Mets to sign Carlos Correa

Astonishing development, Carlos Correa Jon Heyman of the New York Post has agreed to join the Mets for a 12-year, $315 million contract. Correa had previously agreed to a 13-year, $350 million deal with the Giants, but reports surfaced yesterday that an unknown issue with Correa’s health led to the delay of the Giants’ promotional press conference for the centre-back. Correa, 28, is represented by Boras Corporation and his deal with the Mets will become official after it passes inspection.

as Susan Slusser of the San Francisco Chronicle tweetsThe giants marked something [Correa’s] physics and doctors disagreed.Slusser also reported yesterday that Correa’s back is okay, but back pain has sent the former All-Star to the list of multiple injuries during his career.

Whatever the Giants may have with Correa’s physique, the problem clearly wasn’t enough to deter the Mets from adding another high-priced star to their already loaded roster (and payrolls). Mets owner Steve Cohen said last week that the team tried to make a late bid of about $300 million to acquire Correa, but that offer was turned down by agent Scott Boras as talks with the Giants had already reached an advanced stage.

It seems that this late attempt by Cohen was all Boras needed to secure another mega-deal for his client soon after his deal with San Francisco broke down. As Cohen told Heyman, “we picked up a bit from where we were before and it worked” over four or five hours of extra negotiations.

Correa’s new contract with New York is one year shorter and has a slightly lower average annual value ($26.25 million with the Mets, $26.92 million with the Giants). At the same time, it is currently the 10th largest contract in terms of total value in baseball history, while the $350 million deal with San Francisco was the fourth largest contract in history.

Still, the deal easily exceeds MLBTR’s estimate of a nine-year $288 million deal for Correa. Like the structure of the original Giants contract and other agreements signed Xander Bogaerts and Trea Turner This winter alone, the longer length allows the team to spread the luxury tax hit for many more years, while the player continues to get their money and extra security. The Mets used a version of this strategy in their resignation. Brandon Nimmo To an eight-year, $162 million deal, as Nimmo’s tax number is $20.25 million. Correa now joins Nimmo and Francisco Lindor The length of the Mets’ spending this winter has drastically changed as Mets players sign contracts beyond the 2029 season.

The overall numbers of the Mets’ spending spree continue to falter. Assuming Correa’s contract pays him $26.25 million each year of the deal, Amazins’ payroll will now exceed $377 million for 2023. Having already passed the fourth and highest tier of Competitive Equilibrium Tax penalties ($293 million), New York pays 90% tax on every dollar spent beyond the $293 million threshold. That adds roughly $23.62 million to the Mets’ tax bill, thus pushing their luxury tax number to over $386 million.

Correa, Nimmo, Justin Verlander, Edwin Diaz, Koudai Senga, Jose Quintana, david robertson, Adam Ottavinoand Omar Narvaez It only represents the star-studded roster of free agents signed and re-signed by New York out of this season, to say nothing of Cohen’s previous big leaps since he bought the team a little over two years ago. Needless to say, Cohen has set new standards for spending, as the owner has no qualms about making the Mets as competitive as possible. The result was a 101-win season in 2022, but the Amazins failed to make it past the first round of the extended playoffs, losing to the Padres in three games in the Wild Card Series.

Correa signature “it really makes a big differencesaid Cohen. “I felt our shot was in good shape. We needed another striker. That takes us to the top

Indeed, much of the Mets’ focus was on renovating a rotation and an arena filled with free agents. While Diaz and Ottavino were re-signed, many gaps needed to be filled after Jacob deGrom, Chris Bassitt, Taijuan Walker, Seth Lugo, Joely Rodriguez, Trevor Williams, Trevor May and Mychal Givens were signed elsewhere. Nimmo was the biggest free agent waiting on the position player side and Narvaez should have supported the capture troops, but Cohen and GM Billy Eppler would not be able to rein in their aggression.

To that end, one of baseball’s best short defenders in Correa will no longer even be a centre-back, as Correa will now move to third base with respect for Lindor. Correa won a Platinum Glove, Gold Glove and Fielding Bible Award for his work at the centre-back in 2021, and his third-stage professional experience consists of a game with a Double-A member of the Astros in 2015. an excellent fielder in his own right, and his Above Average and UZR/150 overall metrics have favored Correa’s glove job at the short center throughout their career. There’s little doubt that Correa can get into the hot corner well, improving the Mets’ defense and the impact he can bring to the formation.

With Correa now the new third baseman, Eduardo Escobar was suddenly fired from his starting job. It wasn’t even 13 months since Escobar signed a two-year, $20 million deal, becoming one of New York’s biggest signings of the 2021-22 season. In his first year at Queens, Escobar was good if not outstanding, reaching 20 homers for 106 wRC+ in over 542 record matches, reaching .240/.295/.430.

“Good if not exceptional” wasn’t enough for a team so determined to win, so Escobar could now join Luis Guillorme as in-court depth. It makes sense for the Mets to explore trading Escobar (and the remaining $10 million in his deal) to a team that needs a reliable veteran infielder, or for New York to keep Escobar as a backup option in the event of an injury. Correa or second baseman Jeff McNeil.

Looking further down the depth table, top contenders Brett Baty and Mark Vientos are also a third baseman (ranked by MLB Pipeline as the seventh best minor league in New York’s farm system). Baty gained some time as an outfielder and may now be a possible replacement for Canha in the left field, while Vientos’ fate may be doomed to leave third base anyway, and first base is potentially his final on the field. However, with Correa now locked in the hot corner, the Mets seem more likely to purchase any of these for other upgrades.

Today’s news marks the latest turning point in Correa’s controversial career, largely due to his participation in the 2017 Astros team, which won a World Series championship that was later marred by a sign stealing scandal. Correa’s tenure in Houston ended last winter when he signed a three-year, $105.3 million deal with the Twins, but this shorter-than-expected contract is designed to ensure a quick return to the free cast. Correa had opt-out provisions after both the 2022 and 2023 campaigns and implemented the initial opt-out to re-enter the market in an off-season not interrupted by the lockout.

Correa finished .291/.366/.467 with 22 homers in over 590 games in his only season in Minnesota, with 140 wRC+, the third highest in eight MLB seasons. Coming out of a strong platform year and younger than most free agents when they hit the open market, Correa had the prospect of finally getting the expensive long-term contract he originally wanted last year.

More to come…

Leave a Reply

Your email address will not be published. Required fields are marked *