Blogs

Juan Soto signs record breaking 15yr $765 Million contract with New York Mets

Dec 9, 2024 | Sports

December 9, 2024

Juan Soto signed a record-breaking 15-year, $765 million contract with the New York Mets, making him the highest-paid athlete in sports history. His deal surpasses Shohei Ohtani’s $700 million contract with the Los Angeles Dodgers, although Ohtani’s $70 million yearly average remains higher due to deferred payments.

Soto’s contract highlights the earning potential in baseball, where there’s no salary cap, unlike the NBA and NFL. In comparison, the NBA’s highest-paid player, Jaylen Brown, earns $57.1 million annually, while NFL star Patrick Mahomes’ 10-year, $450 million deal averages $45 million per year.

Soto’s earnings still fall short of Cristiano Ronaldo’s £200 million annual salary from Saudi club Al Nassr. Lionel Messi’s final Barcelona contract set a financial gold standard, worth $674 million, but it contributed to Barcelona’s financial troubles. The Mets hope Soto’s historic deal won’t lead to similar challenges.

Did you like this article?

Did you like this article?

0 Comments

Latest Posts

Blue Jays Take Control — One Win Away from Glory

The World Series is heading back to Toronto — and for the first time this postseason, the Blue Jays are favourites to win it all. After taking a 3–2 series lead over the Dodgers, Toronto’s odds have flipped dramatically. On FanDuel, the Jays now sit at -240 (70.8%...

OpenAI and Sur Energy Plan $25 Billion AI Data Center in Argentina

In a landmark move for Latin America’s tech landscape, OpenAI and Sur Energy have signed a letter of intent to build a massive AI data center in Argentina, requiring an investment of up to $25 billion, the Argentine government announced Friday. The project, known as...

Events

Related articles