In a surprising development, Pete Alonso has made headlines by signing with a new team for the upcoming season: the Baltimore Orioles. This unexpected move was announced by ESPN’s Jeff Passan on his X account. Passan stated, “First baseman Pete Alonso and the Baltimore Orioles are finalizing a five-year agreement,” referring to the former New York Mets player.

While Mets fans passionately wished for Alonso to return, celebrating him as one of the franchise’s legends, the Orioles outmaneuvered their competitors by making a more substantial offer to secure Alonso for Baltimore, significantly enhancing their roster.

Amidst growing anticipation regarding Kyle Tucker’s future and the potential interest from New York City franchises in acquiring the hitter next season, the news about Alonso stands out as one of the most significant developments in the offseason so far, following Edwin Diaz’s high-profile move to the Los Angeles Dodgers.

With fewer marquee players available in free agency, the Mets need to explore the remaining options to strengthen their lineup, as there is considerable chatter from the fanbase about the team’s prospects for next year.

Pete Alonso #20 of the New York Mets reacts after striking out.

How much will Alonso earn in Baltimore compared to the NY Mets?

According to Passan, Alonso’s contract with Baltimore is valued at $150 million over five years. When compared to his previous contract with the Mets, where Alonso signed a two-year deal worth $54 million at $27 million annually, this new contract sees his annual earnings rise to $30 million per year.

Alongside Alonso, Kyle Schwarber was another player generating significant buzz during the offseason, as Schwarber secured a major contract with the Philadelphia Phillies, drawing comparisons to Alonso’s deal.

The announcements from these two franchises during the offseason have stirred considerable attention in the MLB community, as there was much speculation regarding the future of these two players in 2026. Now, with these deals, everything has been clarified.