Forum Home

Master Index of Archived Threads


Sound the Trumpets, Edwin Diaz Is Still A Met!

bmfc1
Nov 06 2022 02:44 PM

[TWEET]https://twitter.com/JeffPassan/status/1589372831900508161[/TWEET]

TransMonk
Nov 06 2022 02:57 PM
Re: Sound the Trumpets, Edwin Diaz Is Still A Met!

5 years seems long to me.

kcmets
Nov 06 2022 03:02 PM
Re: Sound the Trumpets, Edwin Diaz Is Still A Met!

Five years is long, but a big deal marked off the big list just by writing

a check and signing on the dotted line. No coupons needed nowadays!!

Frayed Knot
Nov 06 2022 03:23 PM
Re: Sound the Trumpets, Edwin Diaz Is Still A Met!

=TransMonk post_id=112463 time=1667771831 user_id=71]
5 years seems long to me.



Still just 28 y/o (29 in March so this ends with him at 33) with no real injury history and every season of his career except that first NYC year has been good to outstanding.



So, long? ... Maybe for a reliever, but he seems like a good one to bet on.

Johnny Lunchbucket
Nov 06 2022 03:37 PM
Re: Sound the Trumpets, Edwin Diaz Is Still A Met!

Raise your hand if you figured he'd get 7 or 10.

Frayed Knot
Nov 06 2022 03:53 PM
Re: Sound the Trumpets, Edwin Diaz Is Still A Met!

Perhaps HE didn't want 7 - 10, sticking to 5 to leave himself at the best age to be for his next/last FA contract.

nymr83
Nov 06 2022 04:02 PM
Re: Sound the Trumpets, Edwin Diaz Is Still A Met!

Wow. You have to think that the closer wouldnt be getting that deal first out of the gate if the plan was anything other than "we won't let money get in the way of winning."



Welcome to the new Mets reality. I like it here.

The Hot Corner
Nov 06 2022 04:15 PM
Re: Sound the Trumpets, Edwin Diaz Is Still A Met!

Very good start to what should be a very busy off-season. Glad to see Diaz remaining with the Mets.

kcmets
Nov 06 2022 04:30 PM
Re: Sound the Trumpets, Edwin Diaz Is Still A Met!

[YOUTUBE]8BYSp2pzP0Y[/YOUTUBE]

metsmarathon
Nov 06 2022 04:43 PM
Re: Sound the Trumpets, Edwin Diaz Is Still A Met!

i am absolutely ok with this, and surprised it wasn't for more.



without looking too deeply into the closer salaries league-wide, i would have thought he could have gotten much more, although maybe not for as long. either way, i don't got no quibbles, and look forward to many more trumpetings.

Fman99
Nov 06 2022 04:44 PM
Re: Sound the Trumpets, Edwin Diaz Is Still A Met!

Love it

metsmarathon
Nov 06 2022 04:46 PM
Re: Sound the Trumpets, Edwin Diaz Is Still A Met!

i checked. chapman's was about a 17x6, so edwin got himself a record contract. i'm still ok with it. did a little happy dance when i first saw it come through.

whippoorwill
Nov 06 2022 04:46 PM
Re: Sound the Trumpets, Edwin Diaz Is Still A Met!

Yay but can he be traded if he goes back to sucking?

TransMonk
Nov 06 2022 06:22 PM
Re: Sound the Trumpets, Edwin Diaz Is Still A Met!

This means he's likely to become the longest tenured closer in Mets history.

batmagadanleadoff
Nov 06 2022 06:36 PM
Re: Sound the Trumpets, Edwin Diaz Is Still A Met!

The flip side.



Keith Law, writing for The Athletic, is down on the Diaz deal.


Díaz's season was incredible, but relievers who do this just don't repeat it. The three players who had lower FIPs than Díaz did all saw theirs go up by over a full run the next year. Eric Gagné never came close to that level of dominance again. Aroldis Chapman was still elite, just not as much as so in his peak season, for the next two years and then dropped to merely above-average. The third, Craig Kimbrel, did it one more time, five years later, and then headed over the cliff.



The list of the best relief seasons of this century is full of good pitchers who had their best years and never matched it, as well as some flash-in-the-pan types. Almost nobody has held something close to this kind of performance for more than three consecutive years. Even those who got to three straight years did so before free agency.



[***]



That Rivera deal is the only four- or five-year contract given to a reliever who produced at least 10 WAR over the course of the deal. One out of 19, and it belongs to the greatest short reliever the game has ever seen. Do you feel lucky? I sure don't.



