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Mets Extend Qualifying Offer To Marcus Stroman

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TODAY: The Mets officially announced that Stroman was issued a qualifying offer.

OCTOBER 31: The Mets plan on extending a qualifying offer to starting pitcher Marcus Stroman before tomorrow’s deadline, per MLB.com’s Anthony DiComo (via Twitter). The move does not come as a particular surprise, despite Stroman opting out of 2020. Some mystery remained, however, as the revenue losses around the game already made for some surprising cost-cutting decisions.

With that in mind, Stroman could consider accepting the $18.9MM offer, play one more year in New York, and return unencumbered to what should be at least a marginally more favorable free agent ecosystem after 2021. Under traditional circumstances, Stroman should have no problem finding a multi-year deal on the open market, but there’s more uncertainty than ever. Still, Stroman is among the very best free agent starters available, should he decline the qualifying offer and test the open waters. He is represented by Klutch Sports.

The Mets would likely welcome him back, especially with Noah Syndergaard to miss the beginning of the season while recovering from Tommy John surgery. Stroman made 11 starts down the stretch after GM Brodie Van Wagenen traded for him on July 28, 2019. Stroman was a long-rumored trade candidate with the Blue Jays, but the Mets emerged somewhat surprisingly as his ultimate destination despite being at the very fringes of contention at the time. Stroman was unable to move the needle even while going 4-2 with a 3.77 ERA/4.15 FIP in 59 2/3 innings with 9.1 K/8 to 3.5 BB/9. The Mets gave up two pretty good pitching prospects in Anthony Kay and Simeon Woods Richardson for those 11 starts from Stroman, though at the time, of course, the Mets expected to get a full 2020 from Stroman as well. He ultimately opted out of the 2020 season.

Throughout his career with the Mets and Blue Jays, the 5’7″ right-hander has a 51-47 record across 146 appearances (140 starts) totaling 849 1/3 innings with a 3.76 ERA/3.64 FIP and 7.36 K/9, 2.59 BB/9, and 59.6 GB%. He went 1-1 with a 4.40 ERA/4.15 FIP in 5 playoff starts with the Jays between 2015 and 2016, including a 6-inning, 2 earned run no-decision in a deciding game 5 ALDS win over the Rangers in 2015.

Dellin Betances Exercises $6MM Player Option To Remain With Mets

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TODAY: Betances has indeed exercised his option, the Mets announced (Twitter link).

OCTOBER 31: Dellin Betances is likely to accept a $6MM player option to stay with the New York Mets rather than take a $3MM buyout, per MLB Insider Jon Heyman (via Twitter).

It’s telling that Betances would take the guaranteed money here. If Betances thinks he can get more than $3MM on the open market, it would make sense to take the buyout. Given the expectations for a depressed free agent market, it’s not shocking that Betances would take the $6MM to stay in his hometown – the only baseball town he’s ever known.

Betances was once one of the top setup men in baseball with the Yankees, but a partial tear of his Achilles in September of 2019 ended his tenure with the Yankees and sent him to the free agent market. He posted a 2.36 ERA over 358 appearances with the Yankees in his 8 seasons there.

In his first action since the injury, Betances made 15 appearances for the Mets in 2020 but struggled to a 7.71 ERA/4.91 FIP in 11 2/3 innings with a troubling 0.92 strikeout-to-walk ratio. Betances has been missing a key weapon from his arsenal since his return: his 93.6 mph heater not particularly close to the 97.7 mph four-seamer he sported in his heyday with the Yankees.

Mets Camp Shut Down After COVID-19 Positives

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  • The Mets have shut down their minor league camps because of positive COVID-19 tests, per the Athletic’s Tim Britton (via Twitter). There were two positive tests, and further testing hasn’t revealed any further positives as of right now. These are the proper protocols for any positive tests. The Mets camp will wait a couple of days until they can confirm the containment of the virus.

Brad Brach Exercises Player Option

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Brad Brach exercised his $2.075MM player option to remain with the New York Mets, per Tim Healey of Newsday (via Twitter). That’s slightly more than had been previously reported, as Brach’s option had been listed as worth $1.25MM. He signed back with the Mets as a free agent this past December. He is represented by Brian Charles of Big League Management Company, LLC.

The 6’6″ sinkerballer experienced a discouraging drop in velocity in 2020. After averaging 94.1 mph on his four-seamer in 2019, his fastball clocked in at just 90.3 mph this year. Having previously been heavily reliant on his heater, throwing it roughly half the time, he threw it just 17.1% of the time in 2020. By usage, the four-seamer fell to fourth in his arsenal behind a cutter, change-up, and sinker. He made 14 appearances for the Mets in 2020, struggling to the tune of a 5.84 ERA/6.69 FIP across 12 1/3 innings with unfortunately matching 10.2 K/9 and 10.2 BB/9.

He had been a stabilizing presence for the Mets in 2019 after being signed off the scrap heap in August. The Cubs released him after a tough first half, but he rebounded with a 3.68 ERA/2.67 FIP in 14 2/3 innings across 16 appearances for the Mets. The right-handed reliever will again look to rebound in his age-35 season, which will be his 11th season as a big-leaguer. Overall, Brach has made 496 appearances out of the bullpen for the Padres, Orioles, Braves, Cubs, and Mets with a 3.39 ERA/3.76 FIP.

