On Tuesday morning, Carlos Correa was getting ready for a formal news conference to announce his 13-year, $350 million contract with the Giants when he received the alarming information.
Three hours prior to the event, the Giants voiced medical concerns and requested a revision to the contract with star infielder Correa.
When there are viable alternatives, as there was in this instance, Correa’s shrewd agent Scott Boras will not consent to such last-minute strategies.
Steven A. Cohen, the Mets’ rich owner, who had previously showed interest in Correa, was contacted by Boras.
They kept in touch all day, and when it came time to finalize a deal, Boras called Cohen once more while the latter was enjoying dinner and a cocktail in Hawaii.
I inquired as to whether he had three olives for a third baseman, said Boras.
After an exhausting day of negotiations, Boras and Cohen soon reached an agreement on a 12-year, $315 million contract for Correa, 28, to play third base for the Mets, with each olive worth $105 million.
Carlos is a dynamic player, and he had a dynamic day, according to Boras.
It was a challenging move.
He was getting set for a new chapter in his life when the delays happened, forcing him to make another shift.
But he’s thrilled to be joining the Mets.
The New York Post was the first to reveal the story, which emerged only hours before the Yankees’ news conference on Wednesday to announce slugger Aaron Judge’s nine-year, $360 million contract and his new position as club captain.
In the past, the Yankees have splurged lavishly on players, but under Cohen’s direction, the Mets have emerged as Major League Baseball’s financial bully, heightening the animosity between the two New York teams.
Hal Steinbrenner, the owner of the New York Yankees, remarked, “I think having two great New York sports clubs is terrific.
“I’m all for it; it’s wonderful for this city, phenomenal for the rivalry.
Just hoping we’ll be the only two left remaining
After a busy few months that saw the Mets sign right-handed pitchers Justin Verlander, Kodai Senga, and David Robertson, as well as re-sign closer Edwin Daz and outfielder Brandon Nimmo, they already had the highest salary in baseball.
According to Cot’s Baseball Contracts, their 40-man payroll will now increase to $384.3 million, with a projected luxury tax payment of $111.5 million.
The M.L.B.’s collective bargaining agreement was finalized earlier this year, and it included a financial threshold known as the “Cohen Tax” that was intended to either limit Cohen’s spending or allow other clubs to benefit from his generosity.
Since other teams receive 50% of tax payments, Cohen will share around $55 million from those other teams in his quest to spend his way to a title because it hasn’t stopped him.
Boras frequently made jokes about the Mets looking for players in discount stores when the Wilpon family owned the team. This legacy was aided by the fact that the family had lost hundreds of millions of dollars in the Bernard Madoff Ponzi fraud.
Now, under Cohen, who bought the team in 2020, the team’s fortunes have altered considerably, much to the satisfaction of fans and agents like Boras.
They are in the caviar area, according to Boras.
In a significant market, this is about baseball championships.
According to Boras, he gave the Mets complete medical reports on Correa and did not anticipate them to respond the same way as the Giants did.
He noted that the Giants’ medical worries were unrelated to a prior back ailment and described the standoff with San Francisco as an argument over the studies’ findings.
Medical opinions are exactly that, according to Boras: “opinions.”
The Giants recognized their broad concern in a statement issued early on Wednesday that was credited to Farhan Zaidi, the team’s president of baseball operations, but did not go into further detail due to confidentially.
The statement read, “While we are barred from sharing private medical information, as Scott Boras made clear in public, there was a difference of opinion over the outcomes of Carlos’ physical examination.”
“Best wishes for Carlos,”