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Mets Extend $22.05 Million Qualifying Offer to Closer Edwin Díaz

The All-Star is expected to test free agency with projections topping $50 million over three to four years.

Overview

  • New York extended the one-year, $22.05 million qualifying offer, which Díaz must accept or reject by Nov. 18 at 4 p.m. EST.
  • The closer became a free agent after opting out of the final two years of his Mets deal.
  • League reporting indicates he is likely to decline and pursue a multi-year contract, with one projection at four years and $60 million.
  • Because the Mets are over the luxury-tax threshold, a departure would net them a compensatory draft pick projected around the 130–140 range.
  • Díaz is coming off a 2025 season with a 1.63 ERA in 62 appearances, though evaluators note a continued dip in fastball velocity.