The New York Mets have landed free-agent outfielder Juan Soto with the largest contract in MLB history.
It’s an unprecedented amount for the four-time All-Star, partly because he’s just 26 years old and the peak years of what already looks like a Hall of Fame career could still be ahead of him.
Soto chose the Mets over the New York Yankees, Toronto Blue Jays and Boston Red Sox − preferring to remain in the Big Apple after hitting .288 with a career-high 41 home runs and 109 RBI with the Yankees last season.
Here’s a look at the staggering numbers in his history-making deal with the Mets.
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Juan Soto contract details, by the numbers
Number of years: 15
Signing bonus: $75 million
Total value of contract: $765 million. That’s $65 million more than the 10-year, $700 million contract Shohei Ohtani signed last offseason with the Los Angeles Dodgers.
Deferred money: $0
Average annual value: $51 million. Also a record, since a sizable portion of Ohtani’s contract is deferred until after his playing days are over.
Opt-out clauses: Soto has the right to opt out of his contract after the 2029 season. The Mets also have the right to void Soto’s buyout if they increase his salary from $51 million to $55 million beginning in 2030 for 10 years.
Potential total value of contract: $805 million, if the Mets exercise their option.