The Mets finally locked in Jon Niese to a contract extension after days of speculation that this was coming. The contract is similarly structured to the deal that Derek Holland recently signed with the Rangers. The deal is 5-years/$25 million plus two option years that could max out the contract at $52 million.
It’s a good deal for Niese. He lost four arbitration years and gave up only one free agent year if the options aren’t exercised. Niese in 22-23 with a 4.39 ERA for his career but he is left handed. I’ve always like Niese but never thought he was worthy of a significant contract extension.
Sadly, this is the biggest contract Sandy Alderson has signed since becoming GM of the Mets more than two seasons ago. That goes to show you the sad state of financial affairs of the Mets.