It’s a one-year, $2.5MM deal for Teheran that comes with an additional $450K available in incentives, Anthony DiComo of MLB.com reports. With six days of the season already elapsed, that’d come out to $2.419MM in prorated, guaranteed money for Teheran (assuming the deal becomes official today). The Mets are in the fourth and final tier of luxury penalization and are in their third straight year of penalization, meaning they’re paying a 110% tax on any dollars spent. That’s about $2.661MM in taxes, bringing the total tab on Teheran to about $5.08MM for the Mets.
12:50pm: The Mets have agreed to a deal with free agent righty Julio Teheran, reports Jon Heyman of the New York Post. The Mato Sports Management client opted out of a minor league deal with the Orioles late in camp and has been exploring the market for new opportunities. It’s a big league deal for Teheran, per SNY’s Andy Martino, who reported earlier in the week that the Mets were in talks with the veteran right-hander.