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Mets Rumors

NL East Notes: Sale, Montas, Wood

By Darragh McDonald | February 19, 2025 at 2:36pm CDT

Braves left-hander Chris Sale just had a tremendous bounceback season. He made 29 starts with a 2.38 earned run average, earning a National League Cy Young award. He was largely injured and/or ineffective from 2019 to 2023, which had him pondering retirement.

“I thought that it was gonna be my last year,” Sale said to the Baseball Isn’t Boring podcast about where he was at before getting traded to Atlanta. “So I went into that offseason on a mission like ’one more year left.’… ’cause in my mind, I wasn’t walking away from baseball. I was walking away from getting hurt.”

The Red Sox traded Sale to Atlanta for Vaughn Grissom in December of 2023. At the time, as mentioned, he had been battling significant injuries for five years. Tommy John surgery in 2020 was the big one but Sale also had a stress reaction in his ribs, a fractured finger, a broken wrist suffered in a bicycle accident and a stress reaction in his shoulder blade over that span. He had a 4.16 ERA in 298 1/3 innings over those five seasons.

2024 was the final year of his extension with the Red Sox and the mounting injuries apparently had him looking towards hanging up his spikes. But he was traded to Atlanta, signed an extension that covered 2024 and 2025 with a club option for 2026, and then went on to have an excellent season in 2024. It makes for an interesting “what if” but Sale is clearly in a better spot now. The injury bug hasn’t left him entirely alone, however. He missed the final two weeks of 2024 due to back spasms and was also left off Atlanta’s postseason roster. 2024 was still a big improvement over prior years but time will tell if he can keep the good health going into his age-36 season.

Some more spring training tidbits from the NL East…

  • It was reported earlier this week that Mets righty Frankie Montas has a lat strain and will be shut down for six to eight weeks. The righty is apparently a bit more optimistic than his club, however. He told members of the media today, including Anthony DiComo of MLB.com, that he’s already feeling better from his platelet-rich plasma injection and expects to be throwing again in four to six weeks. That’s still a notable period of time but it’s a bit less dire than the other timeline. He had a 4.84 ERA last year and then signed a two-year, $34MM deal with the Mets this winter. He will have the chance to opt out after the first year, though returning healthy and productive will be important if he is to consider that possibility. For now, the Mets’ rotation mix includes Sean Manaea, Kodai Senga, David Peterson, Clay Holmes, Paul Blackburn, Griffin Canning and Tylor Megill.
  • Nationals outfielder James Wood has some quad tendinitis, per Andrew Golden of The Washington Post. It doesn’t bother him when he hits, so he’s been able to take batting practice but has skipped some defensive drills. Per Mark Zuckerman of MASNsports.com, Wood says he has “zero” concern but the club did send him for an MRI, which showed no structural damage. With still over a month before Opening Day, there’s plenty of time to get things in order, with Wood and the Nats both surely hoping for a clean bill of health by then. Now just 22 years old, Wood hit .264/.354/.427 in his major league debut last year and is slated to be a big part of the club’s future.
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Atlanta Braves New York Mets Notes Washington Nationals Chris Sale Frankie Montas James Wood

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Steve Cohen Discusses Mets’ Long-Term Spending Plans

By Anthony Franco | February 18, 2025 at 8:03pm CDT

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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New York Mets Jose Quintana Pete Alonso

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Frankie Montas Shut Down Six To Eight Weeks With Lat Strain

By Steve Adams and Darragh McDonald | February 17, 2025 at 12:50pm CDT

12:50pm: The Mets informed reporters, including Tim Healey of Newday, that Montas has a high grade right lat strain. He will get a platelet-rich plasma injection and be shut down for six to eight weeks. That will take him roughly to the start of April, at which point he will have to start ramping up again. Even if he is back to full health at that point, he’s likely going to miss at least a month of the season.

12:40pm: It’s a lat injury, per Jon Heyman of The New York Post, though the timetable is still unknown.

11:41am: Mets camp has only just begun, but Mike Puma of the New York Post reports that free agent pickup Frankie Montas has not been throwing and will be shut down for a “significant stretch.” Details surrounding the apparent injury have not yet come to light. The Mets signed Montas to a two-year, $34MM contract back in early December. He has an opt-out opportunity at the end of the season, though a prolonged injury absence will obviously reduce the likelihood of that coming to pass.

