Mets and Jon Niese closing in on five-year deal

Jon Niese and the Mets are close to agreeing to a five-year contract with options for 2017 and 2018, according to beat writer reports on Twitter.

[line]

[line]

Brian Costa of the Wall Street Journal says, while the two sides are still negotiating over the total value of the deal, they aren’t far apart and could come to an agreement as soon as this week.

ESPN New York’s Adam Rubin believes the deal will be similar to the five-year, $28.5 million deal signed by Rangers LHP Derek Holland last month. Holland’s deal also included an $11 million option for 2017 and an $11.5 million option for 2018.

Niese is eligible for salary arbitration through the 2015, after which he can be a free agent. The rumored five-year deal would keep him signed through 2016.

[line]

Matthew Cerrone: It’s a no brainer. Basically, Jon is giving up the potential to earn more money during the next four years in return for having guaranteed money in 2016, which he would not have been guaranteed otherwise. If he pitches so well that he dominates the league, he’ll regret agreeing to be paid just $10 million or so in 2016, knowing he could likely make more on the open market. However, if he injures himself or is terrible during the next four years, he’ll be thrilled and thankful to be earning that money.

On the other hand, the Mets are forced to commit money in 2016 to a guy who right now is just is 22-23, but they do so in return for putting a ceiling on what he might earn should he overachieve. Again, if Niese goes on to dominate the next five years, the Mets will be thrilled to know they have such an amazing talent below market value. Of course, if he stinks, they’re stuck with the contract.

In other words, this is a nice, mild and obvious win-win for both sides; it gives Niese the peace of mind to not worry about money and focus on his game; and it makes Jon’s salary a known quantity for the Mets, as they budget for the future.

[line]

Michael Baron: I like this move and exciting to think about Niese leading a young staff that could include Matt Harvey, Zack Wheeler, Jeurys Familia and maybe Jenrry Mejia.

I had been down on Niese heading into last year, but he showed he was capable of being a very solid major league starting pitcher and, at times, dominate with his curveball and cutter. He ran out of steam in the second half and ultimately missed the final five weeks with a rib cage pull. So, it’s going to be important for him to learn how to maintain his stamina and remain consistent and healthy for an entire season.

[line]