Official MLB payroll reports and financial disclosures

Mets Sign Juan Soto for Over $1 Billion, Pursue Nolan Arenado as Astros Emerge as Suitors

Dec 14, 2024, 05:15 PM

The New York Mets have officially signed outfielder Juan Soto, marking a significant move in their strategy to become a consistent World Series contender. The announcement was made during a press conference at Citi Field, where Soto expressed his excitement about joining the team. Steve Cohen, the Mets' owner, has a vision for the franchise, and the acquisition of Soto is seen as a pivotal step. Soto's contract, valued at over $1 billion according to super-agent Scott Boras, is viewed as a strong business decision. Meanwhile, the Mets are also rumored to be pursuing St. Louis Cardinals infielder Nolan Arenado, as the Houston Astros have emerged as serious contenders for Arenado's services. This development adds another layer to the competitive landscape in Major League Baseball, particularly in the rivalry between the Mets and the Yankees, who are reportedly feeling the pressure following Soto's departure from their roster.