Mets, Tim Locastro Agree To Minor League Deal
The Mets have agreed to a minor league contract with outfielder Tim Locastro, reports Pat Ragazzo of Sports Illustrated’s Fan Nation (Twitter link). The Warner Sports Management client will be invited to Major League Spring Training.
Locastro, 30, has spent the past season-plus with the Yankees, appearing in 47 games but logging just 69 plate appearances in that time. He’s given the Yankees some vital speed off the bench late in games, swiping eight bases in ten attempts while displaying sprint speed that’s ranked in the 99th percentile of MLB players, per Statcast.
Of course, Locastro’s opportunities at the plate have been limited because he’s struggled so considerably with the bat over the past two seasons. After a decent two-year stretch in Arizona that saw him bat .260/.367/.370 in 332 plate appearances (thanks in no small part to being plunked by pitches a whopping 26 times), Locastro has combined to slash .181/.257/.275 in his past 202 trips to the plate.
Despite his blistering speed, Locastro has a sub-par throwing arm that has contributed to below-average marks from both Defensive Runs Saved and Ultimate Zone Rating. Statcast’s Outs Above Average thinks he’s been a bit better than average in 1046 innings, but the consensus among publicly available metrics is that Locastro isn’t the lights-out defender some might expect for a player with his wheels.
The Mets are slated to start Mark Canha, Brandon Nimmo and Starling Marte in left, center and right, respectively, but Locastro could push for a backup role during Spring Training. Khalil Lee is the only other pure outfielder on the 40-man roster, although Darin Ruf has plenty of corner outfield experience. Locastro will join veteran Abraham Almonte as an outfield hopeful on a non-roster deal this spring, and he’ll give the Mets some speed to stash in Triple-A if he doesn’t make the roster out of camp.
NL East Notes: Marlins, Escobar, Phillies, Soto, Braves Extensions
Jean Segura is the Marlins‘ biggest addition of the offseason, even though Miami is known to have looked into several other options before inking Segura to a two-year, $17MM contract. Some of those other free agent and trade targets are already off the board, and it appears as though signing Segura ends any chance of an Eduardo Escobar trade, as Barry Jackson and Craig Mish of the Miami Herald report that the Marlins had some talks with the Mets about a possible swap.
Timing is everything in trade negotiations, and it seems as though the Marlins checked in on Escobar after the Mets reached their 12-year, $315M agreement with Carlos Correa. Had the Correa deal been finalized fairly quickly, there would’ve been a greater chance of Escobar being moved, as the veteran infielder suddenly would’ve been out of a starting job in New York’s infield. However, the Mets’ issues with Correa’s physical have led to stalled negotiations in finalizing or perhaps even reworking the deal, to the point that other teams have reportedly re-entered the picture. As such, it isn’t surprising that the Mets have opted to hang onto Escobar, leaving the Marlins looking elsewhere for a more immediate lineup fix.
More from around the NL East…
- Phillies president of baseball operations Dave Dombrowski spoke with reporters (including Alex Coffey of the Philadelphia Inquirer) about his club’s trade with the Tigers today. Moving three players was “not easy for us,” Dombrowski said, but the Phillies were tempted by the chance to add a quality, controllable reliever like Gregory Soto. The Phillies first talked Soto with the Tigers during the Winter Meetings, but negotiations seemed to cool until this past Thursday, when Dombrowski said that Detroit PBO Scott Harris called to revisit a Soto deal. In regards to the other players involved, Kody Clemens figures to take over one of the bench spots left by Nick Maton or Matt Vierling, and Dombrowski said the other spot could be filled by a future smaller acquisition, or perhaps by a player already in Philadelphia’s system.
- Sean Murphy‘s six-year, $73MM extension with the Braves made him the latest Atlanta player to sign a long-term deal within the last year, giving the Braves yet another key player locked up for the majority of the decade. It is a strategy that president of baseball operations Alex Anthopoulos has pursued “for the parameters that we have, for the market we have, for what we have to work with,” and also because of the players’ own buy-in. “These guys are choosing to stay here, and they don’t have to. I think that’s important, and it’s a credit to Atlanta and the organization across the board,” Anthopoulos told the Atlanta Journal-Constitution’s Justin Toscano and other reporters earlier this week. “There’s risk to this, no doubt about it, when you lock yourself into this…But we do like the fact that guys can just worry about going out and playing. They don’t have to worry about making a certain salary, getting certain statistics and so on, and they know they’re going to be here.”
