New York – Contract worth $102 million for the company Edwin Diaz A five-year deal with the New York Mets includes $26.5 million in deferred payments that won’t be received in full until 2042 and also has a club option for 2028 that could make the deal worth $118.25 million over six seasons.
Diaz’s deal, announced on Wednesday, set a record for dollars secured for a relief jug. It includes a signing bonus of $12 million payable in January, salaries of $17.25 million each in 2023 and 2024, and $17.5 million in 2025.
Diaz has a $18.5 million player option for 2026 and 2027, both of which he must decide after the 2025 season. If exercised, the Mets has $17.25 million for 2028 with a $1 million purchase condition.
New York will defer $5.5 million annually from 2023 to 2025 and $5 million annually in 2026 and 2027, with payments due July 1 in future years.
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Deferred money for 2023: $2.65 million in 2033, 2034, and $200,000 in 2035.
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Deferred 2024 money: $2.45 million in 2035, $2.65 million in 2036, and $400,000 in 2037.
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Deferred money for 2025: $2.25 million in 2037, $2.65 million in 2038, and $600,000 in 2039.
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Deferred 2026 money: $2.05 million in 2039, $2.65 million in 2040, and $300,000 in 2041.
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2027 money deferred: $2.35 million in 2041 and $2.65 million in 2042.
If the Mets exercise the 2028 option, none of that salary will be deferred.
Diaz was given a full no-trading clause during the 2025 season and, starting November 1, 2025, was given a limited no-trading clause allowing him to ban trades for 10 teams.
Will win $100,000 for World Championship MVP and Loyal Rivera/Hoffman of the Year, $50,000 for select All-Star All-Star, Golden Glove, League Series MVP or Cy Young, plus $25,000 for a runner-up finish in the Cy vote Young and $10,000 to finish third.
Diaz’s trade broke the previous record of the savior, set when Aroldis Chapman He returned to the New York Yankees after the 2016 season on a five-year contract worth $86 million. Chapman canceled the last two years and agreed to a three-year, $48 million deal that brought his earnings to $104 million over six seasons.
Diaz went 3-1 with 1.31 ERA and 32 assists in 35 chances this year, earning his second All-Star pick. He had 118 hits in 62 runs in 61 games as New York won 101 games (the second most in the club’s history) and earned his first NL Wild Card for his first playoff berth in six years.
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