Dollar Store Dave Strikes Again

I won't mince words here. Losing Edwin Diaz to the Dodgers was an epic failure for David Stearns and the Mets organization. And the way it went down will sting for a very long time. 

To sum up, here's what happened. After the season ended, Diaz opted out of his contract that still had two years remaining with an AAV of $20.4 million. Stearns offered him a three-year deal with an AAV of $22 million. So, basically, the Mets offered inarguably their best pitcher, and arguably their third best player, a pay increase of $1.6 million. They then told his agent to "circle back" to them in the event another team came to the table with a higher offer.

For those not familiar with the art of negotiating, Stearns broke every rule in the book. First, he knew Diaz was not happy with his contract, hence the opting out; second, his offer of a $1.6 million raise was an insult to his closer; and third, he added insult to that injury by actually having the nerve to tell his agent to "circle back" to him if he received a higher offer. In other words, Stearns could've offered more and he chose not to. 

Don't blame Diaz for this. He went with the higher offer. Free agents do that all the time. And don't blame the Dodgers. What were they supposed to do, not sign him? The blame here lies squarely with Stearns. 

I spent 25 years in sales, 13 of them in retail. It is an axiom among people in my profession that you never allow the customer to walk without making your best offer. And above all else you never say "if you find a better price bring it back to me." You might as well kiss that customer goodbye. My managers would always chide me whenever I got pissed that I lost a sale. "Don't blame the customer," they would say. "It's your fault for not closing them."

They were right.

If Stearns could've offered more, he should've done so before the Dodgers got into the act. Going cheap the way he did made it that much easier for them to swoop in and sign him. And as far as "circling back," let's get something straight: there is no obligation on the part of a player agent to give the home team the last shot. Juan Soto was a special case. Scott Boras knew he had a bidding war between three teams; two of which were the Yankees and Mets. It was in his client's best interest to drag the process out as long as possible. Most teams know, or at least are told, that they need to make their best offer up front. The irony in this fiasco is that after the season Stearns said his primary focus would be "run prevention." Well he just let his number one run preventer leave.

My fear is that this isn't a one-off. I'm not a betting man, but I wouldn't be at all surprised if Pete Alonso is wearing a Red Sox uniform next year. The Mets were lucky last offseason. Alonso had an off year in 2024. That gave them the leverage they needed to re-sign him to a team-friendly deal. However he rebounded very nicely in '25 to have one of his best seasons as a Met. You can bet the ranch Boras will find a team that will be willing to meet his demands; whether that's Boston or Baltimore - the other team rumored to be interested in signing Pete.

And if Alonso leaves, you can flush next season down the drain. I'm serious. Who do you think provided Soto all that protection in the lineup? How many more times would he have been intentionally walked without the Polar Bear batting behind him? Even with Alonso, the Mets were a top heavy team. Without him, they'd be the fucking S.S. Poseidon on New Year's Eve. [If you don't know the reference there, you're too young.]

Why would a team owned by Steve Cohen, a billionaire 23 times over, be so penny wise and dollar foolish? I think the below chart might offer an explanation. 

Several things stand out. 1. Only the Dodgers had a larger payroll going into 2025 than the Mets; 2. the Mets made $444 million in revenue in '24, $308 million less than the Dodgers; and 3. they spent 90 percent of that revenue on salaries plus luxury tax, by far the largest percentage of any team in the majors. And that includes the $61 million Soto is getting.

I have no way of proving it, but I think Cohen didn't expect to win the Soto sweepstakes. The prevailing sentiment was that if the offers were close, he would return to the Bronx. Indeed, the Mets bid was only $5 million more than the Yanks. As elated as the fanbase was at the time, in retrospect, Stearns could've used that money to beef up a pitching staff, which as we know all too well, was terrible last season. While the Yankees used the savings to sign Max Fried, who went 19-5 with an ERA of 2.86, the Mets went with a rotation of Moe, Larry, Curly and Shemp.

It's entirely possible that Stearns has been told by Cohen to trim payroll wherever possible and seek out more team-friendly contracts. That was his specialty when he was with the Milwaukee Brewers. While the Dodgers are putting together a package to land Tarik Skubal, the Flushing Faithful may have to be satisfied with getting Devin Williams.

I hope I'm wrong; I hope Pete re-signs with the Mets and they get a big-name starter. I'm just not getting my hopes up. 39 years of frustration can make a cynic out of even the Pope.

