Mets, Francisco Lindor reach $342 million contract extension


Mets owner Steve Cohen has delivered on his vow to be a big spender after purchasing the team from the Wilpon family in December, signing recently acquired shortstop Francisco Lindor to a 10-year, $342 million contract extension Wednesday night.

The deal — which followed an intriguing negotiating process and is the largest outlay in franchise history –was finalized xxx days ahead of the four-time All-Star’s imposed negotiation deadline of Opening Day on Thursday in Washington.

The Mets initially offered Lindor a 10-year contract worth $325 million, while Lindor sought $385 million over 12 years, The Post reported Monday — two days after Cohen and Lindor had dinner in Florida. On Tuesday, Mets star Pete Alonso said the Mets should give his new teammate $400 million.

The 27-year-old Lindor could have become a free agent after this season after having been obtained from Cleveland in a January blockbuster trade. He will receive an average annual salary of $34.1 million, topping the $27.5 million AAV of the five-year, $137.5 million extension teammate Jacob deGrom signed in 2019. The two-time Cy Young Award winner is slated to earn $33.5 million this season.

Lindor’s total outlay also more than doubles the franchise record $138 million total commitment the Mets made to since-retired David Wright in 2012.

Mets Francisco Lindor contract $341 million
The Mets and Francisco Lindor have reached an agreement on a 10-year, $341 million contract extension.
Corey Sipkin

The two-time Gold Glove winner averaged 34 home runs, 85 RBI, 110 runs scored and 21 stolen bases with an .856 OPS for Cleveland from 2017-19. He was acquired with pitcher Carlos Carrasco in a trade that shipped Amed Rosario, Andres Gimenez, Isaiah Green and Josh Wolf to the Indians.

The 64-year-old Cohen, the billionaire hedge-fund tycoon originally from Long Island, purchased the Mets for $2.4 billion in October from the Wilpon family.

The Mets also are seeking to extend the contract of homegrown outfielder Michael Conforto, who is eligible to become a free agent after the 2021 season. They also will have to make contract decisions soon on pitchers Marcus Stroman (also a pending free agent) and Noah Syndergaard, who is rehabbing from Tommy John surgery.

Lindor becomes the eighth player in baseball with a contract of $300 million or more, joining Mike Trout ($426.5 million), Mookie Betts ($365m), Fernando Tatis ($340m), Bryce Harper ($330m), Giancarlo Stanton, ($325m), Gerrit Cole ($324m) and Manny Machado ($300m).

Source link


H.BUSH is the Founder of GiTV Connect and has a lot of experience in journalism and technology as he started it as a profession at an early age. His bright and bold personality allows him to fearlessly collect data and information from many sources. His experience and influence help provide the website with all the latest news in the Technology niche.