{"id":49570,"date":"2022-12-08T22:13:43","date_gmt":"2022-12-09T03:13:43","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/mets-re-sign-brandon-nimmo-add-veteran-reliever-as-payroll-reaches-record-high-report-49570"},"modified":"2022-12-08T22:13:43","modified_gmt":"2022-12-09T03:13:43","slug":"mets-re-sign-brandon-nimmo-add-veteran-reliever-as-payroll-reaches-record-high-report","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/mets-re-sign-brandon-nimmo-add-veteran-reliever-as-payroll-reaches-record-high-report-49570","title":{"rendered":"Mets re-sign Brandon Nimmo, add veteran reliever as payroll reaches record high: report"},"content":{"rendered":"
\n

The “Steve Cohen tax” is the highest luxury tax tier a team can go to in regard to payroll in MLB, and the New York Mets<\/a> owner is living up to it.\u00a0<\/p>\n

Cohen and the Mets dished out another lucrative deal, re-signing their former first-round pick<\/a>, outfielder Brandon Nimmo, at $162 million over the next eight seasons, according to ESPN.\u00a0<\/p>\n

Cohen wasn\u2019t done. The Mets reportedly signed veteran reliever David Robertson to a one-year pact worth $10 million.\u00a0<\/p>\n

CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM<\/strong><\/a><\/p>\n

With those contracts, the Mets have an estimated payroll of $333 million at Opening Day, per Spotrac, a number the Los Angeles Dodgers haven\u2019t even touched with their star-studded roster over the years.\u00a0<\/p>\n

That\u2019s not the overall number Cohen will have to pay, though. There are now four luxury tax thresholds after the new Collective Bargaining Agreement between MLB and MLBPA was agreed to prior to last season.\u00a0<\/p>\n

With Cohen not afraid to flex his financial muscle after purchasing the Mets, he was the likely candidate to hit the fourth tier, which is an 80% overage for first-time taxpayers and 90% overage for second-time payers.\u00a0<\/p>\n

METS LOSE STARTING PITCHER TO DIVISION RIVAL: REPORTS<\/strong><\/a><\/p>\n

Cohen had to pay luxury tax after the Mets\u2019 payroll hit roughly $261 million last year, though that falls into Tier Two (32% overage).\u00a0<\/p>\n

Spotrac is estimating that Cohen\u2019s tax bill will be $65 million, or a grand total of $395 million for the 2023 season.\u00a0<\/p>\n

And here\u2019s the best part: The Mets may not be done adding more players.\u00a0<\/p>\n

There is a possibility the Mets still want to add another bat to their lineup. A bonafide designated hitter, like J.D. Martinez, is still out on the free-agent market and could fit right in as someone that primarily bats with the option to start in the outfield if needed.\u00a0<\/p>\n

But after losing Jacob deGrom, who decided to sign a five-year deal with the Texas Rangers instead of return to the Mets, New York was fast to snatch the 2022 AL Cy Young winner of the market: Justin Verlander<\/a>.\u00a0<\/p>\n

JUSTIN VERLANDER, METS AGREE TO TWO-YEAR, $86 MILLION DEAL: REPORT<\/strong><\/a><\/p>\n

The right-hander signed a massive two-year, $86 million deal which comes out to $43 million per season \u2013 a tick under the average annual value Max Scherzer<\/a> pitches on over the next two seasons.\u00a0<\/p>\n

Simply put, the Mets are in win-now mode and it\u2019s clear Cohen sees that window and is doing the best he can to get the best team in Flushing, Queens for this season at least.\u00a0<\/p>\n

The Mets drafted Nimmo in the first round of the 2011 MLB Draft, and has been an on-base machine for them since making his debut in 2016.\u00a0<\/p>\n

Nimmo owns a .385 on-base percentage over his seven-year career, hitting .269 with a .441 slugging percentage and .827 OPS. His calling card is hustle no matter the situation, even if he\u2019s walked by a pitcher. That mentality at the top of the lineup has been something the Mets enjoy and clearly don\u2019t want to see elsewhere around MLB.\u00a0<\/p>\n

Nimmo\u2019s defensive game also took a step up this past season, as Buck Showalter felt confident with him in center field despite previous seasons of shaky play.\u00a0<\/p>\n

Injuries were also a problem with Nimmo in recent seasons, but he was able to play 151 games last year and Cohen will hope that availability will continue throughout this new contract.\u00a0<\/p>\n

As for Robertson, he joins a bullpen that needed more back-end, lockdown guys like Edwin Diaz, who was quickly re-signed to the Mets after his All-Star campaign in 2021.\u00a0<\/p>\n

RANGERS SIGN JACOB DEGROM TO FIVE-YEAR, $185 MILLION DEAL<\/strong><\/a><\/p>\n

This will be Robertson\u2019s age 38 season, but he pitched to a 2.40 ERA with the Chicago Cubs and Philadelphia Phillies last season over 63.2 innings, proving he still has what it takes in high-pressure situations.\u00a0<\/p>\n

The Mets were winners of 101 games last season to take the NL East title, but they lost to the San Diego Padres in the wild card round at Citi Field in three games.\u00a0<\/p>\n

They fell short of a World Series run, but are equipped once again to dominate the National League and will likely be an early favorite to take home their first title since 1986.\u00a0<\/p>\n<\/div>\n

Source – https:\/\/www.foxnews.com\/sports\/mets-re-sign-brandon-nimmo-add-veteran-reliever-as-payroll-reache-record-high-report <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The “Steve Cohen tax” is the highest luxury tax tier a team can go to in regard to payroll in MLB, and the New York […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-49570","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"\nMets re-sign Brandon Nimmo, add veteran reliever as payroll reaches record high: report - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/mets-re-sign-brandon-nimmo-add-veteran-reliever-as-payroll-reaches-record-high-report-49570\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mets re-sign Brandon Nimmo, add veteran reliever as payroll reaches record high: report - 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