Outrights: William Woods, Ali Sanchez, Taylor Widener, Jake Reed
William Woods, Ali Sanchez, Taylor Widener and Jake Reed have all cleared waivers and been outrighted off the 40-man roster of their respective teams, according to the MILB transaction page. All four had been designated for assignment.
The Mets had claimed Woods, 24, off waivers from the Braves in November, but needed the 40-man roster spot to announce the signing of Adam Ottavino last month. Woods pitched two scoreless innings for Atlanta last year, his only taste of big league action. He owns a fastball that has reached triple-digits, but struggled in the minor leagues last year, working to a 6.04 ERA over 25 1/3 innings at various levels. While he hasn’t found a ton of success in recent times, the Braves did see enough in him to add him to their 40-man roster ahead of the Rule 5 Draft, so the Mets will now get to keep hold of an intriguing young relief arm at Triple-A Syracuse.
Widener, 28, was designated for assignment after the Diamondbacks acquired Diego Castillo from the Pirates. Over the past three years in Arizona, he’s made 13 starts and 36 relief appearances. As a starter he owns a 4.28 ERA over 61 innings, while he’s worked to a 4.24 ERA over 46 2/3 innings of relief work. That has come with a 22.3% strikeout rate and an 11% walk rate. Given his solid big league numbers and two option years remaining it certainly won’t hurt Arizona to stash an arm like that at Triple-A Reno as a depth piece this season.
The Dodgers DFA’d Reed, 30, to make room on the 40-man roster for new signing J.D. Martinez. Reed is no stranger to DFA limbo, and this was the fifth time he’d been exposed to waivers in 2022 alone. Reed, a right-handed reliever, made appearances for the Dodgers, Orioles and Mets in 2022, working to a combined 7.36 ERA over 11 innings. At Triple-A, he worked to a much more encouraging 3.09 ERA over 23 1/3 relief innings. After being claimed four times in 2022, he’s passed through waivers this time and the Dodgers have now outrighted him to Triple-A Oklahoma City.
The Diamondbacks claimed Sanchez, 25, off waivers from the Pirates last month, but DFA’d him a few weeks later to make room on the 40-man roster after the trade for Gabriel Moreno and Lourdes Gurriel Jr. Sanchez didn’t make it to the big leagues in 2022, instead appearing at Triple-A for the Tigers and Cardinals. The right-handed hitting catcher tallied 291 plate appearances over 74 games, posting a .262/.354/.389 line with six home runs. He did get a brief cup of coffee in the majors over 2020-21, appearing in seven games for the Mets and Cardinals and picking up three hits. He’s now been outrighted to Triple-A Reno where he’ll provide some catching depth in the upper minors for the Diamondbacks.
Reports: Mets “Frustrated” By Correa Negotiations; Twins Have Rejoined Bidding
With the 12-year agreement between the Mets and Carlos Correa still in limbo, Jim Bowden of The Athletic reports that the Twins have not only jumped back into the mix for Correa but have emerged as a legitimate candidate to re-sign him (Twitter link, with audio, via MLB Network Radio on SiriusXM). SNY’s Andy Martino, meanwhile, writes that the Mets have grown “very frustrated” with the state of negotiations and have even contemplated walking away from the deal. Talks between the Mets and Correa aren’t dead, Martino emphasizes, but it’s nevertheless a pessimistic turn in what has become a wild, unparalleled free-agent saga for Correa.
The latest wave of drama comes on the heels of an evening report from the New York Post’s Jon Heyman, which indicated Correa and agent Scott Boras had engaged at least one other team as recently as yesterday afternoon. Heyman, too, noted that Minnesota had been in touch with Correa’s camp in recent weeks.
The Twins and Correa have “some momentum,” per Bowden, who adds that Minnesota appears more willing to take on some risk regarding Correa’s medicals than either the Giants or the Mets. The Twins’ most recent offer to Correa was a reported 10-year, $285MM pact, though that came before the Giants blew them out of the water with a 13-year, $350MM bid. It’s unclear whether Minnesota has made any alterations to that offer.
That Giants agreement feels like ancient history, as San Francisco canceled Correa’s introductory press conference after his physical gave the team some trepidation. There’s no indication that the Giants entirely halted their efforts to sign Correa, but while they were determining their next steps, the Mets swooped in and agreed to terms with Correa on a 12-year, $315MM pact. Shortly thereafter, however, the Mets raised their own concerns regarding Correa’s physical. That was nearly two weeks ago. A deal has not yet been finalized.
