The Mets and Jonathon Niese have agreed to a five-year, $25 million contract extension with options for 2017 and 2018 which could make the total value of the deal worth $46 million, the team announced.
Niese, 25, went 11-11 with a 4.40 ERA in 27 games and 26 starts last season. He allowed 178 hits, 77 earned runs, 44 walks while striking out 138 in 157 1/3 innings.
Niese, a seventh round pick from the 2005 amateur draft, is 22-23 with a 4.39 ERA over 370 2/3 innings in his big league career.
Here is a recap of the team’s press conference announcing the deal, courtesy of MetsBlog’s Michael Baron:
12:00 pm: The discussions about a new contract began in March, Sandy said.
12:02 pm: Niese thanked the Wilpons, Saul Katz, John Ricco, Sandy Alderson, and his family for their support. He also thanked Gary Carter among those coaches and managers he’s played for in his career.
12:04 pm: Sandy said they’re tryig to build a core of young players going forward, and indicated a mutual interest in getting this deal done. “We thought it was a good idea, so we decided to pursue it and complete it,” Sandy said.
12:06 pm: Sandy said this deal isn’t necessarily the result of the team to be able to spend considering these talks began before the Madoff issue was settled. “We might have reached this contract agreement anyway,” Sandy said.
12:07 pm Niese is honored to be able to play for the Mets, appreciates the fans and teammates and loves playing for the organization.
12:08 pm: On whether or not this signifies a new strategy for the organization, Sandy said young players signing new contracts before they reach free agency is not a new idea in baseball, but acknowledged it is a good idea to retain their core players.
“We have a lot of good, young players on this team, and I hope we will be able to retain many of them,” Sandy said.