The New York Mets continued their winter spending spree on Friday by agreeing to a four-year, $50 million contract extension with Jeff McNeil, according to ESPN's Jeff Passan.

The deal is pending a physical and also includes a fifth-year option that could bring the value to $63.75 million, Passan added.

McNeil was initially eligible for arbitration in both 2023 and 2024 and would have become a free agent in 2025 had he not put pen to paper on an extension.

The Mets embarked on a massive spending spree this winter when they signed reigning AL Cy Young Award winner Justin Verlander to a two-year, $86.7 million deal on Dec. 7. Two days later on Dec. 9, the club signed left-hander José Quintana to a two-year, $26 million deal.