Mets and Jon Niese closing in on a long term extension

It seems as if the New York Mets and 25-year-old starting pitcher Jon Niese are nearing an agreement that would keep the left hander in Queens for at least, the next five years:

Exclusive: Jon Niese completing long-term deal with #Mets. Details:
Adam Rubin

Source confirms Niese contract extension would be 5 years, but two sides still discussing dollars. Could be done “quickly.”
Mike Puma

Can confirm @‘s report that Mets are involved in serious discussions on an extension wth Jon Niese. Still work to be done.
Andy McCullough


In a post to ESPN New York, Rubin adds:

The eventual deal is believed to be comparable to the five-year, $28.5 million deal that included two team options — for $11 million and $11.5 million — that fellow left-hander Derek Holland signed with the Texas Rangers last month. Both players have comparable major league service time and would have been eligible for free agency after the 2015 season.”

Photo taken by Michael Baron

The two sides, however, are still “haggling over the total value of the deal,” according to Brian Costa of the Wall Street Journal; who wrote the following in a post to his blog:

The Mets are discussing a five-year contract extension with pitcher Jon Niese that would include team options for the 2017 and 2018 seasons, according to a person with direct knowledge of the negotiations.

Though the two sides are still haggling over the total value of the deal, the person said they are not far apart. And while a deal is not imminent, the person was optimistic that it would get done, perhaps even this week.”

Niese, who is arbitration-eligible for the first time after this season, can become a free agent following the 2015 season.  The rumored extension would buy out all of his arbitration years as well as his first year of free agency; which to me, is a great move. The left hander is 22-23 in his brief career with 315 strikeouts over 370 2/3 innings.

Earlier in the week, it was reported that the Mets have already begun internal discussions about potentially picking up the 2013 option on knuckle-baller R.A. Dickey. The team, according to Mike Puma of the New York Post, would then likely attempt to lock up Dickey for at least 2014 with perhaps a club option for 2015.

Both potential moves, go a long way towards showing us fans that the club now has some financial stability, as Rich Coutinho of WFAN and Andy Martino of the Daily News point out:

Talks with Niese is first indication Madoff settlement will change things financially for the Mets
Rich Coutinho

Mets, post Madoff resolution, had been looking to do something as a gesture of financial stablity, btw. Niese extension would fit the bill.
Andy Martino







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