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?
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