Jeff McNeil can plan on extending his stay with the Mets.

The All-Star second baseman opted Friday to forgo at least his first two years of free agency, agreeing to a four-year contract extension worth $50 million, an industry source confirmed. The deal, which will become official once McNeil passes a physical, includes a fifth-year option that could bring the total value to $63.75 million.

McNeil, 30, won the batting title last season with a .326 average and posted an .836 OPS. The deal was struck after McNeil, who was arbitration eligible, failed to reach agreement with the Mets this month on a contract for next season. McNeil could have become a free agent after the 2024 season.

Last year, McNeil earned $3 million in his first season of arbitration eligibility. His projected number for his season was $6.2 million.

The Mets value McNeil’s bat and versatility. In addition to second base, he has played third base and corner outfield. He is expected to spend most of his time at second this season with occasional turns in left and right field as needed.

After a disappointing 2021 season, in which he spent significant time on the injured list, McNeil was a trade possibility last winter. He was also involved in an altercation during the 2021 season with Francisco Lindor, who grabbed him by the throat and pinned him to the wall in the tunnel between the dugout and clubhouse after he two argued on the field following a defensive miscommunication.

But the Mets stuck with McNeil and were rewarded, as he became only the second player in franchise history, after Jose Reyes in 2011, to win a batting title. Earlier in the 2022 season, Lindor told McNeil he would buy him a car if McNeil won the batting title. As of last week that debt hadn’t been paid, but a source indicated it could be settled during spring training.

With McNeil’s deal locked up, it’s possible the Mets will turn their focus to Pete Alonso, who can become a free agent after the 2024 season. Alonso — after blasting 40 homers last season — recently avoided arbitration with the club by agreeing to a deal that will pay him $14.5 million this year.

But it’s also possible Alonso will look to test free agency and gamble on a payout on the open market. Brandon Nimmo was a success story in that regard, agreeing in early December to an eight-year deal with the Mets worth $162 million, after extension talks last offseason never really materialized.

Before McNeil’s extension, the Mets had already committed $367 million to payroll for next season, as computed for luxury tax purposes. Team owner Steve Cohen will pay an additional $100 million in penalties for surpassing the third tier of the luxury tax threshold. Edwin Diaz (five years, $102 million) joined Nimmo in receiving a new contract from the Mets and the club signed Jusin Verlander, Kodai Senga, Jose Quintana and David Robertson, among others.