The Sporting News’ Ken Rosenthal is reporting the Mets have signed reliever Billy Wagner to a 4 year, $43 million contract — all 4 years are guaranteed, with the Mets holding an option for a 5th year that could push the value of the deal to $50 million.

WFAN’s Chris Russo says the Mets’ opting for Billy Wagner (35 years old) over Trevor Hoffman (38) is “a tough call”. Replied Mike Francesca, “I didn’t see Hoffman pitch once last year.”, which makes sense considering the Padres play a lot of late games and Francesca probably has to get up by noon.

Earlier today, the Mets announced the acquisition of Pirates OF Tike Redman.