The designation will occur on Saturday, Alderson said.
Harvey would have been eligible for free agency after this season.
That continued into this year, as Harvey now has an ERA of 7.00 in 27 innings. If he finds an organization willing to let him start, he may have enough left in the tank to be an effective back-end starter, but his fantasy value has likely never been lower.
"I really like Matt", Alderson said during a press conference Friday. "Matt has been a cornerstone of my time here".
Harvey voiced to the Mets that he wasn't interested in going to the minor leagues and finding himself like other great pitchers have done in the past. Since losing his rotation spot, he has a 10.50 ERA in four relief appearances.
Matt Harvey to Yankees? Breaking down the potential pursuit
Harvey was named the starting pitcher for the 2013 MLB All-Star Game at Citi Field, getting the nod over Clayton Kershaw. He had a 2.53 ERA with 449 strikeouts and 333 hits allowed in 65 starts from 2012 through 2015 despite missing all of 2014 after Tommy John surgery. But he slumped the following year and had surgery to correct Thoracic Outlet Syndrome. And he sounded conflicted when he referred to Harvey as "an appealing, likable and vulnerable individual, " and insisted that a part of him is going to miss having Harvey around the team each day.
Harvey, 29, embodied the rise of the Mets from a losing franchise to a World Series contender, but his time with the team was littered with brilliance, bravado, injuries and hard living. Even if Harvey and Mets management had distinctly different visions for his future, they were in agreement on one thing: The time had come to say goodbye.
Harvey was relegated to the bullpen this year after struggling as a starter, and the Mets this week asked him to go to the minors to try to work out his problems. The move to the bullpen was dramatic in itself. As a player with five years of major league service, he can not be assigned to the minor leagues without his consent. "It's our job to help every player in here".
Last season, Harvey was suspended for three games after he did not show up for a game at Citi Field. Over the last two seasons, he's put forth a 6.77 ERA and struck out just over a batter per walk issued.
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