Mets Staring Down Potential Free Agent Exits for Alonso, Díaz in 2026

NEW YORK – Despite significant financial investment from owner Steve Cohen, the New York Mets find themselves at a crossroads. Currently holding a 75-65 record, they sit second in the National League East, six games behind the Philadelphia Phillies, and are the 10th best team in MLB. These numbers fall short of Cohen’s lofty expectations, leading to speculation that two of the team’s biggest stars may depart in the upcoming offseason.

The Mets are already signaling a shift towards the future, calling up their top three pitching prospects to inject new life into the roster. Nolan McLean and Jonah Tong have already made their debuts, with Brandon Sproat set to join them this weekend against the Cincinnati Reds. This youth movement suggests a strategic pivot, potentially preparing for life without some of their established veterans.

The Looming Decisions: Alonso and Díaz

The spotlight is firmly on first baseman Pete Alonso and closer Edwin Díaz, both of whom possess player options that must be exercised five days after the conclusion of the 2025 MLB season. According to preliminary reports from MLB expert Jeff Passan, it’s highly anticipated that both players will decline their options, thus becoming free agents.

For Alonso, turning down his option, which would have paid him $24 million in 2026 after earning $30 million in 2025 (part of a $54 million two-year deal), is considered an “obvious decision” by Passan. This move would allow the slugging first baseman to explore the open market for a more lucrative long-term deal.

Alonso’s Stellar Performance and Market Value

Alonso, 31, is in the midst of one of his most productive seasons, boasting 33 home runs and 113 RBIs. This marks the fourth time in his six 162-game seasons that he has reached the impressive triple-decade mark in home runs and a century of RBIs. His consistent power makes him a formidable force at the plate.

However, the market for right-handed hitting first basemen who offer limited impact in terms of running or fielding can be complex. While his offensive production is undeniable, teams may weigh his age and defensive profile when considering long-term commitments. With the Mets potentially looking to reduce their payroll, Alonso’s future in Queens remains uncertain.

Díaz’s Dominance and Contractual Leverage

Closer Edwin Díaz, who will soon turn 32, signed an extension three years ago before hitting the open market. He has two years and $37 million remaining on his current contract. Given his continued elite performance, it makes perfect sense for him to opt out and seek a more lucrative long-term deal if an extension with the Mets isn’t reached.

Díaz has been lights out this season, posting a stellar 1.87 ERA in 53 innings pitched, accompanied by 81 strikeouts and only 18 walks. His ability to dominate in high-leverage situations makes him one of the most coveted relievers in baseball. The Mets will face a significant challenge in retaining his services against what is expected to be a robust market.

The Path Forward for the Mets

The potential departures of Alonso and Díaz would free up significant payroll, allowing the Mets to either invest in new stars or continue building through their promising farm system. The call-ups of young pitchers like Nolan McLean, Jonah Tong, and Brandon Sproat underscore a strategy to cultivate homegrown talent, offering a cost-effective path to sustained competitiveness.

As the Mets navigate the remainder of the 2025 season, all eyes will be on these crucial player decisions that will undoubtedly shape the team’s trajectory for 2026 and beyond. The future of the New York Mets is poised for a significant transformation, with the team facing pivotal choices regarding its veteran stars and emerging prospects.