Without details about the injury or expected absence, it’s hard to say how worried Mets fans should be. Regardless, it’s not ideal to be starting camp with one of their key offseason investments already behind.

The Mets were facing a significant rotation overhaul this winter, with Sean Manaea, Luis Severino and Jose Quintana all hitting free agency. They had also lost Christian Scott to Tommy John surgery last year and Paul Blackburn had undergone a spinal procedure. They still had Kodai Senga, though he missed most of 2024.

Given the club’s big spending in recent years, some expected them to go after the top free agents, but they took a different route this winter. They never seemed particularly interested in guys like Corbin Burnes or Max Fried, instead opting for short-term pacts. They re-signed Manaea with a three-year deal, and also gave three years to reliever Clay Holmes with the idea of converting him to a rotation job. Montas got two years with an opt-out while Griffin Canning got a one-year deal.

Injuries have been an issue for Montas recently, most notable a shoulder issue that required surgery and wiped out most of his 2023 campaign. He was back on the mound last year with uneven results, posting a 4.48 earned run average and tepid 22.6% strikeout rate. That latter number did tick up to 28.7% after a deadline deal to the Brewers, which is perhaps what gave the Mets some optimism that he was back on a good track, but health may now be an issue again.

That shoulder surgery is one reason why Montas hasn’t been able to log many big league innings. He also received an 80-game PED suspension in July of 2019, putting his breakout on hold. The pandemic-shortened 2020 season then capped him at 11 starts that year. He tossed 187 innings in 2021 but then the shoulder issues slowed him down late in 2022 before the aforementioned surgery. Amid all those stops and starts, Montas has only once hit 151 innings pitched in a season.

If Montas is behind, then a season-opening start on the injured list seems likely. Until more details are reported, it can only be guessed whether the concern will extend deeper into the season. Assuming Montas does start the season on the IL, the Mets project to start the campaign with a rotation of Senga, Manaea, Holmes and David Peterson, with Canning, Blackburn and Tylor Megill options for the back end, though Blackburn also might start the season on the IL.  Prospects Brandon Sproat and Blade Tidwell should be in Triple-A, though both struggled at that level last year.

If the Mets want to add some more depth in the wake of this Montas news, they will have options. The free agent market still features guys like Quintana, Andrew Heaney, Spencer Turnbull and others. Marcus Stroman, Jordan Montgomery and others are likely available in trades.

Per RosterResource, the payroll is at $331MM and the competitive balance tax at $325MM. The pure payroll was in a similar spot last year, though they got their CBT number all the way up to $358MM. Whether they want to add more payroll to continue adding to the rotation remains to be seen.

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New York Mets Newsstand Frankie Montas

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Starling Marte Discusses Trade Talks, Bench Role

By Mark Polishuk | February 16, 2025 at 6:50pm CDT

Reports surfaced back in December that the Mets were looking into the possibility of a Starling Marte trade, and were willing to eat some of Marte’s $19.5MM salary.  The Athletic’s Will Sammon reported today that the Mets “did not come especially close to” moving Marte, though some teams did check in about the possibility and some discussions took place.

Marte shared his own take on the process with Sammon, MLB.com’s Anthony DiComo, and other reporters today at the Mets’ spring camp, revealing that the team was in contact with him about trade possibilities.  “They spoke to me before the [Juan Soto] signing, and then after the signing, they reiterated that they would try to move me,” Marte said.  “They were very clear, very honest with me up front.  They obviously want the best for this team, but also the best for my future.  They were really helpful, and they were really transparent about the situation.”

The Mets have yet to tell Marte whether or not a trade might still happen, Sammon writes, though the possibility looks increasingly less likely now that Spring Training is underway.  As a result, Marte is penciled in for part-time duty at best, slated to mostly work as a backup outfielder and as the team’s DH whenever a left-handed starter is on the mound.  Marte has offered to also chip in as a center fielder, even if he has played just three games at the position in the last three seasons, and with Jose Siri and Tyrone Taylor seemingly having things covered up the middle.

