The Orioles signed first baseman Pete Alonso to a five-year, $155 million deal Wednesday, acquiring one of MLB’s premiere power hitters.

The Orioles have captured a Polar Bear. After missing out on their bid to land free agent slugger Kyle Schwarber on Tuesday, the O's turned their attention to the next best bopper on the open market on Wednesday — agreeing to a five-year, $155 million contract with former Mets' first baseman Pete Alonso.

The unusually quiet Winter Meetings are in the books, so who were baseball's biggest winners and losers this week?

Another possibility could come via trade, with the Mets reportedly checking in on St. Louis Cardinals first baseman Willson Contreras, per John Denton of MLB.com. Contreras spent nine MLB seasons primarily at catcher before making the switch to first base last year. The three-time All-Star hit .257 with 20 home runs and 80 RBI in 2025.

Pete Alonso’s five-year, $155 million deal with the Orioles instantly turns Baltimore’s lineup back into a legitimate powerhouse and raises the ceiling of the entire AL East race. It signals an organizational shift in Baltimore to an “all‑in” contender for the next few seasons.

Rejoice, Orioles fans. This isn’t winter business as usual for Mike Elias. This is a declaration of a new era across Birdland.

Boston swings and misses again as Pete Alonso heads to Baltimore, leaving Red Sox fans furious and the team still searching for its middle-order thunder.