The Yankees and Mets agreed to deals with multiple key players Thursday to avoid arbitration and lock in their 2026 salaries.
Thursday marked the final day that teams and arbitration-eligible players could exchange numbers.
Typically, players with between three and six years of MLB service are arbitration eligible. Any such players who did not agree to deals with their respective teams will now go to an arbitration hearing, where their 2026 salaries will be determined.
Here are the players the Yankees and Mets came to terms with before Thursday’s deadline:
YANKEES
Jazz Chisholm Jr.
Jazz Chisholm Jr. earned the biggest payday of the bunch, agreeing to a $10.2 million deal with the Yankees, the Daily News confirmed.
Chisholm, who was in his final year of arbitration eligibility, had 31 homers and 31 stolen bases during an All-Star season in 2025.
Anthony Volpe
Volpe, who was arbitration eligible for the first time, will make $3.475 million, per YES Network.
The 24-year-old shortstop hit .212 with 19 homers and a .663 OPS in 2025, playing through a partial tear in his left shoulder for much of the season.
He is expected to miss the start of the 2026 season after undergoing offseason shoulder surgery.
Luis Gil
A lat strain delayed Gil’s 2025 season debut until early August, and he pitched to a 4-1 record and a 3.32 ERA in 11 starts upon returning.
The 27-year-old is set to make $2.1625 million this season, per YES Network.
Fernando Cruz
The splitter-happy Cruz, 35, was a bullpen weapon in his first season with the Yankees, pitching to 3.56 ERA and 72 strikeouts in 48.0 innings.
He agreed to a $1.45M million contract for 2026, per YES Network.
Camilo Doval
The right-handed reliever reached a deal that will pay him $6.1 million this season, the Daily News confirmed.
The hard-throwing Doval pitched to a 4.82 ERA in 22 appearances after being acquired by the Yankees in a midseason trade with the San Francisco Giants.
But Doval, 23, was a 2023 All-Star and is expected to be a key part of the Yankees’ bullpen this year.
David Bednar
Bednar quickly emerged as the Yankees’ closer after being acquired in a midseason trade with the Pittsburgh Pirates. He went 4-0 with a 2.19 ERA and 10 saves in 22 appearances as a Yankee.
The two-time All-Star is now set to earn $9 million in 2026, a source told the Daily News.
José Caballero
Caballero reportedly settled for $2 million.
Last season, the speedy utility man led the majors with 49 stolen bases, including 15 after being traded to the Yankees from the Tampa Bay Rays in late July.
METS
David Peterson
Peterson parlayed a solid 2025 season into a nice payday, as he agreed to a $8.1 million contract for 2026 with the Mets, according to The Athletic.
The left-hander was a first-time All-Star in 2025, and although he struggled down the stretch, Peterson finished with a 9-6 record and a 4.22 ERA over 30 starts.
Francisco Alvarez
The 24-year-old catcher is due to make $2.4 million, per The Athletic.
Alvarez endured injuries and a month-long demotion in 2025, but he finished with respectable numbers, hitting .256 with 11 home runs in 76 games.
Luis Torrens
Fellow catcher Torrens is reportedly due to make $2.3 million.
Torrens is the Mets’ backup catcher, but he appeared in 92 games in 2025, batting .226 with five homers while being named a finalist for the National League Gold Glove.
Tylor Megill and Reed Garrett
Megill likely won’t pitch in 2026 after undergoing Tommy John surgery in September, but he will reportedly earn $2.5 million this season.
It’s a similar situation for reliever Reed Garrett, who will reportedly make $1.3 million as he recovers from the Tommy John surgery he underwent in October.
Huascar Brazobán
Brazobán is set to earn $1.05 million. The right-handed reliever, 36, went 5-2 with a 3.57 ERA over 52 appearances in 2025.