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Pete Alonso

MLBTR Podcast: Pete Alonso’s Deal, And Potential Landing Spots For Bregman and Arenado

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The latest episode of the MLB Trade Rumors Podcast is now live on Spotify, Apple Podcasts, and wherever you get your podcasts! Make sure you subscribe as well! You can also use the player at this link to listen, if you don’t use Spotify or Apple for podcasts.

This week, host Darragh McDonald is joined by Anthony Franco of MLB Trade Rumors to discuss…

  • Pete Alonso re-signing with the Mets (1:45)
  • What’s next for the Blue Jays after not getting Alonso? (9:25)
  • Will the Mets and Alonso going to reunite again in the future or will this be it? (12:55)

Plus, we answer your questions, including…

  • What teams could still sign Alex Bregman? (17:50)
  • Can the Cardinals trade Nolan Arenado to the Red Sox? (29:20)
  • Do the Orioles need an ace? (37:55)
  • What are the Marlins building right now? (39:30)

Check out our past episodes!

The podcast intro and outro song “So Long” is provided courtesy of the band Showoff.  Check out their Facebook page here!

Krall: Reds Likely To Open Camp With Current Roster

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The Reds have added $11MM to their payroll within the past two days. They signed outfielder Austin Hays to a one-year deal with a mutual option and assumed $6MM of the $12MM remaining on Taylor Rogers’ contract. They also inked veteran southpaw Wade Miley to a minor league deal that’d come with a $2.5MM base salary if he breaks camp.

It seems that’ll settle the roster going into Spring Training. President of baseball operations Nick Krall tells Gordon Wittenmyer of the Cincinnati Enquirer that the Reds are “probably in a spot where this is (the) team going to camp.” Krall didn’t firmly shut the door on making any other moves — no front office head would — but it appears the Reds are content to take this group into Spring Training.

Earlier this evening, Jon Heyman of the New York Post floated the Reds as a potential dark horse fit for Pete Alonso. Cincinnati’s first base mix is a question after Jeimer Candelario and Christian Encarnacion-Strand struggled last season. Encarnacion-Strand was limited to 29 games before undergoing season-ending wrist surgery. While Alonso would unquestionably raise the floor, it’s hard to see a scenario in which Cincinnati would meet his asking price.

Alonso is reportedly open to a short-term deal with opt-outs after the market didn’t present the longer term he was seeking. That’ll only increase the average annual value, though, which is probably a non-starter for Cincinnati. Shortly after acquiring Gavin Lux from the Dodgers, Krall said the Reds didn’t have “a ton” of payroll space. Their subsequent local TV deal with Main Street Sports (the rebranded Diamond Sports Group) created some spending room for the Hays and Rogers investments. Offering $25MM+ annually to lure Alonso to Cincinnati would be on a completely different level.

RosterResource calculates the Reds’ payroll around $115MM. They finished last season in the $100MM range. According to Cot’s Contracts, Cincinnati’s franchise-record Opening Day payroll was around $127MM back in 2019.

Mets Notes: Alonso, Stanek, Jansen

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Per reporting from earlier this week, the Mets have an agreement in place to re-sign Ryne Stanek to a one-year deal. They almost made a very different bullpen addition, however. Both Andy Martino of SNY and Ken Rosenthal and Will Sammon of The Athletic report that the Mets were talking to Kenley Jansen before agreeing to terms with Stanek.

The report from The Athletic suggests that the Mets couldn’t get the deal done, in part, because Jansen is looking for a chance to close. He currently has 447 saves, which puts him fourth on the all-time list. The 37-year-old doesn’t have much hope of catching Mariano Rivera (652 saves) or Trevor Hoffman (601), but he is just 53 away from getting to the 500-save plateau. He’s also not far from passing Lee Smith, who is in third place with 478, though Craig Kimbrel is also right behind Jansen at 440 and still active.

The Mets can’t really offer Jansen the closing role he’s looking for, however, as they have Edwin Díaz cemented as their ninth-inning guy. Jansen has also received reported interest from clubs such as the Tigers, Blue Jays and Cubs this winter, though likely has talked to several others without it leaking out. Those three clubs have all made bullpen additions this winter, with the Tigers signing Tommy Kahnle, the Jays signing Jeff Hoffman and Yimi García and the Cubs acquiring Ryan Pressly.

In the latter case, Pressly waived his no-trade clause from the Astros because he was unhappy with that club signing Josh Hader to replace him as the closer. It would therefore be quite stunning if the Cubs did the same thing to him by signing Jansen. The Tigers and Jays are better on-paper fits for bringing in a closer, though there are plenty of others. The Nationals, Angels, Diamondbacks and Brewers are some clubs that have competitive aspirations and don’t have a surefire closer.

Turning back to the Mets, Martino suggests that getting Stanek instead of Jansen keeps the door open a crack for a Pete Alonso return, since Jansen will surely sign for more than the $4.5MM guaranteed that Stanek got. The report from The Athletic suggests that, in addition to the lack of a closing opportunity, the Mets didn’t like Jansen’s price tag. No details were provided on what he’s looking for but late-30s relievers like Kirby Yates, Aroldis Chapman and Blake Treinen each got eight-figure salaries this winter.

