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Next MLB player to sign $500M+ contract by end of 2025?
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Juan Soto•New York Mets•Major League Baseball•Mets•Steve Cohen•Soto•Scott Boras•Boca Raton•Florida•Yankees•Blake Snell•Willy Adames•Vladimir Guerrero Jr
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Official contract announcements from MLB teams
Story
Juan Soto Signs 15-Year, $765M Mets Deal After Cohen's Intervention
Dec 10, 2024, 08:50 AM
Juan Soto, the 26-year-old outfielder, and the New York Mets have agreed to a record-breaking 15-year, $765 million contract, the largest in Major League Baseball history. Mets owner Steve Cohen played a pivotal role, holding a secret last-minute meeting with Soto and his agent Scott Boras at his home in Boca Raton, Florida. The Mets' willingness to accommodate Soto's request for a suite, which the Yankees refused to match, and significant tax savings of about $8 million with his signing bonus helped sway his decision. The signing not only solidifies the Mets' future but also impacts the Yankees, who missed out on Soto and are now exploring other options after losing opportunities to sign players like Blake Snell and Willy Adames. Juan Soto’s historic contract could influence future negotiations for other star players, such as Vladimir Guerrero Jr.
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