{"id":135203,"date":"2024-12-09T20:43:47","date_gmt":"2024-12-09T13:43:47","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=135203"},"modified":"2024-12-09T20:43:47","modified_gmt":"2024-12-09T13:43:47","slug":"juan-soto-contract-breakdown-mets-765m-deal-has-opt-out-clause-that-could-raise-price-signing-bonus-more","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=135203","title":{"rendered":"Juan Soto contract breakdown: Mets&#8217; $765M deal has opt-out clause that could raise price, signing bonus, more"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<p><a class=\"Annotation-link\" href=\"https:\/\/www.cbssports.com\/mlb\/players\/2507367\/juan-soto\/\">Juan Soto<\/a> <a href=\"https:\/\/www.cbssports.com\/mlb\/news\/juan-soto-to-sign-with-mets-superstar-agrees-to-record-15-year-765-million-deal-in-free-agency-per-report\/live\/\">has reached his much-anticipated free-agent decision<\/a>, agreeing to terms with the <a class=\"Annotation-link\" href=\"https:\/\/www.cbssports.com\/mlb\/teams\/NYM\/new-york-mets\/\">New York Mets<\/a> on a 15-year contract worth $765 million. Soto&#8217;s contract becomes the largest in Major League Baseball history, <a href=\"https:\/\/www.cbssports.com\/mlb\/news\/juan-soto-beats-shohei-ohtani-to-top-list-of-best-paid-mlb-players-with-new-765-million-mets-contract\/\">dethroning the agreement<\/a> <a class=\"Annotation-link\" href=\"https:\/\/www.cbssports.com\/mlb\/players\/2901324\/shohei-ohtani\/\">Shohei Ohtani<\/a> signed just a year ago with the <a class=\"Annotation-link\" href=\"https:\/\/www.cbssports.com\/mlb\/teams\/LAD\/los-angeles-dodgers\/\">Los Angeles Dodgers<\/a>.\u00a0<\/p>\n<p>The rise of interest in sports business since the publication of &#8220;Moneyball&#8221; means, in part, that contract structures get scrutinized as much as lineups or in-game decisions. With that in mind, we here at CBS Sports wanted to honor the moment by breaking down four notable aspects of Soto&#8217;s reported agreement with the Mets.<\/p>\n<p>Let&#8217;s get to it.<\/p>\n<h2>1. There&#8217;s no deferred money<\/h2>\n<p>The defining characteristic of Ohtani&#8217;s 10-year, $700 million pact with the Dodgers was the absurd amount of deferred money &#8212; all but $2 million per season. As a result of that structure and the time value of money, Ohtani&#8217;s deal had a present value of $437,830,563, according to the <a href=\"https:\/\/cbssports.com\/mlb\/\">MLB<\/a> Players Association&#8217;s calculations.\u00a0<\/p>\n<p>No formula is needed for Soto&#8217;s agreement.\u00a0<\/p>\n<p>That&#8217;s because this deal contains no deferred money, <a href=\"https:\/\/x.com\/Feinsand\/status\/1865957979125596174\" rel=\"nofollow\">according to MLB&#8217;s Mark Feinsand<\/a>. In other words, this isn&#8217;t a case where Soto signed for $765 million but his &#8220;actual&#8221; contract is along the lines of being worth $450 million (or whatever figure).<\/p>\n<h2>2. Intriguing opt-out opportunity after 2029 season\u00a0<\/h2>\n<p>Although Soto signed for 15 years, or what appeared to be the rest of his career, he&#8217;ll actually hold the power to bail a third of the way through. Indeed, his pact includes an opt-out clause after five seasons, according to multiple reports<\/p>\n<p>Opt outs are commonplace in most of agent Scott Boras&#8217; megadeals. This particular opt-out clause includes a way for Soto&#8217;s record-breaking deal to hit the $800 million mark.<\/p>\n<p>The structure of the deal is front-loaded, per <a href=\"https:\/\/x.com\/Feinsand\/status\/1865974827015692790\" target=\"_blank\" rel=\"nofollow noopener\">Mark Feinsand of MLB.com<\/a>. Soto will be paid $305 million over his first five seasons with the Mets (a figure that includes a $75 signing bonus, more on that below). So after the 2029 season, Soto has the opportunity to opt out of his deal with 10 years and $460 remaining.