Amazin' - Soto Breaks The Bank


Juan Soto | @nut_history | X

The wait is over and Juan Soto will be returning to New York, only this time as a New York Met.

All eyes this off season were focused on where Juan Soto would land, but even more so what the uber talented 26 year old's contract would look like. After Shohei Ohtani broke the bank and signed with the Dodgers it had been speculated that Soto's deal could be even higher, and the speculation came to fruition Sunday night.

The outfielder and the New York Mets are in agreement on a 15-year, $765 million contract. That deal will now be the largest deal in professional sports history.

The deal Soto's includes no deferred money, unlike Ohtani, and even has escalators that can reach above $800 million. It is also being reported that Soto can opt out of the contract after the 2029 season or the Mets can void the opt out if they buy him out for $4 million dollars more. That would raise the contract to $55 million dollars per year for the remaining 10 years of the contract's span. If the void is exercised the deal would then turn into a 15 year, $805 million dollar contract all told.

Soto is from the Dominican Republic and began his MLB playing career at 19 years old. After his outstanding start to his career Soto turned down the Washington Nationals offer of a $440 million contract two years ago. He was then traded to the Padres for a haul of prospects, and subsequently to the Yankees for the same sort of large trade deal before last season.

Soto hit a career-high 41 homers last season with the Yankees with a .288 average and one of the best batting eyes in the league.

Organizations Included in this History


Daily Feed

Plaintiff Linkedto Partners LLC Accuses Digital Asset Firm DeFi Technologies Inc. of Securities Fraud

Linkedto Partners LLC has initiated a class-action lawsuit against DeFi Technologies Inc., accusing them of securities fraud by allegedly making false statements about their financial health between May and November of this year.


Plaintiff alleges auto dealer and bank conspired in deceptive financing scheme

In a lawsuit filed on December 5th in Brooklyn's Eastern District Court of New York against Generation Kia Inc., Esran L. Boothe claims he was misled into an inflated car financing deal through deceptive practices involving electronic contracts...


UCS Trading Inc., an e-commerce business victimized by fraudsters sues The Moroccan Deal Inc., alleging deceptive investment scheme

In a striking legal move, UCS Trading Inc., an e-commerce company based in New York City has filed a lawsuit against The Moroccan Deal Inc., accusing them along with two individuals of orchestrating a fraudulent investment scheme involving...