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Mets Face Fight to Keep Edwin Díaz as Yankees Emerge in Bidding for Elite Closer

Rival projections range from roughly $60 million to $82 million as teams line up for the All-Star closer.

Overview

  • The Mets issued a $22.025 million qualifying offer, with Díaz’s decision due Nov. 18, and he is widely expected to decline, which would net the club draft-pick compensation if he signs elsewhere.
  • Multiple reports identify the Yankees as a leading suitor given bullpen uncertainty and a need for a long-term late-inning anchor, with the Padres and Rangers also linked.
  • Free-agent forecasts diverge, from ESPN’s estimate near four years and $60 million to MLBTradeRumors’ projection of four years and $82 million.
  • MLB Network’s Joel Sherman contends Díaz is more likely to return to the Mets than Pete Alonso, reflecting the front office’s emphasis on run prevention.
  • Díaz reinforced his marquee value with a 1.63 ERA in 2025 and a third All-Star nod, positioning him as the top reliever on the market.