Juan Soto’s jaw-dropping $765 million contract with the Mets could redefine his net worth and the future of baseball
New York: This weekend, Juan Soto made waves by signing a jaw-dropping 15-year, $765 million deal with the New York Mets. Can you believe it? That’s the biggest contract in U.S. pro baseball history!
Some folks are worried that the Mets’ ability to throw around such cash, thanks to billionaire owner Steve Cohen, might shake up the whole sport. And get this—the total could even go beyond $765 million!
The contract has an opt-out after five years, but the Mets can keep it going if they raise his annual pay from $51 million to $55 million after 2029. That could push the deal’s value to a whopping $805 million!
When you add Soto’s previous earnings of about $80.1 million from his time with the Nationals, Padres, and Yankees, he’s on track to become a baseball billionaire someday.
Before this deal, Soto was already gearing up for a financial boost. He starred in a fun ad for Celsius energy drink, poking fun at big-league signing announcements while announcing he was joining their team.
Sportico even noted that Soto could rake in around $3 million in endorsements this year from brands like Under Armor and Wilson. Plus, he’s got a solid social media presence with about 1.75 million followers across platforms.
Experts think Soto’s performance on the field will bring in enough excitement and profits to make this hefty contract worthwhile for the Mets. He’s already won a World Series and led the Yankees to the American League pennant in 2024!
As Dennis Mannion, a former Dodgers president, said, if the Mets keep winning, Soto’s contract could pay for itself. Outside of his big contracts, Soto seems to keep things pretty low-key, selling a $1.1 million home in Virginia last year.