- PREMIUM
- HOME
- NFL
Popular Pages
Transactions
Trending Players
AFC East
AFC North
AFC South
NFC East
NFC North
NFC South
- NBA
Popular Pages
Transactions
Trending Players
Southeast
Atlantic
Southwest
Northwest
- MLB
Popular Pages
Transactions
Trending Players
AL East
AL Central
NL West
NL East
- NHL
Popular Pages
Transactions
Trending Players
Atlantic
Pacific
- WNBA
Popular Pages
Transactions
Trending Players
Eastern
- EPL
Popular Pages
Transactions
Trending Players
- MLS
Transactions
Trending Players
Eastern
ATL Atlanta UnitedAtlanta United FC
MTL MontrealCF Montreal
CLT CharlotteCharlotte FC
CHI FireChicago Fire
CLB Columbus CrewColumbus Crew
DC UnitedD.C. United
CIN CincinnatiFC Cincinnati
MIA Inter MiamiInter Miami FC
NSH NashvilleNashville SC
NE RevolutionNew England Revolution
NYC New York CityNew York City FC
RBNY Red BullsNew York Red Bulls
ORL Orlando CityOrlando City
PHI UnionPhiladelphia Union
TOR TorontoToronto FC
Western
ATX AustinAustin FC
COL RapidsColorado Rapids
DAL DallasFC Dallas
HOU DynamoHouston Dynamo
LA GalaxyLA Galaxy
LAFC Los AngelesLos Angeles FC
MIN MinnesotaMinnesota United FC
POR TimbersPortland Timbers
RSL Real Salt LakeReal Salt Lake
SJ EarthquakesSan Jose Earthquakes
SEA SoundersSeattle Sounders FC
SKC Kansas CitySporting Kansas City
STL St. Louis CITYSt. Louis CITY SC
VAN WhitecapsVancouver Whitecaps FC
- NWSL
Popular Pages
Transactions
Trending Players
ACFC Angel City FCAngel City FC
BFC Bay FCBay FC
CHI Chicago Red StarsChicago Red Stars
HOU Houston DashHouston Dash
KC Kansas City CurrentKansas City Current
NJNY NJ/NY Gotham FCNJ/NY Gotham FC
NC North Carolina CourageNorth Carolina Courage
ORL Orlando PrideOrlando Pride
POR Portland Thorns FCPortland Thorns FC
LOU Racing Louisville FCRacing Louisville FC
SD San Diego Wave FCSan Diego Wave FC
RGN Seattle Reign FCSeattle Reign FC
UTA Utah Royals FCUtah Royals FC
WAS Washington SpiritWashington Spirit
- GOLF
Popular Pages
Trending Players
- TENNIS
ATP
WTA
- RACING
NASCAR CUP
FORMULA 1
Breaking Down Edwin Diaz's $102M Contract
![](https://d1dglpr230r57l.cloudfront.net/images/xlarge/USATSI_19203238_168390303_lowres.jpg)
The Mets struck early this offseason, locking in Edwin Diaz to a 5 year, $102M contract during the exclusive negotiations portion of free agency. With full details of that contract now available, we’ll dive deep into the facts and figures here.
The Total Value
With a base value of $102M, Diaz’s new contract is the highest total value deal in relief pitcher history - by a bunch.
1. Edwin Diaz, $102M
2. Aroldis Chapman, $86M
3. Kenley Jansen, $80M
4. Mark Melancon, $62M
5. Raisel Iglesias, $58M
When factoring in the 6th year club option, and annual award bonuses, there’s a world where this contract can approach $120M in full.
The Average Salary vs. the Tax Salary
On its face, the $20.4M per year average annual salary blows the reliever market out of the water, as Liam Hendriks ($18M), Aroldis Chapman ($16M), & Kenley Jansen ($16M) currently held the top spots.
If we take position out of the equation, Diaz becomes the 41st highest average paid player in baseball at the time of his signing, 3rd-highest for the Mets (Scherzer, Lindor).
