The rich have gotten richer, again.
In what’s seemingly become an annual offseason tradition, the Los Angeles Dodgers have signed one of the top free agents on the market.
Former New York Mets closer Edwin Diaz reportedly agreed to a three-year, $69 million deal with the two-time defending World Series champions, The Athletic’s Will Sammon first reported and ESPN’s Jeff Passan confirmed Tuesday.
The average annual value of $23 million is a new record for MLB relievers, Passan added.
Diaz, 31, has been one of the game’s best closers since making his first All-Star appearance in 2018. The three-time Reliever of the Year (2018, 2022, 2025) has 253 career saves, which is tied for fourth among active players.
Bullpen was the Dodgers’ biggest weakness in 2025, but the issue was solved during the postseason — largely thanks to rookie Roki Sasaki. The Japanese sensation could move back to the starting rotation in 2026 with Diaz now able to handle closing duties.
As for the Mets, the team signed reliever Devin Williams away from the New York Yankees last week. The right-hander is now expected to fill Diaz’s role as the Mets’ closer in 2026.