Edwin Díaz’s five-year, $102 million contract with the New York Mets includes a lump sum of $26.5 million that he won’t receive in full until 2042.
The contract also includes an option that could provide the club with compensation for the 2028 season, totaling $118.25 million over six seasons.
The deal with Díaz, announced Wednesday, set a guaranteed dollar record for a relief pitcher. It includes a $12 million signing bonus payable in January and salaries of $17.25 million in 2023 and 2024 and $17.5 million in 2025.
Díaz has an option of $18.5 million for the 2026 and 2027 seasons. After the 2025 season, he has to decide whether to choose this option. If the option is exercised, the Mets will have between one million and 17.25 million for the 2028 season. dollar contract purchase.
New York will carry more than $5.5 million per year from 2023 to 2025 and more than $5 million per season for the 2026 and 2027 seasons.
In 2033 and 2034, Diaz will earn $2.65 million and $200,000 in 2035. The distribution for the following years looks like this:
- Delayed money from the 2024 season will pay Diaz as follows: $2.45 million in 2035, $2.65 million in 2036 and $400,000 in 2037;
- The money postponed from the 2025 season will be paid to Diaz as follows: $2.25 million in 2037, $2.65 million in 2038 and $600,000 in 2039;
- Delayed money from the 2026 season will pay Diaz as follows: $2.05 million in 2039, $2.65 million in 2040 and $300,000 in 2041;
- The money postponed from the 2027 season will be paid to Diaz as follows: $2.35 million in 2041 and $2.65 million in 2042.
If the Mets had used the 2028 option, no part of that salary would have been delayed.
Díaz has a trade ban clause throughout the 2025 season and has a list of ten teams he does not wish to trade as of November 1, 2025.
Various performance bonuses have been added to his contract. He would receive $100,000 for being named World Series MVP, $50,000 for playing the All-Star Game, winning a golden glove, championships or being called Cy-Young. Cy Young would get $25,000 for second place and $10,000 more for third place.
Diaz’s contract surpassed the previous figure set by Aroldis Chapman, who signed a five-year, $86 million deal with the New York Yankees after the 2016 season. However, Chapman dropped his last two-year contract and signed a three-year $48 million deal, which brought his earnings to $104 million over six seasons.
Díaz has gone 3-1 with a 1.31 ERA and 32 saves in 35 tries this season. He scored 118 goals in 62 in 61 games for the Mets, who won 101 games.