According to a source close to Newsday’s David Lennon, the New York Mets have hired Terry Collins as the team’s next manager. New York Posts’ Mike Puma reports that Collins has approved the two-year agreement. Collins will be officially announced at a press conference on Monday.

Collins has been competing with Wally Backman, Bob Melvin and Chip Hale as the finalists for the open position. GM Sandy Alderson liked Collins’ experience as a previous Major League manager and his understanding of the Mets’ farm system, according to sources close to Puma.

Collins was believed to be the favorite for the job earlier this month. The 61-year-old previously managed the Houston Astros form 1994-1996 and the Los Angeles Angels manager from 1997-1999. He compiled a career 444-434 record. His only downside is that he’s never managed a team to the playoffs before.