Regardless, Marte’s willingness to return to his old position underscores his desire to help the Mets win, even if he’s receiving less playing time than usual.

“Whenever you’re with a team for the amount of time I’ve been with the team, you get comfortable, you don’t want to get traded because you’ve created relationships with the staff, the players, everybody around here,” Marte said.  “But at the same time, any baseball player would love to play every single day because that’s how a player gets reps, gets better day in and day out.  But at the same time, I’m here and I’m going to do the best I can do.”

While his four-year, $78MM contract is (incredibly) barely a tenth of Soto’s megadeal, it wasn’t long ago that Marte was a prized free agent contract in his own right, joining the Mets in the 2021-22 offseason.  He delivered an All-Star performance in the first year of that deal, even if a fractured finger prematurely ended his regular season and hampered him during the Mets’ playoff run.  The finger issue proved to be a harbinger for the next two seasons, as Marte battled a number of different health issues and played in 180 of a possible 324 games, while hitting .258/.314/.357 with 12 home runs in 711 plate appearances.

Most of those struggles were focused into the 2023 season, as Marte had a more respectable 104 wRC+ in 370 PA in 2024.  As DiComo noted, Marte had some pretty sharp splits last season with the bulk of his production coming against southpaws, so a more specialized role against mostly left-handed pitching could help Marte become an impact bat even in a limited capacity.

Of course, Marte might well earn himself more at-bats the better he hits, or he could get more playing time if injuries strike any of New York’s other outfielders.  To that end, Brandon Nimmo dealt with plantar fasciitis in his left foot for much of the 2024 season, and he told Sammon and Tim Britton that he received a PRP injection to deal with the problem over the offseason.

The early returns in camp are promising, as Nimmo estimated he was moving at 91 percent of his top speed during a running drill on Friday.  The plan is to ramp up relatively slowly during the spring, with Nimmo again planning to wait until the first week of March to start playing in games.  If all goes as expected, Nimmo felt he should be ready for Opening Day.

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New York Mets Brandon Nimmo Starling Marte

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Mets Likely Done Adding, Not Expected To Bring Back Jose Iglesias

By Steve Adams | February 13, 2025 at 1:27pm CDT

An active offseason for the Mets looks to be largely completed. President of baseball operations David Stearns suggested during a session with the team’s beat yesterday that the Alonso deal was likely the team’s final big splash (video link via the Mets). Asked if felt he was done with major additions, Stearns replied:

“I think so. We’re always going to be involved in conversations. We’re always going to be trying to see if there are ways we can get better. We also feel really good about the group we have that’s reporting right now, and I would anticipate, by and large, that this is the team we’re going forward with.”

While it’s not a decisive declaration that there are no further transactions on the horizon, it seems likeliest that those would come via non-roster invitation. The Mets possesses a veteran roster that’s largely made up of players with five-plus years of MLB service or players who’ve exhausted their minor league options. Further veteran signings/acquisitions could exacerbate what’s already some fairly limited roster flexibility. Stearns’ response when asked whether the team was moving on from infielder Jose Iglesias is rather telling, in that regard:

“I think where we are now, for that role on our team, it’s important for us to keep some avenues open for some of our younger players. We think it’s important for us to have some roster flexibility with that spot. It’s really tough to freeze your entire position player roster. We did that for a portion last year, and we actually kind of got away with it, but there very easily could’ve been a circumstance where we got stuck with a completely frozen position player roster, so having some flexibility there in that role is, frankly, probably needed for us right now.”

That’s a disappointing reply for Mets fans who fell in love with Iglesias in what proved to be a renaissance campaign for the 35-year-old. Originally signed to a minor league deal, Iglesias was summoned to the majors at the end of May and became not only a highly productive role player but a fan and clubhouse favorite thanks to his OMG song that became a rallying cry. In 85 games, Iglesias took 291 plate appearances and batted .337/.381/.448. However, that production was way out of sync with his career norms (.279/.319/.382 entering the season) and was buoyed by a sky-high .382 average on balls in play that he’s not likely to repeat.

