New York reportedly offered Alonso a three-year contract worth $68-70 million. The offer was seen as a “last ditch effort,” by the Mets. Furthermore, when Alonso declined, the team began to sour on the hopes of his return, via Joel Sherman of the New York Post.

After contract negotiations with Pete Alonso’s camp hit an impasse, the New York Mets began considering a pivot away from re-signing the star first baseman, people familiar with the situation said. The Mets most recently offered Alonso a straight three-year deal,

There are reportedly still ongoing conversations between the New York Mets and Pete Alonso, although the team is hoping for a relatively quick solution.