[***]



I suppose everyone wants to believe that this time will be different. I just don't think thumbing your nose at history is good business. The base rate for relievers is that they don't last — when viewed over four-year periods, they either get hurt, lose effectiveness or both. As much as I enjoy watching Díaz pitch, I don't see any reason to believe he's the exception to one of the clearest base rates we have in our sport. Relievers should be paid more at their peaks, but deals of four-plus years for free agent relievers are the riskiest investment we have.


https://theathletic.com/3769280/2022/11/06/keith-law-mets-edwin-diaz-deal/

Lefty Specialist
Nov 06 2022 06:54 PM
Re: Sound the Trumpets, Edwin Diaz Is Still A Met!

It's Uncle Steve's money. Is Diaz worth 5/102? No, especially not the length. But he was absolutely the #1 priority to get signed this offseason.



Will he be worth it in 2027? Probably not, but that's a problem for then.

roger_that
Nov 06 2022 07:19 PM
Re: Sound the Trumpets, Edwin Diaz Is Still A Met!

The logic here, seems to me, is that if Diaz falls from his lofty perch as an ace reliever, he'll still be a decent middle reliever. Overpaid absurdly, true, but if he proves ineffective in his closer role, I have to believe that Buck, or his replacement, will feel zero pressure from above to keep putting him out there in the 9th.



This was the problem with the Wilpons. I feel that their agenda was "We paid a zillion dollars for this guy to be a star [whatever] so don't give up on him too fast," which really isn't a baseball decision.



They're not going to be sending a 5.00 ERA guy out there to close games, whatever it costs Cohen.

Edgy MD
Nov 06 2022 07:31 PM
Re: Sound the Trumpets, Edwin Diaz Is Still A Met!

I'm not sure how relievers are a worse bet to repeat success than starters.



He, of course, doesn't need to repeat his 2022 every season to be a leading asset for a winning team.

kcmets
Nov 06 2022 07:50 PM
Re: Sound the Trumpets, Edwin Diaz Is Still A Met!

It's a good move. Environmentally sound signing.



Shows they mean business.... bbbyyy,,,,



#lgm #ygb #ymdyf

nymr83
Nov 06 2022 09:07 PM
Re: Sound the Trumpets, Edwin Diaz Is Still A Met!


The flip side.



Keith Law, writing for The Athletic, is down on the Diaz deal.






I read Keith earlier. The entire premise of his article rests on the idea that each player has a value above which a deal is "bad". This may be the case for the Pirates. It may even be the case for top spenders with limits like the Rangers.



But the analysis completely falls apart if your view of the underlying economics of the Mets is different: Steve Cohen has more money than most owners and doesn't mind throwing it around. The cost to the Mets in prospect capital, draft capital, and other talent is zero. The cost in "Cohen Bucks" is irrelevant.

ashie62
Nov 07 2022 05:56 AM
Re: Sound the Trumpets, Edwin Diaz Is Still A Met!

Nothing but good for The Mets and their fans

metsmarathon
Nov 07 2022 06:19 AM
Re: Sound the Trumpets, Edwin Diaz Is Still A Met!

fangraphs pegs diaz' 2022 season as having a value of $23M. his 2021 was worth $16M.



so if he falls somewhere between the two for the duration of the contract, he's worth it.



and more importantly, this massively solidifies our bullpen for next year. yeah, there's a fuckton of other spots to fill out there, but it looks a hell of a lot better with not needing to also replace HIM.

smg58
Nov 07 2022 06:32 AM
Re: Sound the Trumpets, Edwin Diaz Is Still A Met!

I think it's fair to point out the risks. He was worth this deal in only one of the four years he's pitched with the Mets so far. And the number of closers who have been elite for many years without an injury or major hiccup is small.



But if the question is "Do I want him back next year?", the answer is yes.

Gwreck
Nov 07 2022 06:38 AM
Re: Sound the Trumpets, Edwin Diaz Is Still A Met!



The flip side.



Keith Law, writing for The Athletic, is down on the Diaz deal.






I read Keith earlier. The entire premise of his article rests on the idea that each player has a value above which a deal is "bad". This may be the case for the Pirates. It may even be the case for top spenders with limits like the Rangers.



But the analysis completely falls apart if your view of the underlying economics of the Mets is different: Steve Cohen has more money than most owners and doesn't mind throwing it around. The cost to the Mets in prospect capital, draft capital, and other talent is zero. The cost in "Cohen Bucks" is irrelevant.


