The New York Mets have been busy this offseason.
While they ultimately failed to retain right-hander and two-time Cy Young Jacob deGrom, the team has managed to make some big moves, signing pitchers Justin Verlander, Jose Quintana, and Kodai Senga, and re-signing outfielder Brandon Nimmo.
In total, the Mets have $360 million committed to those four stars.
That brings their total payroll up to $421 million with the current luxury tax penalties.
Their current competitive balance tax payroll now sits at roughly $345 million.
New York has simply been piling on the money, with Owner Steve Cohen not being afraid to spend big to improve the Mets chances at a World Series title in 2023.
Since Jacob deGrom signed, Mets have guaranteed almost $360 million to Brandon Nimmo, Justin Verlander, Kodai Senga, Jose Quintana and David Robertson. CBT payroll is ~$345 million. With penalties, current payroll: $421 million. First on the Senga news tonight was @martinonyc.
— Jeff Passan (@JeffPassan) December 11, 2022
Mets Spending A Fortune
The Mets have a lot of money committed to the four stars they recently signed.
Needless to say, the team is shattering MLB payroll ceilings.
Fortunately, Cohen can afford to spend the money and enhance the Mets roster by adding more talent.
But with the CBT penalties, it’s possible that the Mets could run into a little bit of trouble.
Still, if there’s one thing everybody knows about Cohen, it’s that he won’t ever try to be cheap, but rather spend as much money as possible in order to put New York in position to contend for a World Series title.
The Mets won 101 games during the regular season, but were forced to settle for a Wild Card after a late-season swoon dropped them behind the Atlanta Braves in the NL East.
With Cohen’s latest moves, the Mets look ready to bounce back in 2023.