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34m ago

Dodgers Land Edwin Díaz on Three-Year, $69 Million Deal

The deal establishes a reliever AAV record after Los Angeles outbid New York.

NEW YORK, NEW YORK - MAY 5: Robert Suarez #75 of the San Diego Padres pitches in the ninth inning during the game against the New York Yankees at Yankee Stadium on May 5, 2025 in New York, New York. (Photo by Matt Thomas/San Diego Padres/Getty Images)
BOSTON, MASSACHUSETTS - SEPTEMBER 12: Devin Williams #38 of the New York Yankees reacts after the final out of the eighth inning of the game against the Boston Red Sox at Fenway Park on September 12, 2025 in Boston, Massachusetts. (Photo by Brian Fluharty/Getty Images)
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Overview

  • Multiple outlets report Díaz has agreed to join Los Angeles on a three-year, $69 million contract that is expected to be finalized.
  • The Mets’ offer was three years at $66 million with modest deferrals, according to reporters, but the Dodgers’ bid won out.
  • By declining the Mets’ $22.025 million qualifying offer, Díaz triggered draft-pick compensation for New York and corresponding penalties for Los Angeles.
  • Díaz, 31, is coming off a 1.63 ERA with 28 saves in 2025, and his addition addresses a Dodgers bullpen that struggled to close games last season.
  • Mets president David Stearns said the club is very comfortable with Devin Williams as closer after signing him earlier this offseason to a three-year, $51 million deal.