The New York Mets hired Derek Falvey as a senior front office executive, ending his nine-year tenure as President of Baseball Operations for the Minnesota Twins. Falvey will work under General Manager Jeff Stearns, reuniting a pairing from their Cleveland front office days when both worked under Chris Antonetti between 2013 and 2016.
Falvey ran Minnesota's baseball operations from 2016 through 2024, producing four playoff appearances and a 479-534 regular season record. His tenure delivered two division titles (2019, 2020) but also five consecutive postseason series losses and a farm system that ranked in the bottom third by midseason 2024. Owner Steve Cohen is paying Falvey to assess acquisition targets and organizational infrastructure, not to make final decisions—those remain with Stearns, who joined the Mets from Milwaukee in October 2024 on a five-year deal worth approximately $25 million.
The hire signals Cohen's willingness to stack experienced operators rather than chase headline names. Falvey's Minnesota work included signing Carlos Correa to a $200 million deal after the Giants and Mets both walked away over medical concerns, then extending him for six years at $200 million when the shortstop proved durable. He also oversaw the $105 million Byron Buxton extension and the trade that brought José Berríos from Minnesota to Toronto for Austin Martin and Simeon Woods Richardson. Martin never reached the majors for Toronto; Woods Richardson posted a 4.88 ERA in 28 starts for Minnesota in 2024. Stearns will want Falvey's Rolodex but not necessarily his track record on star extensions.
For sponsors and stadium operators, the hire confirms Cohen is building for a multi-year contention window rather than a single 2025 push. The Mets already committed $765 million to Juan Soto on a fifteen-year deal in December, added $182 million for Clay Holmes and Frankie Montas, and re-signed Sean Manaea for $75 million over three years. Falvey's presence suggests more multi-year commitments are coming, which matters for Citi Field naming rights negotiations—Cohen's SNY network deal expires after 2025, and a front office planning five years out makes the stadium asset more valuable to title sponsors pricing $20 million annual slots.
Agents will circle Falvey's arrival as a signal the Mets are evaluating controllable talent for extensions rather than waiting until free agency. Minnesota extended Jorge Polanco, Buxton, and Correa under Falvey; the Mets roster includes Francisco Lindor (signed through 2031), Brandon Nimmo (through 2029), and arbitration-eligible arms like David Peterson. Stearns and Falvey both worked under Cleveland's model of locking cost-controlled players early, and Cohen's checkbook removes the budget constraints that limited Minnesota.
Watch whether Falvey recruits additional Minnesota front office staff—assistant GMs Jeremy Zoll and Daniel Adler remain with the Twins, and either could follow if Cohen approves expanded headcount. Minnesota's scouting and analytics infrastructure reported to Falvey, and Stearns is still filling roles under his own structure. The Twins hired Dave St. Peter, their longtime business-side president, as Falvey's replacement, signaling ownership wants continuity rather than a full reset. That keeps Minnesota's trade market active if Falvey identifies Twins talent he knows from 8,000 miles of scouting reports.
The Mets open Grapefruit League play February 22 in Port St. Lucie. Falvey will spend that month watching arms Stearns inherited and evaluating which relievers can handle October leverage. His last October was 2023, when the Twins got swept by Houston in the Wild Card round.
The takeaway
Falvey's Twins went **0-18** in postseason games from **2020**-**2023**; Stearns is betting the operator knowledge transfers without the October results.
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