DALLAS — Star outfielder Juan Soto has signed what is being hailed as the largest contract in team sports history, worth a staggering $765 million over 15 years with the New York Mets. This deal, which could rise to $805 million, was confirmed by a source who asked to remain anonymous, as the agreement is pending a physical examination.
As the winter meetings for baseball approach, this agreement marks a significant moment not just for Soto but for the entire league. Soto’s deal surpasses all previous contracts in Major League Baseball (MLB) and is notably larger than Shohei Ohtani’s $700 million, 10-year contract with the Los Angeles Dodgers, made last December.
Soto’s contract is especially remarkable because it does not include any deferred payments, boosting its average annual salary to about $51 million. This also places it ahead of previously notable contracts, including Fernando Tatis Jr.’s 14-year, $340 million deal with San Diego.
The New York Yankees, who were also in pursuit of Soto, presented a final offer of $760 million over 16 years, which highlights the competitiveness of the market for top talent. At just 26 years old, Soto is celebrated as one of the most gifted players of his generation and is a four-time All-Star.
Having made his Major League debut at the age of 19 with the Washington Nationals, Soto played a key role in their World Series victory the following year. He previously turned down a substantial $440 million offer from the Nationals in 2022, eventually being traded to San Diego and then to New York, where he has continued to shine on the field.
Throughout his career, Soto has built an impressive resume with a .285 batting average, 201 homers, and 592 RBIs over seven seasons. His talents have played a crucial role in the Yankees’ recent success, helping them reach the World Series for the first time since 2009.
As Major League Baseball continues to evolve, Soto’s groundbreaking contract lays the groundwork for future negotiations and emphasizes the increasing financial stakes in the sport.
