As of April 27, 2026

$352 Million.
And dead last.

The New York Mets entered 2026 with the highest payroll in Major League Baseball. Twenty-three games in, they own the worst record in the sport — and just snapped a 12-game losing streak that’s the franchise’s longest since 2002.

See the damage
$352MOpening Day Payroll
7–16Record (Worst in MLB)
12Game Losing Streak
.304Winning Percentage

The $102M Drag at the Top of the Order

Three of Steve Cohen’s premium bats, three early-season faceplants. wRC+ of 100 is league average.

SS

Francisco Lindor

71 wRC+
$34.1M / yr

Now also out “a while” with a calf injury after the streak. The franchise cornerstone is producing 29% below league average at the plate.

RF

Juan Soto

DL → Returned
$51M / yr

The $765M offseason headliner missed time with a right calf strain. Came back the night the streak ended. Expected to carry the lineup; can’t carry it from the trainer’s table.

SS

Bo Bichette

65 wRC+
$28M / yr

The free-agent middle-infield bet. So far: a slugging line that wouldn’t play in Triple-A.

2B

Marcus Semien

53 wRC+
$26M / yr

53 wRC+ means he’s been roughly half a league-average hitter. The veteran steady-hand signing has been neither steady nor a hand.

$102.1M

Combined 2026 salary of Lindor, Bichette, and Semien. Combined wRC+: well below the line a Triple-A call-up would put up. There’s a reason every “Are the Mets okay?” column reaches for that number.

Ground Rules

A few things to keep in mind as you watch this slow-motion 9-figure crash.

The Mets are the first team in MLB history to follow a winning season with a 12-game losing streak in April of the next year. Steve Cohen has publicly batted down rumors that the 2026 payroll would slip below 2025’s $342M figure — calling critics “the usual idiots misinterpreting.” The 7-16 start is the worst opening 23 games in baseball, and the rotation has matched the offense step-for-step in falling apart. Soto returned. Lindor went down. The streak ended. The hole did not.