At issue for both the Giants and the Mets appears to be a nearly decade-old leg injury and corresponding concerns over how that may impact the All-Star infielder down the road. Back in 2014, while playing in the Astros’ minor league system, a then-19-year-old Correa suffered a fractured fibula while sliding into third base. The injury required surgery, and a metal plate was inserted into Correa’s leg.
The exact concern regarding the long-term stability of Correa’s leg isn’t clear, but both the Giants and Mets have at least been concerned enough to pump the brakes on their reported agreements. The Mets have reportedly discussed adding a clause that would alter the terms of the deal in the event of a serious leg injury to Correa. It’s not known whether they’ve also sought to reduce either the length or total guarantee of the agreement.
Correa, of course, spent the 2022 season in Minnesota, where he slashed .291/.366/.467 over 590 plate appearances. That came under the terms of a three-year, $105.1MM contract between the two parties that was struck last March, but Correa triggered the first of two opt-out clauses in the contract following the season, in hopes of securing the long-term deal that eluded him in his last trip through free agency.
While it’s easy to assume the Twins have a full grasp of Correa’s medical situation themselves, The Athletic’s Dan Hayes reported in late December that the team did not conduct an extensive examination of Correa during the course of the season. That’s to be expected, but it’s particularly noteworthy given that Correa had a late-September injury scare with the leg in question, wherein he remained down on the field for several moments after being thrown out on a slide into second base. Correa limped off the field, and although he remained in the game, he acknowledged after the contest that he had briefly felt numbness and vibration in that surgically repaired leg.
That incident occurred on Sept. 20, and Correa did not miss any time in the subsequent, final weeks of the season. If there were any lingering issues, they weren’t made apparent through his performance on the field. Correa batted .346/.393/.481 with a homer and four doubles in 56 plate appearances from Sept. 20 through season’s end.
Carlos Correa’s Camp In Discussions With At Least One Team Other Than Mets
It has now been more than two weeks since Carlos Correa and the Mets agreed to terms on a 12-year contract. That came within hours of his deal with the Giants falling through because of the club’s concerns with his physical. New York took similar umbrage with Correa’s right leg during their own examination a few days later, however, leaving one of the market’s top free agents in something of a state of limbo.
Since the Mets expressed concern about Correa’s physical a few days before Christmas, the organization and the two-time All-Star’s camp have maintained ongoing optimism about their ability to work through the issue. For the last two weeks, Correa’s representatives at the Boras Corporation had solely been in contact with the Mets as they worked to finalize the deal. That’s apparently changing now, as Jon Heyman of the New York Post reports that Boras engaged at least one other team regarding Correa this afternoon.
To be clear, that’s not to say Correa is moving on from the Mets. Indeed, they still seem his likeliest destination. A Mets official expressed confidence to Heyman they’ll still get the contract done even with Correa opening talks with at least one more team. Andy Martino of SNY similarly tweeted this afternoon the Mets and Correa’s camp were continuing to work on a resolution.
Nevertheless, it’s a notable development that another club is at least peripherally back in the mix. The Post’s Mike Puma reported last week that at least three other teams had reached out to Correa in the wake of the physical snag with the Mets. Correa didn’t engage in those discussions at the time, so today’s development marks a notable change in his camp’s tack.
Heyman writes today the Twins are one of the clubs that have tried to reengage Correa at some point over the past couple weeks. Minnesota maintained throughout the offseason they were hoping to bring him back after his lone season in the Twin Cities. They reportedly made a ten-year, $285MM offer earlier in the winter, but that fell shy of both the $350MM the Giants were originally set to guarantee Correa and the $315MM the Mets had put on the table. According to multiple reports, Minnesota didn’t up that offer between the time the Giants deal fell through and his agreement with New York. Whether the Twins still have a $285MM offer on the table isn’t clear, although it stands to reason they’d have some concerns of their own about the status of Correa’s leg until/unless they conduct a physical as well.
Minnesota still has a vacancy at shortstop, with stopgap veteran Kyle Farmer looking to be the current favorite at the position. Which other teams could be involved is unknown. Giants president of baseball operations Farhan Zaidi told reporters last week it was unlikely the club would circle back to Correa. The Braves and Red Sox each lost star shortstops in free agency this winter, though neither was tied especially strongly to Correa at any point in the offseason. Atlanta seems unlikely to make a massive free agent strike, while Boston just agreed to terms with Rafael Devers on a $313.5MM extension yesterday.