And he's a White Sox fan. 

Memo To Steve Cohen: Pay the Polar Bear!

Much has been written about the great start the New York Mets have gotten off to. At 39-23, they have the best record in the National League, and the second best record in the Majors. Their team ERA of 2.83 is the best in baseball; followed by the San Francisco Giants at 3.06 and the Texas Rangers at 3.17. The LA Dodgers, last year's World Series champs, are currently 20th with a 4.12 team ERA.

Much of the credit for the pitching goes to David Sterns, who without one of his best starters from last year in Sean Manaea, has assembled one of the best and deepest staffs in baseball. Seriously, if you had the Mets with the number one team ERA after 62 games, I want to see the receipts, and then I've got a cup for you to pee in. Nobody saw this coming.

But as great as the pitching has been, the Mets wouldn't be where they are in the standings without the exploits of one Pete Alonso, AKA the Polar Bear. Last night he smacked two home runs against the Dodgers; the latter a three-run shot that traveled 447 feet into the left-field pavilion. Overall, Alonso was responsible for five of the six runs the Mets scored in the game.

This is not the first time he has carried his team across the threshold. Apart from a slump in May where he went 65 at bats without hitting a home run, the Polar Bear has been the Mets most consistent offensive threat pretty much the entire season.

Just look at his slash line so far this season: 

Avg: .290, HRs: 14, RBIs: 53, OBP: .386, SLG: .563, OPS: .949.

Alonso is on track to finish the season with 37 homers and 138 runs batted in. What's been most impressive about Pete is that he's hitting to all fields and avoiding swinging at bad pitches; something he did quite frequently the last two seasons. On a team that is hitting an anemic .219 with runners in scoring position - fourth worst in the Majors - Alonso's RISP average is .349. 

And to think, the Polar Bear almost didn't re-sign with the Mets. Alonso's agent Scott Boras was looking for a long-term deal in excess of $200 million. But Steve Cohen and Stearns played hardball and wouldn't budge. Finally, both sides agreed on a two-year deal for $54 million with an opt out after this season. Based on what Alonso has done so far this season, I'd say the odds of Pete opting out are somewhere between 100 percent and Are you fucking kidding me?

Which brings me to the title of my piece. Last offseason, Cohen had all the leverage. Alonso was coming off inarguably the worst season of his career: 34 HRs, 88 RBIs, and an OPS of just .788. Boras badly overplayed his hand. He thought there would be significant demand for Alonso's services. Turns out there wasn't and Cohen knew it.

That won't be the case this offseason, not with the year Alonso is having. Boras's cell phone will be ringing off the hook come November. You can just imagine what the offers will look like. Think seven years, $300 million. And that's just for starters. In case you misplaced your calculator, that comes out to $42.8 million per year. 

If you think that's crazy, consider that the Mets are paying Juan Soto $51 million per year and he's batting .232 with 11 HRs and 31 RBIs. Which is crazier, Alonso at $42.8m or Soto at $51m?

If Cohen is smart - and by all indications he is - he will get his checkbook out now rather than wait for the fall. The longer this goes on, the more it'll cost him. Boras is not one to forgive and forget. He knows once Pete hits the free agent market he will be in the driver's seat. Maybe he can get a home-team discount; say $20 million. Alonso may prefer to stay in Flushing, but let's face it: with an agent like Boras, if someone makes him an offer he can't refuse, it'll be adios for the Polar Bear.

And that's why Cohen cannot let that happen. As of this writing, Alonso is only two home runs shy of David Wright for second place on the Mets all-time home run list, twelve behind Darryl Strawberry for first. Barring injury, he should pass Strawberry sometime in late July or early August. You don't let guys like that walk, especially when they're literally the only ones producing in the clutch for you. 

Don't get me wrong: Francisco Lindor is having a great year, and sooner or later, Soto will get untracked. But this team would barely be above .500 if Alonso weren't in the lineup. His teammates know it, he knows it, and most of all, his agent knows it.

Like that Fram Oil commercial from the '70s used to say, "You can pay me now or you can pay me later."

Pay him now, Steve!

Time Was Always on the Mets Side

Well, it's finally done. The Polar Bear is coming back to Queens. After several months of intense negotiations, in which Steve Cohen verbally expressed his frustrations, Pete Alonso and his agent Scott Boras cried uncle.

