The New York Mets have reaffirmed their commitment to their longest-tenured pitcher, Drew Smith, by signing him to a one-year contract for the 2025 season. The agreement, which includes a club option for 2026, ensures Smith remains a part of the Mets’ bullpen plans despite currently recovering from his second Tommy John surgery. According to reports, Smith will earn $1 million in 2025, with the potential to boost his earnings through performance-based incentives. If the Mets exercise their option for 2026, he will be set to make $2 million that year.

Smith’s Journey with the Mets

Smith, 31, has been a key presence in the Mets’ bullpen for the past several seasons. Since making his MLB debut with the team in 2018, he has established himself as a reliable late-inning arm. Over the past four years, he has posted a solid 3.35 ERA with a 26.2% strikeout rate and a 10.2% walk rate, showcasing his ability to handle high-leverage situations. His track record includes 33 holds and five saves in 156 appearances, with only four blown saves during that span.

Setback and Road to Recovery

The right-hander’s latest Tommy John/internal brace surgery, performed in July 2023, was a major setback. It not only forced him to miss the Mets’ postseason run but also came just before he was slated to enter free agency. Given his steady performance over the years, Smith would have likely commanded a multi-year contract had he been healthy. This marks the second time in his career he has undergone the procedure, with the first occurring in 2019 and keeping him sidelined for the entire season.

Despite the uncertainty surrounding his return, the Mets clearly value Smith’s potential impact. If his rehabilitation progresses well, he could be a late-season or even postseason option for New York. Upon his return, he would join a bullpen that already features established names such as Edwin Díaz, A.J. Minter, Ryne Stanek, Reed Garrett, and Jose Butto.

Financial Implications for the Mets

Smith’s contract carries additional financial weight for the Mets, who are operating well above the luxury tax threshold. Due to their status in the highest tier of luxury tax penalties, his $1 million salary will effectively cost the organization approximately $2.1 million. Should Smith reach his incentive bonuses, the Mets would be required to pay additional penalties, and the same structure would apply in 2026 if they remain in the top tax bracket.

Roster Management Considerations

As Smith continues his rehab, the Mets are expected to place him on the 60-day injured list once the deal is finalized. To make room for him on the roster before that move, the team is likely to transfer another injured pitcher, such as Christian Scott, to the 60-day IL as well. This will provide the Mets with flexibility as they prepare for further roster adjustments in spring training.

Looking Ahead

By bringing Smith back, the Mets are making a calculated investment in a pitcher who has been a dependable member of their bullpen when healthy. If he successfully returns to form, he could play a significant role in New York’s relief corps in the latter part of the 2025 season and beyond. With a deep bullpen and a high payroll, the Mets are demonstrating their willingness to retain proven arms despite the financial implications, as they aim for a deep postseason run in the coming years.