Updated Post: December 9 at 3:42 pm

Joel Sherman of the New York Post provided information regarding the deferrals in Dìaz’s contract with the Dodgers. $4.5 million will be deferred annually over the three year contract, with Díaz’s AAV coming to about $21.1 million for luxury tax purposes.

Updated Post: December 9 at 3:11 pm

Mike Puma of the New York Post gave more insight into Díaz’s decision to sign with the Dodgers instead of returning to the Mets. Edwin’s brother Alexis Díaz spent time in the Dodgers organization in 2025 and spoke highly of the staff and the organization’s infrastructure. Per Puma, Edwin Díaz also wasn’t thrilled the Mets parted with longtime pitching coach Jeremy Hefner.

Updated Post: December 9 at 12:35 pm

New details have emerged regarding the Mets’ contract negotiations with Edwin Díaz before he signed with the Los Angeles Dodgers, per Joel Sherman of the New York Post. The Mets’ offer to Díaz was for three-years, $66 million, but included modest deferrals.

The Mets noted to Díaz there was wiggle room to go higher but Díaz decided to go to the Dodgers instead. Per Anthony DiComo of MLB, Díaz reportedly did not circle back to the Mets before signing with the Dodgers.

Original Post: December 9 at 11:56 am

The Los Angeles Dodgers have agreed to a contract with Edwin Diaz, according to The Athletic‘s Will Sammon. Per Ken Rosenthal of The Athletic, it is a three year contract. Jeff Passan of ESPN notes it is a three-year, $69 million deal for Díaz. He will now become a free agent once more in his age-35 season.

With this deal, Díaz breaks his own record for highest-AAV for a reliever he set with his five-year, $102 million deal he signed with the Mets in 2022.

The Mets will receive a draft pick compensation in return after Díaz rejected the qualifying offer from New York.

Díaz, the Mets’ closer since 2019, opted out of a five-year deal with the Mets after the third season. He amassed 144 saves and a 2.93 ERA with the team over six seasons. Though Díaz had ups and downs as the team’s closer, he’s had a rubber arm over his career and missed minimal time to any arm injuries. He missed all of 2023 with a torn patellar tendon suffered during a celebration at the World Baseball Classic.

The Mets and Díaz over the course of the offseason reportedly disagreed on contract length.

The Dodgers, on the other hand, have been searching for a consistent closer since Kenley Jansen left. And yet, they’ve found a way to be back-to-back World Series champs and now get one of the best relievers in the game.