The New York Mets have secured a massive deal with Juan Soto, signing him for 15 years at a whopping $765 million after an intense competition with the New York Yankees.
Soto chose the Mets because they offered the most money, including a $75 million signing bonus and no deferred payments. Plus, he can opt out after five years unless the Mets boost his contract to over $800 million.
The Yankees’ offer was close—$760 million over 16 years—but they didn’t match the Mets’ perks. They even skipped offering Soto a fancy suite at Yankee Stadium , unlike the Mets who did so at Citi Field.
Header Text: The Bidding Battle
“We’ll never know if he would have remained a Yankee had they matched the Mets offer,” said one source about this high-stakes game of numbers. The Yankees thought their discount would be enough, but it seems every team has its limit on spending. Fans might wonder if they missed out on keeping such talent due to not budging on extras like suites.
Steve Cohen, owner of the Mets and known for his deep pockets, seemed determined to win this bidding war. Some say he would have kept raising his bid until Soto was theirs. It’s clear that Cohen’s wealth played a big role in securing this deal.
Soto is only 26 and already considered one of baseball’s greats with his incredible hitting skills and sharp eye at bat. In this case, hesitating cost the Yankees dearly as Soto now wears blue and orange instead of pinstripes.
What do you think about all these millions being tossed around?
