According to Andy Martino of the New York Daily News, the Mets are likely to reach an extension with left-hander Jon Niese before the start of the regular season.
The deal is expected to be comparable to the five-year, $28.5 million contract that the Rangers gave 25-year-old southpaw Derek Holland this spring. Niese, who’s also 25, had a solid season in 2011, posting a 3.36 FIP and 3.28 xFIP. Though his actual ERA checked in at 4.40, he could be primed to take a step forward this season.