The Orioles were loosely linked to Correa at one point but never seemed to seriously make a run at a top-of-the-market free agent. The Padres, Phillies and Cubs each turned elsewhere in free agency for a star shortstop and the Dodgers reportedly had little interest in Correa thanks to his ties to the 2017 Astros.
All things considered, it’d appear the Twins would be the strongest competition for the Mets. That’d seem to be contingent on talks with New York falling apart. Heyman characterizes those discussions as “sticky” but there’s no suggestion they’re at a dire point.
Multiple reports in recent weeks have suggested the Mets are looking to add language that’d allow them to get out of part of the contract if Correa suffers a serious right leg injury. Puma first reported a week ago such a concept was under discussion. Ken Rosenthal reiterated that on The Athletic’s podcast on Tuesday, suggesting the deal would require some kind of modification to protect the Mets in case of injury.
Heyman echoes those reports, writing the Mets are insistent on including some kind of injury provision. According to Heyman, the club doesn’t want to make any major changes to the base 12-year, $315MM structure. They do, however, apparently want to build in a manner of lowering that guarantee and/or allowing them to get out of the contract early in the event Correa spends a certain amount of time on the injured list with a right leg problem specifically. How long such an IL stint would have to be and how many years or dollars could be voided in the case of an injury would have to be agreed upon by both sides, and it seems those issues are holding up the contract’s finalization.
That kind of clause is rare but not entirely without precedent. As an example, fellow Boras Corporation client J.D. Martinez altered his deal with the Red Sox over the 2018-19 offseason after the team flagged a foot issue during his physical. The sides moved forward with their agreed-upon five-year, $110MM framework but included stipulations that would’ve allowed the Red Sox to opt out of the final two years of the contract in the event Martinez suffered another foot injury that resulted in a lengthy injured list stint (as reported by Evan Drellich, then of NBC Sports Boston). Martinez never suffered a serious injury and wound up playing out the five-year deal before hitting free agency again this winter.
The Mets continue to try to work out a similar provision in this case. Where the winding saga will go next is to be determined, but it’ll remain the offseason’s main storyline until Correa officially signs a contract somewhere.
Mets Sign T.J. McFarland To Minor League Deal
The Mets have signed left-hander T.J. McFarland to a minor league deal, according to his transactions tracker at MLB.com. McFarland has been assigned to Triple-A Syracuse for now but will presumably receive an invitation to major league Spring Training.
McFarland, 34 in June, has pitched in each of the last 10 MLB seasons, spending time with the Orioles, Diamondbacks, A’s and Cardinals. He never racks up huge amounts of strikeouts but succeeds by generally avoiding walks and keeping the ball on the ground. For his career, he’s struck out just 13.5 percent of batters faced, barely half of the usual league average, which was 23.6 percent for relievers in 2022. But he’s gotten worm burners on 62.1 percent of balls in play, well beyond last year’s 43.5 percent average.
Though a grounder-heavy approach can certainly be a recipe for success, it also can leave a pitcher vulnerable to getting tossed around by the wheel of fortune. With the Cardinals in 2021, McFarland posted a 2.56 ERA with rate stats similar to his career numbers. In 2022, back with the Cards again, his grounder rate dropped to 53 percent after being at 63.7 the year before. His batting average on balls in play also leaped from .261 to .333 and his strand rate went from 81.5 to 60.4 percent. That caused his ERA to more than double up to 6.61.
For the Mets, they’ve been trying to patch together a bullpen for 2023 after Edwin Díaz, Adam Ottavino, Seth Lugo, Trevor May, Trevor Williams, Joely Rodríguez and Mychal Givens all became free agents after 2022. Díaz and Ottavino have since been re-signed, while they’ve also acquired Brooks Raley and signed David Robertson. In terms of lefties, assuming Joey Lucchesi and David Peterson will be working as starters, that leaves Raley and Tayler Saucedo as the primary southpaw relievers. The addition of McFarland will give them some veteran depth without using up a roster spot for now.
Mets Expected To Add Eric Hinske To Coaching Staff
The Mets are expected to hire Eric Hinske as their new assistant hitting coach, per Ken Rosenthal of The Athletic (Twitter link). As Rosenthal points out, Mets GM Billy Eppler also hired Hinske to serve as the Angels’ hitting coach for the 2018 season, back when Eppler was the general manager in Anaheim (though Hinske was replaced after just one year in that role).