Beyond some justifiable questions about Iglesias’ ability to sustain his 2024 output, the “flexibility” aspect of Stearns’ reply is worth drilling into a bit further. Right now, the only member of the Mets’ projected lineup who can be optioned to Triple-A is catcher Francisco Alvarez. They’ll have three bench players — backup catcher Luis Torrens, backup outfielder Tyrone Taylor and outfielder/DH Starling Marte — who cannot be optioned. (Outfielder Jose Azocar is also out of options, so he’ll need to earn a roster spot or else be DFA later in camp.)

Adding Iglesias would create a fourth, effectively “freezing” the team’s entire group of position players, as Stearns suggested. That could be a reason the team opted to bring infielder Nick Madrigal into the mix. He provides similar bat-to-ball skills and infield versatility but also has a minor league option remaining, which will create more flexibility as the season wears on.

It’s similar on the pitching staff. Kodai Senga and David Peterson are the only starters who can be optioned. Reed Garrett is the only member of the projected ’pen who can be optioned. Each of Edwin Diaz, A.J. Minter, Ryne Stanek, Jose Butto, Griffin Canning, Danny Young and Sean Reid-Foley is either out of options or past five years of MLB service.

That lack of flexibility is magnified when there’s a player in the lineup who perhaps needs two to four days off but probably not a full IL stint. It’s also notable when a specific reliever or the relief corps as a whole is overworked and the team would like to add a fresh arm to the mix. There could very well be some uncomfortable DFAs on the horizon for the Mets, though injuries or poor spring performances can make those decisions easier.

If the Mets are indeed done, they’ll enter the 2025 season with the game’s No. 2 payroll, trailing only the reigning World Series champs in Los Angeles. Stearns noted that he and owner Steve Cohen mapped out various scenarios regarding their potential payroll early in the offseason, and the point at which the Mets have now landed was toward the highest ranges the pair discussed at the time. RosterResource projects the Mets for a $331MM payroll, with $325MM on their luxury-tax ledger.

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New York Mets Jose Iglesias

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Mets Re-Sign Drew Smith

By Steve Adams | February 13, 2025 at 9:05am CDT

February 13: The Smith signing is official, per Joe DeMayo of SNY. Righty Christian Scott, who is also recovering from Tommy John surgery, was transferred to the 60-day IL in a corresponding move. Smith was himself then transferred to the 60-day IL as the corresponding move when the Pete Alonso signing became official.

February 12: The Mets will extend their relationship with their longest-tenured pitcher, as they’ve reportedly agreed to a one-year deal with right-hander Drew Smith, which contains a club option for the 2026 season. Smith, who’s rehabbing from Tommy John/internal brace surgery performed last July, will be paid $1MM in 2025. His club option is valued at $2MM. The MVP Sports client can boost those totals by way of some yet-unclear incentives.

Smith, 31, has pitched parts of six big league seasons with the Mets. He’s been a fixture in their late-inning mix over the past four years, logging a combined 3.35 ERA, 26.2% strikeout rate and 10.2% walk rate in that time. Smith has worked plenty of high-leverage spots, recording 33 holds and five saves in 156 appearances while being credited with only four blown saves during that time.

The surgery for Smith was deflating in multiple aspects. It not only knocked him out of the team’s Grimace- and OMG-fueled postseason run, it also coincided with the run-up to his first trip into free agency. A healthy Smith would’ve been an easy candidate for a guaranteed multi-year deal at a decent annual rate. On top of that, it’s the second Tommy John procedure of his career. After a solid big league debut in 2018, he missed the 2019 campaign due to the same procedure.

Depending how long the rehab process takes this time around, Smith could at least potentially be a late-season and/or October option for the Mets. Should he make it back, he’d join a relief corps also featuring Edwin Diaz, A.J. Minter, Ryne Stanek, Reed Garrett and Jose Butto.

For now, once the deal is finalized, Smith will quickly be placed on the 60-day injured list. The Mets will technically need to open a spot for Smith before they can move him to the 60-day IL, but that can be accomplished by placing Christian Scott (also recovering from Tommy John surgery) on the 60-day IL. Smith could move to the 60-day himself once an additional spot is needed for another free agent signing, waiver claim, or the selection of a non-roster invitee to the 40-man roster later in camp.

