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Juan Soto makes history by signing world's richest sports contract ever with New York Mets for $765,000,000

Home> News> Sport

Updated 13:31 9 Dec 2024 GMTPublished 13:15 9 Dec 2024 GMT

Juan Soto makes history by signing world's richest sports contract ever with New York Mets for $765,000,000

The 26-year-old baseball outfielder has landed himself the largest deal in professional sports history

Poppy Bilderbeck

Poppy Bilderbeck

Juan Soto is reportedly set to sign a $765 million deal with Major League Baseball's New York Mets.

On Sunday (December 8), the Mets are reported as having offered the baseball outfielder - full name Juan José Soto Pacheco - a 15-year contract for a staggering amount of money, according to multiple sources.

And the deal doesn't just stop there either.

What is the deal?

Soto has just spent one season with rivals The New York Yankees, who reportedly offered him $760 million for a 16-year contract, however, representatives for the baseball player stated that he would be signing with the biggest deal which comes his way.

And this deal certainly dwarves all others, multiple sources telling MLB The Mets deal with the 26-year-old is for a whopping $765 million, including a $75 million signing bonus alongside an op-out after five seasons and no deferred money - the contract ultimately potentially ending up worth over $800 million.

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And other historical deals don't even really come close in comparison.

Juan Soto's deal is the largest on record (Jim McIsaac/Getty Images)
Juan Soto's deal is the largest on record (Jim McIsaac/Getty Images)

Historical deals

In March, 2021, Francisco Lindor signed with the New York Mets for a 10-year contract worth $341 million, and in March 2019, Mike Trout signed to the Los Angeles Anegls for 12 years for a mega $426.5 million.

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In December 2023, Japanese baseball player, Shohei Ohtani, signed a decade-long contract too - worth an eye-watering $700m - with the Los Angeles Dodgers.

However, Soto's deal ultimately overtakes them all and is, on record, the largest in professional sports history.

And it's not taken long for baseball fans to weigh in.

It's a lot of money... (Kevork Djansezian/Getty Images)
It's a lot of money... (Kevork Djansezian/Getty Images)

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One Twitter user said: "Holy moly, that’s more than enough! That’s $51 million per year.

That’s $980,769 per week! Overpaid? Yeah my boss thinks I’m overpaid at $1000 per week."

"You could buy an entire team with that much money," another added.

A third commented: "Baseball clears every sport tbf," while a fourth resolved: "CHRISTMAS CAME EARLY."

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Granted, it's a hell of a lot of money, but Soto's deal very much reflects his stellar career so far, despite only still being 26 years old.

He's become known as one of the greatest hitters the sport has ever had, breaking into the league when he was just 19.

Soto already has 201 home runs to his name, alongside a 2020 bating title and five Silver Slugger Awards.

MLB reports: "In 4,088 career plate appearances, Soto owns a .285/.421/.532 slash line. His on-base percentage is the best among active Major Leaguers."

Featured Image Credit: Harry How/Getty/Mike Stobe/Getty

Topics: New York, US News, Sport, Money, Celebrity

Poppy Bilderbeck
Poppy Bilderbeck

Poppy Bilderbeck is a Senior Journalist at LADbible Group. She graduated from The University of Manchester in 2021 with a First in English Literature and Drama, where alongside her studies she was Editor-in-Chief of The Tab Manchester. Poppy is most comfortable when chatting about all things mental health, is proving a drama degree is far from useless by watching and reviewing as many TV shows and films as possible and is such a crisp fanatic the office has been forced to release them in batches.

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