The staredown between Alonso and the Mets has been going on for quite some time now. It does appear there is some mutual interest in a reunion, though the club’s behavior suggests they’re not too worried about him leaving. A couple of weeks ago, it was reported that they offered him a three-year deal that was valued in the $68-70MM range. When he and his representatives at the Boras Corporation turned that down, they reportedly decided it was time to leave the table and pivot to other options.

In the past few weeks, the Mets have seemingly pivoted to spreading money around to various other players. They have added A.J. Minter and Stanek to the bullpen in recent weeks, as well as bringing Jesse Winker back into the position player mix. None of those moves have explicitly blocked the path to a reunion with Alonso, but it’s possible they signal a willingness to spend their remaining budget on multiple smaller moves.

Both Martino and Will Sammon of The Athletic report that a depth/utility infielder is a remaining item on the to-do list. Jose Iglesias was a revelation for them in 2024, hitting .337/.381/.448 in 85 games, but became a free agent at season’s end. The Mets have a cluster of young infielders in Mark Vientos, Luisangel Acuña, Ronny Mauricio and Brett Baty but likely want all of those guys getting regular playing time, either in the majors or the minors. Therefore, bringing back the still-unsigned Iglesias or some other veteran for a part-time role is a sensible addition.

RosterResource currently projects the club for a $301MM payroll and a $297MM competitive balance tax number. They had those numbers in the $330-360MM range in each of the past two years, so they could certainly still add a big contract if willing to get up there again. But despite the seemingly endless resources of owner Steve Cohen, president of baseball operations David Stearns has taken a disciplined approach to roster building. Rather than go for the top free agent pitchers like Corbin Burnes or Max Fried, he opted for shorter deals for Sean Manaea, Frankie Montas and Clay Holmes, in addition to playing hardball with fan favorite Alonso.

Alonso’s situation is one of the biggest unresolved storylines of the offseason, with pitchers and catchers set to report to spring training in about two weeks. Despite his huge home run power, he hasn’t found a contract offer to his liking yet. That’s likely due to his limited overall profile, as his defense, baserunning and pure hitting skills aren’t considered as strong as the power. His offense was also a bit lower in the past two years compared to his previous seasons. If he doesn’t return to Queens, clubs like the Blue Jays, Angels and Giants have also been in the mix for his services, but the offers from those clubs presumably haven’t been overwhelming, given that he is still unsigned.

Despite the frustrating winter, it doesn’t appear an agency change is upcoming. Per Ben Nicholson-Smith of Sportsnet, agents are being told they can’t contact Alonso, seemingly because the first baseman has no interest in switching representation at this time. The first baseman had switched before, going from Apex Baseball to Boras at the end of the 2023 season. Though his free agency is playing out in frustrating fashion, it’s understandable that he doesn’t view now as a good time to make such a significant change, with the new season so close.

It’s theoretically possible that he decides to switch representation later, as Jordan Montgomery did last spring. After his disappointing trip to free agency led to a two-year deal with the Diamondbacks, the lefty switched to Joel Wolfe and Nick Chanock of Wasserman in April and later said that Boras “kind of butchered” his free agency. On the other hand, Blake Snell defended Boras after he also had to settle for a two-year deal. Snell ended up opting out and securing a five-year, $182MM deal with the Dodgers this winter. Matt Chapman and Cody Bellinger also had disappointing free agencies with Boras last winter and have stuck with him. Chapman ended up getting a six-year, $151MM extension from the Giants. Bellinger didn’t use the first opt-out on his three-year deal but will have another chance after the upcoming season.

Poll: Will Jack Flaherty Or Pete Alonso Sign First?

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Just a couple of weeks remain before pitchers and catchers report for spring training, and 32 of MLBTR’s Top 50 MLB Free Agents have signed. That includes 17 of the top 20, with only third baseman Alex Bregman, first baseman Pete Alonso, and right-hander Jack Flaherty still remaining in that upper tier. Bregman’s market has appeared to pick up in recent days, even as he’s stuck to his guns on seeking a long-term contract, but things have remained fairly static for both Alonso and Flaherty.

That lack of movement has come in spite of both players beginning to consider shorter-term offers to at least some degree. In Flaherty’s case, it was reported earlier this month that his camp is “open” to short-term offers after spending much of the winter looking for a five-year deal. Alonso surely entered free agency seeking a long-term pact, but the interest he’s received has been focused on shorter-term arrangements similar to the ones signed by players like Cody Bellinger and Blake Snell last winter. Though he’s open to shorter-term pacts, he rejected a three-year offer from the Mets that guaranteed him around $70MM; his camp had reportedly offered the Mets a three-year deal at a higher annual salary that contained opt-out clauses.

Both Alonso and Flaherty saw their difficult trips through free agency spur candid public comments this weekend. In Flaherty’s case, he delivered those comments himself in an interview where he discussed his “weird” free agency before suggesting that many teams have become somewhat complacent in pursuing just the opportunity to make the postseason rather than trying to construct the best team possible. For Alonso, it was Mets owner Steve Cohen who described “exhausting” negotiations with the club’s longtime first baseman. Cohen noted that he made a “significant” offer to Alonso’s camp but hasn’t been interested in the contract structures being presented by them, calling the deals “highly asymmetric” against the team.

