Analysis: After Juan Soto's megadeal, could MLB see a $1 billion contract? Probably not soon
For the second straight Major League Baseball offseason, a norm-shattering contract has been the talk of the winter, with Juan Soto agreeing with the New York Mets on a $765 million, 15-year deal that’s the richest in baseball history
By DAVID BRANDT
Published - Dec 10, 2024, 05:35 PM ET
Last Updated - Dec 16, 2024, 05:00 PM EST
For the second straight Major League Baseball offseason, a norm-shattering contract has been the talk of the winter, with Juan Soto agreeing with the New York Mets on a $765 million, 15-year deal that's the richest in baseball history.
It comes almost exactly one year after the Los Angeles Dodgers forked out a princely sum of $700 million on a 10-year, heavily deferred deal for two-way Japanese superstar Shohei Ohtani. They are believed to be the two richest contracts in pro sports history.
The way it's going, a contract approaching $1 billion doesn't seem out of the question.
But several factors are working against it — at least in the near future.