How Much Is Pete Alonso Worth?
Pete Alonso, the New York Mets’ first baseman, is currently one of the biggest questions for the team in the upcoming offseason. Alonso is scheduled to become a free agent after next season. The Mets have previously listened to trade offers for Alonso, but he has been a cornerstone of their roster since his debut in 2019. Despite trade speculation, Alonso has expressed his love for the organization and being a Met. The Mets now face a decision on whether to extend Alonso or potentially cash in on a significant prospect package by trading him. Previous contract extensions for Alonso have been estimated at eight to nine years with values ranging from $160 million to $207 million. Evaluating Alonso’s performance and comparing him to other players with similar contracts can provide insight into a potential extension deal.
Pete Alonso’s Current Contract and Earnings
Pete Alonso, the talented first baseman for the New York Mets, is currently playing on a one-year contract worth $20.5 million. He signed this contract to avoid arbitration for the 2024 season, ensuring a fair agreement for both himself and the team.
Throughout his career, Alonso has enjoyed impressive earnings, accumulating a total of $44,782,649. His consistency and outstanding performances have solidified his status as a valuable asset for the Mets. His notable achievements include multiple All-Star selections and a remarkable display of power as a consistent home run hitter, with several seasons featuring 40 or more home runs.
In the previous seasons, Alonso’s contract details consisted of one-year agreements. His earnings ranged from $555,000 to $676,775 for the 2019, 2020, and 2021 seasons. For the 2023 season, the Mets signed him to a one-year, $14.5 million contract. Subsequently, he accepted his current one-year deal, which is valued at $20.5 million. As his contract unfolds, Alonso will become an unrestricted free agent in 2025, presenting an important decision point for the Mets regarding his future with the team.
Evaluating Pete Alonso’s Value and Contract Comparisons
When it comes to determining Pete Alonso’s worth, a crucial aspect is evaluating his performance in relation to other players who have signed similar contracts. One player who serves as a solid comparison is Matt Olson, who inked an eight-year, $168 million extension with the Atlanta Braves. Alonso’s career stats align closely with Olson’s, and their ages and service time show relative similarities.
Another comparison worth noting is Kris Bryant, who landed a seven-year, $182 million deal with the Colorado Rockies in free agency. While Bryant’s numbers are impressive, Alonso’s offensive production has been even more remarkable, potentially boosting his market value. However, the New York Mets might lean towards a shorter-term agreement to avoid any long-lasting commitments that stretch into Alonso’s 30s.
A viable compromise could be a five-year contract resembling Paul Goldschmidt’s lucrative $130 million deal with the St. Louis Cardinals. Such a shorter-term arrangement, combined with a substantial average annual value, could prove advantageous for both Alonso and the Mets. Determining Alonso’s true worth involves taking into account his performance, age, comparable contracts, as well as the preferences of the Mets organization.