With the Mets in the top tier of luxury penalization, the Smith reunion will actually cost them about $2.1MM overall (the $1MM salary plus a 110% tax). Those same taxes will apply to whatever incentives he unlocks this year (and next year, if the Mets are again in the top penalty tier in 2026). That’s a drop in the bucket for a club running a cash payroll north of $330MM and looking at roughly $110MM worth of taxes on top of that sum.

Mark Feinsand of MLB.com first reported the agreement and structure. Jon Heyman of the New York Post added details on the guaranteed money and option value.

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New York Mets Transactions Christian Scott Drew Smith Pete Alonso

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Mets Re-Sign Pete Alonso

By Anthony Franco | February 12, 2025 at 3:30pm CDT

February 12: The Mets officially announced their deal with Alonso today.

February 5: The stalemate between Pete Alonso and the Mets is over. New York is reportedly in agreement on a two-year, $54MM deal with the star first baseman. Alonso, a client of the Boras Corporation, can opt out after the upcoming season. He receives a $10MM signing bonus and a $20MM salary for 2025. He’ll essentially have a $24MM player option for the ’26 campaign. The deal comes with a $27MM average annual value for luxury tax purposes. Alonso chose the two-year deal over a separate offer from the Mets that would have guaranteed $71MM over three seasons.

Alonso, who turned 30 in December, returns to Queens for a seventh season. He has been one of the faces of the franchise since his electrifying debut. Alonso led the majors with 53 home runs en route to a runaway Rookie of the Year win in 2019. That still stands as the all-time rookie home run record. He connected on 16 longballs in the shortened follow-up season and has topped 30 homers in each of the last four years.

That’s a testament not only to his massive power but to his exceptional availability. Alonso has played at least 152 games in each of his five full seasons. He appeared in all 162 contests last year. His only career injured list stint was a minimal stay in 2023 related to a bone bruise in his left wrist. Over the last six seasons, only Marcus Semien has played in more games. Semien and Freddie Freeman are the only hitters with more plate appearances.

On a rate basis, Alonso’s production has dropped in consecutive seasons. He carried a .261/.349/.535 batting line through his first four seasons. Alonso hit another 46 homers in 2023, though he did so with career-low marks in batting average (.217) and on-base percentage (.318). His average and OBP rebounded slightly last season, but his power ticked down. Alonso hit .240 with a .329 OBP and a career-low .459 slugging percentage across 695 plate appearances. His 34 homers and 88 runs batted in were each personal worsts over a full schedule.

It was a pedestrian year rather than a bad one. There’s clear value in a player who hits 34 home runs in a relative down season. Still, it was the second straight year in which Alonso’s offensive production was below his early-career level. He’s a .229/.324/.480 hitter since the start of the ’23 campaign. That checks in 21 percentage points better than league average, as measured by wRC+.

By that statistic, Alonso ranks ninth in overall offense among the 35 first basemen with at least 750 plate appearances over the past two seasons. He’s just behind Cody Bellinger and Josh Naylor and narrowly ahead of LaMonte Wade Jr., Luis Arraez and Christian Walker. Alonso’s durability and power gives him a higher offensive ceiling than the rest of that group. Nevertheless, his recent rate metrics have put him alongside those hitters and a clear step down from Freddie Freeman, Vladimir Guerrero Jr. and Bryce Harper at the top of the position.

Alonso’s on-field value lies in the bat and his durability. He doesn’t provide baserunning value. His defensive grades at first base are middling. Defensive Runs Saved put him at three runs below par last season and has given him a +2 mark for his career. Statcast had him six runs below average in 2024 and grades him at 18 runs under par overall. FanGraphs and Baseball Reference have both valued Alonso around 2-3 wins above replacement in each of the last two seasons.

Of course, Alonso’s value to the Mets extends beyond that production. He’s a homegrown star who is already third on the organization’s home run leaderboard. He is 16 homers shy of David Wright for second place and only needs 27 longballs to surpass Darryl Strawberry for the franchise record. He’ll almost certainly break that record, likely next season.

