management. It’s surely a minor league contract for the 31-year-old righty.

Overton pitched in the big leagues in each year between 2021-23. He split that time between the Blue Jays, Pirates and Reds. Overton started 10 of his 18 appearances and worked to a 4.85 ERA across 59 1/3 innings. He struck out a well below-average 15.7% of batters faced against a 9.5% walk rate. Cincinnati outrighted him off the 40-man roster at the end of the ’23 season. They brought him back on a minor league deal not long after he elected free agency.

An injury cost him most of last season. Overton began the year on the minor league IL and wasn’t reinstated to the Triple-A roster until early August. Opponents teed off for more than a run per inning over his 24 2/3 frames to close the year. That obviously wasn’t going to get him another MLB look from Cincinnati. Overton hit minor league free agency again at season’s end.

While last year was a disaster, Overton has a solid minor league track record. He owns a 3.87 ERA in parts of five Triple-A seasons. His 21.4% strikeout rate there is a little below average, while his 5.3% walk rate is excellent. Overton sits in the 90-91 MPH range on his fastball and isn’t going to overpower many hitters. He profiles as a strike-throwing depth arm with the versatility to make a few spot starts or pitch in long relief over the course of the season.

A’s, Lawrence Butler In Ongoing Extension Negotiations

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The A’s have opened extension discussions with outfielder Lawrence Butler, reports Evan Drellich of The Athletic. General manager David Forst confirmed to Drellich that the team is engaged in extension talks with multiple players, though he unsurprisingly didn’t specify which ones.

Butler is a logical target. The 24-year-old had a big season to emerge as a key piece of a developing offensive core. Butler hit .262/.317/.490 with 24 doubles, two triples, and a pair of home runs through 451 plate appearances. He went a perfect 18-18 on stolen base attempts. The positives were almost all concentrated in a monster second half. Butler raked at a .300/.345/.553 clip with 13 homers and 32 extra-base hits after the All-Star Break.

The lefty-swinging Butler had entered the break as a career .205/.260/.337 hitter. He had struck out at close to a 30% clip to that point. He sliced the strikeout rate by nearly 10 percentage points in the second half. By measure of wRC+, Butler was among the ten most productive qualified hitters in the majors during that stretch.

There’s still a relatively small sample of major league success. Butler’s productivity against MLB pitching is essentially limited to three months. An extension would be a bet on the A’s part that the second half represented a legitimate breakout. There’s an argument to wait and see if Butler can maintain that level of production over a full season. At the same time, that’d run the risk of him dramatically raising his earning power with another strong year.

Butler narrowly surpassed one year of major league service. He’s under club control for five seasons and two years from arbitration eligibility. The A’s control him through his age-28 season. There have been a few extensions for hitters in that service range in recent years. Rockies shortstop Ezequiel Tovar inked a seven-year, $63.5MM deal as he entered his age-22 season last spring. Nationals catcher Keibert Ruiz signed for eight years and $50MM as a 24-year-old two seasons ago. The Pirates inked third baseman Ke’Bryan Hayes to an eight-year, $70MM extension coming out of the 2022 lockout.

Those players all play more impactful positions. Tovar and Hayes were plus defenders on the left side of the infield. Ruiz is a catcher. Butler played some center field as a rookie, but he’s stretched at the position. The A’s kept him in right field last season. He posted average defensive marks in just under 1000 innings in the corner. Butler has demonstrated offensive upside beyond what anyone from the Tovar, Hayes or Ruiz group had shown at the time of their deals, however. His camp could aim for something approaching the Tovar/Hayes guarantees, though it remains to be seen if the A’s would make that kind of investment without a larger body of work.

The A’s have historically shied away from early-career extensions. As shown on MLBTR’s contract tracker, they haven’t extended a pre-arbitration player since inking Sean Doolittle to a $10MM guarantee more than a decade ago. This offseason has been a huge exception to their typical operating procedure. They signed Luis Severino to a three-year, $67MM free agent deal that represents the largest investment in franchise history. They followed by signing Brent Rooker to a five-year, $60MM extension as his arbitration window was opening.

The club also acquired Jeffrey Springs in a trade with Tampa Bay, assuming the remaining two years and $21.75MM on his deal. They dropped $10MM to bring in setup man José Leclerc via free agency. The A’s were reportedly targeting a competitive balance tax number of at least $105MM to ensure they didn’t forfeit their status as revenue sharing recipients. RosterResource estimates their CBT number around $107MM, so they’ve hit that mark, but it seems there’s still payroll space.

