Carlos Correa Agrees to 12-Year, $315 Million Contract with New York Mets

Carlos Correa is changing course…

The 28-year-old Puerto Rican professional baseball shortstop has agreed to a 12-year, $315 million contract with the New York Mets, snubbing a previous agreement with the San Francisco Giants, according to ESPN sources.

Carlos CorreaCorrea had originally agreed to terms last week with the Giants and was set to sign a historic 13-year, $350 million contract, tying Bryce Harper for the longest free agent deal in baseball history and setting up the star shortstop to become a new central figure in the Giants’ decorated history.

But the deal fell apart Tuesday over what Correa’s agent, Scott Boras, told the New York Post was a “difference of opinion” concerning Correa’s physical. The Mets swooped in, led by uber-aggressive owner Steve Cohen, who told the Post that he negotiated the new contract with Boras in Hawaii.

“We need one more thing, and this is it,” Cohen told the Post. “This was important. … This puts us over the top. This is a good team. I hope it’s a good team.”

In a statement issued Wednesday, Giants president of baseball operations Farhan Zaidi wouldn’t disclose what the “difference of opinion” was concerning Correa’s physical, but he did wish the shortstop well moving forward.

“While we are prohibited from disclosing confidential medical information, as Scott Boras stated publicly, there was a difference of opinion over the results of Carlos’ physical examination,” Zaidi said in his statement. “We wish Carlos the best.”

Correa was scheduled to be officially introduced by the Giants on Tuesday, but the team announced that morning that the news conference was postponed without providing a reason. Despite the differences on Correa’s physical, sources throughout the industry who spoke to ESPN still believed the deal with the Giants would be finalized.

Boras told The Athletic on Wednesday that San Francisco had “reasonable time” to still move forward with the deal, but that the team was dragging its feet on “things in his medical record that happened decades ago.”

“We reached an agreement. We had a letter of agreement,” Boras told The Athletic. “We gave them a time frame to execute it. They advised us they still had questions. They still wanted to talk to other people, other doctors, go through it.

“I said, ‘Look, I’ve given you a reasonable time. We need to move forward on this. Give me a time frame. If you’re not going to execute, I need to go talk with other teams.”

Boras told the Post that the Mets seized the opportunity to resume negotiations with the two-time All-Star, adding another superstar player in their aggressive pursuit of a championship.

Cohen told the Post that the agreement with Correa and Boras came together quickly because the Mets had initially fallen just short of a deal last week before Correa’s pending deal with the Giants.

“We kind of picked up where we were before, and it just worked out,” Cohen told the paper.

With Correa’s deal, the Mets have committed more than $800 million to free agents this offseason, and their competitive balance tax payroll now projects to be approximately $384 million. The fourth and final threshold of the luxury tax, commonly referred to as “the Steve Cohen tax,” sits at $293 million for the 2023 season, which means the Mets could be in for a tax bill in the neighborhood of $100 million next year.

“What the heck’s the difference?” Cohen told the Post in response to the Mets’ historic spending. “If you’re going to make the move, make the move.”

The Mets already brought back center fielder Brandon Nimmo and closer Edwin Diaz on nine-figure contacts, and signed starting pitchers Justin Verlander, Kodai Senga and Jose Quintana, relievers Adam Ottavino and David Robertson, and catcher Omar Narvaez.

If Correa’s deal with the Mets is finalized — this one, like his prior agreement with the Giants, is also pending the completion of a physical — he will team up with good friend and fellow Puerto Rican Francisco Lindor, who signed a 10-year, $341 million extension in April 2021. Lindor is expected to remain at shortstop, and Correa would move to third base, a dynamic that would undoubtedly remind fans of the pairing between Derek Jeter and Alex Rodriguez in the Bronx.

“This really makes a big difference,” Cohen told the Post. “I felt like our pitching was in good shape. We needed one more hitter. This puts us over the top.”

Odds on the Mets to win the World Series improved from +900 to +750 by Wednesday morning, per Caesars Sportsbook. That is the third-best odds behind the Houston Astros (+400) and the Los Angeles Dodgers (+600).

Correa was one of the headliners of this year’s free agent class, alongside Aaron Judge and three other star-caliber shortstops in Trea TurnerXander Bogaerts and Dansby Swanson, the five of whom have now attained a combined $1.4 billion in total guarantees.

Correa is a Gold Glove Award winner who has batted .285/.366/.476 with 48 home runs and 156 RBIs in 284 games with the Astros and the Minnesota Twins over the past two seasons.

Correa battled injuries to his thumb, back and ribs from 2017 to 2019, a three-year stretch in which he averaged just 98 games per season. But he has nonetheless accumulated 31.3 FanGraphs wins above replacement since his shortened American League Rookie of the Year campaign in 2015, 16th-highest among position players. A former No. 1 overall pick out of the Puerto Rico Baseball Academy, Correa spent his first seven major league seasons with the Astros, evolving into one of the leaders on a star-studded team that was tarnished by the sign-stealing scandal that tainted its championship in 2017.

Unable to land the long-term deal he coveted last offseason, Correa shocked the industry by signing a three-year, $105.3 million contract with the Twins, who also provided him with two opt-outs. Correa, who hired Boras as his agent at the start of 2022, exercised the first of those opt-outs after a solid 2022 season, venturing out into the free agent market once again.

Carlos Rodon Agrees to 6-Year, $162 Million Deal with New York Yankees

Carlos Rodon is the 162-million dollar man…

The 30-year-old Cuban American left-handed pitcher has agreed to a 6-year, $162 million deal with the New York Yankees, according to ESPN.

