Although they are not the Yankees, New York won the Juan Soto free agency sweepstakes. Soto signed a record 15-year, $765 million contract with the Mets late Sunday, just before the Baseball Winter Meetings officially opened in Dallas.
Juan Soto’s new contract raised net worth
A $75 million signing bonus is also included. At the conclusion of the 2029 season, Juan Soto will have five years to choose to terminate the contract. His compensation will rise to $805 million if he doesn’t opt out and the Mets try to nullify it.
Overtaking Shohei Ohtani’s one-year, $700 million contract with the Los Angeles Dodgers from the previous off-season, it is the biggest deal in sports.
Juan Soto now holds the best annual average price (AAV) in all of Major League Baseball. His AAV, based totally at the 15-year settlement, will be $51 million. That surpasses the $forty six,081,476 Ohtani AAV, that is decreased because of the full-size amount of deferred money in his contract.
Juan Soto new deal update
It is likewise the longest deal in MLB history, lasting 15 years. According to reports, Juan Soto acquired a sixteen-year, $760 million settlement from the New York Yankees, which would have had an AAV of $forty seven.5 million. Soto turned into also supplied $seven-hundred million via the Red Sox.
The 26-yr-vintage Soto’s agreement is similar to Alex Rodriguez’s 10-year, $252 million settlement with the Texas Rangers in 2000.
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