Things change quite a bit from a luxury tax perspective though. $26.5M of the base contract is deferred compensation, which drops the tax salary (CBT) to around $18.6M. With the Mets projected to soar past the $233M tax threshold this season, every little bit of savings helps.
The Cash Breakdown
Enter at your own risk here.
2023
Diaz will cash a $12M signing bonus right now plus $11.75M of his $17.25M base salary this season. The remaining $5.5M is deferred to 2033-2035.
2024
$11.75M in-season, $5.5M more 2035-2037.
2025
$12M in-season, $5.5M more 2037-2039
2026
$13.5M in-season, $5M more 2039-2041
2027
$14.5M in-season, $5M more 2041-2042
2028
$17.25M club option, or a $1M buyout
The Bells & Whistles
Player Opt-Out
Diaz will have the ability to opt-out of this contract after the 2025 season, or 3 years, $64M. He’ll be approaching 32 years old at this time, with a minimum 2 years, $38M remaining on the contract (plus a possible $17.25M club option). An awful lot has to go very well for an opt-out to be considered a likely path.
Trade Clause
Diaz gains a full no trade clause now through the 2025 league year. On November 1st, 2025, that converts to a 10-team no trade clause through the remainder of the contract.
Award Bonuses
Diaz can earn an additional $100,000 each time he’s tagged World Series MVP or Reliever of the Year. Another $50,000 for each All-Star, Gold Glove or LCS MVP selection. And $50,000 for a Cy Young award ($25,000 for 2nd, $10,000 for 3rd).
CATEGORIES
- NBA 103
- NFL 71
- GOLF 47
- MLB 24
- NWSL 19
AUTHORS
- Michael Ginnitti NFL, MLB
- Keith Smith NBA
- Scott Allen Contributor
- Taylor Vincent NWSL
![](https://d1dglpr230r57l.cloudfront.net/images/crop/4355_USATSI_22065964_168390303_lowres.jpg)
2024 NBA Offseason Financials: Oklahoma City Thunder
Breaking down the upcoming offseason for each 2024-25 NBA team, including cap space figures, free agents, extension candidates, draft pick scenarios, & thoughts on potential trades, exceptions & plenty more.
![](https://d1dglpr230r57l.cloudfront.net/images/crop/4354_USATSI_22317843_168390303_lowres.jpg)
Breaking Down Trevor Lawrence's Jaguars Extension
Breaking down the facts, figures, & rankings for Trevor Lawrence's 5 year, $275M contract extension in Jacksonville that includes $200M practically guaranteed through 2028.
![](https://d1dglpr230r57l.cloudfront.net/images/crop/4352_USATSI_23335482_168390303_lowres.jpg)
Roundup: NWSL Teams Limiting Exposure to Free Agency
Taking a look at how NWSL teams have limited their exposure to the free agency window.
![](https://d1dglpr230r57l.cloudfront.net/images/crop/4348_USATSI_19206558_168390303_lowres.jpg)
NFL Free Agency's Top, Value, & Best Available
The 2024 NFL offseason is now three months old, prompting Spotrac to reflect on the top free agent signings at each position, a newly signed player who may hold significant value for the upcoming season, and a few notable players still available on the open market through the middle of June.
![](https://d1dglpr230r57l.cloudfront.net/images/crop/4347_USATSI_23078709_168390303_lowres.jpg)
2024 NBA Free Agents: Top 50
Breaking down and ranking the Top 50 2024 NBA free agents.
TRENDING PLAYERS
- 1 LeBron James (PF, LAL)
- 2 Trevor Lawrence (QB, JAX)
- 3 Terrell Lewis (OLB, PHI)
- 4 Cody Ford (G, CIN)
- 5 Isaiah Buggs (DE, KC)
TRENDING PAGES
- 1 NBA Free Agents
- 2 NFL Transactions
- 3 NFL Free Agents
- 4 MLB Transactions
- 5 MLB Free Agents