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The Dodgers signed Diaz to a three-year, $69 million contract Tuesday, Jeff Passan of ESPN.com reports. For the second straight offseason the Dodgers have inked the top closer on the free-agent market. The $23 million average annual value sets a new record for a reliever. Diaz will turn 32 in March but is coming off one of his best seasons, having collected a 1.63 ERA, 0.87 WHIP and 98:21 K:BB over 66.1 innings while notching 28 saves. He will take over as closer for the two-time defending World Series champs.
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Diaz rejected the Mets' one-year, $22.025 million qualifying offer Tuesday, Alden Gonzalez of ESPN.com reports. Diaz opted out of the two years and $38 million remaining on his contract with the Mets earlier this month, and now he has passed on the qualifying offer. Neither decision was a surprise, as the closer shouldn't have difficulty netting a big multi-year pact this winter. If he leaves the Mets, New York will receive a draft pick as compensation.
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The Mets extended a one-year, $22.05 million qualifying offer to Diaz on Thursday, Jeff Passan of ESPN.com reports. Diaz is expected to decline the offer after opting out of his contract with the Mets earlier this offseason. Thursday's move will ensure the Mets receive draft compensation if Diaz goes elsewhere. The right-hander totaled 28 saves in 2025 while tallying a 1.63 ERA across 66.1 innings.
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Diaz became a free agent after opting out of his contract Monday, Ken Rosenthal of The Athletic reports. Diaz had two years and $38 million remaining on his contract with the Mets, but he will forgo that salary as he seeks a longer and more lucrative free-agent deal. The Mets are likely to be in the mix to retain Diaz, but he will have plenty of interest on the open market. Diaz -- who turns 32 in March -- posted a 1.63 ERA, 0.87 WHIP and 98:21 K:BB over 66.1 frames in 2025, notching 28 saves in the process.
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Diaz allowed a hit in a scoreless inning to earn the save in Thursday's 8-5 win over the Cubs. Diaz gave up a leadoff single to Carson Kelly but erased it with a game-ending double play from Dansby Swanson. It's been a strong September for Diaz, who has allowed just one run while posting a 17:3 K:BB over 11.2 innings, though the Mets haven't given him a ton of chances to rack up saves. For the season, he's 28-for-31 in save conversions while pitching to a 1.71 ERA, 0.92 WHIP and 96:21 K:BB through 63.1 innings.
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Stats
| Year | Team | APP | GS | INN | W | L | S | K | BBI | HA | ERA | WHIP |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | NYM | 62 | 0 | 66.3 | 6 | 3 | 28 | 98 | 21 | 37 | 1.62 | 0.87 |
| 2024 | NYM | 54 | 0 | 53.7 | 6 | 4 | 20 | 84 | 20 | 36 | 3.52 | 1.04 |





