Mets pop up and grab Carlos Correa for $315 million, 12-year deal

His current deal with the Giants fell apart due to a problem with his physique

Article content

In a wild overnight twist, Carlos Correa agreed to a 12-year, $315 million contract with the free-spending New York Mets after his pending deal with the San Francisco Giants fell apart due to a problem with his physical .

Advertisement 2

Article content

The deal with the Mets was confirmed to The Associated Press by a person familiar with the negotiations, who spoke on condition of anonymity because the deal was contingent on a successful physical conversation. Details were first reported by the New York Post.

Article content

“We need one more thing, and this is it,” Mets owner Steve Cohen told The Post from Hawaii. “This puts us on top.”

Article content

Correa, an All-Star shortstop, would play third base for the Mets, with friend Francisco Lindor as shortstop.

“This really makes a big difference,” Cohen told The Post. “I felt like our pitching was in good shape. We needed another batter.”

Correa’s addition would raise the Mets’ luxury tax list to $385 million next year, putting them on track to pay a record tax of about $110 million — more than double the Los’s current high of $44 million. Angeles Dodgers of 2015. Estimates would change if Correa’s deal includes deferred money or if New York trades players.

Ad 3

Article content

Correa could cost the Mets $49.88 million in salary and taxes next year, if no deferred money is included in the deal.

The Giants postponed a press conference Tuesday to introduce Correa after a medical concern arose during his physical condition, according to two people with direct knowledge of the situation.

Correa and the Giants agreed on a $350 million 13-year deal on Dec. 13, subject to a successful physical assault, one of the people said. Correa has been placed on the injured list seven times during his eight-year career.

One person confirmed that Tuesday’s conference to welcome Correa has been put on hold as the parties awaited the results of the tests. A second person said a medical problem was identified during Correa’s physical examination.

Ad 4

Article content

The media availability was scheduled for 11 a.m. PST at Oracle Park, but was called off about three hours before it was due to take place. The Giants gave no explanation as to why.

New York was in talks with Correa and was in pursuit of him just before he agreed to sign with the Giants, The Post reported.

Sorry, but this video cannot be loaded.

“We kind of picked up where we were before and it just worked,” Cohen told the newspaper.

Major League Baseball and the players’ union last winter introduced a new fourth luxury tax threshold dubbed the “Cohen Tax” because it targeted Cohen. The added threshold starts at $293 million in 2023, and the Mets pay at a rate of 90% as they owe taxes for the second year in a row.

New York won 101 regular season games last season, the second most in franchise history, losing to San Diego in the playoff round by wild card.

Ad 5

Article content

Correa, the 2015 AL Rookie of the Year, has a .279 batting average with 155 home runs and 553 RBIs in eight big league seasons. He was also a stellar performer in the postseason, hitting 18 home runs and 59 RBIs in 79 games.

About the only knock on Correa’s resume is sustainability. He only played at least 150 matches in a season once due to various injuries.

Correa was a free agent a year ago after leaving the Houston Astros, and he reached a $105.3 million deal with the Minnesota Twins. That deal gave the two-time All-Star the right to opt out after a year and $35.1 million to get back on the market.

Sorry, but this video cannot be loaded.

Correa, 28, canceled his contract and returned to the free market.

Correa hit .291 with 22 home runs and 64 RBIs in his lone season with Minnesota.

He was selected by Houston with the No. 1 overall pick in the 2012 amateur draft, and he played a key role in the Astros’ rise from bottom of the AL West to the franchise’s first World Series title in 2017.

The Astros’ championship was tainted by a sign-stealing scheme, and Correa has been booed in some cities since the scandal surfaced.

Ad 1

Remarks

Postmedia is committed to maintaining a vibrant yet civilized forum for discussion and encourages all readers to share their thoughts on our articles. It can take up to an hour for comments to appear on the site. We ask that you keep your comments relevant and respectful. We’ve enabled email notifications: you will now receive an email when you receive a reply to your comment, when there’s an update to a comment thread you follow, or when a user you follow makes a comment. For more information and details on customizing your email settings, visit our Community Guidelines.

Leave a Comment