Collins news conference set for Monday

Collins news conference set for Monday

Collins news conference set for Monday

NEW YORK -- The Mets will waste no time giving manager Terry Collins his new contract, scheduling a 12 p.m. ET news conference Monday at Citi Field.

The Mets plan to announce that Collins, 64, will receive a two-year extension with a third-year option, according to a source. The deal is reportedly worth slightly north of $1 million per season.

"I've been in baseball for 42 years," Collins said on Saturday. "This is what I do. This is what I enjoy. This is the fun part of the game to compete every night. When you're my age, you walk in there and those guys -- you look around, you hang around them and it keeps you young. So it would be a blast. But we'll wait till the end of the year to smile about it."

Anthony DiComo is a reporter for MLB.com. Follow him on Twitter @AnthonyDicomo. Chris Iseman is an associate reporter for MLB.com. This story was not subject to the approval of Major League Baseball or its clubs.