Overview
- Pete Alonso agreed to a five-year, $155 million contract with the Orioles, with multiple reports indicating the Mets did not make a formal offer and were unwilling to go beyond three years.
- Edwin Díaz reached a three-year, $69 million deal with the Dodgers after declining the Mets’ $22.025 million qualifying offer, which triggers a compensatory draft pick for New York.
- Díaz’s contract sets a new average annual value record for a reliever, reflecting an escalating market for late-inning arms.
- The Mets reportedly offered Díaz three years and $66 million with deferrals but were not given a chance to match Los Angeles’ bid, according to Newsday.
- With Alonso gone and Díaz replaced internally for now, president David Stearns said Devin Williams would be the closer if the season started today as the club explores lineup, bullpen and rotation additions.