Juan Soto contract Break Down: Opt-out, deferred, bonus & more

Juan Soto contract Break down: Mets' $765M deal, Incl. opt-out clause, big signing bonus, no deferred money

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's contract becomes the largest in Major League Baseball history, dethroning the agreement Shohei Ohtani signed just a year ago with the Los Angeles Dodgers. 

Breaking down the Mets' Juan Soto $765M contract details

#1 Contract Length 

Juan Soto: 15 years (2024-2038), potentially worth more if the opt-out clause conditions are met.

#2 Total Value

Juan Soto: $765 million guaranteed, increasing to $805 million if opt-out conditions are voided

#3 Annual Average Value (AAV)

Soto: AAV without adjustment: $51 million. AAV with opt-out void: $53.66 million

#4 Present Value of Future Payments

Juan Soto: No deferred money means the nominal value closely matches the present value.

#5 Signing Bonus

Soto: $75 million signing bonus, paid up front

#6 Deferred Payments

Soto: None. All payments are structured within the 15-year period

#7 Luxury Tax Impact

Soto: Counts $51 million annually (or $53.66 million if opt-out is voided) toward the Mets's luxury tax

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