Hinske, 45, was the American League Rookie of the Year for the Blue Jays in 2002 when he batted .279/.365/.481 with 24 home runs, 38 doubles and a pair of triples. He went on to enjoy a 12-year career playing at the MLB level, splitting up that time among the Jays, Red Sox, Braves, Rays, D-backs, Pirates and Yankees. In 4310 career big league plate appearances, Hinske hit .249/.332/.430 with 137 home runs, 240 doubles, a 10.5% walk rate and a 22% strikeout rate while logging time at third base, first base and in both outfield corners.
Since retiring, Hinske has worked in a variety of coaching roles throughout the league. In addition to his stint as Angels’ hitting coach, he’s also been the assistant hitting coach for both the D-backs and the Cubs (including during their 2016 World Series win). Hinske also served as Chicago’s first base coach prior to his time as assistant hitting coach at Wrigley.
Hinske’s hiring comes on the heels of some other coaching maneuvering by the Mets earlier in the winter. Hitting coach Eric Chavez was promoted to bench coach under manager Buck Showalter back in November, and in a corresponding move, then-assistant hitting coach Jeremy Barnes was elevated to the title of hitting coach.
Which Teams Are Slated To Pay The Luxury Tax In 2023?
The highest number of teams to pay the competitive balance tax in a single season is six, which occurred in 2016 and 2022. It’s possible that 2023 could be a record-breaking season in that regard, as Roster Resource currently has six teams already over the $233MM base threshold, while the Dodgers are a rounding error away from the line and another handful of teams not too far off.
These numbers are still unofficial, especially considering the arbitration salaries are mostly still estimates. Teams can also change their status by making trades throughout the year, either adding or subtracting from their ledger, but consider this a rough snapshot of where things currently stand.
Top Tier – CBT Above $293MM
The Mets are not just beyond the top CBT tier, they’re on another planet. Owner Steve Cohen has shown that he doesn’t care too much about what it costs to put a competitive team together, with their payroll currently projected for $376MM and a CBT figure of $390MM. They are currently slated to pay over $116MM in taxes alone, which is more than the total 2023 payroll of 11 teams.
CBT Between $273MM and $293MM
The Yankees are alone in this tier, but are just barely under the top threshold. Roster Resource currently has their CBT figure at $291.8MM, giving them very little room for further additions without going over. If they stay above the $273MM line, both the Yankees and Mets will see their top pick in the 2024 draft moved back by 10 spots. Both the Mets and Dodgers were more than $40MM above the base threshold in 2022, meaning their top draft picks will be moved back in the upcoming draft.
CBT Between $253MM and $273MM
The Padres are the only club in this section, with their CBT number currently pegged at $267MM. Since they paid the tax in 2021 and 2022, they are set to be third-time payors in 2023. That means they are currently slated for a 62% tax on spending over the $253MM line and will continue to do so for any further additions. Jumping over the $273MM line would lead to a huge spike to a 95% rate, as well as their top 2024 draft pick being pushed back 10 slots.
CBT Between $233MM and $253MM
The Phillies, Braves and Blue Jays are currently in this group, with the Phils ahead of the other two at $251MM. The Phillies also paid the tax in 2022, setting them up to be a second-time payor. That means they are currently set to be taxed at a 30% rate, with that rate jumping to 42% for spending that goes over the $253MM line.
Both the Braves and Blue Jays would be paying the tax for the first time in their respective histories, putting them each in line for a 20% tax rate on spending over the line. The Jays are only a hair over right now, with Roster Resource calculating their number at $233.2MM, with Atlanta at $240MM.
Just Under The $233MM Threshold
The Dodgers are currently calculated for a CBT figure of $232.9MM, just barely under the lowest line. It’s been rumored they would like to limbo under the line in order to reset their status, since that would allow them to go into 2024 as a “first-time” payor. Doing so will be a challenge at this point unless they move something off their books.
A few other teams are within range of the Dodgers and could have to start thinking about the tax line if they make another significant signing or trade. The Rangers and Angels are each at $220MM, the Cubs at $214MM, the Red Sox $212MM, Astros at $209MM, Giants at $208MM and White Sox at $205MM.
Mets Designate William Woods For Assignment
The Mets have made their signing of reliever Adam Ottavino official, announcing it today. They also announced that right-hander William Woods was designated for assignment in a corresponding move.