<\/p>\n<p>If Soto does want to reenter free agency as a 31-year-old, the Mets have the opportunity to override his opt out by adding an addition $4 million per season to the final 10 years of his contract. That would give Soto $50 million per year for his final decade in Queens and raise the grand total of this enormous deal to $805 million.<\/p>\n<p>Keep in mind, Soto&#8217;s opt-out will fall after MLB and the MLBPA reach terms on a new Collective Bargaining Agreement, meaning the league&#8217;s landscape could look different than it does at present.\u00a0<\/p>\n<div class=\"PlayerSnippet\" style=\"border-top-color: #132448\">\n<div class=\"PlayerSnippet-image\">\n<div class=\"HeadshotContainer \">\n<div class=\"Headshot Headshot--largest\">\n<figure class=\"Headshot-image img\"><img decoding=\"async\" class=\" is-lazy-image\" alt=\"player headshot\" data-lazy=\"https:\/\/sportshub.cbsistatic.com\/i\/r\/2024\/02\/28\/23092435-8a7f-45f4-86c6-7241337311ab\/thumbnail\/100x100\/3ae6ccee2126216241208efece49af18\/2507367.png\" src=\"\"\/><\/figure>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"PlayerSnippet-teamLogo\">\n<div class=\"TeamLogo  TeamLogo--small\">\n                            <a href=\"https:\/\/www.cbssports.com\/mlb\/players\/2507367\/juan-soto\/\" aria-label=\"home team page\"><\/p>\n<figure class=\" img\"><img decoding=\"async\" class=\"TeamLogo-image is-lazy-image\" alt=\"team logo\" data-lazy=\"https:\/\/sports.cbsimg.net\/fly\/images\/team-logos\/alt\/310.svg\" src=\"\"\/><\/figure>\n<p>                                                <\/a>\n                    <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<h2>3. Massive signing bonus<\/h2>\n<p>Soto isn&#8217;t just getting paid a ton overall, he&#8217;s getting $75 million in the form of a signing bonus, <a href=\"https:\/\/x.com\/Feinsand\/status\/1865958422786502978\" rel=\"nofollow\">according to Feinsand<\/a>.\u00a0<\/p>\n<p>The payment schedule hasn&#8217;t been reported, but it should be noted that Soto won&#8217;t necessarily receive that $75 million all at once. <a class=\"Annotation-link\" href=\"https:\/\/www.cbssports.com\/mlb\/players\/2106654\/mookie-betts\/\">Mookie Betts<\/a>&#8216; deal with the Dodgers included a $65 million signing bonus paid in increments every Nov. 1. Conversely, <a class=\"Annotation-link\" href=\"https:\/\/www.cbssports.com\/mlb\/players\/2006996\/blake-snell\/\">Blake Snell<\/a> will receive a $52 million signing bonus from the Dodgers in January.<\/p>\n<p>We&#8217;ll see which path Soto&#8217;s bonus takes, but let&#8217;s be clear about something: it&#8217;ll still count for Competitive Balance Tax purposes. Nevertheless, it does make for a nice sweetener for players who are cognizant of the time value of money.<\/p>\n<\/p><\/div>\n<p><script type=\"text\/javascript\">\n    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\/>\n<br \/><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbssports.com\/mlb\/news\/juan-soto-contract-breakdown-mets-765m-deal-has-opt-out-clause-that-could-raise-price-signing-bonus-more\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Juan Soto has reached his much-anticipated free-agent decision, agreeing to terms with the New York Mets on a 15-year contract worth $765 million. Soto&#8217;s contract becomes the largest in Major &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=135203\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-135203","post","type-post","status-publish","format-standard","hentry","category-sports","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/135203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=135203"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/135203\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=135203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=135203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=135203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}