Jay Bruce

AP source: Mets, Vargas agree to $16 million, 2-year deal

Turns out, the New York Mets were ready and willing to spend this winter. More than just a few bucks, too.

All-Star pitcher Jason Vargas and the Mets agreed to a $16 million, two-year contract Friday, adding depth to a New York rotation that's been riddled by injuries the past two seasons.

The deal is pending a physical, a person familiar with the agreement said, speaking on condition of anonymity because it had not been announced.

Another person familiar with the contract said it includes an $8 million club option for 2020 with a $2 million buyout, and Vargas can earn up to $1.5 million each year in performance bonuses. That person also spoke on condition of...