Woods, 24 later this week, was on Baseball America’s list of top 30 Atlanta prospects in each of the past two seasons, with BA highlighting a fastball that has been reaching triple digits after the minors were canceled in 2020. Injuries limited him to just 10 2/3 innings in 2021 but the club still added him to the 40-man roster to protect him from the Rule 5 draft.
He made his MLB debut this year but was only given the chance to make two appearances in the show. He tossed 25 1/3 innings at various minor league stops, but posted a disappointing 6.04 ERA, along with a 24.1% strikeout rate and 9.8% walk rate.
He was designated for assignment in November and was claimed by the Mets, who were facing a huge bullpen exodus at the time. Edwin Díaz was quickly re-signed but Ottavino, Seth Lugo, Trevor May, Trevor Williams, Joely Rodriguez and Mychal Givens all became free agents. The Mets have since improved the situation by re-signing Ottavino, signing David Robertson and trading for Brooks Raley. Woods has now been squeezed off the roster and The Mets will have one week to trade him or pass him through waivers. He could stick with the organization if he were to clear those waivers, as he lacks the service time or previous career outright that would give him the right to elect free agency.
Mets Re-Sign Adam Ottavino To Two-Year Deal
December 27: The deal has now been officially announced by the Mets.
December 20: The Mets and right-hander Adam Ottavino are in agreement on a contract to bring him back to Queens. It will be a two-year, $14.5MM deal with Ottavino having the ability to opt-out after the first year. The deal is pending a physical. Ottavino is represented by WME Baseball.
Ottavino, 37, has had some ups and downs in his career but has an overall track record of effective relief pitching going back a decade now. He debuted with the Cardinals back in 2010 but came to prominence with the Rockies over a seven-year stretch from 2012 to 2018. In that timeframe, he pitched in 361 games and logged 390 2/3 innings, posting a 3.41 ERA with a 27.6% strikeout rate, 10.1% walk rate and 46.1% ground ball rate. His strikeout rate ticked upward over his time in Colorado, getting as high as 36.2% in 2018, though there were some control issues, as he walked 16% of batters faced in 2017 and 11.7% in 2018.
He reached free agency and signed with the Yankees going into 2019, signing a three-year deal worth $27MM. The first year of that deal went very well as he posted a 1.90 ERA in the Bronx, though that ballooned to 5.89 in 2020. That was a small sample of 18 1/3 innings in the shortened season, but it was enough for the Yanks to move on, flipping him to the Red Sox in a salary dump trade. Ottavino then posted a 4.21 ERA for Boston in 2021, with his strikeout rate dipping to 25.7% and his walk rate coming in at 12.7%.
The Mets signed Ottavino to a modest one-year deal for 2022 worth $4MM plus incentives and were rewarded with an excellent bounceback campaign. The righty made 66 appearances out of the Mets’ bullpen in 2022, finishing the year with a 2.06 ERA, striking out 30.6% of batters faced while walking just 6.2% of them. He also got ground balls on 51.9% of balls in play while racking up three saves and 18 holds for the year. Based on that strong comeback campaign, MLBTR predicted Ottavino could secure himself a two-year, $14MM contract, which he has narrowly exceeded here.
The Mets were facing a huge bullpen exodus this offseason, with Ottavino, Edwin Díaz, Seth Lugo, Trevor Williams, Joely Rodríguez and Trevor May all reaching free agency a few weeks ago. They have since addressed that situation by re-signing Díaz, signing David Robertson, trading for Brooks Raley and now bringing Ottavino back into the fray as well.
In addition to those moves, the club has been extremely active in free agency to address other parts of the roster. The rotation also had a number of holes appear, with Jacob deGrom, Chris Bassitt and Taijuan Walker all becoming free agents. Those three were replaced by signing Justin Verlander, Kodai Senga and José Quintana. The club also bolstered its position player mix by re-signing Brandon Nimmo and signing Omar Narváez.
The Mets already had one of the highest payrolls in the league in 2022 and those moves have shot them up to incredible new heights. Roster Resource has them at $344MM before even factoring in the Ottavino deal, with a competitive balance tax figure of $356MM. Since the Mets are second-time payors and are well beyond the fourth CBT threshold of $293MM, they are now paying a 90% tax on any further spending. Ottavino will add $7.25MM to that CBT figure, leading to an extra $6.525MM in taxes, meaning the club is effectively paying $13.775MM for Ottavino’s services in 2022.
Ken Rosenthal of The Athletic first reported the Mets signing Ottavino and the two-year with opt-out structure (Twitter links). Jeff Passan of ESPN first had the dollar figures.