Carlos Correa signs with Mets for 12 years, $315 million after Giants’ deal was postponed: Source

By Andrew Baggarly, Andy McCullough and Will Sammon

Carlos Correa agreed to a 12-year, $315 million contract with the mets hours after it was reported that the announcement of his agreement with the giants was being postponed due to unresolved medical results of his physique, a major league source confirmed to The Athletic. The Mets’ deal also hinges on a physical. Here’s what you need to know:

  • Belt agreed to a 13-year, $350 million contract with San Francisco last week, pending a physical, the athletic confirmed. But the deal, which would be the largest in team history, had not been publicly announced by the Giants.
  • A Giants news conference, originally scheduled for Tuesday at 11 a.m. PT, which was expected to feature Correa’s introduction, was postponed Tuesday morning. Several other media appearances that Correa had scheduled for Tuesday were also cancelled. the athletic confirmed.
  • Before signing with the Giants, the athletic reported that the Mets and owner Steve Cohen were showing interest in Correa.
  • New York already has a two-time Gold Glove winner Francisco Lindor at shortstop, making Correa likely to play third base.

background

Correa, 28, opted out of his three-year, $105 million contract with the Twins after just one season. During his 2022 campaign, he hit .291 with 22 home runs, 64 RBIs and 70 runs scored in 136 games with a 5.4 WAR.

In addition to his offensive production, Correa has developed into a top-tier defensive shortstop. He received Platinum Glove honors in 2021 with +21 Defensive Runs Saved and a 2.9 defensive WAR in 2021.

Correa has played in 148 and 136 games in the last two seasons. Before that, he played in more than 110 games just once.

The two-time All-Star spent the first seven seasons of his career with the Houston Astroswinning American League Rookie of the Year honors in 2015 and a World Series title in 2017.

Correa ranked number 1 in the athleticKeith Law’s list of the top 50 free agents heading into the offseason.

How Correa Fits In With The Mets

The Mets are going for it. And in trying, anything short of a World Series appearance with the highest payroll in baseball history would be a disappointment. If you intend to build the best team money can buy, it only makes sense to add the best position player available.

The Mets at third base had a cumulative wRC+ of 102, around average. edward escobar he had a sizzling September in which he posted a career-best .982 OPS to boost that figure. Escobar finished with solid numbers: 106 wRC+, .726 OPS, but Correa would be a big upgrade at the position. Over the past two years, Correa has an .842 OPS — third basemen in that time period with a better OPS are just austin riley (.887), Raphael Devers (.885), Jose Ramirez (.881), Manny Machado (.867) and Nolan Arenado (.848). — Sammon

Where is New York’s payroll now?

For the Mets, a long-term deal made sense. They had the flexibility. And Correa is probably a star worth having for a while.

The Mets’ total payroll is projected to be around $495 million. That figure includes a tax penalty that alone will cost more than $110 million. No baseball team has ever had a payroll greater than $350 million. Correa’s $26.2 million AAV will be the fourth-biggest for the Mets, behind Max Scherzer ($43.3 million), justin verlander ($43.3 million) and Francisco Lindor ($31.9 million). — Sammon

What does this mean for the Giants?

Whether this turns out to be a case of buyer’s remorse or customer rebellion or a legitimate disagreement over a physical exam finding, the consequences are disastrous for the Giants. They entered the winter with a clear mandate from the fans to acquire a franchise player and telegraphed their intention to do so. Now Correa’s deal is unraveling in spectacular fashion, leaving them with no remaining backup options on the free-agent market. Oh, and they had already beaten the most successful shortstop in franchise history, Brandon Crawfordby waiting until the news of his tentative $350 million deal with Correa broke to inform him that he would have to accept a job change.

Thousands of words are about to be written trying to explain how on earth the Giants could have allowed this to happen. The next question after that, how the Giants can bail out this offseason, might be a lot simpler to answer. Aside from pulling off a highly successful trade for someone like shohei ohtani or Devers or both, you cannot. — Baggarly.

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(Photo: Carmen Mandato/Getty Images)

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