Mets deal with Edwin Diaz has deferred payments until 2042

NEW YORK — Edwin Díaz’s five-year, $102 million contract with the New York Mets includes $26.5 million in deferred payments, which he will not receive in full until 2042, and also has a club option for 2028, which extends the deal in Worth $118.25 million could surpass six seasons.

Díaz’s deal, announced Wednesday, set a record for guaranteed dollars for a relief pitcher. It includes a $12 million signing bonus payable in January and $17.25 million in salaries in 2023 and 2024 and $17.5 million in 2025.

Díaz has an $18.5 million player option for both 2026 and 2027, and he has to choose both after the 2025 season. If exercised, the Mets have a $17.25 million option for 2028 with a $1 million buyout.

New York will defer $5.5 million annually from 2023 to 2025 and $5 million annually in 2026 and 2027, with payments due July 1 in forthcoming years.

The breakdown:

  • Funds deferred for 2023: $2.65 million each in 2033 and 2034 and $200,000 in 2035.

  • Funds deferred for 2024: $2.45 million in 2035, $2.65 million in 2036, and $400,000 in 2037.

  • Funds deferred for 2025: $2.25 million in 2037, $2.65 million in 2038, and $600,000 in 2039.

  • Funds deferred for 2026: $2.05 million in 2039, $2.65 million in 2040, and $300,000 in 2041.

  • Funds deferred for 2027: $2.35 million in 2041 and $2.65 million in 2042.

If the Mets exercise the 2028 option, none of that salary would be deferred.

Díaz will receive a full no-trade stipulation during the 2025 season and a limited no-trade stipulation beginning November 1, 2025, allowing him to block trades for 10 teams.

He would earn $100,000 for World Series MVP and Rivera/Hoffman Reliever of the Year, $50,000 for All-Star selection, Gold Glove, League Championship Series MVP or Cy Young, plus $25,000 for the second place in the Cy Young voting and $10,000 for third place.

Díaz’s deal broke the previous high for a reliever set when Aroldis Chapman returned to the New York Yankees after the 2016 season on a five-year, $86 million deal. Chapman quit the last two years and secured a three-year, $48 million deal that took his earnings to $104 million over six seasons.

Díaz went 3-1 this year with a 1.31 ERA and 32 saves from 35 chances, making him his second All-Star Team. He had 118 strikeouts in 62 innings across 61 appearances as New York won 101 games – the second most in club history – and earned the best National League wildcard for their first playoff berth in six years. Mets deal with Edwin Diaz has deferred payments until 2042

Emma Bowman

Emma Bowman is a USTimesPost U.S. News Reporter based in London. His focus is on U.S. politics and the environment. He has covered climate change extensively, as well as healthcare and crime. Emma Bowman joined USTimesPost in 2023 from the Daily Express and previously worked for Chemist and Druggist and the Jewish Chronicle. He is a graduate of Cambridge University. Languages: English. You can get in touch with me by emailing

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