The Mets and Addison Reed settled on a $7.75 million salary for the 2017 season, avoiding arbitration. The 28-year-old is in his final year of team control, and barring an extension with the Mets sometime between now and the end of this year’s World Series, he’d be eligible for free agency.

Acquired down the stretch in 2015 for peanuts, Reed has been nothing short of excellent since joining the Mets. In 93.0 innings over 97 appearances with the team, he has a 1.84 ERA and 2.10 FIP. That made him one of the very best relievers in baseball over that span.

The projections at MLB Trade Rumors thought Reed would make quite a bit more this year—$10.6 million, to be exact—than what he got. He figures to be a major part of the Mets’ season, especially if Jeurys Familia is suspended for a significant amount of time at the beginning of the season.