The other key consideration to me is that the Mets don't have internal alternatives. Rebuilding a farm/player development system doesn't happen overnight. In 5 years, the farm might be developing great in-house relief options but it isn't right now, and retaining Diaz costs nothing but money.



If this Diaz deal somehow prevents the Mets from signing Nimmo, or deGrom, or Alonso to an extension, or whatever…then it might be a problem. But do we really think that's the case?

Edgy MD
Nov 07 2022 07:13 AM
Re: Sound the Trumpets, Edwin Diaz Is Still A Met!

So, when is this opt-out?

Gwreck
Nov 07 2022 07:14 AM
Re: Sound the Trumpets, Edwin Diaz Is Still A Met!

DiComo reported it is after the 2025 season.

Lefty Specialist
Nov 07 2022 07:18 AM
Re: Sound the Trumpets, Edwin Diaz Is Still A Met!

=Gwreck post_id=112500 time=1667828332 user_id=56]
The other key consideration to me is that the Mets don't have internal alternatives. Rebuilding a farm/player development system doesn't happen overnight. In 5 years, the farm might be developing great in-house relief options but it isn't right now, and retaining Diaz costs nothing but money.



If this Diaz deal somehow prevents the Mets from signing Nimmo, or deGrom, or Alonso to an extension, or whatever…then it might be a problem. But do we really think that's the case?



And that's the beuty of the Cohen era. This contract will not affect the other items on their to-do list.



I like that they signed him so fast. It sends a message that they're not screwing around.

roger_that
Nov 07 2022 07:40 AM
Re: Sound the Trumpets, Edwin Diaz Is Still A Met!

I read that Diaz can opt out after season three, so 2025.

Benjamin Grimm
Nov 07 2022 07:43 AM
Re: Sound the Trumpets, Edwin Diaz Is Still A Met!

It's after the third year, 2025. The Mets hold an option for a sixth year at $20 million.

duan
Nov 07 2022 09:09 AM
Re: Sound the Trumpets, Edwin Diaz Is Still A Met!

I think it's a fair deal.

He probably could have got a higher AAV on a 2 year deal somewhere else but he likes it here, he's got a good thing going and the 5 years with no trade and opt out is hard to beat.

From the mets point of view he's worth it for the next 2-3 years and sure who knows WTF the world will look like at 2025

nymr83
Nov 07 2022 10:14 AM
Re: Sound the Trumpets, Edwin Diaz Is Still A Met!




The flip side.



Keith Law, writing for The Athletic, is down on the Diaz deal.






I read Keith earlier. The entire premise of his article rests on the idea that each player has a value above which a deal is "bad". This may be the case for the Pirates. It may even be the case for top spenders with limits like the Rangers.



But the analysis completely falls apart if your view of the underlying economics of the Mets is different: Steve Cohen has more money than most owners and doesn't mind throwing it around. The cost to the Mets in prospect capital, draft capital, and other talent is zero. The cost in "Cohen Bucks" is irrelevant.


The other key consideration to me is that the Mets don't have internal alternatives. Rebuilding a farm/player development system doesn't happen overnight. In 5 years, the farm might be developing great in-house relief options but it isn't right now, and retaining Diaz costs nothing but money.



If this Diaz deal somehow prevents the Mets from signing Nimmo, or deGrom, or Alonso to an extension, or whatever…then it might be a problem. But do we really think that's the case?


Another (positive) consideration is that with relievers, there is really no concern of a contract "blocking" a roster spot. The downside to Cohen signing say Mark Canha to a 5 year deal isn't the money but the roster spot. Cohen might be willing to eat the money if Canha sucks, but what if he is an average player? they likely won't just jettison the money owed to an average player to sign a better one (as opposed to a BAD player who they view as a sunk cost). this isn't a concern if Diaz is merely average in year 3 of his contract, because the bullpen has 7-8 spots in it

Edgy MD
Nov 07 2022 10:43 AM
Re: Sound the Trumpets, Edwin Diaz Is Still A Met!

I like the team getting an option at the back end in exchange for the opt-out clause.



If the player is in a decent position to exercise the opt-out, the team can offer to guarantee the option year. It's a starting point for negotiations, if nothing else.

The Hot Corner
Nov 07 2022 04:11 PM
Re: Sound the Trumpets, Edwin Diaz Is Still A Met!

I believe he can opt out after 2025 and the Mets have an option ($20 M) for 2028. I believe there is a No Trade provision as well.