Could Juan Soto even be worth $765 million? This question looms large over the baseball world, especially for the New York Mets, who recently secured the young superstar’s services. Soto’s decision to turn down a $440 million offer from the Washington Nationals was surprising, yet it showcased his ambition to aim even higher. At just 23, he was already a three-time MVP finalist and a batting champion, setting the stage for an unprecedented deal.
In the summer of 2022, after the Nationals’ disappointing seasons, they extended a lucrative offer to Soto. However, he opted to bet on himself, leading to a jaw-dropping 15-year, $765 million contract with the Mets. This monumental agreement not only reshapes his career but also sends shockwaves through Major League Baseball, as it is the largest deal in the sport’s history.
Soto’s journey took a brief detour when he struggled after being traded to the San Diego Padres, posting a .236 batting average in the final games of 2022. However, he quickly regained his form, helping the Padres reach the National League Championship Series. His performance during the playoffs demonstrated his elite skills, showcasing the blend of power and patience that makes him a sought-after player.
Giants manager Bob Melvin noted that Soto was positioning himself for a massive contract, and his prediction proved correct. The contract’s length and size are reminiscent of Álex Rodríguez’s deal in 2000, making Soto’s contract a unique case in sports history. With teams increasingly finding ways to extend their young stars before they hit free agency, Soto’s situation stands out.
While Soto may not have the home run power of Aaron Judge, he ranks among the elite in on-base percentage, boasting a .421 mark, the second-highest for any player in the last 75 years. His career wRC+ of 158 surpasses legends like Hank Aaron and Willie Mays, further solidifying his status as a generational talent.
The Mets’ billionaire owner, Steve Cohen, is willing to invest significantly in Soto, signaling a shift in how franchises approach player contracts. Unlike many teams that would struggle with a $51-55 million annual commitment, the Mets are positioned to absorb this financial burden. Cohen’s previous high-profile purchases, including a $141.3 million sculpture, illustrate his readiness to spend lavishly to build a winning team.
As the Mets prepare for the upcoming season, their payroll is still lower than last year, indicating that Cohen’s strategy might involve further acquisitions. If Soto can deliver championships to New York, fans may overlook the staggering financial implications of his contract.
Dave Martinez, Soto’s former manager with the Nationals, expressed confidence in Soto’s abilities, emphasizing that while the future is uncertain, his performance on Opening Day will be pivotal. With Soto now in the fold, the Mets are poised to make a significant impact in the league, and the question of whether he is worth $765 million may ultimately hinge on his contributions to the team.
