Cespedes, Mets finalize $110M, 4-year contract
In this April 29, 2016, file photo, New York Mets' Yoenis Cespedes (52) reacts after hitting a grand slam home run against the San Francisco Giants during the third inning of a baseball game, in New York. A person familiar with the negotiations says outfielder Yoenis Cespedes and the New York Mets have agreed to a $110 million, four-year contract. The person spoke on condition of anonymity Tuesday, Nov. 29, 2016, because the agreement is subject to Cespedes successfully completing a physical. (AP Photo/Julie Jacobson, File)
Ronald Blum, The Associated Press
Published Wednesday, November 30, 2016 1:45PM EST
NEW YORK -- Yoenis Cespedes and the New York Mets have finalized a $110 million, four-year contract.
Cespedes and the team were to discuss the deal at a news conference Wednesday at Citi Field.
A two-time All-Star, Cespedes gets $22.5 million in 2017, $29 million in each of the following two seasons and $29.5 million in 2020.
The 31-year-old outfielder receives a full no-trade provision as part of the agreement, the largest for a free agent thus far this off-season. The deal's $27.5 million average annual value ties former Yankees third baseman Alex Rodriguez for the second-highest among position players, trailing only Miguel Cabrera's $29.2 million with Detroit.
In addition, the Mets traded pitcher Logan Verrett to the Baltimore Orioles for cash.
Acquired by the Mets from the Tigers at the July 31 trade deadline in 2015, Cespedes had 17 home runs and 44 RBIs in 57 games with the Mets down the stretch, helping them reach the World Series for the first time since 2000.
After finding a slow market in a free-agent class that also included Jason Heyward, Alex Gordon and Justin Upton, Cespedes made a surprise return to the Mets when New York agreed in January to a $75 million, three-year contract that allowed him to opt out after one season and $27.5 million.
Cespedes had 31 homers and 86 RBIs in 132 games this year, slowed after injuring his right quadriceps on July 8. He hit one home run after Sept. 11.
Other outfielders on the free-agent market include major league home run leader Mark Trumbo, Jose Bautista, Carlos Beltran, Dexter Fowler, Josh Reddick and Matt Holliday.
Mets general manager Sandy Alderson said he wanted a resolution to Cespedes' negotiations with the team by the end of next week's winter meetings.
Verrett, a 26-year-old right-hander, was 3-8 with a 5.20 ERA in 12 starts and 23 relief appearances this year.