First baseman Pete Alonso is staying with the New York Mets, agreeing to a $54 million, two-year contract, a person familiar with the deal told The Associated Press.
The person spoke on condition of anonymity Wednesday night because the agreement, first reported by The New York Post, was subject to a successful physical.
Alonso will get a $10 million signing bonus and can opt out after the 2025 season to become a free agent again.
Alonso, who turned 30 on Dec. 7, lingered on the market longer than other top players. Among other free-agent first basemen, Christian Walker agreed to a $60 million, three-year contract with Houston, and Paul Goldschmidt (New York Yankees) and Carlos Santana (Cleveland) accepted one-year agreements.
Mets owner Steve Cohen expressed frustration last month, saying the negotiating was more difficult than the talks that led to a record $765 million, 15-year contract with Juan Soto, who like Alonso is represented by agent Scott Boras.
“I don’t like the structures that are being presented to us,” Steve Cohen said. “It’s highly asymmetric against us and I feel strongly about it. I will never say no. You know, there’s always a possibility.