After a prolonged negotiation that New York Mets Owner Steve Cohen called “exhausting,” the team re-signed First Baseman to a two-year contract Wednesday evening. It includes an opt-out following 2025. The star first baseman is slated to make $30 million in 2025. This deal guarantees Alonso $54 million over the next two seasons.
Even though Alonso is coming off a down season across the board in 2024, he was named to his fourth career all-star game and was a Silver Slugger Award finalist. He will look to rebound from a down 2024 campaign for a New York Mets team with World Series aspirations. How will this deal work out for both sides?
New York Mets Offseason Summary
Pete Alonso's deal with the New York Mets, which is pending physical, is for two years and includes an opt-out after the first season. He'll make $30 million this year.
— Jeff Passan (@JeffPassan) February 6, 2025
New York had a tremendous 2025 offseason. Alonso was the final piece of that puzzle. New York’s key offseason acquisition was signing Right Fielder Juan Soto to the most lucrative contract in MLB history. The team also bolstered its pitching staff by signing Clay Holmes, and Frankie Montas, and re-signing Sean Manaea.
Cohen and New York Mets President of Baseball Operations David Stearns said the ballclub would have an active offseason. They did exactly that. Before the Alonso news broke, New York had the fifth-best World Series odds. The team did not rest on its laurels following a surprising run to the NLCS.
Final Thoughts
It seemed like Alonso would not return to the New York Mets. As the months ticked by and Alonso remained unsigned, this reunion seemed more and more unlikely. There were also reports that the Mets and Alonso were far apart in contract talks as recently as a few weeks ago. Alonso was linked to the Toronto Blue Jays for much of the offseason, but the market never provided Alonso with the long-term contract he coveted. With Spring Training right around the corner, Alonso took the best deal.
He will look to have a great 2025 season and opt out to become a free agent again next offseason. At the end of the day, both sides got what they wanted. Alonso signed on with a World Series contender he is familiar with, and New York got back a perennial all-star on a relative bargain.
