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FILE - New York Yankees' Juan Soto talks with agent Scott Boras before Game 1 of the baseball World Series against the Los Angeles Dodgers, Friday, Oct. 25, 2024, in Los Angeles. (AP Photo/Julio Cortez, File)

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.

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