By Sunday 
New York’s aggressive spending solidifies its position at the top of baseball’s payroll rankings
The New York Mets have once again set the standard for financial commitment in Major League Baseball. For the third straight season, the franchise has led all teams in payroll spending, reaffirming owner Steve Cohen’s willingness to go all-in on building a championship contender.
Big Spending, Big Expectations
Under Cohen’s ownership, which began in November 2020, the Mets have consistently been among the league’s highest spenders. However, it wasn’t until the 2022 season that they officially took the top spot, thanks to blockbuster moves like signing Max Scherzer to a record-breaking average annual value (AAV) contract and committing to Francisco Lindor’s $341 million deal.
Last season, the Mets shattered MLB payroll records with a staggering $333.3 million spent on their regular-season roster. When factoring in luxury tax penalties, the total ballooned to an eye-watering $430.4 million. Despite the financial investment, the team’s results have been mixed, with two Wild Card appearances and their first National League Championship Series (NLCS) trip in nearly a decade.
The Juan Soto Effect
The Mets doubled down this offseason by signing superstar outfielder Juan Soto to a historic 15-year, $765 million contract. The move signaled Cohen’s unwavering commitment to assembling a roster capable of delivering a championship to Queens.
While New York’s spending spree has drawn comparisons to the Los Angeles Dodgers, who now sit just ahead of them in total payroll for 2025, the Mets remain among the most aggressive buyers in baseball.
Will Spending Translate to Success?
Over the past three seasons, the Mets have compiled a 265-221 record, proving they are competitive but not yet dominant. The question remains whether Cohen’s financial muscle will translate into consistent postseason success.
As the 2025 season unfolds, all eyes will be on New York to see if their heavy investments finally pay off in the form of a World Series title.