Francisco Lindor announced a $341 million Mets contract, the biggest MLB deals of all time | Launderer’s report

Lynne Sladky/Associated Press

New York Mets shortstop Francisco Lindor agreed to a 10-year, $341 million contract extension with the team on Wednesday night, per Jeff Passan from ESPN.

It’s a huge deal with an average annual value of $34.1 million, although Joel Sherman from New York Post said it included about $50 million in deferrals. He added that the agreement is should include a $21 million signing bonus and a partial non-exchange clausealthough it would seem not included any opt-out clauses.

Either way, it’s the third-highest total amount on a contract in MLB history and the second-highest AAV:

  • 1. Mike Trout, Los Angeles Angels: 12 years, $426.5 million ($35.5 million VAA)
  • 2. Mookie Betts, Los Angeles Dodgers: 12 years, $365 million (30.4 million VAA)
  • 3. Francisco Lindor, New York Mets: 10 years, $341 million (34.1 million AAV)
  • 4. Fernando Tatis Jr., San Diego Padres: 14, $340 million ($24.2 million AAV)
  • 5. Bryce Harper, Philadelphia Phillies: 13, $330 million ($25.3 million AAV)

With Lindor out of the market, next offseason’s class of free agents will be highlighted by shortstops Javier Baez, Carlos Correa, Corey Seager and Trevor Story, starting now. It’s a pretty packed class and four guys who probably aren’t mad at the market price Lindor just set for the shortstop position.

Shortstop aside, all eyes will be on rising Washington Nationals superstar Juan Soto to see if he signs a long-term extension, like Tatis, or waits until he’s eligible. to hit free agency to maximize his market. He still has three years of refereeing left after the 2021 season.

It’s no shock to see Lindor and the Mets agree to a huge extension. Lindor is a four-time All-Star, two-time Gold Glover and one of the best offensive weapons at a position where defense has traditionally come first. If he didn’t get a huge extension with the Mets, he was going to break the bank in free agency next year.

That provided Lindor with some leverage, especially after the Mets traded Andres Gimenez, Amed Rosario, Josh Wolf and Isaiah Greene for him and pitcher Carlos Carrasco. Giving up young prospects, only to see Lindor walk in a year, would have been a painful outcome for the Mets.

Instead, Lindor is now under contract with the Mets for the next 11 years (the extension goes into effect for the 2022 season). Barring a trade on the line, the 27-year-old Lindor could very well end his career with the team and be paid very well in the process.

Neal T. Doss