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Juan Soto Signing With Mets on Gargantuan $765 Million Contract as Yankees Miss Out
New York Post ^ | Dec. 8, 2024 | Mike Puma

Posted on 12/08/2024 9:36:18 PM PST by nickcarraway

What a Juan-der-ful holiday season it will be for the Mets. In a move that will reverberate through not just MLB, but the entire worldwide sports landscape, Juan Soto agreed to a record 15-year contract worth $765 million with the Mets on Sunday, according to sources, to usher in the Winter Meetings.

The deal eclipses the $700 million contract over 10 years (which included significant deferrals) that Shohei Ohtani received from the Dodgers last winter. MLB valued that deal at $460 million in present-day value because of the deferrals.

SNIP

The Yankees pushed hard to re-sign Soto, with managing partner Hal Steinbrenner raising his offer to 16 years and $760 million – more than double what the team gave Judge in free agency (nine years, $360 million) before the 2023 season. Ultimately it was Steve Cohen’s offer that won out, allowing the Mets owner to make a tsunami of a splash for a fan base that has long been frustrated by life in the Yankees’ shadow.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Sports
KEYWORDS: baseball; breadandcircuses; juansoto; mets; sportsball; sportsballhero; sportsballheroes; who; yankees
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1 posted on 12/08/2024 9:36:18 PM PST by nickcarraway
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To: nickcarraway

Whoa


2 posted on 12/08/2024 9:43:14 PM PST by Vendome (I've Gotta Be Me https://youtu.be/wH-pk2vZG2M)
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To: nickcarraway

Ridiculous. How does the average fan continue to identify with these enormously compensated players and wealthy owners. Baseball was once America’s passion because people played it as youths and closely identified with the players. Suspect MLB will be broke in fifteen years.


3 posted on 12/08/2024 9:45:12 PM PST by allendale
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To: allendale

It was a better world when professional athletes had to get jobs in the off-season.


4 posted on 12/08/2024 9:50:34 PM PST by dfwgator (Endut! Hoch Hech!)
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To: nickcarraway

Base-a-ball been berry berry goot to may …


5 posted on 12/08/2024 9:54:09 PM PST by 11th_VA
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To: nickcarraway

Doesn’t matter

Dodgers in 5 games over the Mets and will now sweep the Yankees in 2025


6 posted on 12/08/2024 10:03:15 PM PST by JerryWest_44
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To: allendale

Yup! Absurd! Does the mlb get U.S. gift subsidies?


7 posted on 12/08/2024 10:16:08 PM PST by rktman (Destroy America from within ? Check! WTH? Enlisted USN 1967 to end up with this💩? 🚫💉! 🇮🇱👍!)
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To: nickcarraway

There are limits to what teams can pay. Even the Yankees. Considering what the Yankees are paying certain players (Aaron Judge, Giancarlo Stanton and Gerrit Cole), another contract of comparable size would leave the team hard pressed to fill out the roster with complementary players.

An example of this reality is when Kevin Durant took a pay cut to sign with the Golden State Warriors of the NBA. Durant wanted a championship ring more than the money.

https://clutchpoints.com/warriors-news-kevin-durant-says-taking-a-pay-cut-was-to-keep-golden-state-together

Durant got his ring, actually two, and currently has one of the most lucrative contracts in the league. While he remains a freak of a player, his current team, the Phoenix Suns, got tossed out, ignominiously, in the first round of the playoffs last year.

Another aspect of “Moneyball” (or, bottom line management of pro teams) is combining (A) big contracts with select players, with (B) minimum contracts with players without the number of years of experience needed to go free agent, and with (C) mid-size contracts for complementary players.


8 posted on 12/08/2024 10:25:52 PM PST by Redmen4ever
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To: nickcarraway

another “Bobby Bonilla” day participant


9 posted on 12/08/2024 10:36:33 PM PST by stylin19a ("If You Can Read This, Thank a Teacher. If You Can Read It In English, Thank a Veteran" )
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To: nickcarraway

BTTT


10 posted on 12/08/2024 10:48:51 PM PST by nopardons
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To: nickcarraway

15 years is absurd...


11 posted on 12/09/2024 12:10:22 AM PST by SuperLuminal
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To: nickcarraway

Sorry, but no left fielder is worth that much money.


12 posted on 12/09/2024 12:21:22 AM PST by Bullish (Socialism is a weed that blooms into communism, the tyranny that strangles liberty.)
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To: nickcarraway

Unlike Judge and Cashman, Soto is smart enough to realize that the Yankees will never win a World series while Boone is the manager.


13 posted on 12/09/2024 1:08:26 AM PST by Brooklyn Attitude (Today's "conspiracy theory" is tomorrow's conspiracy FACT.)
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To: nickcarraway

How incredibly dumb...Mets are on the hook for 15 years, and they will be lucky to get 5 good years out of Soto.


14 posted on 12/09/2024 2:11:17 AM PST by rottndog (What comes after America?)
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To: nickcarraway

These ridiculous salaries are inflationary. Baseball is so not worth it.


15 posted on 12/09/2024 2:12:38 AM PST by caddie
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To: Redmen4ever

MLB is first and foremost a league for physical freaks of nature. That being: itchers.

“Position players”, with notable exceptions, are consigned to play bit parts in the familiar MLB drama.


16 posted on 12/09/2024 2:37:37 AM PST by one guy in new jersey
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To: nickcarraway

Yikes! I am glad my Nats traded him when they could. Although he will be back to persecute us! lol!


17 posted on 12/09/2024 2:50:43 AM PST by quilterdebbie (We will endeavor to persevere!)
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To: Redmen4ever

Lol...”P”itchers!

Not belly itchers.


18 posted on 12/09/2024 2:58:10 AM PST by one guy in new jersey
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To: JerryWest_44

Quote: “ Dodgers in 5 games over the Mets and will now sweep the Yankees in 2025”

Sweep the Yankees in the WS? You think the Yankees are ever getting close?!?! They won’t make the playoffs. With Cashman in charge in his “job for life” they are done.


19 posted on 12/09/2024 2:58:12 AM PST by FlipWilson
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To: dfwgator

When contracts went to 2 and 3 year deals...it tended to work. Once you got to a 6 or 8 year deal....more than half of them are crap in the end.

Lets not forget the 2020 8-year deal with Christian Yelich, Milwaukee Brewers.


20 posted on 12/09/2024 3:32:20 AM PST by pepsionice
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