Flaherty and Alonso are two of the more difficult players to evaluate in this winter’s crop of free agents. Flaherty had an undeniably excellent platform season in 2024, pitching to a 3.17 ERA (127 ERA+) in 28 starts between the Tigers and Dodgers while striking out 29.9% of opponents. That was his first time making it to 150 innings in five years, however, as he pitched just 299 innings total over the 2020-23 seasons. That four-year stretch saw Flaherty struggle on a rate basis, as well, with a pedestrian 4.42 ERA (94 ERA+) and 4.36 FIP. In conjunction with high-profile reports around the trade deadline that brought forth concerns regarding Flaherty’s medical records, clubs have been reluctant to commit to the right-hander long term even in spite of his demonstrated upside.

For Alonso, the divisiveness is to be expected for a player with his profile. The slugger’s titanic power allowed him to explode onto the scene back in 2019 when he won Rookie of the Year, crushed 53 homers, and became an instant star. From 2019 to 2022, Alonso slashed .261/.349/.535 (137 wRC+) with 146 homers in 530 games and established himself as a consistent four-win player. The past two seasons have been less productive. He’s hit .229/.324/.480 (121 wRC+) since 2023 with career-worst 34 home runs in 2024. That’s still well above average, but now that Alonso’s bat has seemingly taken a step back from “elite,” his poor defense and relatively pedestrian on-base ability have are more problematic. Alonso’s star power and slugging ability appear to suggest he should be in line for a healthy long-term deal, but the market has moved away from this type of skill set. Were Alonso still in his mid-20s, perhaps it’d be overlooked, but he turned 30 in December.

The start of spring training hasn’t always been enough to convince star players who linger on market to sign, but it’s a strong incentive for players to accelerate talks. Further, the struggles of late signees who miss significant portions of spring training (Jordan Montgomery being the most prominent recent example) could further incentivize players to get a deal in place soon.

Who will be off the board first? Will Alonso be able to reach an agreement that bridges the gap between his peak and more recent production? Or will Flaherty find a team willing to gamble on his excellent 2024 but shaky track record from 2020-23? Have your say in the poll below:

Who Will Sign First?
Jack Flaherty 55.22% (5,159 votes)
Pete Alonso 44.78% (4,184 votes)
Total Votes: 9,343

Mets Owner Steve Cohen Discusses “Exhausting” Pete Alonso Talks

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Talks between the Mets and Pete Alonso’s agents at the Boras Corporation seemingly hit an impasse last week, as reports emerged that the Mets expected Alonso to sign elsewhere after the two sides each rejected the other’s three-year contract offer.  Team owner Steve Cohen and president of baseball operations David Stearns each addressed the situation at the “Amazin’ Day” fan event this weekend at Citi Field, with Cohen reinforcing the idea that the door isn’t closed on an Alonso reunion, but the chances of an agreement appear diminished.

“We made a significant offer to Pete,” Cohen told fans and media, including The Athletic’s Will Sammon.  However, the owner doesn’t “like the structures that are being presented back to us.  I think it’s highly asymmetric against us, and I feel strongly about it.  I will never say no, you know, there’s always the possibility [of an agreement].  But the reality is we’re moving forward, and as we continue to bring in players, the reality is it becomes harder to fit Pete into what is a very expensive group of players that we already have.”

“And that’s where we are, and I am being brutally honest.  I don’t like the negotiations.  I don’t like what’s been presented to us.  Listen, maybe that changes, and certainly, I’ll always stay flexible.  If it stays this way, I think we are going to have to get used to the fact that we may have to go forward with the existing players that we have.”

The exact specifics of Scott Boras’ offers to the Mets aren’t known, though the concept floated was a three-year contract with at least one opt-out clause, which would allow Alonso to test free agency again likely as early as next offseason.  The structure is similar to the deals signed by other Boras clients like Matt Chapman, Cody Bellinger, Blake Snell, and Jordan Montgomery last winter, which saw the players each receive a high average annual value within the framework of those shorter-term contracts.

Reports indicated that the Mets’ countered the Alonso camp’s offer with a three-year deal (presumably still with opt-outs) worth $68-$70MM, which would’ve given Alonso a rough AAV of $23MM.  Alonso and his reps rejected that offer and Sammon writes that the Mets then pulled the offer away entirely, leading to the current stalemate between the two sides.  According to Sammon, “it’s unknown if the Mets and Alonso have since re-engaged.  So whether the door is open under similar or different parameters remains a question.”

While some gamesmanship could certainly have been at play in Cohen’s comments today, the Mets owner didn’t mince words in saying  “personally, this has been an exhausting conversation and negotiation,”  Cohen felt that the talks with Alonso were “worse” than even the “tough” negotiations with Juan Soto that ended in Soto’s record $765MM contract.  Ironically, both Soto and Alonso are represented by Boras, though obviously the markets for both sluggers varied greatly.

Even before the offseason began, there was some sense that Alonso (as a power-centric first baseman with slightly declining numbers over the last two seasons) might have to settle for a shorter-term deal with opt outs, so the fact that the talks with the Mets have focused on such contracts isn’t much of a surprise.  What isn’t clear, however, is whether Alonso has other suitors willing to offer more years, or at least higher average annual salaries.  The Giants, Angels, Red Sox, and Blue Jays have all reportedly shown some interest in Alonso, with Toronto seemingly making the most recent push for the first baseman.

