No place like home: Pete Alonso re-signs with New York Mets on two-year, $54M deal
After months of speculation, Pete Alonso and the Mets have sealed a two-year, $54 million deal, ensuring the slugger remains a cornerstone in Queens.
The agreement, pending a physical, guarantees Alonso’s presence in New York for at least one more season, including an opt-out clause after the first year. The slugger will earn $30 million in 2024, making him one of the highest-paid first basemen in the league.
Since his debut in 2019, Alonso has been one of MLB’s most consistent power hitters, launching 226 home runs—second only to Aaron Judge. His return strengthens a Mets offense that made a blockbuster move this winter, signing Juan Soto to a historic $765 million contract.
Alonso’s market struggles and the Mets’ change of heart
Though the Mets initially considered parting ways with Pete Alonso after negotiations stalled, the market didn’t align with his expectations for a long-term deal. Teams were hesitant to invest heavily in a right-handed first baseman in his 30s, even one with Alonso’s consistent track record.
The first base had aimed for a massive contract in free agency but found limited options. He rejected a seven-year, $158 million extension from the Mets in 2023, betting on a bigger payday. While teams like the Giants and Blue Jays showed interest, New York remained the most logical destination, despite the frustrations expressed by owner Steve Cohen during negotiations.
Production decline but clutch performances
Over the past three seasons, Alonso’s stats have declined, with his OPS (On Base Plus Slugging) decreasing from .869 to .788. His WAR (Wins Above Replacement) also dropped, and his 34 home runs in 2024 marked a career low for a full season. These factors made it more difficult for him to secure a long-term contract.
However, Alonso continued to deliver in key moments. In a crucial wild-card game against Milwaukee, he smashed a three-run homer off Devin Williams to keep the Mets’ season alive. He continued his strong postseason performance, homering three more times before New York’s NLCS exit against the eventual champion Dodgers.
A New-Look Mets team ready to compete
Despite his struggles, Alonso remains a centerpiece of the Mets’ lineup, which now features Francisco Lindor, Juan Soto, and rising star Mark Vientos in the heart of the order. The roster is stacked with talent, including Brandon Nimmo, Starling Marte, and catcher Francisco Alvarez, along with promising young infielders.
A new chapter in Pete Alonso´s career. Photo: LR Composition
The Mets also revamped their pitching staff, re-signing Sean Manaea and adding right-handers Frankie Montas, Clay Holmes, and Griffin Canning. With bullpen reinforcements like A.J. Minter and Ryne Stanek, New York enters the season with a deep, balanced roster built to contend.