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Orioles Land Pete Alonso as Dodgers Add Edwin Díaz and Phillies Retain Kyle Schwarber

The Mets’ lack of a formal Alonso offer highlighted a cautious pivot as rivals paid premiums for power bats plus late‑inning stars.

Overview

  • Pete Alonso agreed to a five-year, $155 million deal with the Orioles, a move widely reported to elevate Baltimore’s offense.
  • Kyle Schwarber re-signed with the Phillies for five years and $150 million, beating reported bids from the Pirates (four years, about $120 million) and Reds (five years, about $125 million).
  • Edwin Díaz reached a three-year, $69 million contract with the Dodgers, a deal reported to set a new average-annual-value benchmark for a reliever.
  • Multiple outlets report the Mets made no formal offer to Alonso as they moved off long-term, high-dollar commitments after also losing Díaz and trading Brandon Nimmo earlier in the offseason.
  • Phillies president Dave Dombrowski said re-signing Schwarber was a priority but emphasized, “We’re not running our club back,” as the early Winter Meetings signings reinforced a market premium on elite power and proven closers.