Mets Front Office Expected To Include President Of Baseball Ops, General Manager

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Now that Steve Cohen has officially taken over as the Mets’ new owner, we know that Sandy Alderson has already been lined up to return to the Mets as the team president.  According to Mike Puma of the New York Post, the Mets plan to have both a president of baseball operations and a general manager reporting to Alderson in what seems to be a fairly substantial front office power structure.

It was widely expected that a GM would handle day-to-day front office duties under Alderson, though since Alderson’s responsibilities also include overseeing the Mets’ business operations, having a president of baseball ops also on hand implies that Alderson may not quite be as directly hands-on with personnel moves as originally believed.  That said, Alderson will obviously still have the final word on any major transactions, and naturally will be looking to hire executives who share similar philosophies on roster construction.

The responsibilities of a “president of baseball operations” and “general manager” can vary from team to team, though the specific job titles factor into hiring possibilities.  Clubs generally don’t stand in the way of staffers being interviewed when another team offers a promotion, so in this case, the Mets could potentially try to lure a current GM to Citi Field if they have a president of baseball ops position available.  Adding two major front office hires beyond just Alderson would also be a way of adding even more baseball brainpower and fresh ideas into an organization that Cohen is planning to modernize from an analytics perspective.

Such names as Rays special assistant Bobby Heck or Athletics assistant GM Billy Owens have already been mentioned as potential candidates to join the Mets, and Puma wondered if J.P. Ricciardi could also be a candidate to return to New York given Ricciardi’s longstanding ties to Alderson.  Of course, the Mets have a current general manager in Brodie Van Wagenen, though it isn’t expected that he will retain his job under Cohen’s ownership.

Mets Claim Nick Tropeano

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  • The Mets claimed right-hander Nick Tropeano off waivers from the Pirates, per an announcement from Pittsburgh. The 30-year-old pitched in seven games with a 1.15 ERA for the Pirates in 2020. He’s projected for a salary just under $1MM in arbitration.

Cam Bedrosian Elects Free Agency; Mets Claim Jacob Barnes From Angels

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The Angels announced that they have outrighted righty Cam Bedrosian, catcher Jose Briceno and infielder Elliot Soto to Triple-A. Bedrosian has elected free agency in lieu of accepting the assignment. The team also lost righty Jacob Barnes to the Mets via waivers and reinstated fellow RHP Justin Anderson from the 60-day injured list.

Bedrosian, whom the Angels drafted 29th overall in 2010, debuted in 2014 and has been rather successful at times, evidenced by his 3.70 ERA/3.60 FIP across 277 2/3 innings. But the 29-year-old has seen his velocity tumble from the mid-90s to the lower 90s in recent years, including a career-worst 92.3 mph in 2020. Bedrosian still managed a 2.45 ERA/2.92 FIP this season, but he only threw 14 1/3 innings and logged the worst K/9 (6.75) and groundball rate (34.1 percent) of his career. The Angels would have owed Bedrosian a projected $2.8MM to $3MM in arbitration for 2021, his last year of team control.

Barnes is the first acquisition for the Mets since new owner Steve Cohen was approved Friday. The 30-year-old was a fairly effective reliever with the Brewers from 2016-18, but his run prevention numbers have gone off the rails with the Brew Crew, Royals and Angels since then. Dating back to 2019, Barnes has pitched to a 6.75 ERA and walked 4.62 batters per nine over 50 1/3 innings. He did, however, post a 24:4 K:BB ratio and average upward of 95 mph on his fastball in 18 frames in 2020.

MLB Owners Approve Steve Cohen’s Mets Ownership Bid

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As expected, Steve Cohen has gotten the approval of at least 23 MLB owners in his bid to purchase the Mets, reports Jon Heyman of MLB Network (Twitter link). Cohen will take over 95% of the franchise from the previous ownership group, led by Fred and Jeff Wilpon, for a purchase price of around $2.475 billion.

The City of New York has also approved the sale, per Tim Healey of Newsday (Twitter link). As Healey explained yesterday, Mayor Bill de Blasio had to sign off on the deal because the municipality owns Citi Field and the associated land. Cohen will donate $17.5MM to local small businesses as part of the arrangement, he announced (via Healey).

Cohen’s group beat out a handful of competitors (most notably a Josh Harris-David Blitzer tandem and a group led by Alex Rodriguez and Jennifer Lopez) to gain exclusive negotiating rights for the franchise in August. It marked a second chance for Cohen and the Wilpons to work something out, after their efforts at a deal last offseason fell through. This time, even amidst massive economic uncertainty due to the COVID-19 pandemic, the parties finalized a deal.

Today’s steps officially close the books on the sale of the franchise. Cohen, with an estimated net worth of $14.1 billion, becomes MLB’s richest owner. He and incoming baseball operations leader Sandy Alderson will have plenty of opportunities to add to the roster this winter, with most teams widely expected to act rather tepidly in the wake of pandemic-driven revenue losses.