Alonso was also a key contributor during New York’s run to last year’s NL Championship Series. He saved the season in the Wild Card series with his three-run shot off Devin Williams in the ninth inning of Game 3. That was one of four longballs he hit in October. Alonso slashed .273/.431/.568 across 58 postseason plate appearances. Modern front offices are generally wary about putting much stock in small-sample playoff numbers, though, and Alonso’s unexceptional regular season worked against him in free agency.

The four-time All-Star hit the market envisioning a strong nine-figure deal. His camp presumably sought something in the range of the Matt Olson and Freeman contracts. Olson inked an eight-year, $168MM extension with the Braves; Freeman signed a six-year, $162MM guarantee with the Dodgers, though deferrals dropped the net present value closer to $148MM.

At one point, the Mets valued Alonso similarly. Joel Sherman of the New York Post has reported that Alonso declined a seven-year, $158MM extension offer in June 2023. That would have bought out his final arbitration season and six free agent years. Alonso made $20.5MM in his last arbitration year, so he’d need to beat $137.5MM over the next six seasons to come out ahead in that decision.

Circumstances have changed significantly since the Mets made that offer. Alonso has switched his representation to the Boras Corporation. The Mets moved on from then-GM Billy Eppler and installed David Stearns at the top of baseball operations. The Brewers rarely invested heavily in first basemen, even via arbitration, during Stearns’ tenure as Milwaukee’s general manager. He’s operating with a much different payroll ceiling under Steve Cohen’s ownership, but this generally hasn’t been his preferred player archetype.

While Stearns and Cohen maintained that they wanted Alonso back, they didn’t want to do so on a long-term deal. They made the obvious decision to put forth a qualifying offer, which the slugger easily rejected. It seems they held off on going beyond three years. As his free agency dragged, Alonso moved off his desire for a long-term deal in talks with the Mets. His camp reportedly pitched a three-year term with multiple opt-out chances. Financial specifics aren’t clear, but the Mets countered with a three-year proposal in the $68-70MM range in the middle of January. After Alonso declined, the Mets signaled they were willing to move on to contingencies.

Whether the Mets actually believed Alonso would walk or were merely signaling that as negotiating leverage, they must come away pleased with the result. The Mets reportedly had two different offers on the table: a three-year, $71MM proposal or the two-year deal which he ultimately accepted. Will Sammon of The Athletic reports that the three-year term also included an opt-out after the first season and would have broken down as a $27MM salary in year one followed by $22MM salaries if he didn’t opt out. Alonso preferred the extra $3MM in the first season, betting on himself to play well enough to take the out clause next winter.

The Mets keep the term short and retain Alonso on a deal that more closely resembles the two-year contracts signed by Rhys Hoskins ($34MM with Milwaukee) and Joc Pederson ($37MM with Texas) than the Olson or Freeman precedents. It’s an ideal cap to a dangerous lineup. The Mets won the Juan Soto bidding on the record-shattering $765MM deal as the Winter Meetings were getting underway. New York brought back Jesse Winker to serve as their designated hitter, at least against right-handed pitching. That’ll keep Mark Vientos at third base for another season. Francisco Lindor, Brandon Nimmo and Francisco Alvarez are key holdovers, with Jeff McNeil and one of Tyrone Taylor or Jose Siri rounding out the projected starting nine.

Keeping Vientos at third base blocks the clearest path to playing time for younger infielders Brett Baty, Luisangel Acuña and Ronny Mauricio. The latter two could push McNeil for reps at second base. They all have a minor league option remaining, so the Mets could keep all three at Triple-A Syracuse. They don’t need to make a trade — there’s a good chance Alonso will retest free agency next winter — but it’s possible the surplus makes them more willing to include an upper-level infielder in a package for a top-end starter. New York has built strong rotation depth but arguably needs to increase the rotation’s ceiling to pull ahead of the Phillies and Braves in what’ll be a tough NL East race.

The deal pushes the Mets’ projected payroll to roughly $331MM, according to the RosterResource calculations. The $27MM luxury tax hit brings them to $325MM in CBT obligations. That pushes them firmly beyond the $301MM threshold that marks the final tier of penalization. They’re taxed at a 90% clip for the approximate $3MM to push them to that threshold and at a 110% rate on spending beyond that point. The signing comes with approximately $29.1MM in taxes. They’ll pay around $59MM this season to keep Alonso. New York also relinquishes the right to the compensatory draft choice that they would have received had he signed elsewhere after declining the qualifying offer. That pick would have come after the fourth round.

