For all of the sound and fury coming from Steve Cohen last week upon being spurned by Noah Syndergaard and Steven Matz, the Mets’ owner has put his money where his mouth is since then. After signing a trio of midmarket position players — outfielders Starling Marte and Mark Canha, plus infielder Eduardo Escobar — over the Thanksgiving holiday weekend, New York landed a marquee hurler on Monday, agreeing to terms with Max Scherzer on a three-year, $130 million deal.
The contract will pay Scherzer $43.33 million annually for his age 37–39 seasons, marking this as quite a high-risk move. The deal, which includes an opt-out after 2023 as well as a full no-trade clause, is a record-setter, with an average annual value 20% higher than the $36 million per year won by the Yankees’ Gerrit Cole, the previous standard-bearer. And — in a bit that’s sure to be schadenfreude-licious for a certain segment of the Mets’ fan base — while Scherzer is pulling down that massive salary, he’ll also be receiving the first three of seven $15 million deferred payments from the Nationals during the span of his contract with the Mets.
The move comes as something of a surprise given that Scherzer refused to consider waiving his 10-and-5 rights for a potential deal to the Mets in July. On top of that, the Dodgers, to whom he was ultimately dealt, were presumed to have the inside track on retaining the 37-year-old righty given their status as contenders, their seemingly limitless resources, and a sense of unfinished business after coming up short in their quest to defend their 2020 title. But whether it was because Los Angeles wouldn’t go beyond two years or because Scherzer, who purchased a mansion in Jupiter, Florida in 2020, preferred a return to the East Coast, New York was able to close a deal ahead of the December 1 expiration of the current Collective Bargaining Agreement and the lockout that’s likely to follow.
In the final year of his seven-year, $210 million contract with the Nationals — perhaps the most fully realized free-agent mega-deal to date, featuring two Cy Young awards, two no-hitters, a championship, 39.7 WAR, and probably a curly W on the cap of his Hall of Fame plaque — Scherzer pitched like a man in search of more hardware. In his first nine starts after being dealt to the Dodgers, he posted astounding numbers (0.78 ERA, 1.36 FIP, 36.6% strikeout rate), and on September 12, during that run, he became the 19th pitcher in history to collect 3,000 career strikeouts, doing so while taking a perfect game into the eighth inning. Even after a couple of bumpy starts at the end of the regular season, he finished second in the NL in ERA (2.46), strikeouts (236), strikeout rate (34.1%) and K-BB% (28.8%), third in WAR (5.4), and fourth in FIP (2.96) in 179.1 innings. In the year’s Cy Young voting, he placed third behind Corbin Burnes and Zack Wheeler, receiving six first-place votes.
Even so, those bumpy starts turned out to be an ominous portent of things to come. Scherzer failed to complete five innings in two of his three postseason starts, including the NL Wild Card Game. After closing out the Giants in the ninth inning of Game 5 of the Division Series, he admitted that he was battling arm fatigue, and was able to make only one NLCS start; he could only watch as a similarly gassed Walker Buehler struggled on three days of rest in Game 6 against the Braves. Still, Scherzer’s problem was believed to be nothing more than arm fatigue — understandable given his 128.2-inning workload increase relative to 2020.
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