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Mets-bound Juan Soto set to sign biggest contract in sports history

Juan Soto is swapping the New York Yankees for their city rivals the Mets
Juan Soto is swapping the New York Yankees for their city rivals the Mets

Juan Soto has reportedly agreed a 15-year deal worth $765m (€724m) with the New York Mets that will be the biggest contract in sporting history.

This package will exceed the decade-long terms signed by Shohei Ohtani with Los Angeles Dodgers last December, which was said to be worth $700m (€663m).

MLB.com reported on the record-breaking contract for Soto, with the free agent from the Dominican Republic, who spent last season with the New York Yankees, reportedly set to receive a $75m (€56m) signing-on fee.

Meanwhile, the Mets will also have the option to void an opt-out clause in the deal after the 2029 campaign if they boost the average annual value of the final 10 years of this contract from $51m (€48m) to $55m (€52m), which would make it a €762m US dollar package overall for Soto.

Soto helped the Yankees reached the 2024 World Series with a career-high 41 home runs, but turned down fresh terms from the New York-based club.

Instead, the 26-year-old batter/outfielder will move across the city to join the Mets.

There has been no formal announcement yet with MLB.com stating: "The deal, which the Mets have not confirmed because it's pending a physical, contains a 75 million US dollar signing bonus, an opt-out after five seasons and no deferred money."

Before Ohtani’s trade to the Dodgers in 2024, the previous record contract in the MLB was the $426.5m (€403m) the Los Angeles Angels paid to Mike Trout as part of a 12-year deal in 2019.

Kansas City Chiefs quarterback Patrick Mahomes’ 10-year 450m (€426m) extension, agreed in 2023, was the previous highest in the world.

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