The New York Mets just made one of the boldest moves of the offseason, landing Bo Bichette on a three-year, $126 million deal - and in doing so, they didn’t just bolster their infield, they also dealt a blow to a division rival. Bichette had been on the radar for several teams, including the Phillies, so his move to Queens is as much a strategic win as it is a splashy signing.
Bichette is expected to take over at third base, and his bat brings a serious jolt to the Mets’ lineup. He’s one of the most dynamic offensive players still available on the market, and now he’s headed to a team that clearly isn’t afraid to spend big to compete. But while the contract looks hefty on paper - $42 million annually - the actual cost to the Mets in 2026 will be nearly double that.
Thanks to MLB’s luxury tax system, the Mets are in for a financial hit that only a few teams in the league would be willing - or able - to stomach. Because they’re well over the highest luxury tax threshold, New York will be hit with a 110% tax on much of Bichette’s salary in 2026. That means while Bichette pockets $42 million that year, the Mets will be shelling out close to $95 million once the tax is factored in.
That’s not a typo. Ninety-five million dollars for one player in one season.
This kind of financial commitment isn’t unheard of for big-market teams pushing their chips all in. The Dodgers are facing a similar situation with Kyle Tucker, whose deferred-heavy deal still puts Los Angeles on the hook for over $126 million in total. In both cases, we’re seeing just how aggressive top-tier teams are willing to be when they believe a player can push them closer to a championship.
For the Mets, this is about more than just adding a big bat. It’s about making a statement.
Steve Cohen has made it clear he’s not afraid to spend, and this move reinforces that philosophy. He’s aiming to build a contender now - not in two or three years - and he’s willing to pay the price to do it.
Of course, there’s always risk when you’re committing this kind of money, especially when the tax penalties are this steep. But Bichette isn’t just another free-agent swing.
He’s a proven hitter with postseason experience, and he fills a need in the Mets’ infield with both power and consistency. If he performs the way the Mets expect, this deal could be worth every penny - even the taxed ones.
Bottom line: the Mets didn’t just sign Bo Bichette. They made a power move that signals their intent to win now, no matter the cost.