Edwin Diaz Agrees to Five-Year, $102 Million Contract with New York Mets

Edwin Diaz isn’t going anywhere…

The 28-year-old Puerto Rican professional baseball pitcher, a star closer for the New York Mets, has agreed to a five-year, $102 million contract, pending a physical, according to ESPN.

Edwin DiazThere’s an opt-out and a full no-trade clause plus a sixth-year option in the contract, sources said.

The Diaz deal is the first nine-figure contract ever for a closer, and for the first time, it takes the position into the $20 million-plus range.

Diaz, who made $10 million this year, earned the big payday after a dominant 2022 season that saw him finish with 32 saves, a 1.31 ERA and 118 strikeouts in 62 innings for a Mets team that won 101 games.

New York’s bullpen finished 10th in the majors in ERA, and its top relievers in innings pitched (Adam OttavinoSeth LugoTrevor Williams and Diaz) were among the 131 players across the major leagues who were declared free agents Sunday, the day after the 2022 season ended.

Keeping Diaz is a massive move for the Mets to start the offseason, as one of baseball’s top free agents is now off the board.

Diaz was part of a blockbuster trade with the Seattle Mariners in December 2018, one that saw him and veteran second baseman Robinson Cano go to the Mets for a prospect-heavy package.

Diaz had starred in Seattle, leading the majors with 57 saves in 2018 — which tied Bobby Thigpen (1990) for the second most in a single season in baseball history, trailing only Francisco Rodriguez‘s 62 in 2008.

But his early tenure in New York was anything but successful. In his debut season in the Big Apple, he had a 5.59 ERA (seventh worst among relievers), 15 homers allowed and -0.6 bWAR in 58 innings, as Mets fans routinely booed him while on the mound.

Diaz has righted the ship since, culminating with the dominant 2022. And he’s become a fan favorite in New York, with the hit song “Narco,” by Australian musician Timmy Trumpet, played at Citi Field every time he exits the bullpen before an appearance.

The Seattle Mariners Trade Edwin Diaz to the New York Mets

Edwin Diaz has Metshis match…

The Seattle Mariners have officially completed a blockbuster trade that will send the 24-year-old Puerto Rican MLB All-Star closer and former All-Star Robinson Cano to the New York Mets.

Edwin Diaz

In exchange, the Mariners will receive outfielder Jay Bruce, reliever Anthony Swarzak, right-hander Gerson Bautista and prospects Jarred Kelenic and Justin Dunn.

“This trade bolsters our player development system with the additions of Jarred Kelenic and Justin Dunn, while also providing immediate impact to our major league club in Jay Bruce, Anthony Swarzak and Gerson Bautista,” Mariners general manager Jerry Dipoto said in a statement. “We view Kelenic as a true 5-tool player with a very high ceiling. Dunn is another former first-round draft pick, who we think has a bright future on our pitching staff. Bruce and Swarzak both bring proven production in the field and a veteran presence in our clubhouse. Bautista has demonstrated an impressive high-velocity pitch mix.”

The Mariners are also sending cash to the Mets to offset the money remaining on Cano’s contract, but they didn’t reveal the exact amount.

Diaz is considered the prize in the deal. Armed with a 100-mph fastball, he had a 1.96 ERA and led the majors with 57 saves last season — tied with Bobby Thigpen (1990) for the second-most in a single season in Major League Baseball history, trailing only Francisco Rodriguez‘s 62 in 2008.

Diaz also comes to New York cheaply.

He made just $571,000 in 2018, isn’t eligible for arbitration until 2020 and won’t be eligible for free agency until after the 2022 season.

Cano, 36, has five years, $120 million remaining on the 10-year, $240 million contract he signed with Seattle in December 2013, when current Mets general manager Brodie Van Wagenen served as his agent, along with Jay-Z‘s Roc Nation.

Cano was suspended for 80 games last season for violating baseball’s joint drug policy. He hit .303 with 10 home runs and 50 RBIs in 80 games.

An eight-time All-Star at second base who starred for the New York Yankees from 2005 to 2013, Cano reportedly was happy to return to New York and waived his no-trade clause for the deal to be completed.

“I want to thank the Seattle Mariners organization, the city of Seattle, & the fans who are some of the best in our game. 5 years ago, you welcomed me to your city and embraced me from day one. Playing for you was a privilege, & I’m grateful for your support throughout the years,” tweeted Cano.

Seattle, which finished 89-73 this past season, has since decided to go into rebuilding mode. The Mariners have already traded ace James Paxton to the New York Yankees, catcher Mike Zunino to the Tampa Bay Rays and reliever Alex Colome to the Chicago White Sox, and Monday they sent All-Star infielder Jean Segura to thePhiladelphia Phillies.