The Yankees and Mets agreed to deals with multiple key players Thursday to avoid arbitration and lock in their 2026 salaries.
Thursday marked the final day that teams and arbitration-eligible players could exchange numbers.
Typically, players with between three and six years of MLB service are arbitration eligible. Any such players who did not agree to deals with their respective teams will now go to an arbitration hearing, where their 2026 salaries will be determined.
Here are the players the Yankees and Mets came to terms with before Thursday’s deadline:
YANKEES
Camilo Doval
The right-handed reliever reached a deal that will pay him $6.1 million this season, the Daily News confirmed.
The hard-throwing Doval pitched to a 4.82 ERA in 22 appearances after being acquired by the Yankees in a midseason trade with the San Francisco Giants.
But Doval, 23, was a 2023 All-Star and is expected to be a key part of the Yankees’ bullpen this year.
David Bednar
Bednar quickly emerged as the Yankees’ closer after being acquired in a midseason trade with the Pittsburgh Pirates. He went 4-0 with a 2.19 ERA and 10 saves in 22 appearances as a Yankee.
The two-time All-Star is now set to earn $9 million in 2026, a source confirmed to the Daily News.
METS
David Peterson
Peterson parlayed a solid 2025 season into a nice payday, as he agreed to a $8.1 million contract for 2026 with the Mets, according to The Athletic.
The left-hander was a first-time All-Star in 2025, and although he struggled down the stretch, Peterson finished with a 9-6 record and a 4.22 ERA over 30 starts.
Francisco Alvarez
The 24-year-old catcher is due to make $2.4 million, per The Athletic.
Alvarez endured injuries and a month-long demotion in 2025, but he finished with respectable numbers, hitting .256 with 11 home runs in 76 games.
Luis Torrens
Fellow catcher Torrens is reportedly due to make $2.3 million.
Torrens is the Mets’ backup catcher, but he appeared in 92 games in 2025, batting .226 with five homers while being named a finalist for the National League Gold Glove.
Tylor Megill and Reed Garrett
Megill likely won’t pitch in 2026 after undergoing Tommy John surgery in September, but he will reportedly earn $2.5 million this season.
It’s a similar situation for reliever Reed Garrett, who will reportedly make $1.3 million as he recovers from the Tommy John surgery he underwent in October.
Huascar Brazobán
Brazobán is set to earn $1.05 million. The right-handed reliever, 36, went 5-2 with a 3.57 ERA over 52 appearances in 2025.
