The New York Mets and star closer Edwin Diaz have agreed to a five-year, $102 million contract extension, per Jeff Passan. This deal includes an opt-out, a full no-trade clause, and a sixth-year option.
This contract extension marks history, as this is the first contract ever for a closer that will be making $20 plus million a year. This is the first big move that will kick off free agency.
Edwin Diaz will be making $20.4 million over the course of the next five seasons, and the Mets retain the best closer in baseball. This season, Diaz had 32 saves, a 1.31 ERA, 118 strikeouts, and a .84 WHIP.
Diaz has blossomed into a top reliever in baseball, after his rough start in Queens. He was traded from the Mariners to the Mets back in 2018 and has become a fan favorite to many Mets fans.
Steve Cohen is already showing the league he isn’t afraid to go deep into his pockets to retain key players on the roster. Cohen will now turn his attention to Jacob deGrom and Brandon Nimmo.