To be clear, time was always on the Mets side. Boras thought he had a winning hand. He thought if he could just hold out a little longer, he would get Cohen to give in. As it turns out, though, Cohen and his GM David Stearns knew the market better than he did. So they gave Alonso two choices: a three-year deal for $71 million with no opt outs or a two-year deal for $54 million with an opt out after 2025. Alonso chose the latter. Which means we'll probably be back here again a year from now. But that's next year. 

Forget all that nonsense about those "offers" from the Los Angeles Angels and the Toronto Blue Jays. The Angels are where ball players go to die. Think about it: they had Mike Trout and Shohei Ohtani in 2023 and still managed to win only 73 games. Can you imagine Pete playing for them? Honestly, that was an easy bluff for Cohen to call. 

As for the Blue Jays, Toronto has been, and always will be, a hockey town. They live and die with their Maple Leafs. Seriously, Alonso could win the Triple Crown and all anyone would care about was whether Auston Matthews was going to lead the NHL in goals. Why do you think Vladimir Guerrero Jr gave the Jays a deadline of February 17 to present an acceptable long-term contract offer? He wants to be there as much as a nun wants to be at a frat party. 

Indeed, the silver lining in all this is that by giving Pete $30 million up front, it gives the Mets an excuse to pivot to Guerrero Jr should he decide to play hardball with them after the season. Ya gotta love the way Cohen operates.

So now that the Mets finally have their lineup in place for this coming season, the only question is who bats behind Francisco Lindor: Alonso or Juan Soto? Either way, this will be the most potent offense the Amazins have had since that 2006-08 team, which had Carlos Beltran, Carlos Delgado and David Wright. To paraphrase Mr. T., "I pity the fool who has to pitch to that lineup."

After the Soto signing, I thought the Mets were good, but not quite good enough to beat out the Philadelphia Phillies or Atlanta Braves for the NL East. With Alonso back, and with the improvements Stearns has made to the bullpen, this might be the second best team in all of baseball.

The Flushing Faithful have waited a long time for this moment. It's finally here.

Cohen and Stearns Are Taking a Huge Risk

"The hard part about playing chicken is knowing when to flinch." 

- The Hunt for Red October

If the reports we're hearing are to be believed, the New York Mets have decided they're not going to flinch at all. Their "final" offer of three years, $70 million to Pete Alonso was rejected by his agent, Scott Boras. They have now pivoted to Plan B. Part One of Plan B was the re-signing of Jesse Winker yesterday to a one year, $7.5 million contract. Winker hit .253 with 14 home runs and 58 RBIs last season. He will platoon for the DH spot with Starling Marte. The second part of Plan B is addressing the bullpen. With the signing of A. J. Minter to a two-year, $22 million contract, pending a physical, they appear to have done that. Minter was 5-4 with one save and a 2.62 ERA. He should make an ideal set up man for Edwin Diaz. 

Look, do I think Boras overplayed his hand here? Without question. He gambled that the demand for Alonso would be so great that the Mets would have no choice but to acquiesce to his demands. Obviously that didn't happen. And now with pitchers and catchers only a few weeks away, Alonso appears to be on a desert island with few, if any suitors.

That's not the Mets fault. It's not their responsibility to manage the financial affairs of one of their own free agents, even if he is an overall good guy who's popular with his fellow teammates. And it's not the obligation of Steve Cohen to overpay for an asset that the market has already determined isn't as valuable as the player's agent thinks it is. How do you think Cohen got to be so rich in the first place?

But that doesn't mean that Cohen and his GM David Stearns aren't taking a huge risk here. Let's face it, while Juan Soto is a much better hitter than Alonso, without the Polar Bear in this lineup, the Mets are ostensibly repeating the same mistake the Yankees made last season when Soto and Aaron Judge were the primary run producers on the team. That worked out so well that Soto couldn't wait to get the hell out of the Bronx.

Mark Vientos had an outstanding 2024 season. In his first full year in the majors, he batted .266 with 27 HRs and 71 RBIs playing third base for the Mets. There's no guarantee he'll be as productive in his second full year; there's also no guarantee he'll be able to make the transition to first base. Alonso may have had his shortcomings but he was a good first baseman who could be counted on to hit 40 plus home runs per season. Even in a down year, he still managed to hit 35 dingers. His production will be missed.

Maybe all this is just a ploy to get Alonso to reconsider. Get him to realize that the ship is leaving port with or without him, and maybe he'll come to his senses. With Boras as his agent that isn't likely to happen. The only thing old Scott thinks about is his wallet. If he could get $500 million for Alonso to play on the moon he'd do it in a heart beat. That's the problem with choosing agents like Boras. They never consider the interests of their clients; only their own bottom line.