In terms of how the Mets might be looking beyond Alonso, Jesse Winker was re-signed last week, filling another hole on the position-player side.  The New York Post’s Joel Sherman wrote yesterday that the Mets asked both Mark Vientos and Brett Baty to start working out at first base, with Baty also getting some reps as a second baseman.

Vientos has some experience at first base already, and he was already locked into a regular spot in New York’s 2025 lineup whether as a third baseman (if Alonso re-signed) or at first (if Alonso left and another first base-only type wasn’t obtained).  Baty has played almost exclusively at third base during his 169-game MLB career and in the minors, while spending some time at second base and in left field in the minors.  He has never played first base at the professional level, with Baty telling Sammon that he last played the position when he was a high school sophomore.

Nevertheless, Baty views the challenge as “really fun….I’ve always prided myself on being as athletic as I can be.  And I think athleticism, you can show it off at any position whether it be first base, second base, third base, the outfield, whatever it is.”

With a .215/.282/.325 slash line over 602 plate appearances at the MLB level, Baty has yet to establish himself over parts of three seasons in the Show, so adding positional flexibility is at least a good way for the former top prospect to help his chances of making the roster.  Between Baty, Luisangel Acuna, and Ronny Mauricio, the Mets could let those youngsters compete for playing time at third base, ideally with one stepping up to take on the regular starting job.  If none are ready for prime time, the Mets could pursue a corner infielder of some type at the trade deadline, with Vientos perhaps shifting from first to third base depending on who New York might obtain.

Latest On Blue Jays, Pete Alonso

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5:30pm: Tim Healey of Newsday provides a similar report to Martino, saying that the two sides are deep in talks. However, Shi Davidi and Ben Nicholson-Smith of Sportsnet report that there’s no gaining momentum for the Jays to sign Alonso or Scherzer.

3:05pm: The Blue Jays have been known for a while to have interest in free agent first baseman Pete Alonso. Andy Martino of SNY reports today that talks between the two sides are “advancing,” though he cautions that nothing is done yet and it can’t be certain that a deal will be completed.

Though nothing is done yet, it would be quite an interesting offseason pivot for the Jays if they could get the deal over the line. For the first few months of the winter, the club was defined by coming up just short in their pursuits of free agents like Juan Soto, Max Fried, Corbin Burnes and Roki Sasaki. When combined with last winter’s near miss on Shohei Ohtani and a disappointing 2024 season, frustration was high among the fanbase.

The volume of the murmuring decreased somewhat in recent days as the Jays signed outfield Anthony Santander to provide the lineup with a power boost. But even after that deal, it didn’t seem as though the Jays were done. They reportedly still have payroll space and have been recently connected to players like Alonso, Jurickson Profar and Max Scherzer.

If Alonso is ultimately brought north of the border alongside Santander, the two would make for fairly similar additions. Both players have power as their clear best trait, with their other contributions a bit more muted.

Alonso has clubs 226 home runs over the past six seasons, which puts him second only to Aaron Judge for that span. But despite that huge power, he has lingered unsigned in free agency as spring training is just over the horizon.

That is perhaps due to the other parts of his profile. His 9.9% career walk rate is a bit above average but not by much. He doesn’t have huge speed on the basepaths. The reviews on his defense have been mixed, with Alonso having earned +2 Defensive Runs Saved in his career but getting a grade of -24 from Outs Above Average. His offense has also been relatively lower of late. He slashed .261/.349/.535 through 2022 for a wRC+ of 137, but then hit .229/.324/.480 for a 121 wRC+ over the past two years.

That’s still really strong production but it’s possible that it contributed to a gap between what Alonso and his reps were expecting from free agency and what clubs were willing to offer. The power-only right-handed slugger is a profile that hasn’t been paid well in a while and Alonso’s recent dip may not have helped him.

Many expected him and the Mets to reunite but the club didn’t seem too keen on that. Even as Alonso and his reps have pivoted to considering short-term deals recently, the Mets apparently capped their offer in the range of $68-70MM over three years. That amounts to something close to $23MM annually, a lower average annual value than Cody Bellinger, Blake Snell and Jordan Montgomery were able to get even though they remained unsigned into February/March of last year.

It’s unclear what kind of terms Alonso and Jays are discussing, but he would be a sensible fit for them, despite his flaws. The Jays had some strengths last year but power was a clear weakness. Vladimir Guerrero Jr. was the only guy on the club to get to the 20-homer plateau. The team-wide tally of 156 long balls was 26th out of the 30 clubs in the league, ahead of only the Marlins, Rays, Nationals and White Sox.

Their walk rate, however, trailed only six teams. Their defense was considered quite strong, with DRS having them tops in the majors and OAA considering them the fourth-best. Therefore, adding a player who mostly provides power was a sensible target coming into the offseason.

They already made one such addition with Santander. Like Alonso, his power is a greater strength than his defense, speed or on-base ability. But the Jays are seemingly willing to go after the weakest part of their 2024 club and attack it.

Fitting everyone into the lineup would be a bit of a challenge. The Jays already have a first baseman in Guerrero. With Alonso on the club, the two would presumably share first base and the designated hitter spot somewhat regularly. Guerrero has played a bit of third base in his career but only 14 games in the past five seasons. Most of those came last year as the club was playing out the string on a lost season.

