What is Edwin Diaz Contract in 2023?

Last Modified Nov 8, 2023 12:30 GMT
Edwin Díaz
Edwin Díaz

Born on March 22, 1994, Edwin Díaz plays baseball as a pitcher for the New York Mets in Major League Baseball (MLB). Díaz was raised in the Puerto Rican community of Naguabo. Díaz played outfield with players like Carlos Correa and José Berríos while growing up in Puerto Rico. As a teenager, he grudgingly gave pitching a try at his father's encouragement. Díaz was selected by the Seattle Mariners in the third round of the 2012 MLB draft. He had a 5.21 earned run average (ERA) and a 2–1 record in nine games (one start), striking out 20 batters in 19 innings. He made his Major League debut on June 6, 2016. However, the Mariners traded Diaz to the New York Mets on December 3, 2018.

Since joining the New York Mets, he has been named to two All-Star games (in 2018 and 2022). He was even part of the All-MLB First Team in 2022. He also pitched a combined no-hitter on April 29, 2022. He was also the AL saves leader in 2018.

Edwin Diaz Contract Breakdown

YearBase SalarySigningBonusCap HitDead CapYearly Cash
2012-$3,00,000$3,00,000-$3,00,000
2016$335,533-$335,533-$335,533
2017$545,000-$545,000-$545,000
2018$570,800-$570,800-$570,800
2019$607,425-$607,425-$607,425
2020$1,888,889-$1,888,889-$1,888,889
2021$7,000,000-$7,000,000-$7,000,000
2022$10,200,000-$10,200,000-$10,200,000
2023$17,250,000$2,400,000$19,650,0000-$23,750,000

How much is Edwin Diaz getting paid?

The New York Mets and Edwin Diaz agreed to a five-year, $102,000,000 contract that included a $12,000,000 signing bonus, $102,000,000 guaranteed, and an average salary of $20,400,000 each year. With a total pay of $23,750,000 in 2023, Diaz had a base salary of $17,250,000.

In 2012, Edwin Diaz signed his first contract and got a signing bonus worth $3,000,000 with the Seattle Mariners. In 2016, Diaz agreed to a contract worth $507,500 with the Seattle Mariners for a duration of 1-year. In 2017, Diaz signed a pre-arbitration contract worth $545,000 with the Seattle Mariners for a duration of 1-year. In 2018, Edwin Diaz signed a pre-arbitration contract worth $570,800 with the Seattle Mariners for a duration of 1-year. For the 2019 season, Diaz signed a pre-arbitration contract worth $607,435 with the New York Mets. In 2020, Edwin Diaz signed an arbitration contract worth $5,100,000 with the New York Mets for a duration of 1-year. Next in 2021, Edwin Diaz signed another arbitration contract worth $7,000,000 with the New York Mets for a duration of 1-year. For the 2022 season, Edwin Diaz signed an arbitration contract worth $10,200,000 with the New York Mets.

Finally, in 2023, Edwin Diaz signed a contract worth $102,000,000 with the New York Mets for a duration of 5-years.

How much does Edwin Diaz make in a minute?

In 2023, Edwin Diaz's annual salary was $20,400,000. As we know there are 525,600 minutes in a year. Now, if his annual salary is divided by the total number of minutes a year, he makes about $38.81 a minute.

Edwin Diaz Career Earnings

Edwin Diaz has a total career earnings of $45,197,647. This includes his base salary of $32,897,647 and signing bonus of $12,300,000, during his 8 seasons in the MLB.

In the previous few years, Edwin Diaz has earned:

2021 - $7,000,000 (New York Mets).

2022 - $10,200,000 (New York Mets).

What are the terms of Edwin Diaz’s Contract?

With a $12,000,000 signing bonus, $102,000,000 guaranteed, and an average salary of $20,400,000 per year, Edwin Diaz inked a five-year, $102,000,000 contract with the New York Mets. Diaz had a base pay of $17,250,000 and a total salary of $23,750,000 in 2023.

The clauses in Edwin’s contract are as follows:

  • Opt-out available after 2025

  • Signing Bonus: $12M

  • Full no-trade clause through 10/30/2025

  • 10-team no trade clause 11/1/2025 - 2028

  • 2028 Club Option: $17.25M ($1M buyout)

  • $100,000 each for WS MVP, Reliever of the Year

  • $50,000 each for All-Star, Gold Glove, LCS MVP

  • $50,000 for Cy Young ($25,000 for 2nd, $10,000 for 3rd)

  • $26.5M deferred to 2033-2042(drops the CBT salary to $18.6M) $5.5M each of 2023-2025$5M each of 2026-2027

Source: spotrac.com

How much of Edwin Diaz’s Contract is guaranteed?

Edwin Diaz signed a 5-year contract worth $102,000,000 with the New York Mets, including a $12,000,000 signing bonus, $102,000,000 guaranteed, and an annual average salary of $20,400,000.

Edwin Diaz Contract History

These are all the contracts of Edwin Diaz till now:

2012: Edwin Diaz signed his first contract and got a signing bonus worth $3,000,000 with the Seattle Mariners.

2016: Diaz signed a pre-arbitration contract worth $507,500 with the Seattle Mariners for a duration of 1-year.

2017: Diaz signed a pre-arbitration contract worth $545,000 with the Seattle Mariners for a duration of 1-year.

2018: Edwin Diaz signed a pre-arbitration contract worth $570,800 with the Seattle Mariners for a duration of 1-year.

2019: Diaz signed a pre-arbitration contract worth $607,435 with the New York Mets for a duration of 1-year.

2020: Edwin Diaz signed an arbitration contract worth $5,100,000 with the New York Mets for a duration of 1-year.

2021: Edwin Diaz signed another arbitration contract worth $7,000,000 with the New York Mets for a duration of 1-year.

2022: Edwin Diaz signed an arbitration contract worth $10,200,000 with the New York Mets for a duration of 1-year.

2023: Edwin Diaz signed a free agent contract worth $102,000,000 with the New York Mets for a duration of 5-years.

FAQs

A. Edwin Diaz’s age is 30 years as of October 2024.

A. Edwin Diaz plays for the New York Mets in Major Lеaguе Baseball. 

A. Edwin Diaz has been in the MLB for eight years as of 2024.

A. Edwin Diaz’s current salary is $11,750,000 as of 2024.

A. Edwin Diaz's current contract is valid for a duration of five-years.

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