Then there's the rumor - and let's be polite and call it a rumor - that Stearns is pursuing a trade for Vladimir Guerrero, Jr from the Toronto Blue Jays. The 26 year old first baseman batted .323 with 30 home runs and 103 RBIs. He signed a one-year, $28.5 million deal to avoid arbitration. Forget for a moment that any team looking to land him would pay a king's ransom in prospects, he's a pending free agent after this season. And while he probably won't command the same money Soto did, he's not going to be cheap. Think $500 million over 12 years. And keep in mind, before Soto hit the market, I thought his contract would come in around $600 million. I was off by $165 million. To paraphrase Bill Murray in Ghost Busters, "No salary is too high" when it comes to baseball.

For now, this is the Mets projected lineup for the 2025 season:

Francisco Lindor - SS
Soto - RF
Vientos - 1B
Brandon Nimmo - LF
Winker / Marte - DH
Jeff McNeil / Luisangel Acuna - 2B
Francisco Alvarez - C
Tyrone Taylor / Jose Siri - CF
Brett Baty - 3B

Not bad, but hardly the 1927 Yankees. And if the starting rotation doesn't pan out, or if Soto struggles in his first season with the team just like Lindor did in his first season, the Mets will have a tough time competing for a Wild Card spot, much less the division.

Far be it for me to tell Steve Cohen how to spend his money, but I think he should reconsider his offer to Alonso. Maybe Pete isn't worth what he's asking for, but let's be honest, was Soto really worth $765 million? You and I both know the answer to that. If Boras rejected $70 million over three years, try upping the ante to, say, $90 million over three, with an opt out after the first year. We're talking about a home grown player who's third in team history with 226 home runs. That has to count for something, even in these cut throat times.

Bottom line, the Mets lineup is stronger with Alonso hitting behind Soto than Vientos. Cohen knows it, Stearns knows it, Boras knows it, Carlos Mendoza knows it, and Pete knows it.

Re-sign the Polar Bear. It's the right thing to do.

It's Time for Alonso to Put Up or Shut Up

After getting off to a 4-3 start on this road trip, that would've been 6-1 had the bullpen not blown two saves, the New York Mets find themselves three games behind the Atlanta Braves for the third and final wild card spot in the National League. They're in Chicago to play three games against the White Sox before returning home to CitiField to play three against the Boston Red Sox and three against the Cincinnati Reds. Having dropped two out of three to the Oakland A's in their last home stand, the Amazins cannot afford to take the Chi-Sox lightly. Anything other than a sweep would be unconscionable. Suffice to say, the season is hanging in the balance.

Also hanging in the balance is Pete Alonso's career with the Mets. The slugging first baseman is a free agent after the season and his agent, Scott Boras, is said to be looking to ink him to a multi-year contract in the neighborhood of $300 million. But whether Steve Cohen believes Alonso is worth that much, especially with Juan Soto expected to hit free agency, remains to be seen.

To be sure, Alonso is the best home run hitter the franchise has produced since David Wright - whose career was cut short by spinal stenosis. Letting him walk would be a tough decision. But overpaying him would be a mistake. The fact is that since his rookie season in 2019, in which he led the majors with 53 homers, he has failed to live up to his enormous potential. While he is still a potent home run threat every time he steps up to the plate, he is still vulnerable to the high fast ball and curve ball low and away. In 2023, he batted a career low .217. Yesterday, he hit just his 29th home run of the season, which would put him on pace for 35 for the year. For a man with that much power, that is a woefully low number. By comparison, Soto already has 37 and is hitting 40 points higher with a 1.012 OPS. Who would you rather have in your lineup, Alonso or Soto?

Granted, Soto will command considerably more money. But he's four years younger than Alonso and is a better all-around player. He's also represented by Boras, so figure the bidding will start at $500 million over 10 years and could go as high as $600 million over 10. Given that Cohen was all in on Shohei Ohtani before he signed with the LA Dodgers, I can't imagine he'd pass up a shot at landing arguably the second best outfielder in baseball. The first just happens to be Aaron Judge, who compared to what Soto will command this offseason, is the steal of the century at $360 million over 9 years.

