Jacob deGrom and the New York Mets agreed to a five-year, $137.5 million extension, a person with direct knowledge of the extension confirmed to USA TODAY Sports.
The person spoke only on the condition of anonymity because it’s pending a physical.
SNY first reported the extension.
The deal starts in 2019 with an opt-out after the 2022 season, the same year as Boston Red Sox’s Chris Sales’ opt-out.
He will earn $7 million in 2019 and receive a $10 million signing bonus, followed by $23 million in 2020, $33.5 million in 2021-22, $30.5 million in 2023 with a club option in 2024.
DeGrom, the reigning National League Cy Young winner, had an unprecedented 2018 season. He finished with a minuscule 1.70 ERA, sixth lowest among qualifiers since the mound was lowered to its current height in 1969.
His 10 victories was the lowest win total ever for a starting Cy Young winner. Seattle Mariners pitcher Felix Hernandez had 13 victories when he won the 2010 AL Cy Young.