Carlos RodonRodon was the top pitcher left on the market after he opted out of a contract with the San Francisco Giants after last season. He was 14-8 with a 2.88 ERA in 2022, pitching a career-high 178 innings over 31 starts.

Rodon was the third pick in the 2014 draft by the Chicago White Sox but battled injuries during the first portion of his career before undergoing Tommy John surgery. He returned to elite form in 2021 when he compiled a 2.37 ERA over 24 starts though the White Sox were careful with him down the stretch. He never pitched more than five innings over the final two months of the season.

Even with his success that year the White Sox non-tendered Rodon that offseason leading to a two-year deal with the Giants. It included an opt-out which he chose to exercise in November.

Rodon joins holdovers Gerrit ColeNestor CortesLuis Severino and Frankie Montas in the Yankees rotation which ranked fourth overall in ERA last year. That ranking wasn’t indicative of some second-half struggles as the Yankees were eliminated in the postseason by the Houston Astros.

The signing, which was first reported by the New York Post, is the latest for agent Scott Boras who once again is having a rich off-season. Other deals for his clients include Carlos Correa ($350M), Xander Bogaerts ($280M), Brandon Nimmo ($162M), Masataka Yoshida ($90M), Taijuan Walker ($72M), Sean Manaea ($25M) and Cody Bellinger ($17.5M).

According to ESPN Stats & Information research, the deal is the second-largest contract the Yankees have ever given a pitcher in total value, exceeded only by Cole’s $324 million deal in 2019. Rodon gets $1 million more than CC Sabathia‘s $161 million deal with the Yankees in 2008.

Between Rodon and Aaron Judge, who signed a nine-year, $360 million deal to stay with the Yankees earlier this month, the team has guaranteed $522 million in contracts this offseason.

Rodon won’t have to wait long to face his former Giants team, with the Yankees set to host the San Francisco Giants on Opening Day of the 2023 season.

Rodon is 56-46 with a 3.60 ERA in 152 major league appearances over eight seasons. He has 947 strikeouts in 847 1/3 innings.

Francisco Lindor Elected to Executive Subcommittee of Major League Baseball Players Association

Francisco Lindor is representing his fellow players…

The 27-year-old Puerto Rican Major League Baseball player, a shortstop for the Cleveland Indians, has been elected to the executive subcommittee of the Major League Baseball Players Association.

Francisco Lindor

Lindor joins a roster of newcomers to the executive subcommittee that includes New York Yankees pitchers Zack Britton and Gerrit Cole, free-agent catcher Jason Castro and free-agent shortstop Marcus Semien.

They join St. Louis Cardinals pitcher Andrew Miller, free-agent pitcher James Paxton and Washington Nationals pitcher Max Scherzer on the union’s highest-ranking member body.

The newcomers replace Elvis AndrusCory GearrinChris IannettaCollin McHugh and Daniel Murphy on the executive subcommittee.

Lindor and Semien were elected alternate association player representatives, Britton a pension committee representative, and Cole an alternate pension committee representatives.

Britton, Cole, Paxton and Scherzer are clients of agent Scott Boras. Semien is represented by the Wasserman agency, Lindor by SportsMeter, Miller by Frontline Athlete Management and Castro by ISE Baseball.

Cole, at $324 million over eight years, and Scherzer, at $210 million over six seasons, are among baseball’s highest-paid players.

Britton has a $53 million, three-year deal and Miller a $34.5 million, three-year contract. Lindor is eligible for arbitration after making $17.5 million. Semien had a $13 million salary last season, Paxton $12.5 million and Castro $6.85 million.

J.D. Martinez Opts to Stay with the Boston Red Sox

J.D. Martinez is still seeing Red (Sox)

The 32-year-old Cuban American Major League Baseball star didn’t opt out of his contract with the Boston Red Sox.

J.D. Martinez

By staying with the Red Sox, Martinez can earn $62.5 million over the next three years: $23.75 million for 2020 and $19,375,000 for both 2021 and 2022. 

He also has the option to opt out after each of the next two seasons, as long as he doesn’t spend a lengthy period on the injured list.

“J.D. has advised me that his decision is about assuring that he plays for a competitive team and wanting to continue to play in a place where he knows that he can be highly productive,” Scott Boras, Martinez’s agent, told The Boston Globe.

Over the past three seasons, Martinez leads the league in home runs with 124 and is second in RBIs at 339, batting average at .313, slugging percentage at .619 and OPS at 1.007 over that span.

The Red Sox, who had the highest payroll in baseball last season ($243 million), are looking to get below the luxury tax threshold ($208M). It remains to be seen how this will affect newly hired chief baseball officer Chaim Bloom‘s ability to also retain Mookie Betts, the 2018 MVP who will become a free agent after next season. Betts made $27.7 million last season and is likely to get more in arbitration this season.

Martinez led the Red Sox in home runs, RBIs and hits in 2018, on the way to winning his first World Seriestitle. His numbers in 2019 fell off as he battled back spasms, but in his two years in Boston, he hit 79 homers and drove in 235 runs. He has been an All-Starboth of his years in Boston.

Though he played 38 games in the outfield this year, Martinez is primarily a designated hitter.

Martinez takes a meticulous approach to hitting, analyzing at-bats and opposing pitchers, and several Red Sox players credited him with helping them improve their approach.

Martinez broke in with the Houston Astrosin 2011 and was released by the team in 2014. Martinez decided he had to change his swing, and worked with Robert Van Scoyoc, now the Los Angeles Dodgershitting coach, and Craig Wallenbrock.

He signed a free-agent deal with the Detroit Tigers in 2014, then was traded to the Arizona Diamondbacksin July 2017. In 62 games with Arizona, Martinez hit .302 with 29 home runs and 65 RBIs. That landed him the deal with the Red Sox.