Juan Soto Contract Breakdown: What Are the Mets Paying Their New Star?
The New York Mets have secured outfielder Juan Soto, signing him to the most lucrative contract in MLB history.
This groundbreaking deal is notable not only for its unprecedented value but also because Soto is only 26, and his Hall of Fame-caliber career may still be on the rise.
Soto opted to join the Mets instead of the New York Yankees, Toronto Blue Jays, or Boston Red Sox, choosing to continue his career in New York after an impressive last season where he recorded a .288 batting average, 41 home runs, and 109 RBIs with the Yankees.
Here’s a glance at the remarkable details surrounding his record-setting contract with the Mets.
Details of Juan Soto’s Contract: Key Figures
Contract Length: 15 years
Signing Bonus: Â $75 million
Contract Total Value: $765 million. This surpasses Shohei Ohtani’s 10-year, $700 million contract with the Los Angeles Dodgers by $65 million.
Deferred Money: $0
Average Annual Value: $51 million. This is also a record, with Ohtani’s deal including deferred payments that extend beyond his playing days.
Opt-out Clauses: Soto has the option to opt out after the 2029 season. Additionally, the Mets can void his buyout if they increase his salary from $51 million to $55 million starting in 2030 for a decade.
Projected Total Contract Value: $805 million, should the Mets decide to exercise their option.
