Photo credit to Brynn Anderson AP
If there was any doubt about Steve Cohen’s aggressive “Plan B” strategy, it was erased on Friday, January 16, 2026. Less than 24 hours after losing the Kyle Tucker sweepstakes to the Dodgers, the New York Mets pivoted with lightning speed to secure the market’s premier infielder, Bo Bichette.
The Contract: Short Term, Max Value
Unlike the Philadelphia Phillies, who reportedly offered Bichette a more traditional seven-year, $200 million deal, the Mets won the day by offering a “mega-AAV” over a shorter duration.
| Contract Feature | Details |
| Total Value | $126 Million |
| Duration | 3 Years |
| AAV | $42 Million |
| Opt-Outs | Available after 2026 and 2027 |
| Deferred Money | None (100% “real-time” cash) |
| No-Trade Clause | Full no-trade provision included |
By including opt-outs after every single season, the Mets have essentially given Bichette a series of “one-year trials.” If he continues his elite production, he can hit the market again at age 28 or 29 for another massive payday.
The “Hot Corner” Experiment
The biggest question in Queens today isn’t about the money—it’s about the glove. With Francisco Lindor firmly entrenched at shortstop and newly acquired Gold Glover Marcus Semien at second base, Bichette is headed to a new zip code on the diamond.
- Expected Position: Third Base. Bichette has played 748 professional games at shortstop, but the Mets have officially informed him he will be the starting third baseman for the 2026 season.
- The Transition: While Bichette played second base briefly during Toronto’s 2025 World Series run, he has never played a professional game at the “hot corner.” His arm strength is elite, but his footwork at a new angle will be the talk of Spring Training.
Impact on the Lineup
Bichette is coming off a massive 2025 rebound, during which he slashed .311/.357/.483 and nearly led the AL in hits for the third consecutive time. He provides the Mets with a right-handed “bat-to-ball” machine to balance out a lineup that has become increasingly left-handed.
The New “Murderers’ Row” in Queens:
- SS: Francisco Lindor (S)
- RF: Juan Soto (L)
- 3B: Bo Bichette (R)
- 1B: Jorge Polanco (S)
- 2B: Marcus Semien (R)
- DH: Mark Vientos / Brett Baty (R/L)
The Fallout: Philadelphia Stunned
The most dramatic subplot of the signing is the “11th-hour steal” from the division rival Philadelphia Phillies. Reports from Bob Nightengale suggest the Phillies believed they had a deal in place with Bichette on Thursday night.
The Mets’ “swoop” not only bolsters their own roster but leaves the Phillies scrambling for an impact bat as the free-agent market begins to dry up.
The Luxury Tax Bill
For Steve Cohen, this isn’t just a $126 million commitment. Because the Mets are deep into the “Steve Cohen Tax” bracket, they will pay a 110% tax rate on the majority of Bichette’s salary.
The Real Cost: Including penalties, the Mets will effectively pay nearly $90 million for Bichette’s services in 2026 alone.
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