But all that could change if Alonso were to have a great September. He is certainly capable of going on a hot streak. If he were to hit 11 more home runs, he'd finish with his third consecutive 40 plus HR season. That would increase his markability, but it would also give Cohen an excuse to pass on Soto and re-signing Alonso, especially if Boras overplays his hand, like he did with Jordan Montgomery.

It's all on Alonso. He is in control of his own destiny. I'm sure Cohen, if given a choice, would prefer to re-sign one of his own over a much more expensive import. And for his part, Alonso has expressed a desire to retire as a Met. But Cohen is, first and foremost, a businessman; a very successful businessman. If he feels the better investment over the long haul is Soto, Pete's days in Queens are numbered.

There are 28 games left in the regular season for the Mets. Time for the Polar Bear to put up or shut up.

The Skinny on Carlos Correa

"We were unable to reach an agreement. We wish Carlos all the best."

Well, it was nice while it lasted. 

Just over two and a half weeks after the New York Mets announced they had signed Carlos Correa to a 12 year, $315 million deal, and roughly two weeks after it was learned they had issues with his medicals, the Minnesota Twins swooped in and signed him to a 6 year, $200 million deal.

The Mets are now the second team to express concerns over the long-term durability of Correa. Only days before the Mets announced their deal, the San Francisco Giants walked away from a 13 year, $350 million deal.

Let's get one thing straight. The idea that Steve Cohen got outbid by the Twins is absurd. If you look at the offer the Mets made, they were willing to guarantee the first six years, which comes to $157.5 million. Assuming Correa passed his yearly physicals, which would've commenced in year seven, they were willing to guarantee the remaining six years for another $157.5 million. The Twins offer was $200 million over six years, with another $70 million spread out over four years, again based on him passing yearly physicals.

The difference comes out to $45 million. So basically, Correa took less term and less overall money to get more upfront money, which tells you both he and his agent Scott Boras knew that his surgically repaired ankle might not hold up the entire 12 years. Why else would they leave that much money on the table?

So why wouldn't Cohen just swallow hard and match the Twins offer? Why should he? Think about it. His overall offer was higher. All Correa had to do was submit to yearly physicals in years seven thru twelve to get his money. The fact that he balked tells you everything you need to know. If there was no problem with the ankle, then there shouldn't have been any problem taking the Mets offer.

But let's for the moment give Correa the benefit of the doubt. Let's say that he felt indignant about having to subject himself to yearly physicals and decided to grab the more lucrative upfront offer. $42.5 million over six years is a shit load of money. Properly invested, it could set Correa up for life, even if he never plays another inning after the six years are up.

If that was Boras's thinking, however, it was pretty short sighted, in my opinion. The fact is even with Correa in their lineup, the Twins went 78-84. Without Correa in their lineup, the Mets went 101-61 and made the playoffs. With Cohen willing to spend whatever it takes to win, Correa would've been far better off playing in New York than in Minnesota. Not to mention Correa could have made up the difference in salary over the six years in endorsements alone.

This is the problem I have with agents. It's all about the almighty buck with them. They seldom consider a player's career when deciding which team to go with. Mike Trout is a case in point. In 2019, Trout's agent, Craig Landis, negotiated a ten year $426 million deal with the Los Angeles Angels. At the time, it was the largest contract awarded to a professional athlete. Here's the problem. The Angels are one of the worst teams in baseball. They have not had a winning season since 2015, and last year finished third in the A.L. West with a 73-89 record. Imagine what a player like Trout (.283, 40, 80) could do on a contender.

As for the Mets, they will now have to look elsewhere for that "one more hitter" to put them over the top. It won't be easy. Some names that have surfaced are Trey Mancini, Adam Duvall and Andrew McCutchen. While all three are free agents and could be signed for considerably less than Correa, none had the kind of year Correa did in 2022. Mancini, in particular, had a disappointing postseason for the Houston Astros.

Then there's Shohei Ohtani. The Angels DH / pitcher will be a free agent next season and Cohen is one of the few owners capable of signing him to a long-term contract. As I wrote last September, Ohtani would instantly become the Mets best player. Even if it meant gutting the farm system, Billy Eppler should do it. Players like him do not grow on trees.

But that's 2024. The Mets still need another bat for the 2023 season. Even with all the money Cohen has committed to this team, they still have basically the same lineup as last year. And that was good enough for second place in the N.L. East and a first round exit in the playoffs. The Phillies are a better team and the Braves are, well, the Braves. 

Translation: the postseason is not a given.