Without Alonso on the club, corner outfielders Santander and George Springer make sense as the top candidates to receive lengthy stints in the DH spot. As mentioned, Santander is not a great fielder. Springer has been a good defender in his career but is now 35 years old and he’s naturally sliding a bit in that department. Adding Alonso would limit the ability of the Jays to use Springer or Santander in the DH spot, unless they are willing to put Guerrero at third more often than expected. As of now, Ernie Clement profiles as the club’s best option at the hot corner. Since he’s more of a glove-first guy capable of playing other positions, it’s possible he could be deployed in more of a utility role. Speculatively speaking, it’s possible the Jays could start some games with Guerrero and Alonso at the corners, with Clement subbing in at third late in the game if the club is ahead and wants to prioritize defense. At that point, either Guerrero or Alonso could head to the bench, with the other at first.

It’s an interesting gambit and time will tell if the two sides get anything done. The Jays apparently still have some money to spend and have some options available. Whether that’s Alonso, Profar, Scherzer, someone else or some combination, it appears they are still busy in trying to salvage the offseason after a few misses earlier on.

Signing Alonso would also require the club to forfeit a draft pick and $500K of international bonus pool space because he rejected a qualifying offer from the Mets. The Jays already gave up pool space to sign Santander but added $2MM in the ill-fated Myles Straw deal when they were courting Sasaki, so they probably aren’t especially worried about that part. Since they already surrendered their second-best pick in the upcoming draft to get Santander, signing Alonso would mean also forfeiting their third-highest pick. The Mets would receive a compensation pick for Alonso leaving, but as a club that paid the competitive balance tax last year, that pick wouldn’t come until after the fourth round.

Pete Alonso Declined Three-Year Offer From Mets

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It appears the Pete Alonso era in Queens is coming to an end. Andy Martino of SNY reported this afternoon that the Mets expect Alonso to sign elsewhere and have begun to turn their attention to other pursuits.

After initially facing a gap on contract length, the sides recently turned their attention to a shorter-term arrangement. Will Sammon of The Athletic wrote this afternoon that Alonso and his representatives at the Boras Corporation pitched the Mets a three-year deal with a high annual salary and one or more opt-out chances. Sammon reports that the team countered with a three-year proposal at a lesser salary which Alonso declined.

Joel Sherman and Dan Martin of The New York Post provide some specifics, reporting that the team’s offer came with an overall guarantee in the $68-70MM range and included opt-outs. Sammon writes that the Mets were open to pushing that guarantee slightly higher, though it seems there was still a significant enough gap compared to Alonso’s asking price (which is not known) for the team to turn its attention elsewhere.

The Mets’ proposal was clearly not to Alonso’s liking, which isn’t all that surprising. It’s less than the frontloaded $80MM guarantee which Cody Bellinger landed when he returned to the Cubs on an opt-out laden deal last winter. It now seems as if Alonso will be moving on, though the Mets haven’t pushed all their chips in to an alternative target yet. New York agreed to bring back Jesse Winker on a $7.5MM deal. He’ll slot in at designated hitter and/or as a left-handed bench bat. If Alonso indeed walks, New York will probably move Mark Vientos to first base and allow Brett Baty, Ronny Mauricio and Luisangel Acuña battle for reps at third base.

The Post’s Jon Heyman writes that the Mets are now “heavily focused” on adding to the bullpen. Sammon tied them to top free agent reliever Tanner Scott last week. Adding a high-leverage arm in front of star closer Edwin Díaz makes sense. A left-hander would be an obvious fit considering Danny Young is the only southpaw in the bullpen at the moment. Scott is far more than a situational matchup option, but he has certainly shown himself capable of attacking the best left-handed hitters in the sport.

The Athletic reported this morning that the Blue Jays were among the teams still engaged with Alonso’s camp. It’s not clear whether those discussions also involve a short-term deal. Jim Duquette of MLB Network Radio on SiriusXM first reported last week that Alonso’s camp was offering the three-year term with opt-outs to the Mets alone in an effort to stay in Queens. He may still be seeking a longer-term contract from other teams, though it’s not clear whether that kind of proposal will be on the table anywhere.

Mets Reportedly Expect Pete Alonso To Sign Elsewhere

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The Mets and Pete Alonso have been in a staredown for a while but it seems the club is blinking. Andy Martino of SNY reports that they now expect him to sign elsewhere, with today’s agreement with Jesse Winker part of a plan to spread money around to various alternatives. Earlier today, Will Sammon and Ken Rosenthal of The Athletic reported that Alonso’s market was heating up, with the Blue Jays and Mets involved, as well as a third unidentified team.

Alonso and the Mets have clearly had mutual interest in reaching a new deal for a long time, but without the ability to agree on a price point. The club reportedly offered him a seven-year, $158MM extension in the summer of 2023, but a deal didn’t get done. Since then, there have been changes on both sides of the negotiations. The Mets hired David Stearns to replace Billy Eppler atop their baseball operations department in September of 2023, with Alonso then hiring Scott Boras the following month.

During the 2024 season, the sides generally expressed admiration for each other but never seemed to make much effort to get an extension done. Alonso turned down a qualifying offer and became a free agent. Though he was connected to various teams in recent months, he never seemed to get a deal to his liking. Alonso’s camp reportedly pivoted to a short-term deal, pitching the Mets a three-year pact with opt-outs. The Mets seemed to be somewhat amenable to this framework but a gap on the money still prevented a deal from coming together.

