On Thursday, Joel Sherman of The New York Post revealed that the Mets offered Alonso a three-year contract in the $68 million-$70 million range. After the four-time All-Star rejected it, they set their sights on adding a top-tier reliever and potentially executing a trade for Toronto Blue Jays slugger Vladimir Guerrero Jr.

The Mets, according to sources, are of the belief Alonso will sign elsewhere. The Post’s Joel Sherman reported on Thursday that Alonso declined a three-year offer from the team that would have paid in the $68 to $70 million range.

Pete Alonso's time may be nearing an end as the two sides are not close to an agreement on the slugger's next contract.