• Loading stock data...
Sunday, August 24, 2025
The biggest names in sports media. All in one room. Buy tickets now!

Justin Verlander Latest Deal in MLB Pitching Contract Craze

  • Verlander’s new Mets contract has the second-largest AAV ($43M) in MLB history.
  • That trails only new teammate Max Scherzer ($43.3M).
Justin Verlander speaking to media during a 2022 World Series press conference
Thomas Shea-USA TODAY Sports

The allure of having elite starting pitching has MLB teams trending towards giving out unprecedented salaries.

On Monday, RHP Justin Verlander agreed to a two-year, $86 million contract with the New York Mets, per Jeff Passan.

Assuming the numbers are accurate, the $43 million average annual value is the second-highest in MLB history — trailing only the three-year, $130 million ($43.3M AAV) deal the Mets signed Max Scherzer to last December.

In fact, the four largest AAVs in MLB history have all been given out in the last three years — and all have gone to elite starting pitchers.

On Friday, the Texas Rangers made a splash by signing Jacob deGrom away from the Mets on a five-year, $185 million ($37M AAV) pact. In 2019, the New York Yankees locked up Gerrit Cole with a nine-year, $324 million ($36M AAV) contract.

How the Astros Won the World Series Without Breaking the Bank

The Astros won the World Series with underpriced talent.
November 6, 2022

At this point, Verlander — a three-time Cy Young winner — is used to the big bucks: The 39-year-old has earned almost $300 million throughout his career and has never signed a contract with an AAV lower than $25 million since clearing arbitration in 2013.

The Mets will be spending $120 million on Verlander, Scherzer, and Francisco Lindor’s contracts alone — already over 50% of this season’s $233-million luxury tax threshold. New York’s tax payroll for its projected Opening Day roster currently stands at $287 million.

Verlander’s arrival in New York will also be a reunion of sorts: He and Scherzer formed the core of the Detroit Tigers’ rotation when both were there from 2010 through 2014.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Samuel Basallo

Orioles Give Catcher Record Extension Amid Adley Rutschman’s Stunning Fall

Samuel Basallo’s reported $67M deal would be a record for pre-arbitration catchers.

$2B A’s Vegas Stadium Hits Milestones, on Track for 2028

Construction progress and costs pick up in the Las Vegas project.
Mo Vaughn

How Michael Bloomberg Jump-Started Mo Vaughn’s Business Career

The Red Sox legend had a sprawling housing empire before starting a podcast.
Jul 13, 2025; Atlanta, GA, USA; MLB Commissioner Rob Manfred announces the pick for the Athletics pick during the MLB Draft at The Coca-Cola Roxy.

MLB Confident New Rights Will Exceed $550M ESPN Deal

MLB would redistribute rights forfeited by ESPN back in February.

Featured Today

The Honey Deuce Effect: How Tennis Perfected the Signature Cocktail

Sold every 1.5 seconds, they total more than $12 million in sales.
Dec 21, 2024; Austin, Texas, USA; Texas Longhorns quarterback Arch Manning (16) warms up as the Texas Longhorns prepare to play the Clemson Tigers in the first round of the College Football Playoffs at Darrell K Royal Texas Memorial Stadium.
August 23, 2025

Schools Are Hesitant to Allow PE Into Their Athletic Departments

Regardless of budget, schools don’t believe the risk is worth the reward.
Oct 2, 2024; Rosemont, IL, USA; Big Ten commissioner Tony Petitti speaks with the media during the 2024 Big Ten Women’s Basketball media day at Donald E. Stephens Convention Center.
August 22, 2025

‘Not Ready to Jump In’: Power 4 Commissioners Aren’t Sold on PE

Top leaders in college sports have yet to see a satisfactory proposal.
Nov 23, 2024; Minneapolis, Minnesota, USA; Penn State Nittany Lions head coach James Franklin looks at quarterback Drew Allar (15) during the first quarter against the Minnesota Golden Gophers at Huntington Bank Stadium.
August 22, 2025

Private Equity Enters College Sports—Without the Equity

As college football starts, lending agreements have become PE’s best way in.
August 20, 2025

Struggling Kyle Tucker Benched Shortly After $600M Contract Buzz

The Cubs take action with their star outfielder ahead of his free agency.
August 20, 2025

Tony Hawk Finds His Enduring Fame ‘Baffling’

The skateboarder said it’s “still kind of a shock” to be recognized.
Sponsored

Building A Pro League From Scratch

Front Office Sports and Gainbridge® spotlight what it takes to build a professional women’s soccer league.
August 20, 2025

Sophie Cunningham Receives 3rd WNBA Fine for Criticizing Refs

This is Cunningham’s third fine in about a month.
Daniel Jones
August 20, 2025

Vikings Set to Benefit from Colts Making Daniel Jones Starter

Jones never played a snap for Minnesota.
Aug 17, 2025; Uncasville, Connecticut, USA; Connecticut Sun center Tina Charles (31) and Indiana Fever guard Sophie Cunningham (8) work for the ball in the first half at Mohegan Sun Arena.
August 19, 2025

Sophie Cunningham’s Torn MCL Yet Another Fever Setback

The Fever guard is out for the remainder of the season.
August 18, 2025

Alcaraz Wins Record Prize in Cincinnati As Sinner Drops Out

The US Open starts on Aug. 24.