Monday, December 12, 2022

New York Mets continue to spend money in free agency

It feels as though not a day goes by without the New York Mets signing another free agent.

The Mets added to their starting rotation on Friday by signing right-hander Kodai Senga to a five-year deal worth $75 million. For those not familiar with Senga, he's a 29-year-old who has pitched 11 seasons in the Nippon Professional Baseball league, going 104-51 with a 2.42 ERA over 275 starts.

Earlier this offseason, the Mets signed AL Cy Young award winner Justin Verlander and veteran left-hander Jose Quintana. With ace Max Scherzer and right-hander Carlos Carrasco also in the rotation, New York seems set on the starting pitching front -- even though Jacob deGrom is now a member of the Texas Rangers.

This offseason, the Mets have also retained outfielder Brandon Nimmo on a eight-year, $162 million deal, and closer Edwin Diaz on a five-year, $102 million deal. They also added veteran reliever David Robertson for one year and $10 million.

New York's estimated payroll is now about $345 million, which would be an all-time high if they don't shed salaries in trades between now and the start of the 2023 season. If the payroll holds, Mets owner Steve Cohen will have to pay $76.2 million in luxury tax penalties. With the way that team is spending, it seems as though he doesn't care.

Must be nice as a fan.

In case you were wondering, the biggest free agent contract the White Sox have ever handed out was to catcher Yasmani Grandal, who is entering the fourth and final year of a $73 million contract.

In other words, Cohen could pay more in luxury tax penalties in 2023 than Sox owner Jerry Reinsdorf has ever paid to a free agent.

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