Max Scherzer and the Mets Agree on Massive Three-Year Deal

× Max Scherzer and the Mets Agree on Massive Three-Year Deal

NEW YORK (CNNMoney) — Max Scherzer and the New York Mets have agreed to a new deal, according to multiple reports.

The agreement, for at least three years and $90 million, represents a major boost for the Mets, who were low on financial resources.

New York will have to pay San Diego an extra $5 million to activate the option on the qualifying offer Scherzer will decline. If the Mets do so, they will have to surrender a 2020 first-round draft pick as compensation. The big leaguer is also eligible for salary arbitration.

The Mets and Scherzer had been discussing a new deal since June. A contract is not yet finalized, but news of the agreement reached Wednesday is expected to be announced on Thursday, a Mets spokesman said.

Scherzer was 9-7 with a 3.09 ERA and 217 strikeouts in 21 starts for the Washington Nationals in 2017. He hit a career-high 220 innings in the regular season.

The 35-year-old pitcher has been selected to the All-Star game three times in the past four seasons. In his career, Scherzer has compiled a 103-46 record with a 3.10 ERA and 808 strikeouts in only 649 innings pitched. He is also one of only nine pitchers in MLB history to record more than 1,000 strikeouts in six straight seasons.

The Mets went 75-87 in 2017, the franchise’s third-worst season in team history.

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