• Loading stock data...
Monday, October 6, 2025

Juan Soto Agrees to Groundbreaking $765 Million Mets Deal

It breaks Shohei Ohtani’s record for the largest player contract in sports history, and unlike Ohtani’s Dodgers deal, reportedly contains no deferred money.

Brad Penner-Imagn Images

Juan Soto has agreed to a 15-year, $765 million deal with the New York Mets, according to multiple reports. It breaks Shohei Ohtani’s record for the largest player contract in sports history, and unlike Ohtani’s Dodgers deal, it reportedly contains no deferred money.

It also contains escalators that could take it over $800 million, according to ESPN. Soto is coming off a stellar year with the Yankees, who reportedly finished runners-up in the sweepstakes for the Scott Boras client.

The Yankees reportedly offered just a hair less—$760 million over 16 years. That’s about $3.5 million less yearly than the record-breaking average annual value that Soto ultimately received. Steve Cohen’s Mets are now set to pay the 26-year-old Soto $51 million per year until the late 2030s—unless he opts out of the deal. The Athletic reports he can do so after the fifth season when he would be 31. ESPN reports the Mets will have an opportunity to void the 2029 opt out—by raising his annual salary from $51 million to $55 million. That would add $40 million to the guaranteed money, bringing it to $805 million.

Soto’s free agency at the age of 26 was a significant factor, as most free agents are around 30, as Ohtani was last offseason. That, alongside his consistent offensive excellence, provided the outfielder with immense leverage.

Mind-Boggling Math

At a basic level, this looks like a slight increase on Ohtani’s $700 million deal, with a lower yearly salary but a longer term. However, the lack of deferrals transforms any calculation. Ohtani will only make $20 million during the term of his contract, with the rest coming starting in 2034. As a result, MLB assessed his contract value as $460 million, lowering the salary tax number the Dodgers have to account for. Soto wound up clearing that figure by $305 million. Essentially, Soto’s new deal exceeded Ohtani’s in present value by the sum of the biggest contract in NBA history (Jayson Tatum—five years, $315 million).

Additionally, according to the New York Post, $75 million of the deal is granted to Soto as a signing bonus. Depending on where he declares his residency, he could avoid paying New York state and city taxes on that sum, making the true number even higher.

New York, New York

The Mets had MLB’s highest tax payroll in 2024, at $348 million. That was effectively cut in half after the season, to $173 million. Soto’s addition will once again bring them near the top of the spending list (to third, below the Dodgers and Phillies), and they likely have more planned.

The Yankees have $199 million accounted for (now fourth, between the Mets and Padres), but the defending American League champions also have a significant gap in their lineup. There isn’t another player available capable of what Soto can do, but they could target free agents like Anthony Santander or Teoscar Hernandez as less expensive options who, while not stars, are capable hitters.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Napheesa Collier

WNBA Tensions Heat Up With Canceled Collier–Engelbert Meeting

The commissioner denied Collier’s version of events at a press conference Friday.
Paul Cartier

Sports Organists Are Still Thriving in the Era of Raucous Arena Music

“When they walk out and they see a real organ guy, it’s like, ‘Wow.’”

Fox Analyst Mark Sanchez Arrested After Violent Incident in Indy

Sanchez was “arrested for” three misdemeanors, but has not been charged.
Cody Campbell

Fox, ABC Reject Ad Accusing Power Conference Commissioners of Greed

Cody Campbell said the ads were pulled after he paid for them.

Featured Today

Sep 27, 2025; Milwaukee, Wisconsin, USA; Milwaukee Brewers center fielder Jackson Chourio (11) rounds the bases after hitting a home run during the sixth inning against the Cincinnati Reds at American Family Field.

Milwaukee Moneyball: Brewers Are Beating MLB’s Deeper Pockets

Milwaukee is holding its own against big-budget competitors.
Kōloa Rum Company Rum Rusher
September 27, 2025

Panthers Bubbly, Jets Wine, Manning Whiskey: The Sports Booze Boom

A sommelier dives into the sports booze trend—and tries Jets wine.
Nov 17, 2024; Pittsburgh, Pennsylvania, USA; Pittsburgh Steelers fans wave Terrible Towels against the Baltimore Ravens during the fourth quarter at Acrisure Stadium
September 26, 2025

Steelers’ Irish Roots Are Deeper Than NFL Dublin Game

The Steelers have history and the foundation for a future in Ireland.
FARMINGDALE, NY - SEPTEMBER 23: Rory McIlroy of Team Europe hits out of the rough on the first hole during the 2025 Ryder Cup at Bethpage State Park on Tuesday, September 23, 2025 in Farmingdale, New York.
September 25, 2025

Ryder Cup in New York: Record-Setting Hopes and Fan Concerns

Organizers anticipate record attendance and revenue, but worry remains about fan behavior.
Caitlin Clark
October 2, 2025

Caitlin Clark Backs Napheesa Collier in Fight With WNBA

Clark had her exit interview on Thursday after an injury-riddled season. 
Caitlin Clark
exclusive
October 2, 2025

Caitlin Clark Will Not Join Second Season of Unrivaled

The Fever star struggled with several injuries in her second WNBA season.
Sponsored

How Soccer Star Jozy Altidore Became a Buffalo Bills Owner

Jozy Altidore discusses building a business legacy off the field.
Kuminga
October 1, 2025

With Kuminga Deal, Steve Kerr Now Warriors’ Biggest Looming Free Agent

Kuminga finally agreed to a new deal with the Warriors on Tuesday. 
LeBron James
September 30, 2025

LeBron, Giannis, Jokić All Weigh In on Contract Situations

James is on an expiring contract with the Lakers. 
Sep 29, 2025; Inglewood, CA, USA; Los Angeles Clippers forward Kawhi Leonard (2) poses during media day at Intuit Dome.
September 29, 2025

Kawhi Leonard: ‘Not Accurate’ That I Had a No-Show Job With Aspiration

Leonard called the allegations of a no-show job “clickbait.”
Ace Bailey
September 24, 2025

Ace Bailey Drops Controversial Manager Omar Cooper

Bailey fell to the No. 5 pick after being projected to go higher.