`Soto's marriage to the Mets' All in cash without credit of $765 million! There will be no such contract in the future

Dec 10, 2024

Soto's marriage to the Mets' All in cash without credit of 765 million! There will be no such contract in the future
New York Mets and Juan Soto signed a 15-year, $765 million FA contract. Photo =MLB.com Capture



Soto's marriage to the Mets' All in cash without credit of 765 million! There will be no such contract in the future
후안 소토. AFP Yonhap News
Local media were also surprised when Juan Soto signed a 15-year, $765 million FA contract with the New York Mets to set a record for the highest price in professional sports history around the world.

ESPN reporter Alden Gonzalez said 'The Otani Shohei contract is $438 million, considering the suspension of payment. Soto overwhelmingly pressed Ohtani. Ohtani, a combined pitching and hitting job, could completely transform into a designated hitter in a few years, but Soto's contract was created by his special hitting ability, attractive young age, and demand phenomenon that big market clubs flocked to.

Unlike Ohtani's $700 million contract in recognition of his top-notch skills as a pitcher and batter, Soto became the main character of the highest contract with only his batting skills.




The same media reporter Jeff Bankruptcy wrote, `It's because Juan Soto is Juan Soto, Steve Cohen is Steve Cohen, and Major League Baseball is Major League Baseball in a year. A change can come at any time, and 'Such a change came today. 'With money and contract period and choice and results' commented.

MLB.com Journalist Anthony DiComo called Soto and the Mets" deal the `perfect marriage between a high-powered outstanding player and a billionaire owner who refuses to be rejected.'

Soto's marriage to the Mets' All in cash without credit of 765 million! There will be no such contract in the future
Juan Soto is giving an official interview ahead of the opening of the World Series against the Los Angeles Dodgers on the 10th (Korea time). AP Yonhap News
Details of the Soto contract were also disclosed.




The Sining Bonus is $75 million, and there are no subsequent payment deferrals. After the 2029 season, that is, after five seasons, the right to opt out will be granted, and if the Yankees increase their average annual salary (AAV) from $51 million to $55 million, the right will be extinguished. In this case, the total amount of the total 15-year contract will be $805 million.

Until now, megaton contracts that surprised the world have been announced occasionally, but the scale has never been so special.

The first $100 million contract in major league history is $105 million for seven years, signed by Kevin Brown with the Los Angeles Dodgers in November 1998. And just two years later, Alex Rodriguez (A-Road) signed with the Texas Rangers for 10 years and $252 million, becoming the first player to exceed $200 million. The total amount of A-road's contract doubled the $126 million of NBA Kevin Garnett, which was the highest North American professional sports ransom at the time, leading to public criticism that it was a "bubble".




However, the overall pace of inflation has not decreased. The $300 million contract first appeared in November 2014, 14 years later. The Miami Marlins awarded Giancarlo Stanton (now the New York Yankees) a 13-year, $325 million long-term contract.

In March 2019, Los Angeles Angels Mike Trout signed a 12-year, $426.5 million extension, becoming the first $400 million man. And last year, Ohtani signed a 10-year, $700 million FA contract, exceeding $500 million and $600 million to enter the $700 million range.

Soto's marriage to the Mets' All in cash without credit of 765 million! There will be no such contract in the future
Toronto Blue Jays Vladimir Guerrero Jr. AP Yonhap News
Then, can a contract beyond Soto come out in the future. At least it seems impossible to break it within the next 10 years.

This is because most of the players who have become superstars around the age of 20 have already signed long-term contracts. In other words, there are no superstar players who will qualify for FA at the age of 25 and 26.

Atlanta Braves Ronald Acuña Jr., who achieved the first 40 home runs and 70 steals in the major leagues in 2023, signed an eight-year, $100 million extension in April 2019 and will not be able to be on the market until he is 31 years old if he includes club options.

Milwaukee Brewers shortstop Jackson Jurisio made his major league debut this year at the age of 20 and showed the possibility of growing into a '5 Tool Superstar', but he will be 29 years old in 2033, when he becomes an FA after signing an extension contract for eight years and $82 million last winter under the condition of club options from 2032-2033.

The same goes for the Kansas City Royals' Bobby Witt Jr., who is called a monster shortstop. He was able to become an FA at the age of 27, but earlier this year, he signed an 11-year, $288.88 million, ultra-long-term contract, guaranteeing a stable career. From 2031, player options have been set to terminate the contract and become an FA, but the age is already over 30.

However, Toronto Blue Jays Vladimir Guerrero Jr., who will enter the FA market at the age of 26 after next season, is drawing attention, but the majority opinion is that he is not close to Soto in terms of his skills. So far this year, he has a six-year career bWAR 21.5, OPS 0.864, and 160 home runs in the major leagues, and Soto marked a career bWAR 29.5, OPS 0.943, and 160 home runs just before the FA season, that is, during the same period.

Soto's marriage to the Mets' All in cash without credit of 765 million! There will be no such contract in the future
Juan Soto and agent Scott Boras. AP Yonhap News


This article was translated by Naver AI translator.