Alonso secures a strong one-year salary with an eye towards a more lucrative free agent trip next winter. Players cannot receive a QO more than once in their career, so he’d hit the market without draft compensation if he opts out. He’d still come out ahead of that declined extension offer if he secures a deal worth more than $107.5MM over the ensuing five seasons. That’s by no means a guarantee, as he’ll be working against the aging curve, but it’s the kind of risk-reward play that a lot of free agents take if they don’t find their ideal long-term deal on their first free agent try.

Andy Martino of SNY first reported that the Mets were re-signing Alonso. Jeff Passan of ESPN had the two-year, $54MM guarantee and the $30MM in year one. Jon Heyman of the New York Post reported the signing bonus and that Alonso declined a three-year term, which USA Today’s Bob Nightengale reported had a $71MM guarantee. Image courtesy of Imagn.

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New York Mets Newsstand Transactions Pete Alonso

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MLBTR Podcast: Pete Alonso’s Deal, And Potential Landing Spots For Bregman and Arenado

By Darragh McDonald | February 12, 2025 at 9:51am CDT

The latest episode of the MLB Trade Rumors Podcast is now live on Spotify, Apple Podcasts, and wherever you get your podcasts! Make sure you subscribe as well! You can also use the player at this link to listen, if you don’t use Spotify or Apple for podcasts.

This week, host Darragh McDonald is joined by Anthony Franco of MLB Trade Rumors to discuss…

  • Pete Alonso re-signing with the Mets (1:45)
  • What’s next for the Blue Jays after not getting Alonso? (9:25)
  • Will the Mets and Alonso going to reunite again in the future or will this be it? (12:55)

Plus, we answer your questions, including…

  • What teams could still sign Alex Bregman? (17:50)
  • Can the Cardinals trade Nolan Arenado to the Red Sox? (29:20)
  • Do the Orioles need an ace? (37:55)
  • What are the Marlins building right now? (39:30)

Check out our past episodes!

  • Jack Flaherty Back To Detroit, Max Scherzer, And What’s Next For The Padres – listen here
  • Ryan Pressly To The Cubs, Bregman’s Future, And Jurickson Profar – listen here
  • Debating A Salary Cap, How To Improve Parity, More Dodgers Moves, And Anthony Santander – listen here

The podcast intro and outro song “So Long” is provided courtesy of the band Showoff.  Check out their Facebook page here!

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Mets Keeping Jose Butto In Relief

By Anthony Franco | February 11, 2025 at 8:05pm CDT

The Mets are keeping José Buttó in a multi-inning relief role, skipper Carlos Mendoza told reporters (including Newsday’s Tim Healey). Righty Tylor Megill will stay stretched out as a starter and compete for a rotation spot in camp.

Buttó opened last season in the rotation. He started seven games and managed decent results, working to a 3.08 ERA across 38 innings. Buttó’s command was worrisome, though, as he walked nearly 14% of opposing hitters. New York optioned him to Triple-A in the middle of May. He started eight games and turned in a 3.05 ERA before being recalled at the beginning of July.

Upon his return to the majors, Buttó worked exclusively in relief. He was a quality bullpen piece for the season’s final few months. Buttó allowed only two earned runs per nine with an excellent 29.7% strikeout percentage over 36 frames. His walk rate remained elevated at a 12.3% clip. It’s difficult to stick as a starter with that kind of command, so it’s not especially surprising that the Mets will keep Buttó in a 2-3 inning role.

New York is likely to run a six-man starting staff. Kodai Senga, Sean Manaea, David Peterson, Frankie Montas and bullpen conversion Clay Holmes will be in the Opening Day rotation if healthy. The sixth spot could involve a camp battle between Megill, Paul Blackburn and free agent signee Griffin Canning.

Megill started 15 of his 16 appearances a year ago, pitching to a 4.04 earned run average while fanning 27% of batters faced through 78 frames. Canning started 31 times for the Angels last season, struggling to a 5.19 ERA with a 17.6% strikeout rate. Blackburn, whom the Mets acquired from the A’s at last year’s deadline, had a 4.66 mark while striking out 18.7% of opponents over 14 starts. Blackburn underwent postseason surgery to address a spinal injury, but the Mets are hopeful that he’ll be ready by Opening Day.

