Key Points
Pete Alonso is finalizing a five-year, $155 million contract with the Baltimore Orioles
The deal follows his opt-out from a Mets contract after the 2025 season
Alonso’s net worth was estimated at $25 million earlier in 2025
A dominant 2025 season significantly boosted his market value
The agreement positions him among MLB’s highest-paid power hitters for 2026
Engaging Introduction
Pete Alonso’s financial profile is undergoing a dramatic transformation as the star slugger moves toward finalizing a blockbuster five-year, $155 million contract with the Baltimore Orioles. The deal, expected to be completed following his decision to test free agency after the 2025 season, marks a major turning point in both his career and net worth trajectory.
From Mets Opt-Out to Orioles Mega Deal
Alonso officially entered free agency in mid-November after opting out of his final year with the New York Mets, where he was slated to earn $24 million in 2026. According to multiple league reports confirmed by MLB.com and other outlets, the Orioles have emerged as his new destination on a five-year agreement worth $155 million.
Although Baltimore has not yet made a formal announcement, the contract terms are widely regarded as finalized and represent one of the most significant free-agent signings of the 2025 offseason.
A Career-Best 2025 Season Drives His Market Value
Alonso’s resurgence in 2025 played a pivotal role in reshaping his contract outlook. He delivered 38 home runs, 41 doubles, and 126 RBIs while posting a strong .871 OPS. The performance earned him his fifth career All-Star selection.
Advanced metrics further supported his elite production. Alonso ranked among league leaders in exit velocity and barrel rate, reinforcing his reputation as one of baseball’s premier power threats.
Durability also strengthened his value. Since his rookie season in 2019, Alonso has appeared in 1,008 of a possible 1,032 games—an extraordinary availability rate for a slugger.
Pete Alonso’s Net Worth and Income Sources
As of March 2025, Alonso’s net worth was estimated at approximately $25 million. His income stream has extended well beyond his playing contracts, fueled by endorsement partnerships with Nike, T-Mobile, Columbia Sportswear, and New Era.
He also holds real estate assets, including a high-value Manhattan apartment. The new Orioles contract is expected to dramatically elevate his lifetime earnings and long-term financial standing.
For context, Alonso previously signed a two-year, $54 million deal with the Mets prior to the 2025 season and earned $30 million in its first year. At the time, he declined a $70 million extension offer from New York and a $50 million proposal from the Los Angeles Dodgers—decisions that ultimately paid off.
What Alonso Brings to Baltimore
Baltimore adds one of the most consistent power producers of the past decade to a lineup that has relied heavily on young talent through its rebuild. Alonso’s presence instantly stabilizes the middle of the order and adds veteran leadership to a roster with postseason ambitions.
His arrival also closes a historic chapter in New York. Before leaving the Mets, Alonso became the franchise’s all-time home run leader with 253 career homers.
Why This Deal Matters
The contract reshapes Alonso’s financial future while signaling Baltimore’s readiness to compete at a higher level. It also underscores how elite production, durability, and postseason performance continue to command premium pricing in MLB’s free-agent market.
What Happens Next?
With the agreement nearly complete, the Orioles are expected to introduce Alonso formally before the start of the 2026 season. Attention will soon turn to how Baltimore builds around its new slugger as expectations rise across the American League.
A$AP Rocky Appears to Confirm Marriage to Rihanna, Calls Himself a ‘Loving Husband’