The New York Mets incurred $97.116 million in luxury tax penalties in 2024, marking them as one of the top spenders in MLB. They challenged the Dodgers in the National League Championship Series but were ultimately defeated in six games. The Mets remained aggressive in the free agency market, signing star outfielder Juan Soto to a record-breaking 15-year, $765 million contract.

Juan Soto signed a record-breaking 15-year contract worth $765 million with the Mets, highlighting the team's aggressive approach to building a competitive roster despite facing luxury tax penalties.

The Mets have actively pursued Roki Sasaki, being one of the first teams to hold an in-person meeting with the Japanese right-hander. Their president of baseball operations, David Stearns, emphasized the team's commitment to showcasing their unique resources and expertise in transitioning Japanese pitchers to the MLB. The Mets are seen as strong contenders due to their ability to offer endorsements, a winning environment, and a focus on pitching development, which could significantly influence Sasaki's decision.

The New York Mets are noted for having one of the highest payrolls in baseball, which contributed to their successful postseason appearance. Their spending strategy aligns with other top teams like the Dodgers and Yankees, showcasing a commitment to acquiring talent.

The New York Mets owe $97.1 million in luxury tax, raising their total under owner Steve Cohen to nearly $229 million, reflecting the team's aggressive spending strategy.