Rooker, Severino and Springs are the only players signed beyond this season. Rooker is the only player locked into the 2027 roster. The A’s hold a club option on Springs, while Severino has an opt-out during the 2026-27 offseason. There’s plenty of long-term flexibility, raising the possibility of extending multiple young players. Beyond Butler, catcher Shea Langeliers, shortstop Jacob Wilson, and center fielder JJ Bleday stand out as speculative extension candidates.

Jim Todd Passes Away

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Former major league pitcher Jim Todd passed away earlier this month at 77. A right-handed reliever, he pitched six seasons in the majors during the 1970s.

The Cubs selected Todd in the ’69 draft coming out of Millersville University in Pennsylvania. He was a starter throughout his minor league career but moved to the bullpen upon reaching the majors in 1974. Todd pitched to a 3.89 earned run average across 88 innings for the Cubs as a rookie. Chicago dealt him to the A’s that offseason.

Todd had his best season for Oakland in 1975. He recorded 12 saves while turning in a 2.29 ERA over 122 innings out of the bullpen. He received a down-ballot MVP vote in the process. Todd pitched in all three games of the ’75 AL Championship Series. Oakland was swept by the Red Sox in what would be his only career playoff action. Todd spent another four years in the majors, alternating good and bad seasons while splitting his time between the A’s, Cubs and Mariners.

Over parts of six seasons, Todd posted a 4.23 earned run average across 511 major league innings. He struck out 194 hitters, picked up 25 wins, and recorded 24 saves. He finished 119 of 270 career appearances. According to his obituary, Todd had a career in real estate after his playing days concluded. MLBTR sends our condolences to his family, friends, loved ones and former teammates.

Jordan Beck Enters Camp As Favorite For Rockies’ Right Field Job

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Jordan Beck has the inside track on the Rockies’ right field job, manager Bud Black said this week (link via Patrick Saunders of the Denver Post). The second-year outfielder is “the guy who probably gets the first crack at what you would call everyday at-bats,” Black told Saunders.

Beck is positioned to make an Opening Day roster for the first time in his big league career. Colorado called up the Tennessee product late last April. Beck played regularly in left field over the next few weeks, but he only hit .190 before breaking a bone in his left hand while making a diving catch. He underwent surgery and wound up missing over two months. Beck spent some time in the minors before returning to the MLB team in the middle of August. He continued to struggle after his second call-up, hitting .187/.282/.242 over the season’s final six weeks.

It clearly wasn’t a good rookie season. Beck appeared in 55 games and hit .188/.245/.276 across 184 trips to the plate. He struck out more than 35% of the time while drawing walks at only a 6.5% rate. Hand injuries can impact a hitter’s power, so that may have contributed to his modest output. Beck hit only three home runs with poor exit velocities and a subpar 32.1% hard contact rate.

Beck certainly has greater power upside. Prospect evaluators have credited him with plus raw power in his 6’3″, 225-pound frame. He’s a .284/.380/.509 hitter in nearly 900 minor league plate appearances. The offensive ceiling will largely be determined by how much he develops as a pure hitter. He’ll need to markedly improve upon his rookie-season strikeout and walk numbers. The righty hitter has taken plenty of walks in the minors, but scouts have questioned his elevated swing-and-miss rates since his college days.

It seems the Rockies feel the majors present the best place for that development. Beck only has 39 games of Triple-A experience. He has a full slate of options remaining, so Colorado could start him at Triple-A Albuquerque if they felt that’d be beneficial. Based on Black’s comments, it appears they believe he’s ready for an extended opportunity despite his tough rookie season. Beck tells Saunders that he fought through some mechanical issues with his swing after the injury but is coming into camp at full strength following a typical offseason.

Colorado projects to run a starting outfield of Nolan Jones, Brenton Doyle, and Beck from left to right. Jones is looking to rebound from a .227/.321/.320 showing, a disappointing follow-up to his .297/.389/.542 performance during his first season in Denver. Doyle is one of the biggest bright spots for the organization. He’s a Gold Glove center fielder who hit 23 homers while making major improvements to his plate discipline last season.

Sam Hilliard is lined up as the fourth outfielder, while Sean Bouchard and former top 10 pick Zac Veen could compete for right field work if Beck struggles early in the season. Kris Bryant could still see action there, but he’ll work primarily as a designated hitter after multiple injury-wrecked years.