In recent weeks, the Mets have also been connected to players like Winker, Anthony Santander, Alex Verdugo, Tanner Scott, Luis Arráez and Tim Hill. They also reportedly offered Teoscar Hernández a two-year deal before he returned to the Dodgers on a three-year pact.

Martino’s report compares the Mets’ current plans to those of the Yankees after missing out on Juan Soto, spreading money around to various players as opposed to one big splash. After Soto went to the Mets, the Yankees gave out deals to Max Fried and Paul Goldschmidt, as well as trading for Devin Williams and Cody Bellinger. They could have done some of those moves in conjunction with Soto but perhaps were more aggressive in those areas since they hadn’t tied up their resources with the one mega deal.

The Winker signing alone doesn’t stop the Mets from bringing back Alonso, as the two coexisted on the roster in 2024, with Alonso the regular at first as Winker spent time in the outfield corners and designated hitter slot. But there has been some reporting that the club wants to use some internal options at the corners. Mark Vientos was the regular third baseman last year and had a breakout year at the plate, but with subpar defensive metrics. He could perhaps move over to first, while the Mets use Brett Baty, Ronny Mauricio and Luisangel Acuña to cover third base.

Perhaps things will change in the coming days but it now seems possible that the Mets are indeed prepared to walk away from Alonso. The earlier reporting from The Athletic indicated the Mets were in talks with various players and didn’t want the stalled Alonso negotiations to get in their way. While Winker doesn’t strictly block the path for Alonso to come back to Queens, it does seem to signal that the Mets are prepared to move on.

If it does indeed come to pass, it will be a surprisingly lackluster end to the Mets-Alonso relationship. He was a homegrown star with some New York roots and come up through the club’s system after being selected in the second round of the 2016 draft. He debuted with a big splash in 2019, hitting 53 home runs and also winning the home run derby. That campaign is now widely viewed as the juiced ball season, but Alonso continued to be a big homer threat in subsequent years.

Alonso now has 226 home runs over the past six seasons, second only to Aaron Judge in that time. He won another derby title in 2021 and was a staple of the club over their recent history, not having played less than 152 games in any full season.

During that time, the Mets went from a punchline to a powerhouse. While they were previously known for having middling budgets and results, Steve Cohen purchased the club ahead of the 2021 season and made them one of the top spenders in the league. They have made the playoffs in two of the past three years, with Alonso playing the hero last year. He hit four home runs in 13 playoff games just a few months ago, including the series-flipping homer off Williams to get the Mets past the Brewers and out of the Wild Card round.

But his star power in the media and general public seemed to outpace his popularity in today’s analytically-inclined front offices. While the home run power has been real, Alonso’s other contributions have been muted. His walk rates have been decent but not outstanding, he’s not a burner on the basepaths and his defense hasn’t been well regarded. His overall offense has also declined. While he hit .261/.349/.535 for a 137 wRC+ through 2022, he slashed just .229/.324/.480 for a 121 wRC+. FanGraphs considered him to be worth 2.1 wins above replacement last year, a solid but not elite number. There were 119 position players who were at 2.2 fWAR or higher last year.

It therefore seemed possible from the start of the offseason that Alonso would find his offers lacking in free agency. As part of MLBTR’s annual Top 50 list, we considered predicting Alonso for a deal along the lines of the three years and $80MM that Bellinger got from the Cubs last year after he lingered in free agency into February. We backed down from that prediction, putting 5/$125MM on Alonso, but it now appears he may well end up getting something like that deal. It just might be somewhere other than Queens.

It’s a bit of a surprising pivot, as the Mets have not been shy about spending since Cohen bought the team. While Stearns was in Milwaukee, he never spent a lot of money on first basemen, but he never had the resources he now has. Despite the deeper bank account, it still seems as though Stearns would prefer to invest in ways he considers wise. The club also didn’t play at the top of the starting pitching market, not signing guys like Fried or Corbin Burnes, instead taking risks on guys like Frankie Montas and Clay Holmes. Montas is coming off a down year while Holmes will be trying to pivot from the bullpen to the rotation.

All this will seemingly leave Alonso looking elsewhere for his next gig, with Toronto one possibility. The Jays already have a first baseman in Vladimir Guerrero Jr. but it doesn’t appear as though the plan would be to trade him. Per the reporting from The Athletic, the plan would be for Guerrero and Alonso to share first base and DH, with Guerrero occasionally crossing the diamond to play third base. Though the article from The Athletic says the Jays would “prefer” to hang onto Guerrero, Rosenthal made an appearance on Foul Territory and more emphatically shot down the possibility of Guerrero being traded.

Though the fit would be a bit awkward, the Jays could use the power. Toronto’s offense was close to league average last year, but a lot of that was thanks to having a walk rate that was bested by only six other teams. In the home run department, they were actually one the worst clubs, ahead of just the Marlins, Rays, Nationals and White Sox.

They don’t really have a strict designated hitter, which perhaps provides a path for Alonso and Guerrero to share a lineup. Justin Turner was their primary DH for the first half of last year but he was traded to the Mariners at the deadline. It would make it a bit harder for the club to rest someone like George Springer, but it seems the Jays have some openness to it regardless. Guerrero taking the hot corner could allow greater flexibility, though he only has 104 innings there over the past five seasons. Most of that came late last year as the Jays were playing out the string on a lost season. It’s unclear how much willingness they have to put Guerrero there in meaningful games.

