It took a year, but we now know the Mets massively overpaid for Francisco Lindor. And you can thank baseball maverick Sandy Alderson for once again misreading a market.
To recap, this offseason was billed as the winter of the shortstop or some such nonsense, because so many shortstops were reaching free agency. The Mets jumped the gun by a year, trading for Lindor and giving him $341 million spread out over 10 long years. Well, the Mets should have waited.
Over the weekend, the Red Sox signed Trevor Story for six years, $140 million, and the Twins shocked everyone by nabbing Carlos Correa on a three-year, $105 million contract (opt-outs likely make this a one-year deal). Before the lockout, old friend Javier Baez got $140 million for six years from the Tigers, and the Rangers signed two guys — Marcus Semien for five years at $110 million and Corey Seager for a Lindor-approaching 10 years, $325 million.
Any way you slice it, the Mets committed a lot more money to a player who is probably just as good, and arguably worse based on his 2021 performance, than these other shortstops who hit the market. Of course, no one blames Lindor for taking the money. No, this is all on Alderson. He should have know what the market would be for these guys and acted accordingly. Instead, he bet Steve Cohen’s farm on Lindor. Granted, that farm is very well stocked, but still, even Cohen does not have an unlimited budget. And that’s money that could have been better spent.
When it was announced Cohen would be hiring Alderson if the other owners approved his purchase, I wrote, “Steve Cohen’s first decision as potential Mets owner is terrible!” And today, more evidence that I was right.