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Niese press conference Saturday

The Mets plan to announce Jon Niese's new contract, which guarantees the southpaw $25.5195 million, at a press conference on Saturday. Niese is scheduled to undergo a physical during Friday's team off-day.

Jonathon Niese

Jonathon Niese

#49 SP
New York Mets

2012 STATS

  • GM-
  • W-

  • L-

  • BB-

  • K-

  • ERA-

Originally Niese would have made $519,500 this season, and would not have been eligible for free agency until after the 2015 season.

Now, he gets a $250,000 signing bonus and $769,500 salary this season, for a total of $1.0195 million.

His salary jumps to $3 million in 2013, $5 million in 2014, $7 million in 2015 and $9 million in 2016.

The Mets hold options for 2017 at $10 million (with a $500,000 buyout) and $10.5 million for 2018 (with a $500,000 buyout).

So the total value of the deal could be $45.5195 million.