Financially, it seems the club still has powder dry. They reportedly had a strong offer on the table for Burnes as of a few weeks ago, before he signed with the Diamondbacks. Since then, they signed Jeff Hoffman to a three-year, $33MM deal, but that is surely well shy of what they were willing to pay Burnes.

It’s theoretically possible that signing Alonso could give the Jays some cover for the event they can’t sign Guerrero, an impending free agent, to an extension. But it seems highly likely that Alonso will be securing a deal with the ability to opt out after 2025, meaning he would only stick around for 2026 if he has a down year. They would likely prefer to have Guerrero locked up long term, since he’s significantly younger than Alonso, while seeing Pete walk away earlier.

There are surely other clubs in the mix as well. Alonso has been connected to the Giants, Red Sox and Angels in recent weeks. Teams like the Tigers, Athletics and Mariners make sense as speculative fits. Since Alonso rejected a QO, the Mets will receive a draft pick after the fourth round if he signs elsewhere. The penalty for the signing club will depend on their revenue-sharing status and whether they paid the competitive balance tax last year. Perhaps we will have clarity soon as the staring contest with the Mets appears to be ending.

Poll: Will Pete Alonso Return To The Mets?

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The first base market started to move rapidly late in 2024, as players like Josh Naylor, Paul Goldschmidt, Nathaniel Lowe, and Carlos Santana came off the trade and free agent markets. That movement did not work its way up to the top of the market at the time, but since the New Year started, buzz surrounding Pete Alonso’s free agency has grown louder. Alonso’s camp reportedly approached the Mets to pitch a three-year deal with opt-outs last week. The two parties have since discussed that structure but still face a gap in numbers. Notably, the Mets are said to be pressing for a definitive conclusion sooner than later.

That Alonso’s market has seemingly dropped into the short-term, high annual salary range is notable but not necessarily a shock, given how frequently that approach has been taken by stars who linger on the market in recent years. Shortstop Carlos Correa’s first deal with the Twins is perhaps the most notable example, but it’s become more widespread in the years since that deal with Blake Snell, Cody Bellinger, Jordan Montgomery, and Matt Chapman signing deals of that nature last offseason alone. This winter, free agents like Jack Flaherty and Anthony Santander have reportedly joined Alonso in beginning to consider short-term offers.

For a Mets club that has tended to avoid making long-term commitments to players already in their 30s (particularly since hiring David Stearns as president of baseball operations), the idea of getting Alonso back in the fold on a short-term deal has to be appealing. It would hardly be a surprise if Alonso was hoping to land a deal that guarantees him $30MM or more annually, or at least is front-loaded in such a way that he could opt out of the deal next winter and walk away with $30MM or more — similar to Bellinger’s three-year deal with the Cubs. The Mets are surely hoping to minimize risk on their end to avoid a situation where Alonso opts in and becomes an anchor on the roster.

While the Mets have long been considered the favorite and most logical landing spot, they aren’t the only club with interest in Alonso. The Red Sox, Blue Jays, Angels, and Giants have all been connected to Alonso since the new year began. Most of that quartet already has a set first baseman, but none sported a top-ten offense in MLB last year and each of the Giants, Angels, and Blue Jays were below-average in terms of home run power. That makes it easy to envision a slugger of Alonso’s caliber making a difference for any of those clubs, even in the event that he doesn’t return to the more well-rounded form he flashed in 2022 as a four-WAR player with a .352 on-base percentage.

The Mets, meanwhile, could theoretically consider a number of alternatives. In particular, Santander has been connected to the Mets as a potential backup. A few budget options seem to be under consideration as well, including a reunion with Jesse Winker. Should the Mets pivot towards adding in the outfield, they could end up using a mix of internal options at the infield corners. Mark Vientos can move to first base, while Brett Baty, Ronny Mauricio, and Luisangel Acuna could vie for time at the hot corner. Alex Bregman is still out there in free agency, and Nolan Arenado is on the trade market. But if the Mets can’t find three-year terms with Alonso that are to their liking, it’d be a surprise if they signed another 30-year-old infielder who’s seeking a long-term deal (Bregman) or traded for a 34-year-old infielder who’s still owed $74MM (Arenado).

Given the imperfect fit for Alonso with many of his other suitors and the Mets’ lack of obvious proven alternatives, the most straightforward way for both sides to get what they want is to close the gap in negotiations and work out a deal. That’s easier said than done, of course, and until a deal is in place, another club like the Giants or Blue Jays could swoop in with a compelling short-term offer of its own. If Alonso remains unsigned into spring training, an injury to a contending club’s first baseman could open further possibilities.

How do MLBTR readers think things will play out between the two sides going forward?

Will Pete Alonso Be A Met In 2025?
Yes, he'll re-sign with the Mets. 55.91% (6,485 votes)
No, he'll end up elsewhere. 44.09% (5,114 votes)
Total Votes: 11,599

Latest On Mets, Pete Alonso

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7:28PM: Alonso and the Mets “are said to be making progress on at least the structure of a proposed deal that’s expected to be for three years and include at least one opt out,” according to Joel Sherman and Jon Heyman.  “While the sides appear amenable to that short-term structure,” Sherman and Heyman write, there’s still “a gap between offer and counteroffer,” with specific figures not mentioned.

