Yankees, Mets avoid arbitration with remaining eligible players

The Yankees and Mets agreed to deals with all of their remaining arbitration-eligible players on Thursday, locking in their salaries for 2026.

Thursday marked the last day that arbitration-eligible teams and players could exchange numbers.

Typically, players with three to six years of MLB service are eligible for arbitration. All of these players who have not agreed to deals with their respective teams will now head to an arbitration hearing, where their salaries for 2026 will be determined.

Here are the players the Yankees and Mets reached terms with before Thursday’s deadline:

YANKES

Jazz Chisholm Jr.

Jazz Chisholm Jr. earned the biggest payday of the bunch, agreeing to a $10.2 million deal with the Yankees, the Daily News has confirmed.

Chisholm, who was in his final year of arbitration eligibility, hit 31 home runs and 31 stolen bases during an All-Star season in 2025.

Camilo Doval

The right-handed reliever has reached a deal that will pay him $6.1 million this season, the Daily News confirmed.

Power pitcher Doval had 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 should 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 expected to earn $9 million in 2026, a source told the Daily News.

Anthony Volpe

Volpe, who was arbitration eligible for the first time, will earn $3.475 million, per YES Network.

The 24-year-old shortstop hit .212 with 19 homers and a .663 OPS in 2025, playing through a partially torn left shoulder for much of the season.

He is expected to miss the start of the 2026 season after undergoing shoulder surgery in the offseason.

Luis Gil

A final strain delayed Gil’s debut in the 2025 season until early August, and he achieved a 4–1 record and 3.32 ERA in 11 starts upon his return.

The 27-year-old is expected to earn $2.1625 million this season, according to YES Network.

Fernando Cruz

The 35-year-old split-happy Cruz was a bullpen weapon in his first season with the Yankees, with a 3.56 ERA and 72 strikeouts in 48.0 innings.

He agreed to a $1.45 million contract through 2026, per YES Network.

Jose Caballero

Caballero reportedly settled for $2 million.

Last season, the speedy utilityman led the majors with 49 stolen bases, including 15 after being traded to the Yankees by the Tampa Bay Rays in late July.

Jake Bird

The Yankees announced they had reached an agreement with reliever Jake Bird, but terms were not immediately available.

Bird, 30, allowed six runs in two innings in three appearances with the Yankees after arriving in a midseason trade with the Colorado Rockies. He then spent the remainder of the season at Triple-A Scranton/Wilkes-Barre.

MET

David Peterson

Peterson turned a strong 2025 season into a nice payday, agreeing to an $8.1 million contract for 2026 with the Mets, according to The Athletic.

The left-hander was an All-Star for the first time 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 receiver is set to earn $2.4 million, according to The Athletic.

Alvarez suffered injuries and a month-long demotion in 2025, but he finished with respectable numbers, hitting .256 with 11 homers in 76 games.

Luis Torrens

His compatriot Torrens is expected to earn $2.3 million.

Torrens is the Mets’ backup catcher, but he has appeared in 92 games in 2025, batting .226 with five home runs 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 would make $2.5 million this season.

The situation is similar for reliever Reed Garrett, who would earn $1.3 million while recovering from the Tommy John surgery he underwent in October.

Huascar Brazoban

Brazobán is expected to earn $1.05 million. The right-handed reliever, 36, went 5-2 with a 3.57 ERA in 52 appearances in 2025.