Mets land the big prize of the 2024-25 offseason by signing Juan Soto.
The Mets are the winners of the Juan Soto sweepstakes, as they agreed to a massive 15/$765 deal late Sunday night. Details are still coming out but Soto has an opt out after five years. When last writing about Soto, my take was that they should offer a 14-year deal with an opt out after five years.
The money is impossible to comprehend. But Soto is one of the best young hitters in MLB history. And he’s a good bet to remain elite for the next five years. My hope is that he’s healthy and productive enough over the next five years that he’ll opt out.
It’s exciting to add Soto to the team’s lineup. He immediately upgrades the lineup and should combine with Francisco Lindor for a potent 1-2 punch.
A big thumbs up from me to Steve Cohen for landing Soto.
Update: Will Sammon reports there is no deferred money in the deal.
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His salary was dictated by the marketplace. There were at least three franchises that could have afforded his salary and made money with this expenditure, and probably a few others more. This signing definitely improves the Mets but they are still work to do with the roster. At the least, they have to obtain a first baseman or a third baseman. They also have to obtain a front line pitcher that can pitch 170 innings. It was a good signing.
According to Ken Rosenthal
Source: Mets can void Soto’s opt-out after five years by by escalating his average annual average value from $51M to $55M over the last 10 years. On it:
@jorgecastillo
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