5:15PM: The Mets and Pete Alonso have seemingly been in a staredown for quite a while and it’s still unclear who will blink first. Reporting from last week indicated that Alonso’s camp had pitched a short-term deal with opt-outs to the Mets but Alonso remains unsigned. Reports from both Andy Martino of SNY and Joel Sherman of The New York Post suggest a pivot point is coming where the Mets may move on to plans that don’t involve Alonso having a place on the 2025 team.

It has long seemed possible that Alonso’s free agency could go this way. Last winter, the “Boras Four” lingered in free agency well into the new year and eventually settled for contracts below expectations. Cody Bellinger, Matt Chapman, Blake Snell and Jordan Montgomery all signed deals that only were guaranteed for two or three years, though with each player having the chance to opt-out after each season. There were reasons to expect Alonso might follow them down this road.

Alonso reportedly turned down an extension offer of seven years and $158MM back in the summer of 2023. He still had one arbitration season to go at that point, ultimately making $20.5MM in 2024, so he effectively turned down $137.5MM for six free agent years. There had been reports that Alonso was looking at the contracts of Freddie Freeman and Matt Olson at targets. Freeman signed for $162MM over six years, though with deferrals. Olson signed an eight-year, $168MM extension when he was still two years away from free agency.

But Alonso isn’t as well-rounded of a player as those two. While his power is elite, his plate discipline and defense are both below Freeman and Olson. He’s also coming off a couple of relative down years. He had a career batting line of .261/.349/.535 and a 137 wRC+ through the 2022 season but then hit .229/.324/.480 for a 122 wRC+ over the two most recent campaigns. That’s still strong production but it will naturally concern a club thinking about making a long-term investment.

Alonso is still unsigned with pitchers and catchers set to report to spring training in less than a month. There is apparent willingness to pivot to a short-term deal but a deal still hasn’t come together. There is still more time, as Bellinger’s agreement came together in late February last year, Chapman’s in early March. However, today’s reports both point to the Mets starting to consider other options.

The Mets have had a front office shakeup since offering that extension to Alonso. Billy Eppler was the general manager at that time but David Stearns is now running the club’s baseball operations department. Stearns never really dedicated a lot of resources to first base, as shown in MLBTR’s Contract Tracker. A three-year, $16MM deal for Eric Thames was his biggest investment in the position for the Brewers. Milwaukee non-tendered Chris Carter after he hit 41 home runs in 2016, rather than pay him a projected $8.1MM salary.

Stearns is working with more resources now that he’s with the Mets but has continued to be measured in how he uses those resources, apart from the Juan Soto deal. Instead of signing top free agent starting pitchers, he has taken bounceback fliers on guys like Frankie Montas and Griffin Canning. He also signed Clay Holmes, hoping to get starting pitcher value for reliever prices.

The Mets do have some internal options for corner infield work. Mark Vientos had a great season in 2024, mostly playing third base, but his defense didn’t receive strong grades. It’s been suggested that he could be moved over to first base, with the hot corner then being open for a competition between guys like Brett Baty, Luisangel Acuña and Ronny Mauricio. There’s some uncertainty in going down that road and there would be some sense in adding Alonso back into the mix, but it seems the Mets and Alonso’s camp can’t agree on a fair price.

Teams will naturally be attracted to a short-term deal as it lowers the chances of them being saddled with a player’s decline years, but the player usually looks to get a higher average annual value as a compromise. Bellinger’s deal guaranteed him $80MM but in frontloaded fashion, allowing him to opt out after one year with $30MM in his pocket or after two years with $60MM in the bank. Alonso is perhaps looking for something similar, which the Mets may not be keen on.

The Mets are set to be a third-time payor of the competitive balance tax and RosterResource projects their CBT number at $276MM next year. Signing Alonso to something in the range of $25-30MM annually would push that close to the fourth and final tier of the tax, which is $301MM this year. The Mets would pay a 95% tax on spending from tier three to tier four, then a 110% tax for spending over the top line. As such, even employing Alonso for one year and then having him opt out would cost them something like $60MM. If he has a disappointing season and doesn’t opt out, as happened with Bellinger, they would be stuck with the deal for another year or two.

The Mets also stand to receive draft pick compensation if Alonso signs elsewhere. As a tax payor, their bonus pick wouldn’t be until after the fourth round. That’s not massively important in baseball terms but it’s not nothing and it would go away if they re-sign Alonso.

It’s a tricky calculation for the Mets to make with a franchise favorite, but it seems they are willing to play hard ball and move on to other options soon. Martino does mention that the Mets checked in with the Blue Jays about Vladimir Guerrero Jr. but also downplays the talks significantly, characterizing the fit as “fantasy baseball.” That aligns with public comments from Toronto’s general manager Ross Atkins, who has often downplayed the likelihood of the Jays trading Guerrero or Bo Bichette.

Martino mentions a reunion with Jesse Winker or signing Anthony Santander as other possible pivots, though he adds that the latter is less likely to come to fruition. For Alonso, if he’s not destined to go back to Queens, he will have to do his own pivot. MLBTR recently looked at some of the clubs that could potentially sign him to a short-term deal, with the Giants, Blue Jays, Red Sox, Angels, Athletics and Tigers some of the options.

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