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Orioles Land Pete Alonso as Dodgers Nab Edwin Díaz and Phillies Keep Kyle Schwarber

The spending surge resets prices, leaving the Mets to retool after two cornerstone departures.

Overview

  • Pete Alonso is finalizing a five-year, $155 million contract with the Orioles, according to ESPN's Jeff Passan, adding a premier right-handed bat to Baltimore's lineup.
  • Edwin Díaz agreed to a three-year, $69 million deal with the Dodgers, setting a new annual record for a reliever and reportedly costing Los Angeles draft picks tied to his qualifying offer.
  • Kyle Schwarber re-signed with the Phillies on a five-year, $150 million contract, reinforcing a trend of teams paying up for elite power.
  • The Mets lost both Alonso and Díaz in consecutive days and, per MLB.com’s Anthony DiComo, did not make a formal offer to Alonso as bidding escalated beyond their comfort level.
  • With Devin Williams already in place for New York and top relievers scarce, industry chatter highlights Robert Suárez as a prominent remaining target, with some predictions linking him to the Dodgers.