Bo Bichette signs with Mets; J.T. Realmuto staying with Phillies

Catching up on some free agent news after the long weekend:

Infielder Bo Bichette is leaving the Toronto Blue Jays. He's signing a three-year deal worth $126 million with the New York Mets, who pivoted after losing out to the Los Angeles Dodgers in the Kyle Tucker sweepstakes. 

The Mets are going to be an interesting experiment this year. They lost slugging first baseman Pete Alonso to the Baltimore Orioles in free agency, but they've signed Bichette and Jorge Polanco. And they traded outfielder Brandon Nimmo to Texas for infielder Marcus Semien.

New York's projected infield is Polanco at first base, Semien at second, Francisco Lindor at shortstop and Bichette at third.

Notably, Polanco has never played first base, and Bichette has never played third. All four of those guys have been middle infielders their whole careers. The Mets are apparently going to test the theory that players with experience at shortstop can stand anywhere else on the field.

The Philadelphia Phillies reportedly made an offer to Bichette, but after he signed with an NL East rival, the Phillies pivoted and retained their longtime starting catcher, J.T. Realmuto, on a three-year, $45 million deal. 

I keep waiting for Philadelphia to do something to shake it up, after it has fallen short repeatedly in the playoffs in recent years. But for the most part, it seems like the Phillies are running it back. They've kept two of their top three free agents this offseason, Realmuto and slugger Kyle Schwarber, who signed for five years and $150 million in December. Philadelphia lost starting pitcher Ranger Suarez to the Red Sox.

The Phillies definitely still look like a playoff team, but it feels like they need to change the mix to get to the World Series and win it. 

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.