In a headline‑making move that set a new record for MLB relievers, the Los Angeles Dodgers signed former New York Mets closer Edwin Diaz to a three‑year, $69 million contract.
Record‑Setting Contract
The three‑year deal averages $23 million per year, a figure that The Athletic’s Will Sammon first reported and ESPN’s Jeff Passan confirmed on Tuesday. Passan added that the $23 million average annual value is a new record for MLB relievers.
Diaz, 31, will be the defending Reliever of the Year for 2026, joining the two‑time defending World Series champions in that year.
Diaz’s Career Highlights
Diaz has been one of the game’s most reliable closers since his first All‑Star appearance in 2018. He has earned the Reliever of the Year award three times (2018, 2022, 2025) and has amassed 253 career saves, a total that is tied for fourth among active players.
Impact on Dodgers Bullpen
The Dodgers’ bullpen was the team’s biggest weakness in 2025, but the issue was largely resolved during the postseason. Rookie Roki Sasaki played a key role in that improvement. With Diaz now handling closing duties, Sasaki could move back to the starting rotation in 2026.
Mets’ New Closer
Last week, the New York Mets signed reliever Devin Williams away from the New York Yankees. Williams, a right‑hander, is expected to fill the role that Diaz will have taken on as the Mets’ closer in 2026.
2026 Schedule Release
The MLB released the 2026 regular season schedule, outlining key dates and events for the upcoming season. The schedule release is a routine part of the offseason, providing teams and fans with the framework for the year ahead.
Key Takeaways
- Edwin Diaz signed a record three‑year, $69 million contract with the Dodgers.
- The $23 million average annual value is the highest ever for an MLB reliever.
- Diaz will be the defending Reliever of the Year in 2026 and will join the Dodgers, the two‑time defending World Series champions.
The Dodgers’ bullpen is set for a strong finish, with Diaz closing games and Sasaki potentially returning to the starting rotation. Meanwhile, the Mets are positioning Devin Williams as their new closer, preparing for a competitive 2026 season.
The 2026 schedule release gives teams a roadmap for the year, and the Dodgers’ acquisition of Diaz marks a significant step toward maintaining their championship momentum.
