The Mets made their signing of right-hander Ryne Stanek official today. Per Will Sammon of The Athletic, right-hander Dylan Covey has been designated for assignment as the corresponding move.
Covey, 33, has never pitched for the Mets. He was with the Phillies in 2024 but was outrighted off their roster in August. He elected free agency at season’s end and the Mets signed him to a big league deal at the end of October.
The righty has been a starter for most of his career but converted to relief work more recently. He tossed 39 innings out of the Philly bullpen in 2023 with a 3.69 earned run average. His 15.6% strikeout rate wasn’t strong but he did manage to get ground balls on 54% of balls in play.
He wasn’t really able to follow that up in 2024. He started the season on the injured list due to a right shoulder strain, eventually getting transferred to the 60-day IL. He wasn’t able to start a rehab assignment until late July. Once he was healthy, the Phils ran him through waivers instead of adding him back to the roster. Before the offseason came, he managed to toss 15 Triple-A innings with a 1.20 ERA, 27.6% strikeout rate, 12.1% walk rate and 71.4% ground ball rate.
Covey has always been a ground ball guy, so perhaps the Mets were intrigued but that uptick in strikeouts to end the season. Per the Associated Press, his deal pays him an $850K salary while in the majors and $350K while in the minors.
That minor league salary is relatively large, which is probably by design. Per the minor league collective bargaining agreement that was worked out a couple of years ago, the Triple-A minimum salary is just under $36K, so Covey’s is almost ten times that.
If he were to clear waivers, he would have the right to elect free agency since he has more than three years of big league service time. But since he has less than five years of service, heading to the open market would mean forfeiting what’s left of his deal. If he clears waivers, that means no club is willing to give him a big league roster spot, meaning he would likely be limited to minor league offers on the open market. That means he should probably just keep his current minor league deal. It’s possible that all comes to pass in the next few days. If it does, the Mets will get to keep Covey as some bullpen depth but without him taking up a roster spot.