All-Star pitcher Edwin Diaz has agreed to a three-year, $69 million contract with the Los Angeles Dodgers, according to a report.

Diaz, who played for the New York Mets between 2019 and 2022 and from 2024 until opting out of his contract this year, will average $23m in salary. MLB Reliever, according to The Athletic.

The 31-year-old recorded a 1.63 ERA with 28 saves in his sixth season with the Mets, as well as earning his third All-Star call-up.

Edwin Diaz Contract: Los Angeles Dodgers ‘Land Pitcher’

The previous record for Diaz’s position was set by the Puerto Rican with a five-year, $102.5m deal with the Mets after the 2022 season.

That contract was less than $95m in current market value due to the suspension, when Diaz opted out with two years remaining.

Edwin locked up #MetsWin. 🔥@SugarDiaz39 | #LGM pic.twitter.com/Ax7IiEBLrz

— New York Mets (@Mets) June 30, 2021

Debuting with the Seattle Mariners, with whom he played between 2016 and 2018, Diaz was projected to sign a four-year, $84 million contract this year.

New York Mets: Williams ‘very motivated’

The two-time defending World Series champion Dodgers waived $15m on a three-year, $51m deal on Devin Williams earlier this month.

Mets president of baseball operations David Stearns said the team is “comfortable” with Diaz taking on the role rather than Williams serving as a backup.

“I’ve definitely seen Devin perform at a very high level for a long time,” Stearns said ESPN. “I have every confidence that he can be one of the best relievers in baseball.

“He’s very motivated to do that and I’m looking forward to seeing him. We do our best to weigh the full impact of any player on our team – on our organization – and make the best decision we can.

“I’m not going to talk about any specific negotiations. What I will say is that once you add a certain part of our team, it generally changes the calculus of how you view your team.”

Williams posted a 1.83 ERA over six seasons with the Milwaukee Brewers before posting a 4.79 ERA in 67 appearances with the New York Yankees in 2025.