What is the new contract for Edwin Díaz with the Dodgers?

Edwin Díaz has agreed to a three-year contract with the Los Angeles Dodgers worth $69 million.

Which team did Edwin Díaz previously play for?

Edwin Díaz was the closer for the New York Mets before signing with the Los Angeles Dodgers.

How does Edwin Díaz's contract affect the Mets?

Because Díaz rejected a qualifying offer from the Mets, they will receive a compensation pick after the fourth round of the 2026 MLB Draft.

Home / Sports / Dodgers Lock Down Elite Closer Diaz for $69M

Dodgers Lock Down Elite Closer Diaz for $69M

9 Dec

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Summary

Edwin Díaz agreed to a three-year, $69 million contract with the Dodgers.
The deal sets a new average annual value for reliever contracts in baseball.
The Dodgers' bullpen struggled last season despite significant investment.

Dodgers Lock Down Elite Closer Diaz for $69M

The Los Angeles Dodgers have secured one of baseball's top relief pitchers, Edwin Díaz, with a reported three-year, $69 million contract. This significant deal establishes a new benchmark for average annual value in reliever contracts, reflecting Díaz's elite status in the league. His previous contract with the Mets, which had two years and $37 million remaining, was opted out of by Díaz.

The Dodgers' bullpen was a notable weakness last season, even after spending $111 million on relievers like Tanner Scott, Blake Treinen, and Kirby Yates. These pitchers experienced some of their worst seasons, with Yates out for the year and Scott unavailable due to surgery. Despite these issues, Scott and Treinen remain under contract for the upcoming season.

Díaz brings impressive credentials, leading the National League in ERA and strikeout rate in 2025. However, his recent history includes a mixed bag of performance, with an injury in 2023 and a less dominant 2024 season. Despite these past concerns, the Dodgers are betting heavily on his potential to deliver dominant closing performances in high-stakes games.