According to MLB.com's Mark Feinsand, Alonso and the Mets agreed on Wednesday to a two-year, $54 million contract. The deal reportedly includes a $10 million signing bonus and an opt-out after the first year, which will pay him a salary of $20 million.

The New York Yankees were reported to be early suitors for free agent Pete Alonso, but the slugger's agent Scott Boras was the main obstacle, a new report says.

After a protracted winter negotiation, the sides reportedly agreed to a two-year, $54 million contract on Wednesday night.