The Mets are said to have agreed on a contract with Justin Verlander. This will be a two-year, $86.66 million deal with the option for a third season. If Verlander throws 140 innings in 2024, he will have a $35 million player option for 2025. Verlander will make $43.33 million per year for the first two years of the deal, and is fully stocked. terms of prohibition of sale and purchase.
Verlander is one of the most unique freelance agents in modern baseball due to his unusual circumstances. He only started once in 2020 and missed the whole of 2021 due to Tommy John surgery, after which he achieved freelancing. At the time, he had essentially missed two full years and was entering the season at the age of 39. However, he won the American League’s Cy Young Award when he got fit for the first time. end in 2019.
Despite his long layoff, Verlander has received a lot of attention based on his previous performance and performances in the spring that proved his fitness with interested teams. He eventually re-signed with the Astros on a one-year $25 million deal with a matching $25 million player option for 2023 on the condition that Verlander hit 130 plays in this year. Verlander not only surpassed that marker, but added another stellar campaign to its long track record. He threw 175 innings, making it to the injury list because of a calf injury. He posted a micro 1.75 ERA with 27.8% hit rate, 4.4% walk rate and 37.9% hit rate, winning his third Cy Young Award mine. Based on that stellar campaign, he made the easy decision to decline his choice and return to the open market in search of a higher salary.
This created a essentially unprecedented free agency. It’s rare for pitchers to be able to pitch so well towards the end of their career, especially after such a long break. With Verlander about to turn 40 in March, he’s never going to get a deal that’s too long. However, he has previously expressed a desire to play in his 40s, meaning he can conceivably look to land some sort of multi-year contract. The closest reasonable comparison is Scherzer maxwho signed a three-year, $130 million deal to join the Mets a year ago, when he entered the season at the age of 37. That comes with an average annual value of $43.33 million. dollars, breaking the previous record of $36 million, held by Mike the salmon and Gerrit Cole.
Verlander is now several years older than Scherzer, but the AAV still seems to be a rough signpost for Verlander to head towards. Astros owner Jim Crane intimate that Verlander was using the Scherzer deal as a target in free agency, which seemed outside his comfort zone. For the Mets, their rotation is significantly affected by free agency, as Jacob deGrom, Chris Bassitt and Taiwan Walker all its open markets. deGrom has stepped down from the board, having signed with Rangers in recent days. They quickly pivoted and replaced him with Verlander, who would now take deGrom’s place as co-ace alongside Scherzer. He hit his target by matching Scherzer with an AAV of $43.34 million, setting an all-time record. This is the reunion of Verlander and Scherzer, who were teammates in Detroit from 2010 to 2014.
As for the Astros, they’ve been extremely aggressive this winter, but it seems their priorities are elsewhere. Even without Verlander, the rotation is in good condition with Frame Valdez, Lance McCuller Jr., Cristian Javier, Luis Garcia, Jose Urquidy and brown hunter all present as solid options. Since they didn’t seem to see Verlander with their eyes, they spent their resources re-signing the reliever Raphael Montero and then signed with the first baseman Jose Abreu.
The Mets have become a financial powerhouse in recent years, with new owner Steve Cohen willing to spend at or near market highs to bolster the club’s lineup. Last year, they used up their Opening Day paychecks of $264 million, each Cot’s baseball contract. They’re now set to go live in 2023 with Verlander and Scherzer combined making more than $86 million, far exceeding the entire payroll of some teams. Resource list currently estimates the Mets’ payrolls for next year at $277 million, though perhaps more importantly their luxury tax estimate of $289 million. The lowest threshold for a competitive equilibrium tax in 2023 will be $233 million, with the next three tiers at $253 million, $273 million and $293 million, with the Mets currently just barely below the highs. best. Since the Mets also paid CBT in 2022, they will be second payers in 2023 and incur increasing penalties. All spending above the lowest threshold is subject to 30% tax, with additional surcharges at each subsequent tier: 12%, 45%, and 60%. In other words, any spending in excess of $293 million would be subject to a 90% tax. Since they’re still looking to upgrade their pitching and outfield staff, it seems almost certain that they’ll actually push that line.
All that money spent has made the Mets a strong team in 2022, winning 101 games. While that’s the second-highest total in franchise history, they’re still pushed into the wilds by the Braves. The Mets ended with a bitter defeat in the first round, losing to the Padres in their best series. For now, they appear to be planning on spending big again and hoping for better results in 2023. Verlander and Scherzer will take the top two spots in the rotation, with Carlos Carrasco behind them. That’s still two slots available, with internal options like David Peterson and Tylor Megill candidates for those roles. However, the Mets still have a few months left in the season to take their next steps.
Verlander is one of three pitchers considered to be the aces of the freelancing company this winter, along with deGrom and Carlos Rodon. The Mets lost deGrom to Rangers but have now replaced him with Verlander. For teams still looking to add to the front of their rotation, they will now have to rotate for Rodon, who is report looking for a six year contract.
Former ball player Carlos Baerga reported last night on Instagram that the Mets and Verlander are close to agreeing on a two-year contract plus an option. Andy Martino of SNY reported today that a deal has been struck for a two-year deal with an empowering option, with the deal’s AAV near Scherzer’s. Jon Heyman of the New York Post Verlander is reported to make $43.3 million per season, as well as a no-trade clause and an option value of $35 million. Hello then added the 140 plays needed to give the player the option. Ken Rosenthal of The Athletic reported that AAV was actually $43.33 million, exactly matching Scherzer.