QUEENS, N.Y. — The JD Martinez deal fell perfectly into Steve Cohen and the Mets' laps last week.
While the veteran designated hitter and his agent, Scott Boras, looked for a multi-year deal and more annual value, a slow market allowed for the Mets to come away with his signature on a one-year, $12 million deal.
This is how the Mets’ model will be in 2024 — the first year under president of baseball operations, David Stearns. Due to the luxury tax penalties levied on them for blowing past multiple thresholds, Cohen has to pay a 110% tax on every acquisition he makes this season. That means big signings or trades are far less likely to happen in 2024 unless things break their way as the Martinez signing did.
“We’ll make that decision when we get there,” Cohen said with a nod toward MLB’s trade deadline on Aug. 1. “We know everything is 110 cents on the dollar so that’s a decision — an expensive decision, but I am competitive. If the right thing comes along at the right moment, we’ll explore.”), largely because they decided to take on money from Justin Verlander and Max Scherzer’s contracts when they were dealt at the trade deadline last season.
Such a concept feels far-fetched to Cohen, who is trying to balance the building of sustainability with being competitive now.
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