LAKE BUENA VISTA, Fla. -- The New York Mets have reached agreement on a two-year, $20 million deal with free-agent right-hander Bartolo Colon, a source told ESPNNewYork.com.
The contract will be completed once Colon passes a physical.
Mets blog Looking for more information on the Mets? Harvey is due to miss 2014 recovering from Tommy John surgery.
The deal comes a day after the Mets formally announced the signing of outfielder Curtis Granderson to a four-year, $60 million contract. Although often dinged for their payroll constraints, the Mets already have committed $87.25 million to free-agent contracts this offseason.
"Excellent signing by Mets," one National League scout told ESPNNewYork.com after learning of the Colon deal. Or the Mets could go for a low-cost free agent such as re-signing Daisuke Matsuzaka or Aaron Harang.
Either way, it would buy time until the Mets promote top prospect Noah Syndergaard midway through the season. Meanwhile, with their outfield now bolstered with the additions of Granderson and Chris Young, and with the impending Colon signing lessening the sting of losing Harvey for 2014, the Mets now can focus on trying to trade from their surplus at first base.
The Mets have been trying to shop Ike Davis to teams including the Milwaukee Brewers, Tampa Bay Rays and Pittsburgh Pirates. "We don't expect to get in that business."