Latest On Steve Cohen, Mets

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6:38pm: Mayor de Blasio does not want MLB to approve the sale to Cohen, according to Thornton McEnery, Josh Kosman and Julie Marsh of the New York Post. Mayor de Blasio seems to have concerns over the fact that Cohen “pleaded guilty to insider trading charges in 2013,” the Post trio writes.

10:40am: In a news conference today, Mayor de Blasio told reporters (including Newsday’s Tim Healey) that the city’s decision on the Mets’ ownership change will come “at some point in the next few days.”  Healey notes that city approval is expected to be granted.

OCT. 27: MLB owners are likely to vote on Cohen’s potential ownership Friday, per Deesha Thosar of the New York Daily News. It appears they’ll approve Cohen. However, there’s concern on Cohen’s part that New York City Mayor Bill de Blasio won’t approve of the ownership switch by Friday. If he doesn’t, a source told Thosar: “The worst-case scenario is if this drags on long enough, the Mets miss out on all major free agents, miss out on potential trades and they go into next season effectively in the same place they are this season. And that would really be not good. If that happens, they’re effectively crippled for next season.”

OCT. 20: Prospective owner Steve Cohen is getting closer to taking over the Mets from the beleaguered Fred Wilpon-Jeff Wilpon tandem. Major League Baseball’s eight-person Ownership Committee recently voted in favor of Cohen, 7-1, Scott Soshnick and Barry M. Bloom of Sportico report. Cohen still has to receive approval from 22 of the league’s other 29 owners in order to assume the Mets’ reins, but Soshnick and Bloom suggest that’s a formality.

As someone who currently owns 8 percent of the Mets, Cohen’s already known around the league. He agreed in mid-September to purchase 95 percent of the club for around $2.475 billion, which came after a potential agreement between Cohen and the Wilpons fell through last winter. Since then, though, the Wilpons have endured substantial losses as a result of the coronavirus-shortened season with no fans in attendance, so they became more eager to part with the franchise.

Considering his net worth comes in north of $14 billion, Mets fans are understandably excited to see Cohen on the verge of leading the organization. And if Cohen does receive the necessary approval to succeed the Wilpons in the coming weeks, it won’t be a surprise to see the team make some splashy moves in the offseason after missing the playoffs for the fourth year in a row in 2020. Any of the game’s best pending free agents (Trevor Bauer, J.T. Realmuto and DJ LeMahieu, to name a few) could conceivably wind up on the Cohen-led Mets’ radar over the winter.

Mets To Decline Options On Ramos, Frazier, Chirinos

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2:48pm: The Mets will also buy out their options on infielder Todd Frazier and catcher Robinson Chirinos, reports Tim Healey of Newsday. As with Ramos, neither decision is surprising. Both Frazier and Chirinos were acquired from the Rangers at the trade deadline, albeit in separate transactions.

Frazier, 35 in February, batted .236/.302/.382 in 172 trips to the plate between Arlington and Queens in 2020. His one-year, $5MM deal included a $3.5MM salary in 2020 and a $1.5MM buyout on a $5.75MM option for the 2021 season. The Mets had a net $4.25MM decision on the slugger, but he’ll head out into the open market once again.

Chirinos, 36, had a $1MM buyout on a $6.5MM option for the upcoming 2021 campaign. Given this season’s dismal .162/.232/.243 performance between the two clubs (82 plate appearances), there was no way the Mets were going to pick him up at that salary.

1:40pm: The Mets are planning to decline their $10MM club option on veteran catcher Wilson Ramos, tweets Mike Puma of the New York Post. It’s anything but a surprise given Ramos’ lackluster tenure in Queens. He’ll be paid a $1.5MM buyout and head back to the open market in search of a new club.

Ramos, 33, was known to be an offense-first catcher when he signed with the Mets prior to the 2019 season, but his production never reached the levels the Mets likely expected of him. His 2019 campaign was solid, particularly for a catcher (105 wRC+), but Ramos’ two years as a Met resulted in a rather pedestrian .276/.339/.410 batting line through 679 trips to the plate.

Were Ramos a strong defensive backstop, that production would make him an excellent all-around catcher, but that hasn’t been the case for some time now. He registered bottom-of-the-scale framing metrics in his two years in Queens, and his -12 Defensive Runs Saved and 15.9 percent caught-stealing rate underscore the struggles he endured. That led to some drama with Noah Syndergaard, who reportedly requested that Tomas Nido catch his starts because of Ramos’ inadequacies as a receiver. The 122 stolen bases allowed by Ramos since 2019 are far and away the most in Major League Baseball; Yasmani Grandal’s 80 are the next-highest, though he’s also logged a solid 29.2 percent caught-stealing rate in that time.

The defensive questions surrounding Ramos will complicate his market this winter, although when he’s at his best at the plate, he’s proven to be one of the more productive bats the game has to offer at the position. From 2016-19, Ramos made two All-Star teams and logged a combined .294/.346/.463 slash with 62 home runs and 72 doubles in 1687 plate appearances.

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