Mendoza also provided some details on the team’s infield mix. Free agent pickup Nick Madrigal will get shortstop work this spring, relays Mike Puma of The New York Post. The former fourth overall pick has not played shortstop in his MLB career and only has six innings of minor league work there. He saw some action at shortstop in college, though he was mostly a second baseman in amateur ball as well.

The Mets have less of a need for a true backup shortstop than most teams do. Francisco Lindor rarely takes days off. They’d ideally have someone capable of playing the position available off the bench, though. If Ronny Mauricio opens the season on the injured list, Luisangel Acuña is their most experienced shortstop depth. The Mets would presumably rather have the 22-year-old (23 next month) playing every day at Triple-A Syracuse than spending most days on the major league bench.

New York has three players locked into the starting infield: Pete Alonso at first base, Lindor at shortstop, and Mark Vientos at the hot corner. Second base is arguably the biggest question in a deep lineup. While Acuña and Brett Baty should each get time there in camp, Mendoza indicated that Jeff McNeil has the leg up on the job going into Spring Training.

“There’s competition but Jeff is pretty much right there,” the manager said (link via Tim Britton and Will Sammon of The Athletic). McNeil rebounded from a terrible first half to hit .289/.376/.547 over 40 games in the second half. A broken wrist cut his regular season short. McNeil made it back for the NL Championship Series. He had a rough series, which is understandable for a player returning from a month-long absence from game speed, but the excellent second half and his broader track record should make it an easy call for the Mets to keep him in the lineup to start the year.

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Dylan Covey Elects Free Agency

By Steve Adams | February 10, 2025 at 10:19am CDT

Right-hander Dylan Covey, who was outrighted off the Mets’ 40-man roster last week, has elected free agency, per his transaction log at MLB.com. The Mets never formally announced his decision, but Covey wasn’t included on the team’s list of the 67 players who’ll participate in major league camp this morning. (Infielder Luis De Los Santos, outrighted at the same time as Covey, was on the list.)

Covey, 33, signed a split big league deal with the Mets back in late October that would’ve paid him $850K in the majors or $350K in the minors, per the Associated Press. Since he has fewer than five years of MLB service, Covey would forfeit any guarantees on that deal (presumably just the minor league split) by rejecting the assignment and going back to the market.

Covey hasn’t pitched in the majors since 2023, when he logged a sharp 3.77 ERA over 43 innings between the Dodgers and Phillies. That year’s 15.7% strikeout rate was way shy of league-average, but Covey’s 8.9% walk rate was close to average and his 54.3% ground-ball rate was very strong. The right-hander had spent the 2021-22 seasons pitching in Taiwan for the Chinese Professional Baseball League’s Rakuten Monkeys, and he returned with a sinker that sat at 95.1 mph — an increase of 3.1 mph over the 92 he average in 2020.

The Phillies saw enough to keep Covey around in arbitration, tendering him a contract in arbitration and signing him to a one-year deal. A shoulder strain wiped out the bulk of his 2024 campaign, however. Covey didn’t pitch in the majors and logged only a combined 20 1/3 innings in the minors. His 2.66 ERA across multiple levels was strong, however, and Covey backed that up with a decent 22.6% strikeout rate and a mammoth 66.5% ground-ball rate (albeit against an ugly 10.7% walk rate).

Covey’s overall body of work in the big leagues isn’t great. He has a career 6.18 ERA in 307 1/3 MLB innings. That said, he pitched well in Taiwan (3.63 ERA in 198 1/3 innings), came back to North America throwing harder and has now had some degree of success in the big leagues and upper minors with a revamped pitch repertoire. He’s throwing far more sinkers and cutters since returning stateside and has scrapped his four-seamer and curveball entirely. Covey seems to rather clearly be a different pitcher in his early 30s than he was when he was getting hit hard with the White Sox and Red Sox in his 20s. He can provide another club with some depth in the rotation and/or in the bullpen as a long man.

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New York Mets Transactions Dylan Covey

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