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Slugger Nears Historic Contract as Mets Prioritize Star Power for 2024 Season
As spring training rapidly approaches, the New York Mets appear closer than ever to locking in a cornerstone of their franchise. Pete Alonso, the powerhouse first baseman and fan favorite, is projected to sign a record-setting three-year, $93.3 million contract to remain with the Mets. This deal would secure one of the league’s most consistent sluggers while simultaneously setting a new benchmark for first basemen salaries.
Despite some uncertainty surrounding Alonso’s future, especially after the Mets invested heavily in superstar Juan Soto, the team seems committed to keeping Alonso in the lineup. His immense power at the plate and leadership in the clubhouse make him an essential piece of the Mets’ ambitions to return to postseason contention.
The projected contract, reported by The Athletic’s Ken Rosenthal and Will Sammon, would give Alonso a staggering $31.1 million average annual value (AAV)—the highest ever for a first baseman. This figure narrowly surpasses the previous record set by Miguel Cabrera, whose $31 million AAV came from his eight-year, $248 million extension with the Detroit Tigers from 2016 to 2023.
Rosenthal and Sammon explained, “Agents, including Alonso’s representative, Scott Boras, routinely try to establish records of some sort in contract negotiations.” A deal of this magnitude would not only reward Alonso for his past performance but also solidify his place among baseball’s elite earners.
In a strategic move, Alonso’s camp reportedly offered the Mets a three-year deal with opt-outs, granting flexibility for both sides. Former Mets general manager Jim Duquette revealed, “According to league sources, Pete Alonso’s camp has offered the Mets a three-year deal with opt outs. This deal is only available to the Mets right now.”
This structure would allow Alonso to re-enter free agency in the near future if market conditions improve or if he seeks a longer-term commitment. For the Mets, it’s an opportunity to retain their star slugger without being tied to an extended contract, similar to Cody Bellinger’s late-offseason deal with the Cubs.
The Mets’ financial commitment to Juan Soto raised concerns about how Alonso would fit into the team’s future plans. However, keeping Alonso seems to remain a priority. His power bat, capable of producing 40+ home runs a season, offers much-needed lineup protection for Soto.
Even though Alonso’s numbers have slightly declined in recent seasons, his consistent power production and leadership are invaluable. His career stats—.249 batting average, 226 home runs, 586 RBIs, and an .854 OPS—highlight his impact since debuting with the Mets six years ago.
Securing Alonso with this record-breaking deal could be a turning point for the Mets. Pairing him with Soto gives New York one of the most formidable offensive duos in the league. The Mets are signaling they are serious about contending now, even as they manage a delicate balance between big spending and roster flexibility.
Alonso’s potential return also sends a strong message to the fans: the Mets are building not just for today but for sustained success. His leadership and production will be pivotal in shaping the team’s future.
If finalized, this contract offers Alonso the recognition he deserves while giving the Mets an anchor in the lineup. The opt-out clauses create a win-win situation, allowing Alonso to control his career trajectory and the Mets to reassess their long-term strategy.
For now, all signs point toward Alonso staying in New York, ready to chase records and championships with the team that drafted him.