Flushing, NY – The New York Mets made it official on Monday year contract.
Financial terms were not disclosed, but reports at the Winter Meetings earlier this month indicated the pact to be worth $12 million.
Francisco is expected to become the closer for the Mets. He was 1-4 with 17 saves and a 3.55 earned run average in 54 games for Toronto last year. He converted each of his seven save opportunities and posted a 1.37 ERA after the All-Star break.
The 32-year-old right-hander notched 25 saves in 2009 with Texas, then helped the Rangers to the World Series in 2010 in a set up role. He ranks fifth among American League relievers with 302 strikeouts over the last five seasons.
Francisco owns a career record of 18-19 with 49 saves and a 3.72 ERA in 331 games over seven seasons with Texas and Toronto. He has also fanned 368 batters in 334 lifetime innings.