Juan Soto contract breakdown: Details of Mets’ $765M deal, including opt-out clause, incentives and more

Juan Soto has officially joined the New York Mets after passing his physical and signing a 15-year, $765 million contract, making it the largest in MLB history. Unlike Shohei Ohtani’s deal with the Dodgers, Soto’s contract has no deferred money. Additionally, Soto has the option to opt out after the 2029 season, with a potential increase to $800 million if he chooses to stay. Summary: Juan Soto’s new contract with the New York Mets would give him $50 million per year for his final decade in Queens, bringing the total deal to $805 million. The contract includes a $75 million signing bonus, with the payment schedule yet to be determined. Soto also has incentives in the contract, such as earning an additional $500,000 if he wins a National League Most Valuable Player Award. His opt-out clause is contingent on MLB and MLBPA reaching a new Collective Bargaining Agreement.

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