Record-Breaking Contract: Juan Soto Signs $765 Million Deal with New York Mets

Star outfielder Juan Soto and the New York Mets have reached a historic agreement, as they have agreed to a record $765 million, 15-year contract. This deal is believed to be the largest pact in team sports history, surpassing all previous records.

The news of this monumental contract was first reported by the New York Post, with a person familiar with the deal confirming the details to The Associated Press. The agreement is subject to a successful physical, and the individual spoke on condition of anonymity.

As part of the contract, Soto will have the right to opt out after the 2029 season if the Mets do not increase the contract to $805 million by raising the average annual value by $4 million annually. Additionally, Soto will receive a $75 million signing bonus, which will be payable upon approval by the commissioner’s office.

This agreement with Soto now stands as the largest and longest in Major League Baseball history, surpassing Shohei Ohtani’s $700 million, 10-year contract with the Los Angeles Dodgers. Soto’s deal does not include deferred money, setting its average annual value at $51 million.

While there are no definitive records in sports beyond the United States, Soto’s contract is believed to be unparalleled in all other team sports. This historic deal was finalized on the eve of baseball’s annual winter meetings, making headlines across the sports world.

Prior to signing with the Mets, the New York Yankees made a final offer to retain Soto, proposing a $760 million deal over 16 years. However, Soto ultimately chose the Mets’ offer, which had a higher average annual value.

At just 26 years old, Soto is a four-time All-Star and one of the most sought-after free agents in recent years. His accomplishments on the field have been remarkable, making him a standout player in the league.

Soto made his major league debut with the Washington Nationals in 2018 and played a key role in their World Series victory in 2019. After turning down a lucrative offer from Washington in 2022, he was traded to the San Diego Padres and then later to the New York Yankees in 2023.

During his time with the Yankees, Soto put up impressive numbers, batting .288 with 41 home runs, 109 RBIs, and 129 walks. His performance in the postseason was particularly notable, with clutch home runs helping the team reach the World Series.

Throughout his seven-year career, Soto has maintained a .285 batting average with 201 home runs, 592 RBIs, and 769 walks. His impact on the field and his potential for future success make him a valuable asset to any team.