Fans reacted as Juan Soto's free agency has finally come to an end. After a long pursuit from some of the big-market clubs, the outfielder has found a home in Queens, New York with the Mets locking up their face of the organization for the next one and a half decades.
As reported first by ESPN, the deal signed on paper is $765 million for 15 years, giving Juan Soto an average annual value of $51 million. However, as the details of the contract came through, the baseball community got a fairer idea of what's in store for the Dominican and the Mets.
The 15-year contract has an opt-out clause after five years, following the 2029 season. The clause says that Soto, who would be 31 at the time, will have a chance to opt out of the contract. But if he doesn't, he will be guaranteed an extra $4 million per year, which will make the AAV of his last 10 years $55 million, making it a total of $805 million for 15 years.
The magnitude of the contract brought a plethora of reactions from fans, who were shocked to know that Soto could breach $800 million.
$805M is crazy. I don’t understand this market," a fan tweeted.
"Steve basically said if you live up to the contract I’ll give you a raise," a fan remarked.
"This is the kicker right here - has a chance to make $800 million and no one is saying no to that," another fan wrote.
"So in 5 years if the Mets fail in the playoffs, will Soto get traded again?," a fan joked.
"Oh so it’s literally just an $805M deal. Yeah Cohen backed up the dump truck. He wasn’t losing this guy," a user wrote.
Yankees fall $5 million and a year short of signing Juan Soto
The New York Yankees came close, mighty close to reuniting with Juan Soto, but the $765 million guaranteed money the Mets had offered was a step too far for the Steinbrenners and GM Brain Cashman.
As per reports, the Yankees' final offer was $760 million for 16 years that would have given Soto an AAV of $47.5 million.
The specifics of that offer aren't disclosed yet, but it was still a hefty sum on paper. Nevertheless, the Bombers now have a chance to focus on other free agents in the market, including Corbin Burnes and Max Fried.