Steve Cohen Discusses Mets’ Long-Term Spending Plans

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Mets owner Steve Cohen spoke with reporters on Tuesday morning, discussing the organization’s spending outlook after another huge offseason. Cohen acknowledged that a winter involving a record-setting Juan Soto contract and retaining Sean Manaea and Pete Alonso pushed spending beyond his initial expectations.

“It always seems like ballplayers are more expensive than you think,” the owner told reporters (including Newsday’s Tim Healey and Jorge Castillo of ESPN). “Listen, I have the ability to spend if I have to. I want to win. And I want to put the best team I can on the field. But free agency is expensive. … Even this year, I had a thought of where I wanted to be, and I’ve already blown through it. And I really wanted to be there. And just circumstances created, ’all right, I have to adapt my thinking.'”

Landing Soto required an eye-popping $51MM average annual value that handily shattered previous precedent. They successfully waited out Alonso’s market to avoid a long-term commitment, getting him on a two-year deal with an opt-out after the first season. That comes with a lofty $27MM AAV and a $30MM figure for the upcoming season, so it’s still a huge investment in 2025. Manaea landed three years and $75MM (albeit with deferrals), while Frankie Montas, Clay Holmes and A.J. Minter all secured multi-year contracts with eight-figure salaries.

RosterResource projects New York’s raw payroll around $331MM. Their competitive balance tax estimate is slightly lower at $325MM. Those seem to be within the ballpark, as Cohen told reporters that he expects to finish the season with a payroll in the $340MM range after accounting for in-season pickups (i.e. waiver claims and trade deadline acquisitions).

That could theoretically also include a Spring Training free agent move. There’s been some thought that the Mets could try to add to the rotation after the recent revelation that Montas will be out for an extended stretch because of a lat injury. Jose Quintana is arguably the best unsigned starting pitcher, but it seems the Mets aren’t circling back to the veteran southpaw. Mike Puma of The New York Post reported this morning that while Quintana has expressed interest in returning to Queens, the Mets haven’t been involved in his market.

The Mets will enter the year with the second-highest payroll in MLB behind the Dodgers. It’ll be the fourth straight season in which they not only pay the luxury tax but find themselves in the highest penalization tier. That’s $60MM above the base threshold. It was implemented in the 2022 collective bargaining agreement largely in response to other owners’ concerns that Cohen would blow the rest of the league away in spending. Teams that land in the top tax bracket and have paid the CBT in three or more consecutive seasons are charged a 110% tax on spending beyond that number, which lands at $301MM this year.

While the Mets are going to be firmly in that tier in ’25, Cohen said he’s hopeful of ducking below that line in future seasons. “I’d like to get below the Cohen Tax,” he said, alluding to the informal name for the highest tax bracket. “We sure it’s about me? There’s a lot of Cohens out there.” To that end, he somewhat downplayed the possibility of signing another extended megadeal next offseason. “You really can’t have too many long-term contracts, because then you lose your roster flexibility, so you need to be really careful,” he said. “But I’ll let my baseball people make that decision.”

This isn’t the first time that Cohen has spoken broadly about wanting to cut back spending over the long term. That hasn’t really happened. They ended last year with a tax number around $348MM, so this season is likely to represent a slight spending cut. RosterResource estimates their CBT number for 2026 around $206MM. Starling Marte’s four-year deal wraps up after the season, as do the one-year signings of Jesse Winker, Griffin Canning and Ryne Stanek. Alonso, Montas, Minter and Edwin Díaz all have opt-out chances.

Of that group, Alonso is most likely to retest the market. The star slugger didn’t find the long-term interest he’d expected, leading to the pillow deal. Alonso acknowledged that it represented “a bridge thing just to get to the next contract” (link via Tim Healey of Newsday). He conceded that his past two seasons have been below his peak standards, which contributed to a shorter deal. Alonso declined a three-year proposal from the Mets in order to take a more frontloaded two-year guarantee. Jon Heyman of the New York Post wrote over the weekend that the Mets and Blue Jays had each made proposals earlier in the offseason in the $85MM range which included some amount of deferred money.

Alonso also said that the qualifying offer had a greater impact on his market than he’d anticipated. Any team other than the Mets would have forfeited a draft choice and/or international bonus pool space to sign him. The Mets merely relinquished the right to a fourth-round compensation pick to retain their own free agent. Players can only receive the QO once in their careers, so Alonso is positioned to hit the market unencumbered next offseason. He indicated he has no hard feelings with the Mets about how this winter played out and said it’d be “fantastic” if the sides eventually work out a longer-term contract.

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