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The San Diego Padres might finally be nearing a resolution to dump first baseman Eric Hosmer’s salary. The recipient? The New York Mets.
Update: The Mets have backed out of said trade. Here’s why:
Hosmer has four years and $59 million left on his contract, and while he’s still playable at first base, it’s tough for a team like San Diego to consistently add to the roster when he’s blocking a large portion of their luxury tax money.
To get anything back for Hosmer is impressive by general manager A.J. Preller, and it appears he’s close to doing just that. If a deal does go through, the Padres could acquire New York slugger Dom Smith in return. Smith struggled last season, posting a .667 OPS in 145 games, but he’s just one year removed from receiving some MVP votes. The Padres are banking on a bounceback.
As for the Mets, this trade would put them further into the luxury tax. However, they would receive much-needed pitching help, as Padres starter Chris Paddack is rumored to be a key piece of any said trade. Along with Paddack, reliever Emilio Pagan could be sent to New York as well.
Eric Hosmer contract
Hosmer has just four years and $59 million left on his deal, as previously stated. Depending on how much New York are willing to take on, it could be a monumental financial flaw for the richest owner in baseball.
During the previous CBA negotiations — which triggered an MLB lockout — Cohen made it abundantly clear he did not fear the luxury tax. Thus, a ‘Steve Cohen Tax’ of sorts was implemented to even further dissuade the Mets from interrupting the competitive balance.
Jaco deGrom injury makes Mets desperate
With deGrom potentially out long-term, and Max Scherzer missing Opening Day due to a hamstring injury, the Mets need some pitching. Pagan and Paddack provide that, assuming those are the players going back to New York in said trade.
It’s important to note this trade hasn’t been completed yet, though is reportedly close to being decided at the time of this writing.