Slugger Pete Alonso and the New York Mets are in agreement on a two-year, $54 million contract, sources told ESPN on Wednesday, ending a lengthy free agency with a return engagement to the only team for which he has played.

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 Mets are re-signing Pete Alonso to a two-year contract that calls for him to make $30 million in 2025 and includes an opt-out after the first year.