"$805,000,000 is crazy" - Fans react as Juan Soto's $765,000,000 deal could be worth $40,000,000 more after opt-out clause adjustment

MLB: ALCS-New York Yankees at Cleveland Guardians - Source: Imagn
Juan Soto will earn $55 million a year if he refuses to opt out after 2029 (Source: Imagn)

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.

Quick Links

Edited by Bhargav
Sportskeeda logo
Close menu
WWE
WWE
NBA
NBA
NFL
NFL
MMA
MMA
Tennis
Tennis
NHL
NHL
Golf
Golf
MLB
MLB
Soccer
Soccer
F1
F1
WNBA
WNBA
More
More
bell-icon Manage notifications